2205, The Residences 3 (W1)
Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2205, The Residences 3 (W1)
What is 2205 worth today?
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Source: Dubai Land Department. Updated 16 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,023 sqft
- Floor
- 22nd of 25
- Parking
- G-658
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,000 /yr
- Last sold
- AED 2.08M · November 2022
- Building
- The Residences 3 (W1)
About 2205, The Residences 3 (W1)
2205 is a one-bedroom apartment of 1,023 sqft on the 22nd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 16 November 2022 for AED 2,075,000, or AED 2,028 per sqft, 17% above the AED 1,735 one-beds in the building were fetching at the time.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 16 May 2021, is AED 70,000 a year: a gross yield of 3.4% on the 2022 price, before the service charge of about AED 22,000 a year.
Sales and rents for 2205 over time
2205 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 2205 sits
All 63 1-beds →2205 last sold in November 2022 at AED 2,028 per sqft, 17% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,735). 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. 2205's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 1,023 sqft | 2,430,000 | 2,375 | ||
| 13 Aug 202613 August 2026 | 1,023 sqft | 2,600,000 | 2,541 | ||
| 24 Jul 202624 July 2026 | 1,023 sqft | 2,500,000 | 2,443 | ||
| 1 May 20261 May 2026 | 1,023 sqft | 2,650,000 | 2,590 |
The Residences 3 (W1)
Building111 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%
Other units on the 22nd floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,435 sqft | AED 3.16MAED 3,158,790 · Oct 2021October 2021 | 145,000 /yr | |
| 2202 | 2-bed | 1,478 sqft | AED 2.6MAED 2,600,000 · Dec 2010December 2010 | 165,000 /yr | |
| 2203 | 1-bed | 986 sqft | AED 1.74MAED 1,735,000 · Mar 2018March 2018 | 110,000 /yr | |
| 2204 | 1-bed | 948 sqft | AED 607KAED 606,800 · Jun 2009June 2009 | 110,000 /yr |
2205, The Residences 3 (W1) in numbers
- Sold 3 times: first on 18 June 2009 for AED 896,800, last on 16 November 2022 for AED 2,075,000 (AED 2,028 per sqft).
- Rented since September 2017 on 2 Ejari contracts, from AED 90,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 3.4%, 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 16 November 2022.
Questions about 2205, The Residences 3 (W1)
What did unit 2205 last sell for?
AED 2,075,000 on 16 November 2022: AED 2,028 per sqft for 1,023 sqft. The unit has 3 registered sales; the first was AED 896,800 in June 2009.
What is the rent for unit 2205?
AED 70,000 a year on the contract signed on 16 May 2021. The previous contract, from September 2017, was AED 90,000.
How big is unit 2205?
1,023 sqft (95.0 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2007.
What is unit 2205 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 2205, The Residences 3 (W1)
Starts from the last sale price (AED 2.08M, 16 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,075,000
- Deposit, UAE resident (20%)
- AED 415,000
- Deposit, non-resident (40%)
- AED 830,000
- Monthly over 25 years at 3.7%
- AED 8,489
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →