2304, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, The Residences 3 (W1)
What is 2304 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 23rd of 25
- Parking
- G-623
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,400 /yr
- Last sold
- AED 468K · May 2008
- Building
- The Residences 3 (W1)
About 2304, The Residences 3 (W1)
2304 is a one-bedroom apartment of 948 sqft on the 23rd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 11 May 2008 for AED 467,944, or AED 493 per sqft, 23% above the AED 400 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 125,000 a year: a gross yield of 26.7% on the 2008 price, before the service charge of about AED 20,400 a year.
Sales and rents for 2304 over time
No registered sale of 2304; 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 2304 sits
All 63 1-beds →2304 last sold in May 2008 at AED 493 per sqft, 23% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 400). 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. 2304's AED 125,000 is in the upper 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 23rd floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,435 sqft | AED 2.5MAED 2,500,000 · Dec 2020December 2020 | 193,063 /yr | |
| 2302 | 2-bed | 1,478 sqft | AED 5.35MAED 5,350,000 · Sep 2015September 2015 | 220,000 /yr | |
| 2303 | 1-bed | 986 sqft | AED 2.05MAED 2,050,000 · Aug 2022August 2022 | 109,793 /yr | |
| 2305 | 1-bed | 1,023 sqft | AED 2.5MAED 2,500,000 · Nov 2025November 2025 | 145,000 /yr |
2304, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 11 May 2008 for AED 467,944, or AED 493 per sqft.
- Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 125,000 by December 2025.
- At AED 125,000 a year the gross yield on the 2008 price is 26.7%, before a service charge of about AED 20,400 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 18 December 2025.
Questions about 2304, The Residences 3 (W1)
What did unit 2304 last sell for?
AED 467,944 on 11 May 2008, sold by the developer: AED 493 per sqft for 948 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 125,000 a year on the contract renewed on 18 December 2025. The previous contract, from December 2024, was AED 125,000; the unit has been rented since May 2013.
How big is unit 2304?
948 sqft (88.1 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2007.
What is unit 2304 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.
Selling 2304? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2304, The Residences 3 (W1)
Starts from the last sale price (AED 468K, 11 May 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 467,944
- Deposit, UAE resident (20%)
- AED 93,589
- Deposit, non-resident (40%)
- AED 187,178
- Monthly over 25 years at 3.7%
- AED 1,915
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →