2505, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2505, The Residences 7 (T3)
What is 2505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 697 sqft
- Floor
- 25th of 40
- Parking
- 121
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.01M · November 2008
- Building
- The Residences 7 (T3)
About 2505, The Residences 7 (T3)
2505 is a one-bedroom apartment of 697 sqft on the 25th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 24 November 2008 for AED 1,014,800, or AED 970 per sqft, 11% below the AED 1,096 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 11 May 2024, is AED 110,000 a year: a gross yield of 10.8% on the 2008 price, before the service charge of about AED 16,000 a year.
Sales and rents for 2505 over time
2505 has sold once; the dashed line is the one-bed median of each year in the building.
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 2505 sits
All 80 1-beds →2505 last sold in November 2008 at AED 970 per sqft, 11% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,096). 2505's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jul 202525 July 2025 | 915 sqft | 2,180,000 | 2,382 | ||
| 29 May 202529 May 2025 | 1,046 sqft | 2,250,000 | 2,150 | ||
| 15 Jan 202515 January 2025 | 915 sqft | 2,030,000 | 2,218 | ||
| 13 Jan 202513 January 2025 | 1,046 sqft | 1,800,000 | 1,720 |
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 25th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,452 sqft | AED 1.95MAED 1,952,800 · Mar 2010March 2010 | 159,860 /yr | |
| 2502 | 3-bed | 2,082 sqft | AED 3.1MAED 3,096,800 · Sep 2008September 2008 | ||
| 2503 | 2-bed | 1,650 sqft | AED 2.32MAED 2,322,800 · Feb 2011February 2011 | 210,000 /yr | |
| 2504 | 1-bed | 915 sqft | AED 1.96MAED 1,960,000 · Mar 2024March 2024 | 72,600 /yr |
2505, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 24 November 2008 for AED 1,014,800, or AED 970 per sqft.
- Rented since August 2012 on 10 Ejari contracts, from AED 80,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2008 price is 10.8%, before a service charge of about AED 16,000 a year (AED 23.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 11 May 2024.
Questions about 2505, The Residences 7 (T3)
What did unit 2505 last sell for?
AED 1,014,800 on 24 November 2008, sold by the developer: AED 970 per sqft for 697 sqft. It is the only registered sale of the unit.
What is the rent for unit 2505?
AED 110,000 a year on the contract renewed on 11 May 2024. The previous contract, from May 2023, was AED 110,000; the unit has been rented since August 2012.
How big is unit 2505?
697 sqft (64.8 sqm): a one-bedroom apartment on the 25th floor of a 40-storey tower completed in 2007.
What is unit 2505 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 2505, The Residences 7 (T3)
Starts from the last sale price (AED 1.01M, 24 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,014,800
- Deposit, UAE resident (20%)
- AED 202,960
- Deposit, non-resident (40%)
- AED 405,920
- Monthly over 25 years at 3.7%
- AED 4,152
Plus AED 47,632 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →