5-602, W Residences (The Alef)
Sold prices and rental history: sold twice, last in October 2026, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5-602, W Residences (The Alef)
What is 5-602 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 5,469 sqft
- Floor
- 6th of 7
- Parking
- G-282,G-283
- Developer
- ASI Real Estate Development
- Completed
- 2020
- Last sold
- AED 19.6M · October 2026
- Building
- W Residences (The Alef)
About 5-602, W Residences (The Alef)
5-602 is a three-bedroom apartment of 5,469 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 . It last sold on 15 October 2026 for AED 19,600,555, or AED 3,583 per sqft, in line with the AED 3,583 three-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 2,000,000 a year: a gross yield of 10.2% on the 2026 price.
Sales and rents for 5-602 over time
5-602 has sold twice; the dashed line is the three-bed median of each year in the building.
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 5-602 sits
All 54 3-beds →5-602 last sold in October 2026 at AED 3,583 per sqft, in line with what three-beds in W Residences (The Alef) were fetching at the time (AED 3,583). 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. 5-602's AED 2,000,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Mar 20269 March 2026 | 6,040 sqft | 22,000,000 | 3,642 | ||
| 28 Oct 202528 October 2025 | 6,873 sqft | 22,000,000 | 3,200 | ||
| 26 Jun 202526 June 2025 | 4,721 sqft | 39,000,000 | 8,260 | ||
| 16 Jun 202516 June 2025 | 3,235 sqft | 5,822,712 | 1,799 |
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 6th floor
All 104 units in W Residences (The Alef)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-601 | 3-bed | 12,804 sqft | No registered sale | ||
| 1-602 | 3-bed | 7,021 sqft | No registered sale | ||
| 2-601 | 2-bed | 5,399 sqft | AED 20.84MAED 20,838,555 · Aug 2022August 2022 | ||
| 2-602 | 3-bed | 4,721 sqft | AED 39MAED 39,000,000 · Jun 2025June 2025 | ||
| 3-601 | 2-bed | 6,480 sqft | AED 21.3MAED 21,300,000 · Jul 2025July 2025 | ||
| 3-602 | 3-bed | 6,040 sqft | AED 22MAED 22,000,000 · Mar 2026March 2026 | 2,000,000 /yr | |
| 4-601 | 4-bed | 5,987 sqft | AED 22.75MAED 22,749,555 · Jul 2022July 2022 | ||
| 4-602 | 3-bed | 5,917 sqft | AED 22MAED 22,000,555 · Jul 2022July 2022 | ||
| 5-601 | 4-bed | 13,801 sqft | AED 24.84MAED 24,842,070 · Dec 2023December 2023 | ||
| 6-601 | 5-bed | 7,308 sqft | No registered sale | ||
| 6-602 | 3-bed | 6,795 sqft | AED 25.83MAED 25,830,555 · Jul 2022July 2022 | ||
| 7-601 | 4-bed | 6,318 sqft | AED 24.64MAED 24,642,555 · Jul 2022July 2022 | ||
| 7-602 | 4-bed | 14,848 sqft | AED 57MAED 57,000,000 · Mar 2022March 2022 | ||
| 8-601 | 3-bed | 3,235 sqft | AED 5.82MAED 5,822,712 · Jun 2025June 2025 | ||
| 8-602 | 2-bed | 6,895 sqft | AED 18.5MAED 18,500,000 · Jul 2017July 2017 |
5-602, W Residences (The Alef) in numbers
- Sold twice: first on 22 July 2022 for AED 19,600,555, last on 15 October 2026 for AED 19,600,555 (AED 3,583 per sqft).
- Rented since March 2024 on 5 Ejari contracts, at AED 2,000,000 a year.
- At AED 2,000,000 a year the gross yield on the 2026 price is 10.2%.
- 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 15 October 2026.
Questions about 5-602, W Residences (The Alef)
What did unit 5-602 last sell for?
AED 19,600,555 on 15 October 2026: AED 3,583 per sqft for 5,469 sqft. The unit has 2 registered sales; the first was AED 19,600,555 in July 2022.
What is the rent for unit 5-602?
AED 2,000,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 2,000,000; the unit has been rented since March 2024.
How big is unit 5-602?
5,469 sqft (508.1 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.
What is unit 5-602 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 5-602, W Residences (The Alef)
Starts from the last sale price (AED 19.6M, 15 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 19,600,555
- Deposit, UAE resident (20%)
- AED 3,920,111
- Deposit, non-resident (40%)
- AED 7,840,222
- Monthly over 25 years at 3.7%
- AED 80,192
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →