Studio · 937 sqftThe Residences 3 (W1), Downtown Dubai · 2nd floor · completed 2007

WP205, The Residences 3 (W1)

Sold prices and rental history: sold 4 times, last in June 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit WP205 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 2.03M2 June 2025
Current rentAED 105K /yr6 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for WP205, The Residences 3 (W1)

What is WP205 worth today?

Last sold for AED 2,025,000 in 2025

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2 Jun 2025SoldReady
AED 2,025,000AED 2,162 per sqft
6 Mar 2024RentedRenewal
AED 105,000/yr12 months · AED 112 per sqft
6 Mar 2023RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft
25 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft
6 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 117 per sqft
12 Oct 2016SoldReady
AED 1,800,000AED 1,921 per sqft
28 Sep 2014RentedRenewal
AED 100,000/yr24 months · AED 107 per sqft
28 Sep 2013RentedNew contract
AED 100,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
Studio apartment
Size
937 sqft
Floor
2nd of 25
Parking
B2-84 , B2-87T
Developer
Emaar
Completed
2007
Service charge
AED 20,200 /yr
Last sold
AED 2.03M · June 2025

About WP205, The Residences 3 (W1)

WP205 is a studio of 937 sqft on the 2nd floor of The Residences 3 (W1), a 25-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 2 June 2025 for AED 2,025,000, or AED 2,162 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 6 March 2024, is AED 105,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 20,200 a year.

Studios in The Residences 3 (W1), and where WP205 sits

All 3 studios →
Recent studio salesUnit no.Price (AED)Summary
6 Jul 20141,481,888
2 Jan 20142,000,000
2 Oct 20131,269,800
0 studio sales 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 2nd floor

All 111 units in The Residences 3 (W1)
Value
2022-bedAED 1.81M · Oct 2008
2031-bedAED 2.08M · Dec 2014
WP204StudioAED 1.48M · Jul 2014
WP206StudioAED 2M · Jan 2014

WP205, The Residences 3 (W1) in numbers

  • Sold 4 times: first on 1 August 2013 for AED 1,251,888, last on 2 June 2025 for AED 2,025,000 (AED 2,162 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 105,000 by March 2024.
  • At AED 105,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 20,200 a year (AED 21.55 per sqft).

Source: Dubai Land Department. Updated 2 June 2025.

Questions about WP205, The Residences 3 (W1)

What did unit WP205 last sell for?

AED 2,025,000 on 2 June 2025: AED 2,162 per sqft for 937 sqft. The unit has 4 registered sales; the first was AED 1,251,888 in August 2013.

What is the rent for unit WP205?

AED 105,000 a year on the contract renewed on 6 March 2024. The previous contract, from March 2023, was AED 100,000; the unit has been rented since September 2013.

How big is unit WP205?

937 sqft (87.1 sqm): a studio on the 2nd floor of a 25-storey tower completed in 2007.

What is unit WP205 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 WP205, The Residences 3 (W1)

Starts from the last sale price (AED 2.03M, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

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