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1-bed · 1,023 sqftThe Residences 3 (W1), Downtown Dubai · 18th floor · completed 2007

1805, The Residences 3 (W1)

Sold prices and rental history: sold twice, last in September 2018, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1805 · DLD and Ejari recordsUpdated 27 September 2018
Last soldAED 1.75M27 September 2018
Current rentAED 84K /yr23 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1805, The Residences 3 (W1)

What is 1805 worth today?

Last sold for AED 1,746,000 in 2018

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27 Sep 2018SoldReady
AED 1,746,000AED 1,706 per sqft
23 Sep 2013RentedNew contract
AED 84,000/yr12 months · AED 82 per sqft
25 Jul 2013Sold by developerReady
AED 872,800AED 853 per sqft

Source: Dubai Land Department. Updated 27 September 2018.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
18th of 25
Parking
P-300
Developer
Emaar
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 1.75M · September 2018
Building
The Residences 3 (W1)

About 1805, The Residences 3 (W1)

1805 is a one-bedroom apartment of 1,023 sqft on the 18th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 27 September 2018 for AED 1,746,000, or AED 1,706 per sqft, 12% above the AED 1,529 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 September 2013. The current contract, signed on 23 September 2013, is AED 84,000 a year: a gross yield of 4.8% on the 2018 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1805 over time

Sales
Unit 1805, 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, July 2013: AED 872,800 (AED 853 per sqft)Sold, September 2018: AED 1,746,000 (AED 1,706 per sqft)

1805 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1805, 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, September 2013: AED 84,000 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 1805 sits

All 63 1-beds →

1805 last sold in September 2018 at AED 1,706 per sqft, 12% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,529). 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. 1805's AED 84,000 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 18th floor

All 111 units in The Residences 3 (W1)
Value
18012-bedAED 1.42M · Sep 2010
18022-bedAED 2.31M · Sep 2010
18031-bedAED 775K · Sep 2010
18041-bedAED 655K · Sep 2010

1805, The Residences 3 (W1) in numbers

  • Sold twice: first on 25 July 2013 for AED 872,800, last on 27 September 2018 for AED 1,746,000 (AED 1,706 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2018 price is 4.8%, 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 27 September 2018.

Questions about 1805, The Residences 3 (W1)

What did unit 1805 last sell for?

AED 1,746,000 on 27 September 2018: AED 1,706 per sqft for 1,023 sqft. The unit has 2 registered sales; the first was AED 872,800 in July 2013.

What is the rent for unit 1805?

AED 84,000 a year on the contract signed on 23 September 2013.

How big is unit 1805?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 18th floor of a 25-storey tower completed in 2007.

What is unit 1805 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 1805, The Residences 3 (W1)

Starts from the last sale price (AED 1.75M, 27 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,746,000
Deposit, UAE resident (20%)
AED 349,200
Deposit, non-resident (40%)
AED 698,400
Monthly over 25 years at 3.7%
AED 7,143

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