WP206, The Residences 3 (W1)
Sold prices and rental history: sold twice, last in January 2014, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for WP206, The Residences 3 (W1)
What is WP206 worth today?
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Source: Dubai Land Department. Updated 2 January 2014.
Key facts
- Type
- Studio apartment
- Size
- 889 sqft
- Floor
- 2nd of 25
- Parking
- B2-73
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 19,100 /yr
- Last sold
- AED 2M · January 2014
- Building
- The Residences 3 (W1)
About WP206, The Residences 3 (W1)
WP206 is a studio of 889 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 January 2014 for AED 2,000,000, or AED 2,250 per sqft, 40% above the AED 1,609 studios in the building were fetching at the time.
One Ejari contract is registered, from 8 August 2013. The current contract, signed on 8 August 2013, is AED 100,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 19,100 a year.
Studios in The Residences 3 (W1), and where WP206 sits
All 3 studios →WP206 last sold in January 2014 at AED 2,250 per sqft, 40% above what studios in The Residences 3 (W1) were fetching at the time (AED 1,609).
| 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 | ||
| 6 Jul 20146 July 2014 | 958 sqft | 1,481,888 | 1,547 | ||
| 11 Aug 201311 August 2013 | 937 sqft | 1,675,000 | 1,788 |
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 | |
| WP204 | Studio | 958 sqft | AED 1.48MAED 1,481,888 · Jul 2014July 2014 | 135,000 /yr | |
| WP205 | Studio | 937 sqft | AED 2.03MAED 2,025,000 · Jun 2025June 2025 | 105,000 /yr |
WP206, The Residences 3 (W1) in numbers
- Sold twice: first on 2 October 2013 for AED 1,269,800, last on 2 January 2014 for AED 2,000,000 (AED 2,250 per sqft).
- Rented since August 2013 on one Ejari contract, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 19,100 a year (AED 21.55 per sqft).
Source: Dubai Land Department. Updated 2 January 2014.
Questions about WP206, The Residences 3 (W1)
What did unit WP206 last sell for?
AED 2,000,000 on 2 January 2014: AED 2,250 per sqft for 889 sqft. The unit has 2 registered sales; the first was AED 1,269,800 in October 2013.
What is the rent for unit WP206?
AED 100,000 a year on the contract signed on 8 August 2013.
How big is unit WP206?
889 sqft (82.6 sqm): a studio on the 2nd floor of a 25-storey tower completed in 2007.
What is unit WP206 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 WP206, The Residences 3 (W1)
Starts from the last sale price (AED 2M, 2 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →