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2-bed · 1,435 sqftThe Residences 3 (W1), Downtown Dubai · 6th floor · completed 2007

601, The Residences 3 (W1)

Sold prices and rental history: sold 5 times, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 3M10 February 2019
Current rentAED 170K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 601, The Residences 3 (W1)

What is 601 worth today?

Last sold for AED 3,000,000 in 2019

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1 Feb 2025RentedRenewal
AED 170,000/yr12 months · AED 118 per sqft
1 Feb 2024RentedRenewal
AED 170,000/yr12 months · AED 118 per sqft
1 Feb 2023RentedRenewal
AED 170,000/yr12 months · AED 118 per sqft
1 Feb 2022RentedNew contract
AED 170,000/yr12 months · AED 118 per sqft
1 Feb 2021RentedNew contract
AED 170,000/yr12 months · AED 119 per sqft
10 Feb 2019SoldReady
AED 3,000,000AED 2,090 per sqft
18 Mar 2015SoldReady
AED 5,500,000AED 3,832 per sqft
1 Jun 2014RentedNew contract
AED 168,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
1,435 sqft
Floor
6th of 25
Parking
P-186
Developer
Emaar
Completed
2007
Service charge
AED 30,900 /yr
Last sold
AED 3M · February 2019
Building
The Residences 3 (W1)

About 601, The Residences 3 (W1)

601 is a two-bedroom apartment of 1,435 sqft on the 6th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 10 February 2019 for AED 3,000,000, or AED 2,090 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 170,000 a year: a gross yield of 5.7% on the 2019 price, before the service charge of about AED 30,900 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in The Residences 3 (W1)
2.5M5M20082012201620202024Typical sale price by year: 2008 AED 1,336,300; 2009 AED 1,534,800; 2010 AED 1,422,800; 2011 AED 2,300,000; 2012 AED 3,330,000; 2013 AED 4,450,000; 2014 AED 5,950,000; 2015 AED 5,350,000; 2021 AED 3,158,790; 2023 AED 4,300,000Sold by developer, July 2011: AED 1,286,800 (AED 896 per sqft)Sold, July 2011: AED 2,450,000 (AED 1,707 per sqft)Sold, June 2012: AED 1,450,000 (AED 1,010 per sqft)Sold, March 2015: AED 5,500,000 (AED 3,832 per sqft)Sold, February 2019: AED 3,000,000 (AED 2,090 per sqft)

601 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in The Residences 3 (W1)
150K200K2012201620202024Typical rent by year: 2012 AED 147,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 200,000; 2016 AED 195,000; 2017 AED 182,500; 2018 AED 180,000; 2019 AED 160,000; 2020 AED 145,000; 2021 AED 148,000; 2022 AED 165,000; 2023 AED 176,000; 2024 AED 209,723; 2025 AED 220,000; 2026 AED 202,500New contract, June 2013: AED 168,000 a yearNew contract, June 2014: AED 168,000 a yearNew contract, February 2021: AED 170,000 a yearNew contract, February 2022: AED 170,000 a yearRenewal, February 2023: AED 170,000 a yearRenewal, February 2024: AED 170,000 a yearRenewal, February 2025: AED 170,000 a year

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 601 sits

All 43 2-beds →

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. 601's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20264,500,000
4 Mar 20254,400,000
8 Jan 20255,850,000
8 Oct 20244,950,000
1 2-bed sale 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 6th floor

All 111 units in The Residences 3 (W1)
Value
6022-bedAED 6.1M · Dec 2014
6031-bedAED 2.15M · Jun 2015
6041-bedAED 559K · Nov 2008
6051-bedAED 2.65M · May 2026

601, The Residences 3 (W1) in numbers

  • Sold 5 times: first on 20 July 2011 for AED 2,450,000, last on 10 February 2019 for AED 3,000,000 (AED 2,090 per sqft).
  • Rented since June 2013 on 7 Ejari contracts, from AED 168,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 5.7%, 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 1 February 2025.

Questions about 601, The Residences 3 (W1)

What did unit 601 last sell for?

AED 3,000,000 on 10 February 2019: AED 2,090 per sqft for 1,435 sqft. The unit has 5 registered sales; the first was AED 2,450,000 in July 2011.

What is the rent for unit 601?

AED 170,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 170,000; the unit has been rented since June 2013.

How big is unit 601?

1,435 sqft (133.3 sqm): a two-bedroom apartment on the 6th floor of a 25-storey tower completed in 2007.

What is unit 601 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.

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Mortgage on 601, The Residences 3 (W1)

Starts from the last sale price (AED 3M, 10 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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