2905, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in November 2008, 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 2905, The Residences 7 (T3)
What is 2905 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 29th of 40
- Parking
- 273
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 513K · November 2008
- Building
- The Residences 7 (T3)
About 2905, The Residences 7 (T3)
2905 is a one-bedroom apartment of 1,046 sqft on the 29th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 17 November 2008 for AED 513,400, or AED 490 per sqft, 53% below the AED 1,045 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 29 November 2024, is AED 124,654 a year: a gross yield of 24.3% on the 2008 price, before the service charge of about AED 24,100 a year.
Sales and rents for 2905 over time
2905 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 2905 sits
All 80 1-beds →2905 last sold in November 2008 at AED 490 per sqft, 53% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,045). 2905's AED 124,654 is in the upper 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 29th floor
All 189 units in The Residences 7 (T3)2905, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 17 November 2008 for AED 513,400, or AED 490 per sqft.
- Rented since July 2015 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 98,000 in 2021 and recovered to AED 124,654 by November 2024.
- At AED 124,654 a year the gross yield on the 2008 price is 24.3%, 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 29 November 2024.
Questions about 2905, The Residences 7 (T3)
What did unit 2905 last sell for?
AED 513,400 on 17 November 2008, sold by the developer: AED 490 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 2905?
AED 124,654 a year on the contract signed on 29 November 2024. The previous contract, from November 2023, was AED 119,000; the unit has been rented since July 2015.
How big is unit 2905?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 29th floor of a 40-storey tower completed in 2007.
What is unit 2905 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 2905, The Residences 7 (T3)
Starts from the last sale price (AED 513K, 17 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 513,400
- Deposit, UAE resident (20%)
- AED 102,680
- Deposit, non-resident (40%)
- AED 205,360
- Monthly over 25 years at 3.7%
- AED 2,100
Plus AED 26,573 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →