1003, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in April 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, The Residences 7 (T3)
What is 1003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,650 sqft
- Floor
- 10th of 40
- Parking
- 571
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 38,000 /yr
- Last sold
- AED 2.8M · April 2009
- Building
- The Residences 7 (T3)
About 1003, The Residences 7 (T3)
1003 is a two-bedroom apartment of 1,650 sqft on the 10th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 23 April 2009 for AED 2,800,000, or AED 1,696 per sqft, in line with the AED 1,667 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 November 2025, is AED 200,000 a year: a gross yield of 7.1% on the 2009 price, before the service charge of about AED 38,000 a year.
Sales and rents for 1003 over time
1003 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences 7 (T3), and where 1003 sits
All 70 2-beds →1003 last sold in April 2009 at AED 1,696 per sqft, in line with what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,667). Over the last 12 months two-beds sold for AED 2,562,500 to 5,125,000, around AED 3,106 per sqft, and rent for AED 70,000 to 290,000 a year. 1003's AED 200,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 825 sqft | 2,562,500 | 3,106 | ||
| 24 Dec 202524 December 2025 | 825 sqft | 2,562,500 | 3,105 | ||
| 10 Dec 202510 December 2025 | 1,650 sqft | 5,125,000 | 3,106 | ||
| 31 Jul 202531 July 2025 | 1,452 sqft | 4,050,000 | 2,789 |
The Residences 7 (T3)
Building189 apartments, 1-bed to 4-bed over 40 floors in Downtown Dubai, completed in 2007 by Emaar. 3 sold in the last 12 months.
- Typical price per sqft
- AED 3,106
- Typical sale
- AED 2.56M
- Typical rent
- AED 125K /yr
- Typical yield
- 4.2%
Other units on the 10th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,452 sqft | AED 2.15MAED 2,152,888 · Jul 2017July 2017 | 190,000 /yr | |
| 1002 | 3-bed | 2,082 sqft | AED 5.6MAED 5,600,000 · Oct 2022October 2022 | 250,000 /yr | |
| 1004 | 1-bed | 915 sqft | AED 1.75MAED 1,750,000 · Jun 2023June 2023 | 125,000 /yr | |
| 1005 | 1-bed | 1,046 sqft | AED 2.71MAED 2,710,000 · Oct 2008October 2008 | 125,000 /yr |
1003, The Residences 7 (T3) in numbers
- Sold twice: first on 23 April 2009 for AED 2,174,800, last on 23 April 2009 for AED 2,800,000 (AED 1,696 per sqft).
- Rented since May 2019 on 6 Ejari contracts, from AED 145,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2009 price is 7.1%, before a service charge of about AED 38,000 a year (AED 23.00 per sqft).
- Two-beds in The Residences 7 (T3) sold for AED 2,562,500–5,125,000 in the 12 months to November 2026; the building's median across all types is AED 3,106 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.
Questions about 1003, The Residences 7 (T3)
What did unit 1003 last sell for?
AED 2,800,000 on 23 April 2009, sold by the developer: AED 1,696 per sqft for 1,650 sqft. The unit has 2 registered sales; the first was AED 2,174,800 in April 2009.
What is the rent for unit 1003?
AED 200,000 a year on the contract signed on 1 November 2025. The previous contract, from December 2023, was AED 200,000; the unit has been rented since May 2019.
How big is unit 1003?
1,650 sqft (153.3 sqm): a two-bedroom apartment on the 10th floor of a 40-storey tower completed in 2007.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 7 (T3) sold for AED 2,562,500 to 5,125,000 in the last 12 months, around AED 3,106 per sqft.
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Mortgage on 1003, The Residences 7 (T3)
Starts from the last sale price (AED 2.8M, 23 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →