BuildingPalm Jumeirah · ASI Real Estate Development · 2020

W Residences (The Alef)

Two-beds to six-beds in Palm Jumeirah. 6 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 15 October 2026
Typical price per sqftAED 4,4876 sales
Typical saleAED 36.5M6 sales
Typical rentAED 2.1M /yrAED 328 per sqft
Typical yield7.3%gross, before service charges

About W Residences (The Alef)

W Residences (The Alef) is an apartment building on Palm Jumeirah, Dubai. It was completed in 2020 by ASI Real Estate Development and rises seven storeys. It holds 104 apartments, ranging from two-bedroom to six-bedroom layouts, with sizes from 3,235 to 15,020 sqft. The building stands among other hotel and residence developments on the Palm, including Raffles The Palm Dubai (Emerald Palace Kempinski Hotel), SLS at Palm Jumeirah and Emerald Kempinski Palm Jumeirah Residences & Hotel. The Palm Jumeirah boardwalk is within walking distance, about 200 m away. Full Cart supermarket is about 1.5 km away, and Best IVF Hospital in Dubai is about 1.8 km away. Atlantis Mall is about 2.7 km away.

104 apartments over 7 floors: 6 two-beds of 3,267 to 6,895 sqft, 54 three-beds of 3,235 to 12,804 sqft, 32 four-beds of 3,404 to 15,020 sqft, 11 five-beds of 7,305 to 9,977 sqft and 1 six-bed of 13,666 sqft.

6 apartments sold in the 12 months to October 2026, at a median of AED 4,487 per sqft. Most of the trading is in four-beds: 3 of the 6 sales, at AED 33,000,000 to 53,700,555. 12 rental contracts were registered over the same 12 months, at a typical AED 2,100,000 a year.

Developer
ASI Real Estate Development
Completed
2020
Floors
7
Units
104
Unit types
2-bed to 6-bed

Palm Jumeirah, Dubai

Average prices in W Residences (The Alef)

In W Residences (The Alef), typical sale prices over the last 12 months were around AED 20,800,000 for three-beds, AED 40,000,000 for four-beds and AED 41,000,000 for five-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in W Residences (The Alef)

3,5004,0004,5005,000May 2026Nov 20262025-12-18: AED 5,591, 5-bed, 7,333 sqft2026-02-19: AED 4,846, 4-bed, 6,809 sqft2026-03-05: AED 5,070, 4-bed, 7,888 sqft2026-03-09: AED 3,642, 3-bed, 6,040 sqft2026-10-15: AED 3,583, 3-bed, 5,469 sqft2026-10-15: AED 4,128, 4-bed, 13,009 sqftTrend: AED 5,080 to AED 3,757

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in W Residences (The Alef)

  • Completed4-bed · 13,008 sqft 15 Oct 2026AED 53,700,5554,128 /sqft
  • Completed3-bed · 5,469 sqft 15 Oct 2026AED 19,600,5553,584 /sqft
  • Completed3-bed · 6,039 sqft 09 Mar 2026AED 22,000,0003,642 /sqft
  • Completed4-bed · 7,888 sqft 05 Mar 2026AED 40,000,0005,071 /sqft
  • Completed4-bed · 6,809 sqft 19 Feb 2026AED 33,000,0004,846 /sqft
  • Completed5-bed · 7,333 sqft 18 Dec 2025AED 41,000,0005,591 /sqft
  • Completed3-bed · 6,873 sqft 28 Oct 2025AED 22,000,0003,201 /sqft
  • Completed2-bed · 6,479 sqft 30 Jul 2025AED 21,300,0003,287 /sqft
  • Completed3-bed · 4,721 sqft 26 Jun 2025AED 39,000,0008,261 /sqft
  • Completed2-bed · 3,266 sqft 16 Jun 2025AED 5,226,4961,600 /sqft

Over the last 12 months, W Residences (The Alef) has recorded 6 apartment sales. Typical homes sold for around AED 36.5M (about AED 4,487 per sqft) with a median size of 7,071 sqft; most were four-beds, from roughly AED 19.6M to AED 53.7M.

1–10 of 131

Units in W Residences (The Alef)

104 units
  • Unit 1-1013-bed · 10,227 sqftSold AED 26.07M, Apr 2022
  • Unit 1-1023-bed · 9,701 sqftSold AED 33M, Feb 2023
  • Unit 1-2013-bed · 6,825 sqftSold AED 18.62M, Dec 2022
  • Unit 1-2023-bed · 6,155 sqftSold AED 20.84M, Apr 2022
  • Unit 1-3013-bed · 6,873 sqftSold AED 22M, Oct 2025
  • Unit 1-3023-bed · 6,135 sqftSold AED 34M, Apr 2025
  • Unit 1-4014-bed · 7,578 sqftSold AED 18.68M, Oct 2020
  • Unit 1-4024-bed · 6,878 sqftSold AED 20.33M, Mar 2021
  • Unit 1-5014-bed · 7,375 sqftSold AED 23M, Jan 2023
  • Unit 1-5024-bed · 6,809 sqftSold AED 33M, Feb 2026
1–10 of 104
Every unit in W Residences (The Alef), by number

By type: two-beds (6), three-beds (54), four-beds (32), five-beds (11), six-beds (1).

Nearby in Palm Jumeirah

All 102 →
BuildingSale /sqftYield
Raffles The Palm Dubai (Emerald Palace Kempinski Hotel)AED 7,0851.9%
SLS at Palm JumeirahFew sales
Emerald Kempinski Palm Jumeirah Residences & HotelAED 2,1766.9%
The 8 Residential ApartmentsAED 3,9854.2%
Six Senses Residences The PalmAED 6,8046.6%
1–5 of 101 · nearest first

W Residences (The Alef) in numbers

  • Across 6 DLD sales in the 12 months to October 2026, the median price in W Residences (The Alef) was AED 4,487 per sqft and the typical home sold for about AED 36.5M.
  • Completed in 2020 by ASI Real Estate Development ; 7 floors of two-beds to six-beds.
  • Four-beds of 3,404 to 15,020 sqft sold for AED 33,000,000 to 53,700,555 between February 2026 and October 2026, a median AED 4,846 per sqft.
  • A three-bed of 3,235 to 12,804 sqft rents for AED 1,765,000 to 2,200,000 a year on the 4 contracts registered in the last 12 months.
  • Gross rental yield 7.3%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 15 October 2026.

Questions

How much does a four-bed in W Residences (The Alef) cost?

3 four-beds sold in the 12 months to October 2026, for AED 33,000,000 to 53,700,555; the median was AED 40,000,000, or AED 4,846 per sqft.

How much is a three-bed for rent in W Residences (The Alef)?

About AED 2,000,000 a year: that is the median of the 4 contracts for three-beds registered with Ejari in the 12 months to October 2026, from AED 1,765,000 to 2,200,000.

What is the rental yield in W Residences (The Alef)?

About 7.3% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built W Residences (The Alef) and when?

ASI Real Estate Development ; completed in 2020; 7 floors; 104 apartments.

How many apartments are there in W Residences (The Alef)?

104, two-beds to six-beds. Each has its own page with its full sales and rental history.

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