3-bed · 7,749 sqftW Residences (The Alef), Palm Jumeirah · 5th floor · completed 2020

7-502, W Residences (The Alef)

Sold prices and rental history: sold once, by the developer in February 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 7-502 · DLD and Ejari recordsUpdated 6 February 2019

Last soldAED 23M6 February 2019

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Today's valuefree after one verification

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Property timeline for 7-502, W Residences (The Alef)

Today

What is 7-502 worth today?

Last sold for AED 23,000,000 in 2019

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6 Feb 2019

6 Feb 2019Sold by developerOff-plan

AED 23,000,000AED 2,968 per sqft

Source: Dubai Land Department. Updated 6 February 2019.

Key facts

Type: 3-bed apartment
Size: 7,749 sqft
Floor: 5th of 7
Parking: G-240,G-241,G-242
Developer: ASI Real Estate Development
Completed: 2020
Last sold: AED 23M · February 2019
Building: W Residences (The Alef)

About 7-502, W Residences (The Alef)

7-502 is a three-bedroom apartment of 7,749 sqft on the 5th 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 6 February 2019 for AED 23,000,000, or AED 2,968 per sqft, 8% above the AED 2,739 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 7-502 over time

Sales

Unit 7-502, each saleTypical three-bed in W Residences (The Alef)

7-502 has sold once; the dashed line is the three-bed median of each year in the building.

Rents

Unit 7-502, 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 7-502 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

7-502 last sold in February 2019 at AED 2,968 per sqft, 8% above what three-beds in W Residences (The Alef) were fetching at the time (AED 2,739). 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 5th floor

All 104 units in W Residences (The Alef)


1-501	4-bed	7,375 sqft	AED 23MAED 23,000,000 · Jan 2023January 2023
1-502	4-bed	6,809 sqft	AED 33MAED 33,000,000 · Feb 2026February 2026
2-501	3-bed	6,599 sqft	AED 19.5MAED 19,500,000 · Mar 2022March 2022	2,700,000 /yr
2-502	3-bed	5,706 sqft	AED 14.33MAED 14,325,000 · Jul 2017July 2017
3-501	5-bed	7,545 sqft	AED 19.87MAED 19,873,555 · Jun 2021June 2021
3-502	3-bed	6,521 sqft	AED 32MAED 32,000,000 · Jan 2024January 2024	1,765,000 /yr
4-501	3-bed	5,118 sqft	AED 17.06MAED 17,064,555 · Jun 2021June 2021
4-502	4-bed	7,639 sqft	AED 19.02MAED 19,020,450 · Apr 2022April 2022
5-501	3-bed	7,338 sqft	AED 36.5MAED 36,500,000 · Dec 2024December 2024
5-502	3-bed	5,912 sqft	AED 17.3MAED 17,300,000 · Sep 2018September 2018
6-501	5-bed	7,333 sqft	AED 41MAED 41,000,000 · Dec 2025December 2025
6-502	4-bed	8,493 sqft	AED 28.57MAED 28,565,555 · Apr 2022April 2022
7-501	3-bed	6,273 sqft	AED 19.7MAED 19,703,555 · Jan 2021January 2021
8-501	3-bed	6,978 sqft	AED 23.22MAED 23,221,555 · Mar 2021March 2021
8-502	3-bed	9,541 sqft	AED 24.07MAED 24,074,993 · Jul 2017July 2017

1–7 of 15

7-502, W Residences (The Alef) in numbers

Sold once: by ASI Real Estate Development on 6 February 2019 for AED 23,000,000, or AED 2,968 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 6 February 2019.

Questions about 7-502, W Residences (The Alef)

What did unit 7-502 last sell for?

AED 23,000,000 on 6 February 2019, sold by the developer: AED 2,968 per sqft for 7,749 sqft. It is the only registered sale of the unit.

How big is unit 7-502?

7,749 sqft (719.9 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 7-502 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 7-502, W Residences (The Alef)

Starts from the last sale price (AED 23M, 6 February 2019). Switch to today's estimate once you have unlocked it.

Price: AED 23,000,000
Deposit, UAE resident (20%): AED 4,600,000
Deposit, non-resident (40%): AED 9,200,000
Monthly over 25 years at 3.7%: AED 94,100

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