1,046 sqftThe Residences 7 (T3), Downtown Dubai · 15th floor · completed 2007

1505, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in August 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 2.31M20 August 2025
Current rentAED 137K /yr2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, The Residences 7 (T3)

What is 1505 worth today?

Last sold for AED 2,305,000 in 2025

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20 Aug 2025SoldReady
AED 2,305,000AED 2,203 per sqft
2 Apr 2024RentedNew contract
AED 136,500/yr12 months · AED 131 per sqft
2 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 125 per sqft
6 May 2010Sold by developerReady
AED 984,800AED 941 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.

Key facts

Type
Apartment
Size
1,046 sqft
Floor
15th of 40
Parking
287
Developer
Emaar
Completed
2007
Service charge
AED 24,100 /yr
Last sold
AED 2.31M · August 2025

About 1505, The Residences 7 (T3)

1505 is an apartment of 1,046 sqft on the 15th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 20 August 2025 for AED 2,305,000, or AED 2,203 per sqft.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 2 April 2024, is AED 136,500 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 24,100 a year.

The Residences 7 (T3)

Building

189 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%
The Residences 7 (T3), Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 189 units in The Residences 7 (T3)
Value
15012-bedAED 4.05M · Jul 2025
15023-bedAED 2.78M · Mar 2010
15032-bedAED 4.01M · Sep 2024
15041-bedAED 2.28M · Jan 2025

1505, The Residences 7 (T3) in numbers

  • Sold twice: first on 6 May 2010 for AED 984,800, last on 20 August 2025 for AED 2,305,000 (AED 2,203 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 130,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2025 price is 5.9%, before a service charge of about AED 24,100 a year (AED 23.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 August 2025.

Questions about 1505, The Residences 7 (T3)

What did unit 1505 last sell for?

AED 2,305,000 on 20 August 2025: AED 2,203 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 984,800 in May 2010.

What is the rent for unit 1505?

AED 136,500 a year on the contract signed on 2 April 2024. The previous contract, from April 2023, was AED 130,000.

How big is unit 1505?

1,046 sqft (97.2 sqm): an apartment on the 15th floor of a 40-storey tower completed in 2007.

What is unit 1505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1505, The Residences 7 (T3)

Starts from the last sale price (AED 2.31M, 20 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,305,000
Deposit, UAE resident (20%)
AED 461,000
Deposit, non-resident (40%)
AED 922,000
Monthly over 25 years at 3.7%
AED 9,430

Plus AED 101,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →