The Residences 1 (W3)

P1 — Delivered Ready Secondary
Developer Emaar Properties PJSC
Community Downtown Dubai
Property type Apartment
Data updated Feb 10, 2026

The Residences 1 (W3) is a Delivered development by Emaar Properties PJSC in Downtown Dubai. 185 units across 1 Bedroom (40%), 2 Bedroom (37%), 3 Bedroom (22%). Over the trailing 12 months, 389 sales at a median of AED 3,765,037.

Key Metrics
Median Price
Value
AED 3,765,037
Change
31.9% YoY
Transactions
Value
389
Change
15 in period
Price / sqft
Value
AED 2,677
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 3,765,037
↑ 31.9% YoY
Transactions
389
↑ 15 in period
Price / sqft
AED 2,677
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
29.4%
Holding Period
Value
5.7 yrs
Liquidity
Value
8.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
40.0%
Capital Return
29.4%
Holding Period
5.7 yrs
Liquidity
8.1%
Ready Market Mix
0.0%
Rental Activity
40.0%

Rental Performance

Rental Volume
Value
1,164
Avg Annual Rent
Value
AED 156,186
New Leases
Value
60.2%
Renewals
Value
39.8%
Rental Volume
1,164
Avg Annual Rent
AED 156,186
New Leases
60.2%
Renewals
39.8%

Unit Mix

By bedroom type
1 Bedroom 75 units · 40%
2 Bedroom 69 units · 37%
3 Bedroom 40 units · 22%
5 Bedroom 1 units · 0%

Transaction Breakdown

All time — 389 transactions
Ready Primary
193
Ready Secondary
196

Price History

Median Price — The Residences 1 (W3)

Median prices in The Residences 1 (W3) have trended upward, rising 5% to AED 3.9M over the past 8 months.

Recent Transactions

Showing last 10 of 389
Date Type Price (AED) Size (sqft) AED/sqft
Feb 10, 2026 RP Secondary 2,850,000 1,046 2,724
Feb 09, 2026 RP Secondary 5,200,000 1,629 3,192
Feb 04, 2026 RP Secondary 3,850,000 1,452 2,651
Jan 30, 2026 RP Secondary 3,800,000 1,452 2,616
Jan 28, 2026 RP Secondary 7,100,000 2,081 3,410
Jan 14, 2026 RP Secondary 20,000,000 3,289 6,080
Jan 12, 2026 RP Secondary 2,300,000 915 2,513
Nov 07, 2025 RP Secondary 2,300,000 1,046 2,198
Sep 15, 2025 RP Secondary 20,750,000 7,059 2,939
Sep 15, 2025 RP Secondary 7,300,000 2,081 3,506

This project is in Downtown Dubai

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