1-bed · 915 sqftThe Residences 7 (T3), Downtown Dubai · 20th floor · completed 2007

2004, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 31 March 2025
Last soldAED 1.97M5 August 2015
Current rentAED 105K /yr31 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, The Residences 7 (T3)

What is 2004 worth today?

Last sold for AED 1,970,000 in 2015

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31 Mar 2025RentedRenewal
AED 104,500/yr12 months · AED 114 per sqft
31 Mar 2025RentedRenewal
AED 104,500/yr12 months · AED 114 per sqft
31 Mar 2024RentedRenewal
AED 95,000/yr12 months · AED 104 per sqft
31 Mar 2022RentedRenewal
AED 80,000/yr12 months · AED 87 per sqft
1 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft
27 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
14 Dec 2015RentedNew contract
AED 112,500/yr12 months · AED 123 per sqft
5 Aug 2015SoldReady
AED 1,970,000AED 2,152 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
20th of 40
Parking
110
Developer
Emaar
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.97M · August 2015

About 2004, The Residences 7 (T3)

2004 is a one-bedroom apartment of 915 sqft on the 20th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 5 August 2015 for AED 1,970,000, or AED 2,152 per sqft, in line with the AED 2,142 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 31 March 2025, is AED 104,500 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical one-bed in The Residences 7 (T3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,026,800; 2009 AED 1,099,400; 2010 AED 1,058,800; 2011 AED 997,800; 2012 AED 1,442,444; 2013 AED 1,650,000; 2014 AED 1,950,000; 2015 AED 1,950,000; 2017 AED 1,735,000; 2019 AED 1,300,000; 2021 AED 1,262,500; 2022 AED 1,525,000; 2023 AED 1,750,000; 2024 AED 1,900,000; 2025 AED 2,180,000Sold by developer, August 2010: AED 1,663,888 (AED 1,818 per sqft)Sold, August 2015: AED 1,970,000 (AED 2,152 per sqft)

2004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2004, each contractTypical one-bed in The Residences 7 (T3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 81,500; 2013 AED 100,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 109,000; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 90,000; 2023 AED 99,875; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 125,000New contract, December 2015: AED 112,500 a yearNew contract, August 2018: AED 90,000 a yearNew contract, April 2019: AED 85,000 a yearRenewal, March 2022: AED 80,000 a yearRenewal, March 2024: AED 95,000 a yearRenewal, March 2025: AED 104,500 a yearRenewal, March 2025: AED 104,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Residences 7 (T3), and where 2004 sits

All 80 1-beds →

2004 last sold in August 2015 at AED 2,152 per sqft, in line with what one-beds in The Residences 7 (T3) were fetching at the time (AED 2,142). 2004's AED 104,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jul 20252,180,000
29 May 20252,250,000
15 Jan 20252,030,000
13 Jan 20251,800,000
0 1-bed sales in the last 12 months

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 20th floor

All 189 units in The Residences 7 (T3)
Value
20012-bedAED 3.44M · Aug 2010
20023-bedAED 6.75M · Feb 2025
20032-bedAED 3.82M · Mar 2024
20051-bedAED 1.06M · Feb 2011

2004, The Residences 7 (T3) in numbers

  • Sold twice: first on 29 August 2010 for AED 1,663,888, last on 5 August 2015 for AED 1,970,000 (AED 2,152 per sqft).
  • Rented since December 2015 on 7 Ejari contracts. The rent fell from AED 112,500 to AED 80,000 in 2022 and recovered to AED 104,500 by March 2025.
  • At AED 104,500 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 21,000 a year (AED 23.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 31 March 2025.

Questions about 2004, The Residences 7 (T3)

What did unit 2004 last sell for?

AED 1,970,000 on 5 August 2015: AED 2,152 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 1,663,888 in August 2010.

What is the rent for unit 2004?

AED 104,500 a year on the contract renewed on 31 March 2025. The previous contract, from March 2025, was AED 104,500; the unit has been rented since December 2015.

How big is unit 2004?

915 sqft (85.0 sqm): a one-bedroom apartment on the 20th floor of a 40-storey tower completed in 2007.

What is unit 2004 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 2004, The Residences 7 (T3)

Starts from the last sale price (AED 1.97M, 5 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,000
Deposit, UAE resident (20%)
AED 394,000
Deposit, non-resident (40%)
AED 788,000
Monthly over 25 years at 3.7%
AED 8,060

Plus AED 87,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →