7-201, W Residences (The Alef)
Sold prices and rental history: sold twice, last 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.
Property timeline for 7-201, W Residences (The Alef)
What is 7-201 worth today?
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Source: Dubai Land Department. Updated 4 July 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 6,259 sqft
- Floor
- 2nd of 7
- Parking
- G-252,G-253
- Developer
- ASI Real Estate Development
- Completed
- 2020
- Last sold
- AED 31M · July 2023
- Building
- W Residences (The Alef)
About 7-201, W Residences (The Alef)
7-201 is a three-bedroom apartment of 6,259 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 . It last sold on 4 July 2023 for AED 31,000,000, or AED 4,953 per sqft, 36% above the AED 3,642 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 7-201 over time
7-201 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 7-201 sits
All 54 3-beds →7-201 last sold in July 2023 at AED 4,953 per sqft, 36% above what three-beds in W Residences (The Alef) were fetching at the time (AED 3,642). 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 | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 2nd floor
All 104 units in W Residences (The Alef)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-201 | 3-bed | 6,825 sqft | AED 18.62MAED 18,618,555 · Dec 2022December 2022 | ||
| 1-202 | 3-bed | 6,155 sqft | AED 20.84MAED 20,841,555 · Apr 2022April 2022 | ||
| 2-201 | 3-bed | 7,729 sqft | AED 22.52MAED 22,515,555 · Jul 2022July 2022 | ||
| 2-202 | 3-bed | 6,206 sqft | AED 18.82MAED 18,820,555 · Jun 2021June 2021 | ||
| 3-201 | 4-bed | 7,617 sqft | AED 18.84MAED 18,840,000 · Oct 2020October 2020 | ||
| 3-202 | 3-bed | 6,992 sqft | AED 20.01MAED 20,007,555 · Jan 2023January 2023 | ||
| 4-201 | 5-bed | 7,589 sqft | AED 21.5MAED 21,500,555 · Apr 2022April 2022 | 650,000 /yr | |
| 4-202 | 3-bed | 6,156 sqft | AED 15.79MAED 15,785,000 · Oct 2020October 2020 | ||
| 5-202 | 3-bed | 6,510 sqft | AED 17MAED 17,000,000 · Jul 2019July 2019 | ||
| 6-201 | 5-bed | 7,435 sqft | AED 22.62MAED 22,615,555 · Apr 2022April 2022 | ||
| 6-202 | 4-bed | 8,056 sqft | AED 25MAED 25,000,555 · May 2022May 2022 | ||
| 7-202 | 4-bed | 8,768 sqft | AED 25.45MAED 25,450,000 · Feb 2019February 2019 | ||
| 8-201 | 4-bed | 7,888 sqft | AED 40MAED 40,000,000 · Mar 2026March 2026 | 1,900,000 /yr | |
| 8-202 | 4-bed | 8,548 sqft | AED 24.56MAED 24,559,555 · May 2021May 2021 |
7-201, W Residences (The Alef) in numbers
- Sold twice: first on 5 May 2021 for AED 18,957,555, last on 4 July 2023 for AED 31,000,000 (AED 4,953 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 4 July 2023.
Questions about 7-201, W Residences (The Alef)
What did unit 7-201 last sell for?
AED 31,000,000 on 4 July 2023: AED 4,953 per sqft for 6,259 sqft. The unit has 2 registered sales; the first was AED 18,957,555 in May 2021.
How big is unit 7-201?
6,259 sqft (581.5 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.
What is unit 7-201 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 7-201, W Residences (The Alef)
Starts from the last sale price (AED 31M, 4 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 31,000,000
- Deposit, UAE resident (20%)
- AED 6,200,000
- Deposit, non-resident (40%)
- AED 12,400,000
- Monthly over 25 years at 3.7%
- AED 126,831
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →