1-bed · 986 sqftThe Residences 3 (W1), Downtown Dubai · 2nd floor · completed 2007

203, The Residences 3 (W1)

Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 2.08M25 December 2014
Current rentAED 120K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, The Residences 3 (W1)

What is 203 worth today?

Last sold for AED 2,080,000 in 2014

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1 Dec 2025RentedRenewal
AED 120,000/yr12 months · AED 123 per sqft
1 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 121 per sqft
24 Sep 2023RentedRenewal
AED 115,000/yr12 months · AED 116 per sqft
24 Sep 2022RentedNew contract
AED 95,000/yr12 months · AED 96 per sqft
5 Sep 2021RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
5 Sep 2020RentedNew contract
AED 73,000/yr12 months · AED 74 per sqft
12 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 76 per sqft
27 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
986 sqft
Floor
2nd of 25
Parking
B2 -535
Developer
Emaar
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 2.08M · December 2014

About 203, The Residences 3 (W1)

203 is a one-bedroom apartment of 986 sqft on the 2nd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 25 December 2014 for AED 2,080,000, or AED 2,109 per sqft, 11% below the AED 2,383 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 120,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 21,200 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in The Residences 3 (W1)
2M2008201320182023Typical 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, August 2008: AED 3,250,000 (AED 3,296 per sqft)Sold by developer, August 2008: AED 993,888 (AED 1,008 per sqft)Sold, December 2014: AED 2,080,000 (AED 2,109 per sqft)

203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in The Residences 3 (W1)
100K2012201620202024Typical 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 85,000 a yearNew contract, January 2014: AED 85,000 a yearNew contract, January 2015: AED 135,000 a yearNew contract, August 2016: AED 115,000 a yearNew contract, November 2017: AED 107,500 a yearNew contract, March 2018: AED 115,000 a yearNew contract, July 2019: AED 85,000 a yearNew contract, February 2020: AED 75,000 a yearNew contract, September 2020: AED 73,000 a yearRenewal, September 2021: AED 70,000 a yearNew contract, September 2022: AED 95,000 a yearRenewal, September 2023: AED 115,000 a yearNew contract, December 2024: AED 120,000 a yearRenewal, December 2025: AED 120,000 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 203 sits

All 63 1-beds →

203 last sold in December 2014 at AED 2,109 per sqft, 11% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 2,383). 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. 203's AED 120,000 is in the upper 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 2nd floor

All 111 units in The Residences 3 (W1)
Value
2022-bedAED 1.81M · Oct 2008
WP204StudioAED 1.48M · Jul 2014
WP205StudioAED 2.03M · Jun 2025
WP206StudioAED 2M · Jan 2014

203, The Residences 3 (W1) in numbers

  • Sold 3 times: first on 13 August 2008 for AED 993,888, last on 25 December 2014 for AED 2,080,000 (AED 2,109 per sqft).
  • Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 120,000 by December 2025.
  • At AED 120,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 21,200 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 1 December 2025.

Questions about 203, The Residences 3 (W1)

What did unit 203 last sell for?

AED 2,080,000 on 25 December 2014: AED 2,109 per sqft for 986 sqft. The unit has 3 registered sales; the first was AED 993,888 in August 2008.

What is the rent for unit 203?

AED 120,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 120,000; the unit has been rented since September 2013.

How big is unit 203?

986 sqft (91.6 sqm): a one-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2007.

What is unit 203 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 203, The Residences 3 (W1)

Starts from the last sale price (AED 2.08M, 25 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,080,000
Deposit, UAE resident (20%)
AED 416,000
Deposit, non-resident (40%)
AED 832,000
Monthly over 25 years at 3.7%
AED 8,510

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