2-bed · 1,478 sqftThe Residences 3 (W1), Downtown Dubai · 23rd floor · completed 2007

2302, The Residences 3 (W1)

Sold prices and rental history: sold 4 times, last in September 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 2 July 2026
Last soldAED 5.35M7 September 2015
Current rentAED 220K /yr2 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, The Residences 3 (W1)

What is 2302 worth today?

Last sold for AED 5,350,000 in 2015

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2 Jul 2026RentedRenewal
AED 220,000/yr12 months · AED 149 per sqft
2 Jul 2025RentedRenewal
AED 220,000/yr12 months · AED 149 per sqft
2 Jul 2025RentedRenewal
AED 220,000/yr12 months · AED 149 per sqft
2 Jul 2024RentedRenewal
AED 220,000/yr12 months · AED 149 per sqft
2 Jul 2023RentedRenewal
AED 220,000/yr12 months · AED 149 per sqft
20 Mar 2023RentedRenewal
AED 148,444/yr3 months · AED 100 per sqft
20 Mar 2022RentedRenewal
AED 147,000/yr12 months · AED 99 per sqft
20 Mar 2021RentedRenewal
AED 145,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type
2-bed apartment
Size
1,478 sqft
Floor
23rd of 25
Parking
L1-731
Developer
Emaar
Completed
2007
Service charge
AED 31,900 /yr
Last sold
AED 5.35M · September 2015

About 2302, The Residences 3 (W1)

2302 is a two-bedroom apartment of 1,478 sqft on the 23rd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 7 September 2015 for AED 5,350,000, or AED 3,619 per sqft, 8% below the AED 3,919 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, renewed on 2 July 2026, is AED 220,000 a year: a gross yield of 4.1% on the 2015 price, before the service charge of about AED 31,900 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, November 2012: AED 4,500,000 (AED 3,044 per sqft)Sold by developer, November 2012: AED 3,330,000 (AED 2,253 per sqft)Sold, April 2014: AED 6,125,000 (AED 4,144 per sqft)Sold, September 2015: AED 5,350,000 (AED 3,619 per sqft)

2302 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, 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 2015: AED 200,000 a yearNew contract, September 2016: AED 185,000 a yearRenewal, September 2017: AED 185,000 a yearRenewal, September 2018: AED 204,000 a yearNew contract, March 2019: AED 160,000 a yearRenewal, March 2020: AED 160,000 a yearRenewal, March 2021: AED 145,000 a yearRenewal, March 2022: AED 147,000 a yearRenewal, March 2023: AED 148,444 a yearRenewal, July 2023: AED 220,000 a yearRenewal, July 2024: AED 220,000 a yearRenewal, July 2025: AED 220,000 a yearRenewal, July 2025: AED 220,000 a yearRenewal, July 2026: 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 2302 sits

All 43 2-beds →

2302 last sold in September 2015 at AED 3,619 per sqft, 8% below what two-beds in The Residences 3 (W1) were fetching at the time (AED 3,919). 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. 2302'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 23rd floor

All 111 units in The Residences 3 (W1)
Value
23012-bedAED 2.5M · Dec 2020
23031-bedAED 2.05M · Aug 2022
23041-bedAED 468K · May 2008
23051-bedAED 2.5M · Nov 2025

2302, The Residences 3 (W1) in numbers

  • Sold 4 times: first on 4 November 2012 for AED 3,330,000, last on 7 September 2015 for AED 5,350,000 (AED 3,619 per sqft).
  • Rented since November 2015 on 14 Ejari contracts. The rent fell from AED 200,000 to AED 145,000 in 2021 and recovered to AED 220,000 by July 2026.
  • At AED 220,000 a year the gross yield on the 2015 price is 4.1%, 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 2 July 2026.

Questions about 2302, The Residences 3 (W1)

What did unit 2302 last sell for?

AED 5,350,000 on 7 September 2015: AED 3,619 per sqft for 1,478 sqft. The unit has 4 registered sales; the first was AED 3,330,000 in November 2012.

What is the rent for unit 2302?

AED 220,000 a year on the contract renewed on 2 July 2026. The previous contract, from July 2025, was AED 220,000; the unit has been rented since November 2015.

How big is unit 2302?

1,478 sqft (137.3 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2007.

What is unit 2302 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 2302, The Residences 3 (W1)

Starts from the last sale price (AED 5.35M, 7 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 5,350,000
Deposit, UAE resident (20%)
AED 1,070,000
Deposit, non-resident (40%)
AED 2,140,000
Monthly over 25 years at 3.7%
AED 21,889

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