8-402, W Residences (The Alef)
Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 8-402, W Residences (The Alef)
What is 8-402 worth today?
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Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 8,672 sqft
- Floor
- 4th of 7
- Parking
- G-199, G-200,G-207,G-208,G-209,G-210
- Developer
- ASI Real Estate Development
- Completed
- 2020
- Last sold
- AED 25.25M · November 2017
- Building
- W Residences (The Alef)
About 8-402, W Residences (The Alef)
8-402 is a four-bedroom apartment of 8,672 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 27 November 2017 for AED 25,247,000, or AED 2,911 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 3,206,500 a year: a gross yield of 12.7% on the 2017 price.
Sales and rents for 8-402 over time
8-402 has sold once; the dashed line is the four-bed median of each year in the building.
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 8-402 sits
All 32 4-beds →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. 8-402's AED 3,206,500 is at the top of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | ||
| 7-401 | 3-bed | 6,272 sqft | AED 21.5MAED 21,500,000 · Mar 2022March 2022 | 2,200,000 /yr | |
| 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, W Residences (The Alef) in numbers
- Sold once: by ASI Real Estate Development on 27 November 2017 for AED 25,247,000, or AED 2,911 per sqft.
- Rented since December 2022 on 4 Ejari contracts, from AED 2,400,000 to AED 3,206,500 a year.
- At AED 3,206,500 a year the gross yield on the 2017 price is 12.7%.
- 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 15 December 2025.
Questions about 8-402, W Residences (The Alef)
What did unit 8-402 last sell for?
AED 25,247,000 on 27 November 2017, sold by the developer: AED 2,911 per sqft for 8,672 sqft. It is the only registered sale of the unit.
What is the rent for unit 8-402?
AED 3,206,500 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 2,915,000; the unit has been rented since December 2022.
How big is unit 8-402?
8,672 sqft (805.7 sqm): a four-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.
What is unit 8-402 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 8-402, W Residences (The Alef)
Starts from the last sale price (AED 25.25M, 27 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 25,247,000
- Deposit, UAE resident (20%)
- AED 5,049,400
- Deposit, non-resident (40%)
- AED 10,098,800
- Monthly over 25 years at 3.7%
- AED 103,293
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →