1-bed · 1,023 sqftThe Residences 3 (W1), Downtown Dubai · 4th floor · completed 2007

405, The Residences 3 (W1)

Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 775K27 August 2018
Current rentAED 140K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, The Residences 3 (W1)

What is 405 worth today?

Last sold for AED 775,000 in 2018

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25 Oct 2025RentedNew contract
AED 140,000/yr12 months · AED 137 per sqft
24 Sep 2023RentedRenewal
AED 137,500/yr12 months · AED 134 per sqft
24 Sep 2022RentedRenewal
AED 126,500/yr12 months · AED 124 per sqft
24 Sep 2021RentedRenewal
AED 98,000/yr12 months · AED 96 per sqft
24 Sep 2020RentedRenewal
AED 83,000/yr12 months · AED 81 per sqft
24 Sep 2019RentedRenewal
AED 108,000/yr12 months · AED 106 per sqft
24 Sep 2018RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
27 Aug 2018SoldReady
AED 775,000AED 757 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
4th of 25
Parking
P-180
Developer
Emaar
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 775K · August 2018

About 405, The Residences 3 (W1)

405 is a one-bedroom apartment of 1,023 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 27 August 2018 for AED 775,000, or AED 757 per sqft, 49% below the AED 1,474 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 25 October 2025, is AED 140,000 a year: a gross yield of 18.1% on the 2018 price, before the service charge of about AED 22,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2018: AED 775,000 (AED 757 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in The Residences 3 (W1)
100K150K2012201620202024Typical 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, September 2018: AED 110,000 a yearRenewal, September 2019: AED 108,000 a yearRenewal, September 2020: AED 83,000 a yearRenewal, September 2021: AED 98,000 a yearRenewal, September 2022: AED 126,500 a yearRenewal, September 2023: AED 137,500 a yearNew contract, October 2025: AED 140,000 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 405 sits

All 63 1-beds →

405 last sold in August 2018 at AED 757 per sqft, 49% below what one-beds in The Residences 3 (W1) were fetching at the time (AED 1,474). 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. 405's AED 140,000 is in the upper 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
4031-bedAED 1.25M · Sep 2010
4041-bedAED 2M · Dec 2014

405, The Residences 3 (W1) in numbers

  • Sold twice: first on 6 March 2012 for AED 394,400, last on 27 August 2018 for AED 775,000 (AED 757 per sqft).
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 83,000 in 2020 and recovered to AED 140,000 by October 2025.
  • At AED 140,000 a year the gross yield on the 2018 price is 18.1%, before a service charge of about AED 22,000 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 25 October 2025.

Questions about 405, The Residences 3 (W1)

What did unit 405 last sell for?

AED 775,000 on 27 August 2018: AED 757 per sqft for 1,023 sqft. The unit has 2 registered sales; the first was AED 394,400 in March 2012.

What is the rent for unit 405?

AED 140,000 a year on the contract signed on 25 October 2025. The previous contract, from September 2023, was AED 137,500; the unit has been rented since September 2018.

How big is unit 405?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2007.

What is unit 405 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 405, The Residences 3 (W1)

Starts from the last sale price (AED 775K, 27 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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