503, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, The Residences 3 (W1)
What is 503 worth today?
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Source: Dubai Land Department. Updated 4 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 986 sqft
- Floor
- 5th of 25
- Parking
- B1-590
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,200 /yr
- Last sold
- AED 723K · September 2010
- Building
- The Residences 3 (W1)
About 503, The Residences 3 (W1)
503 is a one-bedroom apartment of 986 sqft on the 5th 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 722,800, or AED 733 per sqft, 6% below the AED 781 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 4 November 2025, is AED 115,000 a year: a gross yield of 15.9% on the 2010 price, before the service charge of about AED 21,200 a year.
Sales and rents for 503 over time
503 has sold once; 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 503 sits
All 63 1-beds →503 last sold in September 2010 at AED 733 per sqft, 6% below 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. 503's AED 115,000 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 5th floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,435 sqft | AED 1.28MAED 1,275,800 · Jul 2010July 2010 | 210,000 /yr | |
| 502 | 2-bed | 1,478 sqft | AED 2.75MAED 2,747,000 · Mar 2020March 2020 | 170,000 /yr | |
| 504 | 1-bed | 948 sqft | AED 620KAED 620,000 · Jan 2011January 2011 | 130,000 /yr | |
| 505 | 1-bed | 1,023 sqft | AED 1.97MAED 1,970,000 · Jun 2023June 2023 | 80,000 /yr |
503, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 16 September 2010 for AED 722,800, or AED 733 per sqft.
- Rented since February 2012 on 9 Ejari contracts, from AED 68,750 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2010 price is 15.9%, 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 4 November 2025.
Questions about 503, The Residences 3 (W1)
What did unit 503 last sell for?
AED 722,800 on 16 September 2010, sold by the developer: AED 733 per sqft for 986 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 115,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 115,000; the unit has been rented since February 2012.
How big is unit 503?
986 sqft (91.6 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2007.
What is unit 503 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 503, The Residences 3 (W1)
Starts from the last sale price (AED 723K, 16 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 722,800
- Deposit, UAE resident (20%)
- AED 144,560
- Deposit, non-resident (40%)
- AED 289,120
- Monthly over 25 years at 3.7%
- AED 2,957
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →