7-401, W Residences (The Alef)
Sold prices and rental history: sold twice, last in March 2022, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7-401, W Residences (The Alef)
What is 7-401 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 6,272 sqft
- Floor
- 4th of 7
- Parking
- G-269,G-270
- Developer
- ASI Real Estate Development
- Completed
- 2020
- Last sold
- AED 21.5M · March 2022
- Building
- W Residences (The Alef)
About 7-401, W Residences (The Alef)
7-401 is a three-bedroom apartment of 6,272 sqft on the 4th 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 23 March 2022 for AED 21,500,000, or AED 3,427 per sqft, 16% above the AED 2,955 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 February 2026. The current contract, signed on 1 February 2026, is AED 2,200,000 a year: a gross yield of 10.2% on the 2022 price.
Sales and rents for 7-401 over time
7-401 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 7-401 sits
All 54 3-beds →7-401 last sold in March 2022 at AED 3,427 per sqft, 16% above what three-beds in W Residences (The Alef) were fetching at the time (AED 2,955). 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. 7-401's AED 2,200,000 is at the top of that range.
| 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 4th floor
All 104 units in W Residences (The Alef)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-401 | 4-bed | 7,578 sqft | AED 18.68MAED 18,680,000 · Oct 2020October 2020 | ||
| 1-402 | 4-bed | 6,878 sqft | AED 20.33MAED 20,333,500 · Mar 2021March 2021 | ||
| 2-401 | 3-bed | 7,326 sqft | No registered sale | ||
| 2-402 | 3-bed | 6,416 sqft | AED 17.56MAED 17,555,000 · Oct 2020October 2020 | ||
| 3-401 | 4-bed | 7,105 sqft | AED 16.56MAED 16,558,555 · Mar 2021March 2021 | ||
| 3-402 | 3-bed | 6,228 sqft | AED 17.7MAED 17,703,555 · Mar 2021March 2021 | ||
| 4-401 | 5-bed | 7,630 sqft | AED 21.07MAED 21,067,250 · Sep 2018September 2018 | 2,800,000 /yr | |
| 4-402 | 3-bed | 6,342 sqft | AED 16.62MAED 16,616,555 · Mar 2021March 2021 | ||
| 5-401 | 3-bed | 7,342 sqft | AED 21MAED 21,000,000 · Aug 2017August 2017 | ||
| 5-402 | 3-bed | 5,917 sqft | AED 16.51MAED 16,510,000 · Sep 2018September 2018 | ||
| 6-401 | 5-bed | 7,599 sqft | AED 30MAED 30,000,000 · Mar 2023March 2023 | ||
| 6-402 | 4-bed | 8,484 sqft | AED 30.11MAED 30,106,555 · Jun 2022June 2022 | ||
| 7-402 | 4-bed | 7,856 sqft | AED 22MAED 22,000,000 · Mar 2019March 2019 | ||
| 8-401 | 4-bed | 8,215 sqft | AED 25.58MAED 25,575,555 · May 2021May 2021 | ||
| 8-402 | 4-bed | 8,672 sqft | AED 25.25MAED 25,247,000 · Nov 2017November 2017 | 3,206,500 /yr |
7-401, W Residences (The Alef) in numbers
- Sold twice: first on 13 January 2021 for AED 18,946,555, last on 23 March 2022 for AED 21,500,000 (AED 3,427 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 2,200,000 a year.
- At AED 2,200,000 a year the gross yield on the 2022 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 1 February 2026.
Questions about 7-401, W Residences (The Alef)
What did unit 7-401 last sell for?
AED 21,500,000 on 23 March 2022: AED 3,427 per sqft for 6,272 sqft. The unit has 2 registered sales; the first was AED 18,946,555 in January 2021.
What is the rent for unit 7-401?
AED 2,200,000 a year on the contract signed on 1 February 2026.
How big is unit 7-401?
6,272 sqft (582.7 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.
What is unit 7-401 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 7-401, W Residences (The Alef)
Starts from the last sale price (AED 21.5M, 23 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 21,500,000
- Deposit, UAE resident (20%)
- AED 4,300,000
- Deposit, non-resident (40%)
- AED 8,600,000
- Monthly over 25 years at 3.7%
- AED 87,963
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →