3-501, W Residences (The Alef)
Sold prices and rental history: sold once, by the developer in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3-501, W Residences (The Alef)
What is 3-501 worth today?
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Source: Dubai Land Department. Updated 16 June 2021.
Key facts
- Type
- 5-bed apartment
- Size
- 7,545 sqft
- Floor
- 5th of 7
- Parking
- G-291,G-337
- Developer
- ASI Real Estate Development
- Completed
- 2020
- Last sold
- AED 19.87M · June 2021
- Building
- W Residences (The Alef)
About 3-501, W Residences (The Alef)
3-501 is a five-bedroom apartment of 7,545 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 . The developer sold it on 16 June 2021 for AED 19,873,555, or AED 2,633 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 3-501 over time
3-501 has sold once; the dashed line is the five-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the five-bed median of each year in the building.
5-beds in W Residences (The Alef), and where 3-501 sits
All 11 5-beds →Over the last 12 months five-beds sold for AED 41,000,000, around AED 5,591 per sqft, and rent for AED 650,000 to 2,800,000 a year.
| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Dec 202518 December 2025 | 7,333 sqft | 41,000,000 | 5,591 | ||
| 30 Mar 202330 March 2023 | 7,599 sqft | 30,000,000 | 3,948 | ||
| 28 Feb 202328 February 2023 | 9,977 sqft | 23,000,000 | 2,305 | ||
| 27 May 202227 May 2022 | 7,599 sqft | 27,715,555 | 3,647 |
W Residences (The Alef)
Building104 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%
Other units on the 5th floor
All 104 units in W Residences (The Alef)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-501 | 4-bed | 7,375 sqft | AED 23MAED 23,000,000 · Jan 2023January 2023 | ||
| 1-502 | 4-bed | 6,809 sqft | AED 33MAED 33,000,000 · Feb 2026February 2026 | ||
| 2-501 | 3-bed | 6,599 sqft | AED 19.5MAED 19,500,000 · Mar 2022March 2022 | 2,700,000 /yr | |
| 2-502 | 3-bed | 5,706 sqft | AED 14.33MAED 14,325,000 · Jul 2017July 2017 | ||
| 3-502 | 3-bed | 6,521 sqft | AED 32MAED 32,000,000 · Jan 2024January 2024 | 1,765,000 /yr | |
| 4-501 | 3-bed | 5,118 sqft | AED 17.06MAED 17,064,555 · Jun 2021June 2021 | ||
| 4-502 | 4-bed | 7,639 sqft | AED 19.02MAED 19,020,450 · Apr 2022April 2022 | ||
| 5-501 | 3-bed | 7,338 sqft | AED 36.5MAED 36,500,000 · Dec 2024December 2024 | ||
| 5-502 | 3-bed | 5,912 sqft | AED 17.3MAED 17,300,000 · Sep 2018September 2018 | ||
| 6-501 | 5-bed | 7,333 sqft | AED 41MAED 41,000,000 · Dec 2025December 2025 | ||
| 6-502 | 4-bed | 8,493 sqft | AED 28.57MAED 28,565,555 · Apr 2022April 2022 | ||
| 7-501 | 3-bed | 6,273 sqft | AED 19.7MAED 19,703,555 · Jan 2021January 2021 | ||
| 7-502 | 3-bed | 7,749 sqft | AED 23MAED 23,000,000 · Feb 2019February 2019 | ||
| 8-501 | 3-bed | 6,978 sqft | AED 23.22MAED 23,221,555 · Mar 2021March 2021 | ||
| 8-502 | 3-bed | 9,541 sqft | AED 24.07MAED 24,074,993 · Jul 2017July 2017 |
3-501, W Residences (The Alef) in numbers
- Sold once: by ASI Real Estate Development on 16 June 2021 for AED 19,873,555, or AED 2,633 per sqft.
- Five-beds in W Residences (The Alef) sold for AED 41,000,000–41,000,000 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 16 June 2021.
Questions about 3-501, W Residences (The Alef)
What did unit 3-501 last sell for?
AED 19,873,555 on 16 June 2021, sold by the developer: AED 2,633 per sqft for 7,545 sqft. It is the only registered sale of the unit.
How big is unit 3-501?
7,545 sqft (701.0 sqm): a five-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.
What is unit 3-501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in W Residences (The Alef) sold for AED 41,000,000 to 41,000,000 in the last 12 months, around AED 5,591 per sqft.
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Mortgage on 3-501, W Residences (The Alef)
Starts from the last sale price (AED 19.87M, 16 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 19,873,555
- Deposit, UAE resident (20%)
- AED 3,974,711
- Deposit, non-resident (40%)
- AED 7,949,422
- Monthly over 25 years at 3.7%
- AED 81,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →