3-bed · 6,130 sqftW Residences (The Alef), Palm Jumeirah · 3rd floor · completed 2020

4-302, W Residences (The Alef)

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4-302 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 33M5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4-302, W Residences (The Alef)

What is 4-302 worth today?

Last sold for AED 33,000,000 in 2024

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5 Nov 2024SoldReady
AED 33,000,000AED 5,383 per sqft
27 Jan 2023SoldReady
AED 23,250,000AED 3,792 per sqft
28 Mar 2021Sold by developerOff-plan
AED 16,251,555AED 2,651 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
3-bed apartment
Size
6,130 sqft
Floor
3rd of 7
Parking
G-118,G-119
Developer
ASI Real Estate Development
Completed
2020
Last sold
AED 33M · November 2024

About 4-302, W Residences (The Alef)

4-302 is a three-bedroom apartment of 6,130 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 . It last sold on 5 November 2024 for AED 33,000,000, or AED 5,383 per sqft, 115% above the AED 2,499 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4-302 over time

Sales
Unit 4-302, each saleTypical three-bed in W Residences (The Alef)
20M30M2017202020232026Typical sale price by year: 2017 AED 20,252,500; 2018 AED 16,510,000; 2019 AED 20,150,000; 2020 AED 17,555,000; 2021 AED 18,900,055; 2022 AED 21,750,278; 2023 AED 23,500,000; 2024 AED 32,500,000; 2025 AED 22,000,000Sold by developer, March 2021: AED 16,251,555 (AED 2,651 per sqft)Sold, January 2023: AED 23,250,000 (AED 3,792 per sqft)Sold, November 2024: AED 33,000,000 (AED 5,383 per sqft)

4-302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4-302, each contractTypical three-bed in W Residences (The Alef)
1.8M2M2.2M2024202520262027Typical rent by year: 2024 AED 2,000,000; 2025 AED 2,000,000; 2026 AED 2,000,000

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

3-beds in W Residences (The Alef), and where 4-302 sits

All 54 3-beds →

4-302 last sold in November 2024 at AED 5,383 per sqft, 115% above what three-beds in W Residences (The Alef) were fetching at the time (AED 2,499). Over the last 12 months three-beds sold for AED 19,600,555 to 22,000,000, around AED 3,613 per sqft, and rent for AED 1,765,000 to 2,200,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Oct 202619,600,555
9 Mar 202622,000,000
28 Oct 202522,000,000
26 Jun 202539,000,000
2 3-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
2-3014-bedAED 22.23M · Apr 2022
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
1–7 of 14

4-302, W Residences (The Alef) in numbers

  • Sold 3 times: first on 28 March 2021 for AED 16,251,555, last on 5 November 2024 for AED 33,000,000 (AED 5,383 per sqft).
  • Three-beds in W Residences (The Alef) sold for AED 19,600,555–22,000,000 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 5 November 2024.

Questions about 4-302, W Residences (The Alef)

What did unit 4-302 last sell for?

AED 33,000,000 on 5 November 2024: AED 5,383 per sqft for 6,130 sqft. The unit has 3 registered sales; the first was AED 16,251,555 in March 2021.

How big is unit 4-302?

6,130 sqft (569.5 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 4-302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in W Residences (The Alef) sold for AED 19,600,555 to 22,000,000 in the last 12 months, around AED 3,613 per sqft.

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Mortgage on 4-302, W Residences (The Alef)

Starts from the last sale price (AED 33M, 5 November 2024). 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 →