3, The Residences: a resale 1-bed sells for about AED 2.50m
Median of 9 resale 1-bed sales in the 12 months to 24 Oct 2026 (11 resale sales of all sizes). Last sale in the tower: 12 Oct 2026.
- The market says
- 11 resales of all sizes in 12 months at AED 2,444 per sq ft (-15% in a year); a higher price than 50% of Downtown Dubai towers; 1 home for sale now.
“The Residences 3 had 11 sales in 12 months at about AED 2,444 per sq ft, but too few owners have sold twice for me to quote a return. A 1-bed gives a gross yield of about 4.6% on the median signed Ejari rent for a 1-bed in Downtown Dubai (AED 115,000 a year), against the median sold price. Few homes are for sale against the pace of sales, so a home at the right price sells quickly. I would price it from the last sale of the same layout, and I would not pay more for a promise.”
James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.
- Signed rent, 1-bed
- AED 115,000 a year (community median, 2,444 signed Ejari leases, 12 months) · gross yield 4.6% (signed rent)
- Official record
- 234 registered sales since 2008: 234 apartment
- Size
- 34 floors
Other towers in The Residences
The Residences 3 is in The Residences, Downtown Dubai. Sold prices and sales for the other towers with a page:
- The Residences 1 prices and sales
- The Residences 2 prices and sales
- The Residences 4 prices and sales
- The Residences 5 prices and sales
- The Residences 6 prices and sales
- The Residences 7 prices and sales
- The Residences 8 prices and sales
- The Residences 9 prices and sales
- The Residences East Podium prices and sales
- The Residences West Podium prices and sales
From the developer: Emaar Properties
What Emaar Properties publishes about The Residences 3. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.
Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 14 Oct 2026. Ask Emaar Properties for the latest brochure and floor plans.
Street view of The Residences 3
The street outside, live from Google, about 83 m from the building. Drag to look around.
Imagery: Google Street View · Open in Google Maps
The Residences 3 on the map
Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.
The map loads when you reach it.
3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.
Resale and off-plan prices by bedroom
Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 24 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.
| Type | Resale: sold | Resale: per sq ft | Median asking | Rent a year |
|---|---|---|---|---|
| 1-bed | AED 2,500,000 (9) | 2,444 | – (0) | – (0) |
| 2-bed | under 5 (2) | – | – (1) | – (2) |
Rents in this table are asking rents (adverts). The yield in the headline is the signed Ejari rent divided by the median resale price, before service charge.
Sales we leave out of every median, count and chart (1 of 38 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (1). They stay in the list below with a label.
Resale price per sq ft fell 15% in a year
Median AED 2,444 per sq ft in the last 12 months (11 resale sales, all sizes) against AED 2,889 in the 12 months before (5 resale sales, all sizes).
Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.
Every sale since 2020: 38 sales of 32 units
Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.
| Unit | Type | Sq ft | Price | AED per sq ft | Date | Market | Against the sale before |
|---|---|---|---|---|---|---|---|
| 705 | 1-bed | 1,023 | AED 2,430,000 | 2,375 | 12 Oct 2026 | Resale | |
| 2101 | 2-bed | 1,435 | AED 4,500,000 | 3,136 | 10 Sep 2026 | Resale | |
| 2303 | 1-bed | 986 | AED 2,300,000 | 2,333 | 31 Aug 2026 | Resale | +12% from AED 2.05m in 2022 |
| 1505 | 1-bed | 1,023 | AED 2,600,000 | 2,542 | 13 Aug 2026 | Resale | |
| 1205 | 1-bed | 1,023 | AED 2,500,000 | 2,444 | 24 Jul 2026 | Resale | |
| 601 | 2-bed | 1,435 | AED 4,650,000 | 3,240 | 30 Jun 2026 | Resale | |
| 605 | 1-bed | 1,023 | AED 2,650,000 | 2,590 | 1 May 2026 | Resale | |
| 2003 | 1-bed | 986 | AED 3,000,000 | 3,043 | 29 Jan 2026 | Resale | +36% from AED 2.20m in 2025 |
| 2103 | 1-bed | 986 | AED 2,350,000 | 2,383 | 6 Jan 2026 | Resale | |
| 2305 | 1-bed | 1,023 | AED 2,500,000 | 2,444 | 11 Nov 2025 | Resale | +41% from AED 1.77m in 2022 |
| 1503 | 1-bed | 986 | AED 2,340,000 | 2,373 | 30 Oct 2025 | Resale | |
| 2401 | 5-bed | 5,918 | AED 17,100,000 | 2,889 | 14 Jul 2025 | Resale | |
| WP205 | Studio | 937 | AED 2,025,000 | 2,162 | 2 Jun 2025 | Resale | size does not fit the recorded type |
| 2003 | 1-bed | 986 | AED 2,200,000 | 2,231 | 9 May 2025 | Resale | |
| 1001 | 2-bed | 1,435 | AED 4,400,000 | 3,066 | 4 Mar 2025 | Resale | |
| 1405 | 1-bed | 1,023 | AED 2,350,000 | 2,297 | 26 Jan 2025 | Resale | |
| 1202 | 2-bed | 1,478 | AED 5,850,000 | 3,958 | 8 Jan 2025 | Resale | +36% from AED 4.30m in 2023 |
| 802 | 2-bed | 1,478 | AED 4,950,000 | 3,349 | 8 Oct 2024 | Resale | +15% from AED 4.30m in 2023 |
| 1502 | 2-bed | 1,478 | AED 5,000,000 | 3,383 | 6 May 2024 | Resale | |
| 802 | 2-bed | 1,478 | AED 4,300,000 | 2,909 | 11 Oct 2023 | Resale | |
| 1202 | 2-bed | 1,478 | AED 4,300,000 | 2,909 | 26 Jul 2023 | Resale | |
| 505 | 1-bed | 1,023 | AED 1,970,000 | 1,926 | 20 Jun 2023 | Resale | |
| 1401 | 2-bed | 1,435 | AED 3,100,000 | 2,160 | 20 Feb 2023 | Resale | |
| 1201 | 2-bed | 1,435 | AED 4,200,000 | 2,927 | 22 Nov 2022 | Resale | |
| 2205 | 1-bed | 1,023 | AED 2,075,000 | 2,028 | 16 Nov 2022 | Resale | |
| 2004 | 1-bed | 948 | AED 1,675,000 | 1,767 | 13 Sep 2022 | Resale | |
| 303 | 1-bed | 986 | AED 1,700,000 | 1,724 | 29 Aug 2022 | Resale | |
| 2303 | 1-bed | 986 | AED 2,050,000 | 2,079 | 23 Aug 2022 | Resale | |
| 1003 | 1-bed | 986 | AED 1,550,000 | 1,572 | 10 Aug 2022 | Resale | |
| 2305 | 1-bed | 1,023 | AED 1,775,000 | 1,735 | 13 Jun 2022 | Resale | |
| 1701 | 2-bed | 1,435 | AED 3,450,000 | 2,404 | 9 Mar 2022 | Resale | |
| 1104 | 1-bed | 948 | AED 1,400,000 | 1,477 | 17 Nov 2021 | Resale | |
| 2201 | 2-bed | 1,435 | AED 3,158,790 | 2,201 | 28 Oct 2021 | Resale | |
| 1501 | 2-bed | 1,435 | AED 3,500,000 | 2,439 | 27 Oct 2021 | Resale | +21% from AED 2.90m in 2021 |
| 1103 | 1-bed | 986 | AED 1,345,000 | 1,364 | 29 Sep 2021 | Resale | |
| 1501 | 2-bed | 1,435 | AED 2,900,000 | 2,021 | 24 May 2021 | Resale | |
| 2301 | 2-bed | 1,435 | AED 2,500,000 | 1,742 | 24 Dec 2020 | Resale | |
| 502 | 2-bed | 1,478 | AED 2,747,000 | 1,859 | 23 Mar 2020 | Resale |
Mortgage: what The Residences 3 costs a month
The numbers start from the median sold price in this tower. Change any of them. The rate starts at 3.99%, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026. Fixed rates in those lists run from 3.75% to 4.69%. Three-month EIBOR, the base for variable rates, was 4.19% on 9 Oct 2026.
Cash you need on day one
Buy against rent
Loan limits: Central Bank of the UAE mortgage rules (first home under AED 5 million: 80% for residents, 85% for UAE nationals; AED 5 million and above: 70% and 75%; second home or investment: 60% and 65%; off-plan: 50%; 25 years at most; all your debt payments at most 50% of your income). Banks set their own limit for buyers who do not live in the UAE. Assumptions, the same in every BUY DUBAI calculator: rate 3.99% a year, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026; repayment loan over 25 years; Land Department fee 4% of the price plus AED 580; trustee office AED 4,200 (AED 2,100 under AED 500,000); agent 2% plus 5% VAT; with a loan: mortgage registration 0.25% of the loan plus AED 290, bank fee 1% of the loan plus VAT (it differs by bank), valuation AED 3,150. Life cover, insurance and service charges are not included. This is an illustration, not an offer of a loan. Rates read on 9 Oct 2026.
Home loans registered on The Residences 3
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Loans | 1 | 4 | 2 | 4 | 2 | 3 | 2 |
| Median loan | – | AED 1.15m | – | AED 996,000 | – | AED 1.88m | – |
Dubai Land Department register to 12 Feb 2026: mortgage and Islamic home finance registrations on homes in this tower. A loan can be for a purchase or to replace an older loan. Median shown for 3 or more loans.
The official record: 234 registered sales since 2008
Dubai Land Department register for "Residences_W1", 9 Apr 2008 to 12 Feb 2026: 234 apartment sales, plus 97 mortgages and 22 gifts. This source has every year and every unit type, but no unit numbers.
| Year | Apartments: sales | AED per sq ft |
|---|---|---|
| 2026 | 2 | – |
| 2025 | 8 | 2,409 |
| 2024 | 4 | 2,261 |
| 2023 | 4 | 2,535 |
| 2022 | 8 | 1,898 |
| 2021 | 5 | 2,021 |
| 2020 | 2 | – |
| 2019 | 4 | 1,731 |
| 2018 | 7 | 1,663 |
| 2017 | 1 | – |
| 2016 | 6 | 2,111 |
| 2015 | 11 | 2,444 |
| 2014 | 22 | 2,405 |
| 2013 | 37 | 989 |
| 2012 | 13 | 1,019 |
| 2011 | 21 | 1,197 |
| 2010 | 33 | 950 |
| 2009 | 19 | 917 |
| 2008 | 27 | 935 |
Median AED per sq ft is shown for 3 or more sales in a year. 0 of these sales were off-plan and 234 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 33 sales and our unit list has 31.
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Which side faces what
The direction of each landmark from The Residences 3, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.
| Side | What lies that way |
|---|---|
| North | Burj Khalifa 0.5 km · DIFC 2.2 km |
| East | Dubai Design District 2.6 km · Dubai Creek and Ras Al Khor 6.2 km |
| South-east | The Residences 4, a tower 57 m away · The Residence | Burj Khalifa, a tower 89 m away · The Residences East Podium, a tower 100 m away · The Residences 5, a tower 117 m away · The Residences 6, a tower 148 m away · Meydan racecourse 4.9 km |
| South | The Residences 9, a tower 49 m away |
| South-west | 29 Burj Boulevard Podium, a tower 147 m away · Burj Al Arab and the sea 10.6 km · Dubai Marina skyline 18.4 km |
| West | The Residences West Podium, a tower 58 m away · The Residences 2, a tower 63 m away · Ramada Downtown Hotel, a tower 69 m away · Act Two, a tower 148 m away · Sheikh Zayed Road 1.0 km · Jumeirah beach and the sea 3.7 km |
| North-west | The Residences 1, a tower 90 m away |
The building: 6 of 23 questions answered
Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.
- Developer
- Emaar Properties (reported by live adverts and reviews)
- Completed
- 2007
- Floors
- 34
- Unit mix
- 1-bed units range from 915-1,046 sq ft and 3-bed units range from 2,082-3,504 sq ft
Amenities: swimming pools, gym, squash courts, badminton courts, children's play areas, concierge, business centre, library, 24-hour security, maintenance
Where sources disagree
- The number of floors is reported as 26 by Propsearch and 34 by Skyscraper Center.
Building
Floors, apartments and completion year
Amenities list
What do residents say on the plus side?
What do residents say about the pool?
Watch-outs
Developer
Who is the developer?
Parking
People
Around
Entertainment within a 15-minute walk
Management
Around The Residences 3
Price against the nearest towers
| Tower | Distance | AED per sq ft, 12 months (sales) |
|---|---|---|
| The Residences 3 (this tower) | – | 2,444 (11) |
| The Residences 4 | 57 m | – (3) |
| The Residences West Podium | 58 m | – (2) |
| The Residences 2 | 63 m | – (2) |
| The Residence | Burj Khalifa | 89 m | – (0) |
| The Residences 1 | 90 m | 2,688 (8) |
| The Residences East Podium | 100 m | – (2) |
| The Residences 5 | 117 m | 2,118 (6) |
| 29 Burj Boulevard Podium | 147 m | 2,113 (7) |
Drive times with no traffic
| To | Time | Distance |
|---|---|---|
| Dubai Mall | 5 min | 2.0 km |
| DIFC Gate | 6 min | 3.4 km |
| DXB Terminal 3 | 32 min | 20.9 km |
| Dubai Marina Mall | 23 min | 21.2 km |
| Mall of the Emirates | 17 min | 14.9 km |
| Kite Beach | 14 min | 10.9 km |
| DWC airport | 50 min | 46.9 km |
OSRM routing on OpenStreetMap roads. Real times in traffic are longer.
Own a unit here?
Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.
Method, sources and what we did not find
- Sales: unit-level Dubai Land Department sale records, 23 Mar 2020 to 24 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
- Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
- Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., Resident and public material found on the open web (one passage per block; source and date under each)., live adverts: community guide), read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
- Nobody visited the tower. Every fact is from a document, a map or a resident's review.
- Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.
Corrections
Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.
Change log: 27 Oct 2026 first build of this page. No correction yet.