2-bed · 5,762 sqftW Residences (The Alef), Palm Jumeirah · 7th floor · completed 2020

4-701, W Residences (The Alef)

Sold prices and rental history: sold once, by the developer in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4-701 · DLD and Ejari recordsUpdated 24 July 2023
Last soldAED 20.94M24 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4-701, W Residences (The Alef)

What is 4-701 worth today?

Last sold for AED 20,935,555 in 2023

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24 Jul 2023Sold by developerReady
AED 20,935,555AED 3,633 per sqft

Source: Dubai Land Department. Updated 24 July 2023.

Key facts

Type
2-bed apartment
Size
5,762 sqft
Floor
7th of 7
Parking
G-125,G-126
Developer
ASI Real Estate Development
Completed
2020
Last sold
AED 20.94M · July 2023

About 4-701, W Residences (The Alef)

4-701 is a two-bedroom apartment of 5,762 sqft on the 7th 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 24 July 2023 for AED 20,935,555, or AED 3,633 per sqft, 6% below the AED 3,859 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in W Residences (The Alef), and where 4-701 sits

All 6 2-beds →

4-701 last sold in July 2023 at AED 3,633 per sqft, 6% below what two-beds in W Residences (The Alef) were fetching at the time (AED 3,859).

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jul 202521,300,000
16 Jun 20255,226,496
27 Dec 20239,011,200
2 Nov 202221,410,555
0 2-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 7th floor

All 104 units in W Residences (The Alef)
Value
1-7023-bedAED 23.44M · Jul 2022
2-7013-bedAED 18.57M · Jun 2025
3-7012-bedAED 5.23M · Jun 2025
3-7023-bedAED 20M · Nov 2022
4-7023-bedAED 23.45M · Jul 2022
5-7023-bedAED 10.61M · Dec 2023
6-7015-bedNo registered sale
1–7 of 10

4-701, W Residences (The Alef) in numbers

  • Sold once: by ASI Real Estate Development on 24 July 2023 for AED 20,935,555, or AED 3,633 per sqft.

Source: Dubai Land Department. Updated 24 July 2023.

Questions about 4-701, W Residences (The Alef)

What did unit 4-701 last sell for?

AED 20,935,555 on 24 July 2023, sold by the developer: AED 3,633 per sqft for 5,762 sqft. It is the only registered sale of the unit.

How big is unit 4-701?

5,762 sqft (535.3 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 4-701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4-701, W Residences (The Alef)

Starts from the last sale price (AED 20.94M, 24 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 20,935,555
Deposit, UAE resident (20%)
AED 4,187,111
Deposit, non-resident (40%)
AED 8,374,222
Monthly over 25 years at 3.7%
AED 85,654

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