The Residences 3 (W1)

P1 — Delivered Ready Primary
Developer Emaar Properties PJSC
Community Downtown Dubai
Property type Apartment
Data updated Jan 29, 2026

The Residences 3 (W1) is a Delivered development by Emaar Properties PJSC in Downtown Dubai. 112 units across 1 Bedroom (57%), 2 Bedroom (38%), Studio (3%). Over the trailing 12 months, 234 sales at a median of AED 2,350,000.

Key Metrics
Median Price
Value
AED 2,350,000
Change
46.6% YoY
Transactions
Value
234
Change
7 in period
Price / sqft
Value
AED 2,383
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 2,350,000
↓ 46.6% YoY
Transactions
234
↑ 7 in period
Price / sqft
AED 2,383
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
12.8%
Holding Period
Value
5.9 yrs
Liquidity
Value
6.2%
Ready Market Mix
Value
0.0%
Rental Activity
Value
44.6%
Capital Return
12.8%
Holding Period
5.9 yrs
Liquidity
6.2%
Ready Market Mix
0.0%
Rental Activity
44.6%

Rental Performance

Rental Volume
Value
735
Avg Annual Rent
Value
AED 131,765
New Leases
Value
56.2%
Renewals
Value
43.8%
Rental Volume
735
Avg Annual Rent
AED 131,765
New Leases
56.2%
Renewals
43.8%

Unit Mix

By bedroom type
Studio 3 units · 3%
1 Bedroom 64 units · 57%
2 Bedroom 43 units · 38%
5 Bedroom 2 units · 2%

Transaction Breakdown

All time — 234 transactions
Ready Primary
117
Ready Secondary
117

Price History

Median Price — The Residences 3 (W1)

Median prices in The Residences 3 (W1) have risen sharply, up 22% from AED 2.2M to AED 2.7M over the past 6 months.

Recent Transactions

Showing last 10 of 234
Date Type Price (AED) Size (sqft) AED/sqft
Jan 29, 2026 RP Secondary 3,000,000 985 3,042
Jan 06, 2026 RP Secondary 2,350,000 985 2,383
Nov 11, 2025 RP Secondary 2,500,000 1,023 2,443
Oct 30, 2025 RP Secondary 2,340,000 985 2,373
Jul 14, 2025 RP Secondary 17,100,000 5,918 2,889
Jun 02, 2025 RP Secondary 2,025,000 936 2,162
May 09, 2025 RP Secondary 2,200,000 985 2,231
Mar 04, 2025 RP Secondary 4,400,000 1,435 3,066
Jan 26, 2025 RP Secondary 2,350,000 1,023 2,297
Jan 08, 2025 RP Secondary 5,850,000 1,478 3,958

This project is in Downtown Dubai

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Downtown Dubai analysis →

Similar Projects

By location, price, and property type
Boulevard Central 2
Downtown Dubai
Median AED 1,465,448
Txns 620
Bellevue Tower 2
Downtown Dubai
Median AED 1,450,000
Txns 217
Burj Lofts East
Downtown Dubai
Median AED 1,500,000
Txns 395
Dunya Tower
Downtown Dubai
Median AED 1,400,000
Txns 192
Burj Views C
Downtown Dubai
Median AED 1,395,944
Txns 402