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2-bed · 1,435 sqftThe Residences 3 (W1), Downtown Dubai · 9th floor · completed 2007

901, The Residences 3 (W1)

Sold prices and rental history: sold once, by the developer in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 25 December 2011
Last soldAED 1.32M25 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 901, The Residences 3 (W1)

What is 901 worth today?

Last sold for AED 1,319,800 in 2011

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25 Dec 2011Sold by developerReady
AED 1,319,800AED 919 per sqft

Source: Dubai Land Department. Updated 25 December 2011.

Key facts

Type
2-bed apartment
Size
1,435 sqft
Floor
9th of 25
Parking
L1-774
Developer
Emaar
Completed
2007
Service charge
AED 30,900 /yr
Last sold
AED 1.32M · December 2011
Building
The Residences 3 (W1)

About 901, The Residences 3 (W1)

901 is a two-bedroom apartment of 1,435 sqft on the 9th floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 25 December 2011 for AED 1,319,800, or AED 919 per sqft, 43% below the AED 1,602 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 901 over time

Sales
Unit 901, 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, December 2011: AED 1,319,800 (AED 919 per sqft)

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

Rents
Unit 901, 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 202,500

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 901 sits

All 43 2-beds →

901 last sold in December 2011 at AED 919 per sqft, 43% below what two-beds in The Residences 3 (W1) were fetching at the time (AED 1,602). 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.

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 9th floor

All 111 units in The Residences 3 (W1)
Value
9022-bedAED 6.55M · Dec 2014
9031-bedAED 2M · Feb 2016
9041-bedAED 626K · Sep 2010
9051-bedAED 409K · May 2008

901, The Residences 3 (W1) in numbers

  • Sold once: by Emaar on 25 December 2011 for AED 1,319,800, or AED 919 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 25 December 2011.

Questions about 901, The Residences 3 (W1)

What did unit 901 last sell for?

AED 1,319,800 on 25 December 2011, sold by the developer: AED 919 per sqft for 1,435 sqft. It is the only registered sale of the unit.

How big is unit 901?

1,435 sqft (133.3 sqm): a two-bedroom apartment on the 9th floor of a 25-storey tower completed in 2007.

What is unit 901 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 901, The Residences 3 (W1)

Starts from the last sale price (AED 1.32M, 25 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,319,800
Deposit, UAE resident (20%)
AED 263,960
Deposit, non-resident (40%)
AED 527,920
Monthly over 25 years at 3.7%
AED 5,400

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