1-bed · 1,023 sqftThe Residences 3 (W1), Downtown Dubai · 17th floor · completed 2007

1705, The Residences 3 (W1)

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 867K6 December 2011
Current rentAED 90K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, The Residences 3 (W1)

What is 1705 worth today?

Last sold for AED 866,800 in 2011

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5 Jan 2026RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
5 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
5 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
15 Dec 2020RentedRenewal
AED 75,000/yr12 months · AED 73 per sqft
8 Nov 2019RentedRenewal
AED 90,000/yr13 months · AED 88 per sqft
8 Nov 2018RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
10 Oct 2016RentedNew contract
AED 118,000/yr12 months · AED 115 per sqft
11 Oct 2015RentedNew contract
AED 120,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
17th of 25
Parking
P-303
Developer
Emaar
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 867K · December 2011

About 1705, The Residences 3 (W1)

1705 is a one-bedroom apartment of 1,023 sqft on the 17th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 6 December 2011 for AED 866,800, or AED 847 per sqft, 7% above the AED 789 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 5 January 2026, is AED 90,000 a year: a gross yield of 10.4% on the 2011 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical one-bed in The Residences 3 (W1)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,051,888; 2009 AED 756,800; 2010 AED 776,800; 2011 AED 824,800; 2012 AED 721,783; 2013 AED 1,850,000; 2014 AED 2,300,000; 2015 AED 2,125,000; 2016 AED 2,100,000; 2018 AED 1,640,000; 2022 AED 1,737,500; 2025 AED 2,345,000; 2026 AED 2,550,000Sold by developer, December 2011: AED 866,800 (AED 847 per sqft)

1705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1705, each contractTypical one-bed in The Residences 3 (W1)
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 105,000; 2014 AED 122,500; 2015 AED 122,500; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 91,000; 2020 AED 80,000; 2021 AED 78,750; 2022 AED 95,000; 2023 AED 109,744; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 120,000New contract, October 2015: AED 120,000 a yearNew contract, October 2016: AED 118,000 a yearNew contract, November 2018: AED 90,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, December 2020: AED 75,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearRenewal, January 2026: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Residences 3 (W1), and where 1705 sits

All 63 1-beds →

1705 last sold in December 2011 at AED 847 per sqft, 7% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 789). Over the last 12 months one-beds sold for AED 2,350,000 to 3,000,000, around AED 2,443 per sqft, and rent for AED 38,667 to 160,000 a year. 1705's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 20262,430,000
13 Aug 20262,600,000
24 Jul 20262,500,000
1 May 20262,650,000
7 1-bed sales in the last 12 months

The Residences 3 (W1)

Building

111 apartments, studios to 5-bed over 25 floors in Downtown Dubai, completed in 2007 by Emaar. 8 sold in the last 12 months.

Typical price per sqft
AED 2,492
Typical sale
AED 2.55M
Typical rent
AED 134K /yr
Typical yield
5.2%
The Residences 3 (W1), Downtown Dubai: prices, sales and rents →

Other units on the 17th floor

All 111 units in The Residences 3 (W1)
Value
17012-bedAED 3.45M · Mar 2022
17022-bedAED 3.1M · Jun 2019
17031-bedAED 771K · May 2011
17041-bedAED 1.28M · May 2019

1705, The Residences 3 (W1) in numbers

  • Sold once: by Emaar on 6 December 2011 for AED 866,800, or AED 847 per sqft.
  • Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 90,000 by January 2026.
  • At AED 90,000 a year the gross yield on the 2011 price is 10.4%, before a service charge of about AED 22,000 a year (AED 21.55 per sqft).
  • One-beds in The Residences 3 (W1) sold for AED 2,350,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,492 per sqft.

Source: Dubai Land Department. Updated 5 January 2026.

Questions about 1705, The Residences 3 (W1)

What did unit 1705 last sell for?

AED 866,800 on 6 December 2011, sold by the developer: AED 847 per sqft for 1,023 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 90,000 a year on the contract renewed on 5 January 2026. The previous contract, from January 2025, was AED 90,000; the unit has been rented since October 2015.

How big is unit 1705?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 17th floor of a 25-storey tower completed in 2007.

What is unit 1705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 3 (W1) sold for AED 2,350,000 to 3,000,000 in the last 12 months, around AED 2,443 per sqft.

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Mortgage on 1705, The Residences 3 (W1)

Starts from the last sale price (AED 867K, 6 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 866,800
Deposit, UAE resident (20%)
AED 173,360
Deposit, non-resident (40%)
AED 346,720
Monthly over 25 years at 3.7%
AED 3,546

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →