8-701, W Residences (The Alef)
Sold prices and rental history: sold twice, last in October 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 8-701, W Residences (The Alef)
What is 8-701 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 13,009 sqft
- Floor
- 7th of 7
- Parking
- G-213,G-214,G-215
- Developer
- ASI Real Estate Development
- Completed
- 2020
- Last sold
- AED 53.7M · October 2026
- Building
- W Residences (The Alef)
About 8-701, W Residences (The Alef)
8-701 is a four-bedroom apartment of 13,009 sqft on the 7th 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 15 October 2026 for AED 53,700,555, or AED 4,128 per sqft, 15% below the AED 4,846 four-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 3,000,000 a year: a gross yield of 5.6% on the 2026 price.
Sales and rents for 8-701 over time
8-701 has sold twice; 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 8-701 sits
All 32 4-beds →8-701 last sold in October 2026 at AED 4,128 per sqft, 15% below what four-beds in W Residences (The Alef) were fetching at the time (AED 4,846). 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. 8-701's AED 3,000,000 is in the upper half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 28 Dec 202328 December 2023 | 13,801 sqft | 24,842,070 | 1,799 |
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 7th floor
All 104 units in W Residences (The Alef)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-702 | 3-bed | 6,197 sqft | AED 23.44MAED 23,442,555 · Jul 2022July 2022 | ||
| 2-701 | 3-bed | 7,429 sqft | AED 18.57MAED 18,572,180 · Jun 2025June 2025 | ||
| 3-701 | 2-bed | 3,267 sqft | AED 5.23MAED 5,226,496 · Jun 2025June 2025 | ||
| 3-702 | 3-bed | 5,918 sqft | AED 20MAED 20,000,000 · Nov 2022November 2022 | 5,000,000 /yr | |
| 4-701 | 2-bed | 5,762 sqft | AED 20.94MAED 20,935,555 · Jul 2023July 2023 | ||
| 4-702 | 3-bed | 5,925 sqft | AED 23.45MAED 23,450,555 · Jul 2022July 2022 | ||
| 5-702 | 3-bed | 6,632 sqft | AED 10.61MAED 10,611,648 · Dec 2023December 2023 | ||
| 6-701 | 5-bed | 7,305 sqft | No registered sale | ||
| 6-702 | 3-bed | 5,218 sqft | AED 20.3MAED 20,302,555 · Jul 2022July 2022 | ||
| 7-701 | 2-bed | 4,996 sqft | AED 21.41MAED 21,410,555 · Nov 2022November 2022 | 2,000,000 /yr |
8-701, W Residences (The Alef) in numbers
- Sold twice: first on 23 October 2023 for AED 53,700,555, last on 15 October 2026 for AED 53,700,555 (AED 4,128 per sqft).
- Rented since June 2024 on 3 Ejari contracts, at AED 3,000,000 a year.
- At AED 3,000,000 a year the gross yield on the 2026 price is 5.6%.
- 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 October 2026.
Questions about 8-701, W Residences (The Alef)
What did unit 8-701 last sell for?
AED 53,700,555 on 15 October 2026: AED 4,128 per sqft for 13,009 sqft. The unit has 2 registered sales; the first was AED 53,700,555 in October 2023.
What is the rent for unit 8-701?
AED 3,000,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 3,000,000; the unit has been rented since June 2024.
How big is unit 8-701?
13,009 sqft (1208.6 sqm): a four-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.
What is unit 8-701 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 8-701, W Residences (The Alef)
Starts from the last sale price (AED 53.7M, 15 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 53,700,555
- Deposit, UAE resident (20%)
- AED 10,740,111
- Deposit, non-resident (40%)
- AED 21,480,222
- Monthly over 25 years at 3.7%
- AED 219,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →