4-bed · 6,809 sqftW Residences (The Alef), Palm Jumeirah · 5th floor · completed 2020

1-502, W Residences (The Alef)

Sold prices and rental history: sold twice, last in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-502 · DLD and Ejari recordsUpdated 19 February 2026
Last soldAED 33M19 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-502, W Residences (The Alef)

What is 1-502 worth today?

Last sold for AED 33,000,000 in 2026

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19 Feb 2026SoldReady
AED 33,000,000AED 4,846 per sqft
12 Oct 2020Sold by developerOff-plan
AED 17,640,000AED 2,590 per sqft

Source: Dubai Land Department. Updated 19 February 2026.

Key facts

Type
4-bed apartment
Size
6,809 sqft
Floor
5th of 7
Parking
G-97,G-98
Developer
ASI Real Estate Development
Completed
2020
Last sold
AED 33M · February 2026

About 1-502, W Residences (The Alef)

1-502 is a four-bedroom apartment of 6,809 sqft on the 5th floor of W Residences (The Alef), a 7-storey tower in Palm Jumeirah completed in 2020 by ASI Real Estate Development . It last sold on 19 February 2026 for AED 33,000,000, or AED 4,846 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1-502 over time

Sales
Unit 1-502, each saleTypical four-bed in W Residences (The Alef)
20M40M20192021202320252027Typical sale price by year: 2019 AED 23,725,000; 2020 AED 18,760,000; 2021 AED 24,559,555; 2022 AED 26,392,555; 2023 AED 24,842,070; 2026 AED 40,000,000Sold by developer, October 2020: AED 17,640,000 (AED 2,590 per sqft)Sold, February 2026: AED 33,000,000 (AED 4,846 per sqft)

1-502 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1-502, each contractTypical four-bed in W Residences (The Alef)
2M2.5M3M2024202520262027Typical rent by year: 2024 AED 3,000,000; 2025 AED 1,900,000; 2026 AED 2,450,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in W Residences (The Alef), and where 1-502 sits

All 32 4-beds →

Over the last 12 months four-beds sold for AED 33,000,000 to 53,700,555, around AED 4,846 per sqft, and rent for AED 1,600,000 to 3,206,500 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
15 Oct 202653,700,555
5 Mar 202640,000,000
14 Mar 202440,000,000
28 Dec 202324,842,070
3 4-bed sales in the last 12 months

W Residences (The Alef)

Building

104 apartments, 2-bed to 6-bed over 7 floors in Palm Jumeirah, completed in 2020 by ASI Real Estate Development . 6 sold in the last 12 months.

Typical price per sqft
AED 4,487
Typical sale
AED 36.5M
Typical rent
AED 2.1M /yr
Typical yield
7.3%
W Residences (The Alef), Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 104 units in W Residences (The Alef)
Value
1-5014-bedAED 23M · Jan 2023
2-5013-bedAED 19.5M · Mar 2022
2-5023-bedAED 14.33M · Jul 2017
3-5015-bedAED 19.87M · Jun 2021
3-5023-bedAED 32M · Jan 2024
4-5013-bedAED 17.06M · Jun 2021
4-5024-bedAED 19.02M · Apr 2022
1–7 of 15

1-502, W Residences (The Alef) in numbers

  • Sold twice: first on 12 October 2020 for AED 17,640,000, last on 19 February 2026 for AED 33,000,000 (AED 4,846 per sqft).
  • Four-beds in W Residences (The Alef) sold for AED 33,000,000–53,700,555 in the 12 months to November 2026; the building's median across all types is AED 4,487 per sqft.

Source: Dubai Land Department. Updated 19 February 2026.

Questions about 1-502, W Residences (The Alef)

What did unit 1-502 last sell for?

AED 33,000,000 on 19 February 2026: AED 4,846 per sqft for 6,809 sqft. The unit has 2 registered sales; the first was AED 17,640,000 in October 2020.

How big is unit 1-502?

6,809 sqft (632.6 sqm): a four-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 1-502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in W Residences (The Alef) sold for AED 33,000,000 to 53,700,555 in the last 12 months, around AED 4,846 per sqft.

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Mortgage on 1-502, W Residences (The Alef)

Starts from the last sale price (AED 33M, 19 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 33,000,000
Deposit, UAE resident (20%)
AED 6,600,000
Deposit, non-resident (40%)
AED 13,200,000
Monthly over 25 years at 3.7%
AED 135,013

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