4-bed · 8,007 sqftW Residences (The Alef), Palm Jumeirah · 3rd floor · completed 2020

2-301, W Residences (The Alef)

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-301 · DLD and Ejari recordsUpdated 5 April 2022
Last soldAED 22.23M5 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-301, W Residences (The Alef)

What is 2-301 worth today?

Last sold for AED 22,228,555 in 2022

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5 Apr 2022Sold by developerReady
AED 22,228,555AED 2,776 per sqft

Source: Dubai Land Department. Updated 5 April 2022.

Key facts

Type
4-bed apartment
Size
8,007 sqft
Floor
3rd of 7
Parking
G-84,G-85
Developer
ASI Real Estate Development
Completed
2020
Last sold
AED 22.23M · April 2022

About 2-301, W Residences (The Alef)

2-301 is a four-bedroom apartment of 8,007 sqft on the 3rd floor of W Residences (The Alef), a 7-storey tower in Palm Jumeirah completed in 2020 by ASI Real Estate Development . The developer sold it on 5 April 2022 for AED 22,228,555, or AED 2,776 per sqft, 7% below the AED 2,984 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2-301 over time

Sales
Unit 2-301, each saleTypical four-bed in W Residences (The Alef)
20M30M40M20192021202320252027Typical 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, April 2022: AED 22,228,555 (AED 2,776 per sqft)

2-301 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2-301, 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 2-301 sits

All 32 4-beds →

2-301 last sold in April 2022 at AED 2,776 per sqft, 7% below what four-beds in W Residences (The Alef) were fetching at the time (AED 2,984). 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
19 Feb 202633,000,000
14 Mar 202440,000,000
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 3rd floor

All 104 units in W Residences (The Alef)
Value
1-3013-bedAED 22M · Oct 2025
1-3023-bedAED 34M · Apr 2025
2-3023-bedAED 18.85M · May 2021
3-3014-bedAED 14.5M · Jan 2019
3-3023-bedAED 19.93M · Apr 2022
4-3015-bedAED 25.36M · Sep 2021
4-3023-bedAED 33M · Nov 2024
1–7 of 14

2-301, W Residences (The Alef) in numbers

  • Sold once: by ASI Real Estate Development on 5 April 2022 for AED 22,228,555, or AED 2,776 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 5 April 2022.

Questions about 2-301, W Residences (The Alef)

What did unit 2-301 last sell for?

AED 22,228,555 on 5 April 2022, sold by the developer: AED 2,776 per sqft for 8,007 sqft. It is the only registered sale of the unit.

How big is unit 2-301?

8,007 sqft (743.9 sqm): a four-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 2-301 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 2-301, W Residences (The Alef)

Starts from the last sale price (AED 22.23M, 5 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 22,228,555
Deposit, UAE resident (20%)
AED 4,445,711
Deposit, non-resident (40%)
AED 8,891,422
Monthly over 25 years at 3.7%
AED 90,944

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