2303, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, The Residences 7 (T3)
What is 2303 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,650 sqft
- Floor
- 23rd of 40
- Parking
- 432
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 38,000 /yr
- Last sold
- AED 2.19M · November 2009
- Building
- The Residences 7 (T3)
About 2303, The Residences 7 (T3)
2303 is a two-bedroom apartment of 1,650 sqft on the 23rd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 1 November 2009 for AED 2,192,832, or AED 1,328 per sqft, 4% below the AED 1,386 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 120,000 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 38,000 a year.
Sales and rents for 2303 over time
2303 has sold once; 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 2303 sits
All 70 2-beds →2303 last sold in November 2009 at AED 1,328 per sqft, 4% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,386). 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. 2303's AED 120,000 is in the lower 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 23rd floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,452 sqft | AED 2.72MAED 2,716,888 · Sep 2009September 2009 | 150,150 /yr | |
| 2302 | 3-bed | 2,082 sqft | AED 2.86MAED 2,856,472 · Nov 2009November 2009 | 201,250 /yr | |
| 2304 | 1-bed | 915 sqft | AED 1.48MAED 1,475,000 · Mar 2022March 2022 | 125,000 /yr | |
| 2305 | 1-bed | 523 sqft | AED 1.01MAED 1,008,800 · Oct 2008October 2008 | 120,000 /yr |
2303, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 1 November 2009 for AED 2,192,832, or AED 1,328 per sqft.
- Rented since March 2018 on 7 Ejari contracts, from AED 190,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2009 price is 5.5%, 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 25 October 2024.
Questions about 2303, The Residences 7 (T3)
What did unit 2303 last sell for?
AED 2,192,832 on 1 November 2009, sold by the developer: AED 1,328 per sqft for 1,650 sqft. It is the only registered sale of the unit.
What is the rent for unit 2303?
AED 120,000 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 120,000; the unit has been rented since March 2018.
How big is unit 2303?
1,650 sqft (153.3 sqm): a two-bedroom apartment on the 23rd floor of a 40-storey tower completed in 2007.
What is unit 2303 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 2303, The Residences 7 (T3)
Starts from the last sale price (AED 2.19M, 1 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,192,832
- Deposit, UAE resident (20%)
- AED 438,566
- Deposit, non-resident (40%)
- AED 877,133
- Monthly over 25 years at 3.7%
- AED 8,972
Plus AED 97,109 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →