4-bed · 7,856 sqftW Residences (The Alef), Palm Jumeirah · 4th floor · completed 2020

7-402, W Residences (The Alef)

Sold prices and rental history: sold once, by the developer in March 2019, 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 7-402 · DLD and Ejari recordsUpdated 10 March 2019

Last soldAED 22M10 March 2019

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Today's valuefree after one verification

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Property timeline for 7-402, W Residences (The Alef)

Today

What is 7-402 worth today?

Last sold for AED 22,000,000 in 2019

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10 Mar 2019

10 Mar 2019Sold by developerOff-plan

AED 22,000,000AED 2,800 per sqft

Source: Dubai Land Department. Updated 10 March 2019.

Key facts

Type: 4-bed apartment
Size: 7,856 sqft
Floor: 4th of 7
Parking: G-238,G-239
Developer: ASI Real Estate Development
Completed: 2020
Last sold: AED 22M · March 2019
Building: W Residences (The Alef)

About 7-402, W Residences (The Alef)

7-402 is a four-bedroom apartment of 7,856 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 . The developer sold it on 10 March 2019 for AED 22,000,000, or AED 2,800 per sqft, in line with the AED 2,837 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 7-402 over time

Sales

Unit 7-402, each saleTypical four-bed in W Residences (The Alef)

7-402 has sold once; the dashed line is the four-bed median of each year in the building.

Rents

Unit 7-402, each contractTypical four-bed in W Residences (The Alef)

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

4-beds in W Residences (The Alef), and where 7-402 sits

All 32 4-beds →

4-beds in W Residences (The Alef) · last 12 months4,846 /sqft W Residences (The Alef) · all types4,487 /sqft

7-402 last sold in March 2019 at AED 2,800 per sqft, in line with what four-beds in W Residences (The Alef) were fetching at the time (AED 2,837). Over the last 12 months four-beds sold for AED 33,000,000 to 53,700,555, around AED 4,846 per sqft, and rent for AED 1,600,000 to 3,206,500 a year.

Recent 4-bed sales	Size	Price (AED)	Per sqft
15 Oct 202615 October 2026	13,009 sqft	53,700,555	4,128
5 Mar 20265 March 2026	7,888 sqft	40,000,000	5,070
19 Feb 202619 February 2026	6,809 sqft	33,000,000	4,846
14 Mar 202414 March 2024	7,888 sqft	40,000,000	5,070

3 4-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 4th floor

All 104 units in W Residences (The Alef)


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
7-401	3-bed	6,272 sqft	AED 21.5MAED 21,500,000 · Mar 2022March 2022	2,200,000 /yr
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

1–7 of 15

7-402, W Residences (The Alef) in numbers

Sold once: by ASI Real Estate Development on 10 March 2019 for AED 22,000,000, or AED 2,800 per sqft.
Four-beds in W Residences (The Alef) sold for AED 33,000,000–53,700,555 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 10 March 2019.

Questions about 7-402, W Residences (The Alef)

What did unit 7-402 last sell for?

AED 22,000,000 on 10 March 2019, sold by the developer: AED 2,800 per sqft for 7,856 sqft. It is the only registered sale of the unit.

How big is unit 7-402?

7,856 sqft (729.8 sqm): a four-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 7-402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in W Residences (The Alef) sold for AED 33,000,000 to 53,700,555 in the last 12 months, around AED 4,846 per sqft.

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Mortgage on 7-402, W Residences (The Alef)

Starts from the last sale price (AED 22M, 10 March 2019). Switch to today's estimate once you have unlocked it.

Price: AED 22,000,000
Deposit, UAE resident (20%): AED 4,400,000
Deposit, non-resident (40%): AED 8,800,000
Monthly over 25 years at 3.7%: AED 90,009

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