2-bed · 1,478 sqftThe Residences 3 (W1), Downtown Dubai · 21st floor · completed 2007

2102, The Residences 3 (W1)

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2102 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.3M24 October 2010
Current rentAED 220K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2102, The Residences 3 (W1)

What is 2102 worth today?

Last sold for AED 2,300,000 in 2010

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1 Aug 2024RentedNew contract
AED 220,000/yr36 months · AED 149 per sqft
1 Jul 2023RentedRenewal
AED 170,000/yr12 months · AED 115 per sqft
1 Jul 2022RentedRenewal
AED 166,250/yr12 months · AED 113 per sqft
1 Jul 2021RentedRenewal
AED 155,000/yr12 months · AED 105 per sqft
1 Jul 2020RentedRenewal
AED 170,000/yr12 months · AED 115 per sqft
1 Jul 2019RentedRenewal
AED 180,000/yr12 months · AED 122 per sqft
1 Jul 2018RentedRenewal
AED 200,000/yr12 months · AED 136 per sqft
1 Jul 2017RentedNew contract
AED 200,000/yr12 months · AED 136 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,478 sqft
Floor
21st of 25
Parking
G-685
Developer
Emaar
Completed
2007
Service charge
AED 31,900 /yr
Last sold
AED 2.3M · October 2010

About 2102, The Residences 3 (W1)

2102 is a two-bedroom apartment of 1,478 sqft on the 21st floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 24 October 2010 for AED 2,300,000, or AED 1,556 per sqft, 60% above the AED 973 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 August 2024, is AED 220,000 a year: a gross yield of 9.6% on the 2010 price, before the service charge of about AED 31,900 a year.

Sales and rents for 2102 over time

Sales
Unit 2102, each saleTypical two-bed in The Residences 3 (W1)
2.5M5M20082012201620202024Typical sale price by year: 2008 AED 1,336,300; 2009 AED 1,534,800; 2010 AED 1,422,800; 2011 AED 2,300,000; 2012 AED 3,330,000; 2013 AED 4,450,000; 2014 AED 5,950,000; 2015 AED 5,350,000; 2021 AED 3,158,790; 2023 AED 4,300,000Sold by developer, October 2010: AED 2,300,000 (AED 1,556 per sqft)

2102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2102, each contractTypical two-bed in The Residences 3 (W1)
150K200K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 200,000; 2016 AED 195,000; 2017 AED 182,500; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 145,000; 2021 AED 148,000; 2022 AED 165,000; 2023 AED 176,000; 2024 AED 209,723; 2025 AED 220,000; 2026 AED 202,500New contract, November 2013: AED 210,000 a yearNew contract, November 2014: AED 210,000 a yearRenewal, November 2015: AED 210,000 a yearRenewal, November 2016: AED 210,000 a yearNew contract, July 2017: AED 200,000 a yearRenewal, July 2018: AED 200,000 a yearRenewal, July 2019: AED 180,000 a yearRenewal, July 2020: AED 170,000 a yearRenewal, July 2021: AED 155,000 a yearRenewal, July 2022: AED 166,250 a yearRenewal, July 2023: AED 170,000 a yearNew contract, August 2024: AED 220,000 a year

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

2-beds in The Residences 3 (W1), and where 2102 sits

All 43 2-beds →

2102 last sold in October 2010 at AED 1,556 per sqft, 60% above what two-beds in The Residences 3 (W1) were fetching at the time (AED 973). Over the last 12 months two-beds sold for AED 4,500,000, around AED 3,135 per sqft, and rent for AED 160,000 to 300,000 a year. 2102's AED 220,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20264,500,000
4 Mar 20254,400,000
8 Jan 20255,850,000
8 Oct 20244,950,000
1 2-bed sale 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 21st floor

All 111 units in The Residences 3 (W1)
Value
21012-bedAED 4.5M · Sep 2026
21031-bedAED 2.35M · Jan 2026
21051-bedAED 1.98M · Mar 2013

2102, The Residences 3 (W1) in numbers

  • Sold once: by Emaar on 24 October 2010 for AED 2,300,000, or AED 1,556 per sqft.
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 210,000 to AED 155,000 in 2021 and recovered to AED 220,000 by August 2024.
  • At AED 220,000 a year the gross yield on the 2010 price is 9.6%, before a service charge of about AED 31,900 a year (AED 21.55 per sqft).
  • Two-beds in The Residences 3 (W1) sold for AED 4,500,000–4,500,000 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 August 2024.

Questions about 2102, The Residences 3 (W1)

What did unit 2102 last sell for?

AED 2,300,000 on 24 October 2010, sold by the developer: AED 1,556 per sqft for 1,478 sqft. It is the only registered sale of the unit.

What is the rent for unit 2102?

AED 220,000 a year on the contract signed on 1 August 2024. The previous contract, from July 2023, was AED 170,000; the unit has been rented since November 2013.

How big is unit 2102?

1,478 sqft (137.3 sqm): a two-bedroom apartment on the 21st floor of a 25-storey tower completed in 2007.

What is unit 2102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 3 (W1) sold for AED 4,500,000 to 4,500,000 in the last 12 months, around AED 3,135 per sqft.

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Mortgage on 2102, The Residences 3 (W1)

Starts from the last sale price (AED 2.3M, 24 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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