301, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, The Residences 3 (W1)
What is 301 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 5 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,435 sqft
- Floor
- 3rd of 25
- Parking
- P-242
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.25M · August 2008
- Building
- The Residences 3 (W1)
About 301, The Residences 3 (W1)
301 is a two-bedroom apartment of 1,435 sqft on the 3rd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 12 August 2008 for AED 1,253,800, or AED 873 per sqft, in line with the AED 881 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 August 2024, is AED 162,500 a year: a gross yield of 13.0% on the 2008 price, before the service charge of about AED 30,900 a year.
Sales and rents for 301 over time
301 has sold once; the dashed line is the two-bed median of each year in the building.
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 301 sits
All 43 2-beds →301 last sold in August 2008 at AED 873 per sqft, in line with what two-beds in The Residences 3 (W1) were fetching at the time (AED 881). 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. 301's AED 162,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 1,435 sqft | 4,500,000 | 3,135 | ||
| 4 Mar 20254 March 2025 | 1,435 sqft | 4,400,000 | 3,066 | ||
| 8 Jan 20258 January 2025 | 1,478 sqft | 5,850,000 | 3,958 | ||
| 8 Oct 20248 October 2024 | 1,478 sqft | 4,950,000 | 3,349 |
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 3rd floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 1,478 sqft | AED 1.58MAED 1,575,000 · Jun 2009June 2009 | 180,000 /yr | |
| 303 | 1-bed | 986 sqft | AED 1.7MAED 1,700,000 · Aug 2022August 2022 | 125,000 /yr | |
| 304 | 1-bed | 948 sqft | AED 1.45MAED 1,450,000 · Mar 2018March 2018 | 30,000 /yr | |
| 305 | 1-bed | 1,023 sqft | AED 777KAED 776,800 · Sep 2010September 2010 | 90,955 /yr |
301, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 12 August 2008 for AED 1,253,800, or AED 873 per sqft.
- Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 130,000 in 2021 and recovered to AED 162,500 by August 2024.
- At AED 162,500 a year the gross yield on the 2008 price is 13.0%, before a service charge of about AED 30,900 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 5 August 2024.
Questions about 301, The Residences 3 (W1)
What did unit 301 last sell for?
AED 1,253,800 on 12 August 2008, sold by the developer: AED 873 per sqft for 1,435 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 162,500 a year on the contract renewed on 5 August 2024. The previous contract, from August 2022, was AED 162,500; the unit has been rented since August 2018.
How big is unit 301?
1,435 sqft (133.3 sqm): a two-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2007.
What is unit 301 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.
Selling 301? 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 301, The Residences 3 (W1)
Starts from the last sale price (AED 1.25M, 12 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,253,800
- Deposit, UAE resident (20%)
- AED 250,760
- Deposit, non-resident (40%)
- AED 501,520
- Monthly over 25 years at 3.7%
- AED 5,130
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →