705, The Residences 3 (W1)
Sold prices and rental history: sold 4 times, last in October 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, The Residences 3 (W1)
What is 705 worth today?
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Source: Dubai Land Department. Updated 12 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,023 sqft
- Floor
- 7th of 25
- Parking
- L1-768
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 22,000 /yr
- Last sold
- AED 2.43M · October 2026
- Building
- The Residences 3 (W1)
About 705, The Residences 3 (W1)
705 is a one-bedroom apartment of 1,023 sqft on the 7th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 12 October 2026 for AED 2,430,000, or AED 2,375 per sqft, in line with the AED 2,443 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 9 September 2024, is AED 110,000 a year: a gross yield of 4.5% on the 2026 price, before the service charge of about AED 22,000 a year.
Sales and rents for 705 over time
705 has sold 4 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 705 sits
All 63 1-beds →705 last sold in October 2026 at AED 2,375 per sqft, in line with what one-beds in The Residences 3 (W1) were fetching at the time (AED 2,443). 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. 705's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 29 Jan 202629 January 2026 | 986 sqft | 3,000,000 | 3,042 |
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 7th floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,435 sqft | AED 1.3MAED 1,297,800 · Nov 2008November 2008 | 175,000 /yr | |
| 702 | 2-bed | 1,478 sqft | AED 1.35MAED 1,354,800 · Feb 2009February 2009 | 150,000 /yr | |
| 703 | 1-bed | 986 sqft | AED 731KAED 730,800 · Sep 2010September 2010 | 126,000 /yr | |
| 704 | 1-bed | 948 sqft | AED 562KAED 561,800 · Nov 2008November 2008 | 120,000 /yr |
705, The Residences 3 (W1) in numbers
- Sold 4 times: first on 19 November 2008 for AED 1,787,440, last on 12 October 2026 for AED 2,430,000 (AED 2,375 per sqft).
- Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 110,000 by September 2024.
- At AED 110,000 a year the gross yield on the 2026 price is 4.5%, 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 12 October 2026.
Questions about 705, The Residences 3 (W1)
What did unit 705 last sell for?
AED 2,430,000 on 12 October 2026: AED 2,375 per sqft for 1,023 sqft. The unit has 4 registered sales; the first was AED 1,787,440 in November 2008.
What is the rent for unit 705?
AED 110,000 a year on the contract renewed on 9 September 2024. The previous contract, from September 2023, was AED 109,695; the unit has been rented since December 2014.
How big is unit 705?
1,023 sqft (95.0 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2007.
What is unit 705 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 705, The Residences 3 (W1)
Starts from the last sale price (AED 2.43M, 12 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,430,000
- Deposit, UAE resident (20%)
- AED 486,000
- Deposit, non-resident (40%)
- AED 972,000
- Monthly over 25 years at 3.7%
- AED 9,942
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →