1-bed · 986 sqftThe Residences 3 (W1), Downtown Dubai · 4th floor · completed 2007

403, The Residences 3 (W1)

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 1.25M16 September 2010
Current rentAED 91K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Residences 3 (W1)

What is 403 worth today?

Last sold for AED 1,250,000 in 2010

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15 Jul 2025RentedRenewal
AED 90,640/yr1 months · AED 92 per sqft
15 Jul 2025RentedRenewal
AED 90,640/yr1 months · AED 92 per sqft
15 Jul 2024RentedRenewal
AED 88,935/yr12 months · AED 90 per sqft
15 Jul 2023RentedRenewal
AED 80,850/yr12 months · AED 82 per sqft
15 Jul 2022RentedRenewal
AED 77,000/yr12 months · AED 78 per sqft
15 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
15 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 86 per sqft
25 Jan 2019RentedRenewal
AED 100,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
1-bed apartment
Size
986 sqft
Floor
4th of 25
Parking
P-178
Developer
Emaar
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 1.25M · September 2010

About 403, The Residences 3 (W1)

403 is a one-bedroom apartment of 986 sqft on the 4th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 16 September 2010 for AED 1,250,000, or AED 1,267 per sqft, 62% above the AED 781 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 90,640 a year: a gross yield of 7.2% on the 2010 price, before the service charge of about AED 21,200 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in The Residences 3 (W1)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,051,888; 2009 AED 756,800; 2010 AED 776,800; 2011 AED 824,800; 2012 AED 721,783; 2013 AED 1,850,000; 2014 AED 2,300,000; 2015 AED 2,125,000; 2016 AED 2,100,000; 2018 AED 1,640,000; 2022 AED 1,737,500; 2025 AED 2,345,000; 2026 AED 2,550,000Sold by developer, September 2010: AED 1,250,000 (AED 1,267 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in The Residences 3 (W1)
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 105,000; 2014 AED 122,500; 2015 AED 122,500; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 91,000; 2020 AED 80,000; 2021 AED 78,750; 2022 AED 95,000; 2023 AED 109,744; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 120,000New contract, May 2014: AED 125,000 a yearNew contract, May 2015: AED 125,000 a yearRenewal, May 2016: AED 125,000 a yearNew contract, January 2017: AED 125,000 a yearRenewal, January 2018: AED 115,000 a yearRenewal, January 2019: AED 100,000 a yearNew contract, February 2020: AED 85,000 a yearNew contract, July 2021: AED 70,000 a yearRenewal, July 2022: AED 77,000 a yearRenewal, July 2023: AED 80,850 a yearRenewal, July 2024: AED 88,935 a yearRenewal, July 2025: AED 90,640 a yearRenewal, July 2025: AED 90,640 a year

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 403 sits

All 63 1-beds →

403 last sold in September 2010 at AED 1,267 per sqft, 62% above what one-beds in The Residences 3 (W1) were fetching at the time (AED 781). 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. 403's AED 90,640 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 20262,430,000
13 Aug 20262,600,000
24 Jul 20262,500,000
1 May 20262,650,000
7 1-bed sales 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 4th floor

All 111 units in The Residences 3 (W1)
Value
4012-bedAED 5.75M · Feb 2015
4022-bedAED 5.5M · May 2016
4041-bedAED 2M · Dec 2014
4051-bedAED 775K · Aug 2018

403, The Residences 3 (W1) in numbers

  • Sold once: by Emaar on 16 September 2010 for AED 1,250,000, or AED 1,267 per sqft.
  • Rented since May 2014 on 13 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 90,640 by July 2025.
  • At AED 90,640 a year the gross yield on the 2010 price is 7.2%, before a service charge of about AED 21,200 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 15 July 2025.

Questions about 403, The Residences 3 (W1)

What did unit 403 last sell for?

AED 1,250,000 on 16 September 2010, sold by the developer: AED 1,267 per sqft for 986 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 90,640 a year on the contract renewed on 15 July 2025. The previous contract, from July 2025, was AED 90,640; the unit has been rented since May 2014.

How big is unit 403?

986 sqft (91.6 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2007.

What is unit 403 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 403, The Residences 3 (W1)

Starts from the last sale price (AED 1.25M, 16 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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