3-bed · 6,632 sqftW Residences (The Alef), Palm Jumeirah · 7th floor · completed 2020

5-702, 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.

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Unit 5-702 · DLD and Ejari recordsUpdated 28 December 2023

Last soldAED 10.61M28 December 2023

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Property timeline for 5-702, W Residences (The Alef)

Today

What is 5-702 worth today?

Last sold for AED 10,611,648 in 2023

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28 Dec 2023

28 Dec 2023Sold by developerReady

AED 10,611,648AED 1,599 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type: 3-bed apartment
Size: 6,632 sqft
Floor: 7th of 7
Parking: G-341,G-342
Developer: ASI Real Estate Development
Completed: 2020
Last sold: AED 10.61M · December 2023
Building: W Residences (The Alef)

About 5-702, W Residences (The Alef)

5-702 is a three-bedroom apartment of 6,632 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 28 December 2023 for AED 10,611,648, or AED 1,599 per sqft, 53% below the AED 3,401 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5-702 over time

Sales

Unit 5-702, each saleTypical three-bed in W Residences (The Alef)

5-702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents

Unit 5-702, each contractTypical three-bed in W Residences (The Alef)

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 5-702 sits

All 54 3-beds →

3-beds in W Residences (The Alef) · last 12 months3,613 /sqft W Residences (The Alef) · all types4,487 /sqft

5-702 last sold in December 2023 at AED 1,599 per sqft, 53% below what three-beds in W Residences (The Alef) were fetching at the time (AED 3,401). 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 sales	Size	Price (AED)	Per sqft
15 Oct 202615 October 2026	5,469 sqft	19,600,555	3,583
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

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 7th floor

All 104 units in W Residences (The Alef)


1-702	3-bed	6,197 sqft	AED 23.44MAED 23,442,555 · Jul 2022July 2022
2-701	3-bed	7,429 sqft	AED 18.57MAED 18,572,180 · Jun 2025June 2025
3-701	2-bed	3,267 sqft	AED 5.23MAED 5,226,496 · Jun 2025June 2025
3-702	3-bed	5,918 sqft	AED 20MAED 20,000,000 · Nov 2022November 2022	5,000,000 /yr
4-701	2-bed	5,762 sqft	AED 20.94MAED 20,935,555 · Jul 2023July 2023
4-702	3-bed	5,925 sqft	AED 23.45MAED 23,450,555 · Jul 2022July 2022
6-701	5-bed	7,305 sqft	No registered sale
6-702	3-bed	5,218 sqft	AED 20.3MAED 20,302,555 · Jul 2022July 2022
7-701	2-bed	4,996 sqft	AED 21.41MAED 21,410,555 · Nov 2022November 2022	2,000,000 /yr
8-701	4-bed	13,009 sqft	AED 53.7MAED 53,700,555 · Oct 2026October 2026	3,000,000 /yr

1–7 of 10

5-702, W Residences (The Alef) in numbers

Sold once: by ASI Real Estate Development on 28 December 2023 for AED 10,611,648, or AED 1,599 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 28 December 2023.

Questions about 5-702, W Residences (The Alef)

What did unit 5-702 last sell for?

AED 10,611,648 on 28 December 2023, sold by the developer: AED 1,599 per sqft for 6,632 sqft. It is the only registered sale of the unit.

How big is unit 5-702?

6,632 sqft (616.1 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 5-702 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 5-702, W Residences (The Alef)

Starts from the last sale price (AED 10.61M, 28 December 2023). Switch to today's estimate once you have unlocked it.

Price: AED 10,611,648
Deposit, UAE resident (20%): AED 2,122,330
Deposit, non-resident (40%): AED 4,244,659
Monthly over 25 years at 3.7%: AED 43,416

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