
404, The Residences 3 (W1)
Sold prices and rental history: sold 3 times, last in December 2014, 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 404, The Residences 3 (W1)
What is 404 worth today?
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Source: Dubai Land Department. Updated 30 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 948 sqft
- Floor
- 4th of 25
- Parking
- P-179
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,400 /yr
- Last sold
- AED 2M · December 2014
- Building
- The Residences 3 (W1)
About 404, The Residences 3 (W1)
404 is a one-bedroom apartment of 948 sqft on the 4th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 18 December 2014 for AED 2,000,000, or AED 2,109 per sqft, 12% below the AED 2,405 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 30 June 2024, is AED 100,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 20,400 a year.
Sales and rents for 404 over time
404 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 404 sits
All 63 1-beds →404 last sold in December 2014 at AED 2,109 per sqft, 12% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 2,405). 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. 404's AED 100,000 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 4th floor
All 111 units in The Residences 3 (W1)404, The Residences 3 (W1) in numbers
- Sold 3 times: first on 16 September 2010 for AED 552,800, last on 18 December 2014 for AED 2,000,000 (AED 2,109 per sqft).
- Rented since March 2013 on 10 Ejari contracts, from AED 85,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2014 price is 5.0%, 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 30 June 2024.
Questions about 404, The Residences 3 (W1)
What did unit 404 last sell for?
AED 2,000,000 on 18 December 2014: AED 2,109 per sqft for 948 sqft. The unit has 3 registered sales; the first was AED 552,800 in September 2010.
What is the rent for unit 404?
AED 100,000 a year on the contract renewed on 30 June 2024. The previous contract, from June 2023, was AED 97,000; the unit has been rented since March 2013.
How big is unit 404?
948 sqft (88.1 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2007.
What is unit 404 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 404, The Residences 3 (W1)
Starts from the last sale price (AED 2M, 18 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →