4-bed · 13,801 sqftW Residences (The Alef), Palm Jumeirah · 6th floor · completed 2020

5-601, W Residences (The Alef)

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

Unit 5-601 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 24.84M28 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5-601, W Residences (The Alef)

What is 5-601 worth today?

Last sold for AED 24,842,070 in 2023

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28 Dec 2023Sold by developerReady
AED 24,842,070AED 1,799 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
4-bed apartment
Size
13,801 sqft
Floor
6th of 7
Parking
G-227,G-228,G-229
Developer
ASI Real Estate Development
Completed
2020
Last sold
AED 24.84M · December 2023

About 5-601, W Residences (The Alef)

5-601 is a four-bedroom apartment of 13,801 sqft on the 6th 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 28 December 2023 for AED 24,842,070, or AED 1,799 per sqft, 42% below the AED 3,118 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5-601 over time

Sales
Unit 5-601, 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, December 2023: AED 24,842,070 (AED 1,799 per sqft)

5-601 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 5-601, 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 5-601 sits

All 32 4-beds →

5-601 last sold in December 2023 at AED 1,799 per sqft, 42% below what four-beds in W Residences (The Alef) were fetching at the time (AED 3,118). 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 6th floor

All 104 units in W Residences (The Alef)
Value
1-6013-bedNo registered sale
1-6023-bedNo registered sale
2-6012-bedAED 20.84M · Aug 2022
2-6023-bedAED 39M · Jun 2025
3-6012-bedAED 21.3M · Jul 2025
3-6023-bedAED 22M · Mar 2026
4-6014-bedAED 22.75M · Jul 2022
1–7 of 15

5-601, W Residences (The Alef) in numbers

  • Sold once: by ASI Real Estate Development on 28 December 2023 for AED 24,842,070, or AED 1,799 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 28 December 2023.

Questions about 5-601, W Residences (The Alef)

What did unit 5-601 last sell for?

AED 24,842,070 on 28 December 2023, sold by the developer: AED 1,799 per sqft for 13,801 sqft. It is the only registered sale of the unit.

How big is unit 5-601?

13,801 sqft (1282.2 sqm): a four-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 5-601 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 5-601, W Residences (The Alef)

Starts from the last sale price (AED 24.84M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 24,842,070
Deposit, UAE resident (20%)
AED 4,968,414
Deposit, non-resident (40%)
AED 9,936,828
Monthly over 25 years at 3.7%
AED 101,637

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