5-bed · 7,435 sqftW Residences (The Alef), Palm Jumeirah · 2nd floor · completed 2020

6-201, W Residences (The Alef)

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6-201 · DLD and Ejari recordsUpdated 7 April 2022
Last soldAED 22.62M7 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6-201, W Residences (The Alef)

What is 6-201 worth today?

Last sold for AED 22,615,555 in 2022

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7 Apr 2022Sold by developerReady
AED 22,615,555AED 3,041 per sqft

Source: Dubai Land Department. Updated 7 April 2022.

Key facts

Type
5-bed apartment
Size
7,435 sqft
Floor
2nd of 7
Parking
G-153,G-154
Developer
ASI Real Estate Development
Completed
2020
Last sold
AED 22.62M · April 2022

About 6-201, W Residences (The Alef)

6-201 is a five-bedroom apartment of 7,435 sqft on the 2nd 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 7 April 2022 for AED 22,615,555, or AED 3,041 per sqft, in line with the AED 3,041 five-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 6-201 over time

Sales
Unit 6-201, each saleTypical five-bed in W Residences (The Alef)
23M202120222023Typical sale price by year: 2021 AED 23,220,555; 2022 AED 22,946,055Sold by developer, April 2022: AED 22,615,555 (AED 3,041 per sqft)

6-201 has sold once; the dashed line is the five-bed median of each year in the building.

Rents
Unit 6-201, each contractTypical five-bed in W Residences (The Alef)
2.3M2.4M2.5M202520262027Typical rent by year: 2025 AED 2,323,999; 2026 AED 2,500,000

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

5-beds in W Residences (The Alef), and where 6-201 sits

All 11 5-beds →

6-201 last sold in April 2022 at AED 3,041 per sqft, in line with what five-beds in W Residences (The Alef) were fetching at the time (AED 3,041). Over the last 12 months five-beds sold for AED 41,000,000, around AED 5,591 per sqft, and rent for AED 650,000 to 2,800,000 a year.

Recent 5-bed salesUnit no.Price (AED)Summary
18 Dec 202541,000,000
30 Mar 202330,000,000
28 Feb 202323,000,000
27 May 202227,715,555
1 5-bed sale 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 2nd floor

All 104 units in W Residences (The Alef)
Value
1-2013-bedAED 18.62M · Dec 2022
1-2023-bedAED 20.84M · Apr 2022
2-2013-bedAED 22.52M · Jul 2022
2-2023-bedAED 18.82M · Jun 2021
3-2014-bedAED 18.84M · Oct 2020
3-2023-bedAED 20.01M · Jan 2023
4-2015-bedAED 21.5M · Apr 2022
1–7 of 14

6-201, W Residences (The Alef) in numbers

  • Sold once: by ASI Real Estate Development on 7 April 2022 for AED 22,615,555, or AED 3,041 per sqft.
  • Five-beds in W Residences (The Alef) sold for AED 41,000,000–41,000,000 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 7 April 2022.

Questions about 6-201, W Residences (The Alef)

What did unit 6-201 last sell for?

AED 22,615,555 on 7 April 2022, sold by the developer: AED 3,041 per sqft for 7,435 sqft. It is the only registered sale of the unit.

How big is unit 6-201?

7,435 sqft (690.7 sqm): a five-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 6-201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Five-beds in W Residences (The Alef) sold for AED 41,000,000 to 41,000,000 in the last 12 months, around AED 5,591 per sqft.

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Mortgage on 6-201, W Residences (The Alef)

Starts from the last sale price (AED 22.62M, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 22,615,555
Deposit, UAE resident (20%)
AED 4,523,111
Deposit, non-resident (40%)
AED 9,046,222
Monthly over 25 years at 3.7%
AED 92,527

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