WP204, The Residences 3 (W1)
Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for WP204, The Residences 3 (W1)
What is WP204 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 958 sqft
- Floor
- 2nd of 25
- Parking
- B1-488
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.48M · July 2014
- Building
- The Residences 3 (W1)
About WP204, The Residences 3 (W1)
WP204 is a studio of 958 sqft on the 2nd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 6 July 2014 for AED 1,481,888, or AED 1,547 per sqft, in line with the AED 1,547 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 135,000 a year: a gross yield of 9.1% on the 2014 price, before the service charge of about AED 20,600 a year.
Studios in The Residences 3 (W1), and where WP204 sits
All 3 studios →WP204 last sold in July 2014 at AED 1,547 per sqft, in line with what studios in The Residences 3 (W1) were fetching at the time (AED 1,547).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jun 20252 June 2025 | 937 sqft | 2,025,000 | 2,162 | ||
| 12 Oct 201612 October 2016 | 937 sqft | 1,800,000 | 1,921 | ||
| 2 Jan 20142 January 2014 | 889 sqft | 2,000,000 | 2,250 | ||
| 2 Oct 20132 October 2013 | 889 sqft | 1,269,800 | 1,429 |
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 2nd floor
All 111 units in The Residences 3 (W1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 2-bed | 1,478 sqft | AED 1.81MAED 1,805,888 · Oct 2008October 2008 | 176,500 /yr | |
| 203 | 1-bed | 986 sqft | AED 2.08MAED 2,080,000 · Dec 2014December 2014 | 120,000 /yr | |
| WP205 | Studio | 937 sqft | AED 2.03MAED 2,025,000 · Jun 2025June 2025 | 105,000 /yr | |
| WP206 | Studio | 889 sqft | AED 2MAED 2,000,000 · Jan 2014January 2014 | 100,000 /yr |
WP204, The Residences 3 (W1) in numbers
- Sold once: by Emaar on 6 July 2014 for AED 1,481,888, or AED 1,547 per sqft.
- Rented since October 2018 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2020 and recovered to AED 135,000 by October 2026.
- At AED 135,000 a year the gross yield on the 2014 price is 9.1%, before a service charge of about AED 20,600 a year (AED 21.55 per sqft).
Source: Dubai Land Department. Updated 25 October 2026.
Questions about WP204, The Residences 3 (W1)
What did unit WP204 last sell for?
AED 1,481,888 on 6 July 2014, sold by the developer: AED 1,547 per sqft for 958 sqft. It is the only registered sale of the unit.
What is the rent for unit WP204?
AED 135,000 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 135,000; the unit has been rented since October 2018.
How big is unit WP204?
958 sqft (89.0 sqm): a studio on the 2nd floor of a 25-storey tower completed in 2007.
What is unit WP204 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on WP204, The Residences 3 (W1)
Starts from the last sale price (AED 1.48M, 6 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,481,888
- Deposit, UAE resident (20%)
- AED 296,378
- Deposit, non-resident (40%)
- AED 592,755
- Monthly over 25 years at 3.7%
- AED 6,063
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →