2705, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2705, The Residences 7 (T3)
What is 2705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 27th of 40
- Parking
- 144
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 1.89M · October 2013
- Building
- The Residences 7 (T3)
About 2705, The Residences 7 (T3)
2705 is a one-bedroom apartment of 1,046 sqft on the 27th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 6 October 2013 for AED 1,890,000, or AED 1,806 per sqft, 14% above the AED 1,590 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 5 February 2025, is AED 138,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 24,100 a year.
Sales and rents for 2705 over time
2705 has sold twice; 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 2705 sits
All 80 1-beds →2705 last sold in October 2013 at AED 1,806 per sqft, 14% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,590). 2705's AED 138,000 is at the top 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 27th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,452 sqft | AED 2.6MAED 2,600,000 · Mar 2012March 2012 | 240,000 /yr | |
| 2702 | 3-bed | 2,082 sqft | AED 4.8MAED 4,800,000 · Apr 2012April 2012 | 180,000 /yr | |
| 2703 | 2-bed | 1,650 sqft | AED 2.94MAED 2,936,888 · Dec 2010December 2010 | 209,437 /yr | |
| 2704 | 1-bed | 915 sqft | AED 1.55MAED 1,550,000 · Feb 2023February 2023 | 70,000 /yr |
2705, The Residences 7 (T3) in numbers
- Sold twice: first on 11 September 2013 for AED 1,020,800, last on 6 October 2013 for AED 1,890,000 (AED 1,806 per sqft).
- Rented since August 2015 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 70,000 in 2020 and recovered to AED 138,000 by February 2025.
- At AED 138,000 a year the gross yield on the 2013 price is 7.3%, 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 5 February 2025.
Questions about 2705, The Residences 7 (T3)
What did unit 2705 last sell for?
AED 1,890,000 on 6 October 2013: AED 1,806 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 1,020,800 in September 2013.
What is the rent for unit 2705?
AED 138,000 a year on the contract renewed on 5 February 2025. The previous contract, from February 2024, was AED 135,000; the unit has been rented since August 2015.
How big is unit 2705?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 27th floor of a 40-storey tower completed in 2007.
What is unit 2705 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 2705, The Residences 7 (T3)
Starts from the last sale price (AED 1.89M, 6 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,890,000
- Deposit, UAE resident (20%)
- AED 378,000
- Deposit, non-resident (40%)
- AED 756,000
- Monthly over 25 years at 3.7%
- AED 7,733
Plus AED 84,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →