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1-bed · 1,046 sqftThe Residences 7 (T3), Downtown Dubai · 30th floor · completed 2007

3005, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3005 · DLD and Ejari recordsUpdated 26 May 2025
Last soldAED 1.68M23 August 2022
Current rentAED 105K /yr26 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3005, The Residences 7 (T3)

What is 3005 worth today?

Last sold for AED 1,675,000 in 2022

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26 May 2025RentedRenewal
AED 105,000/yr12 months · AED 100 per sqft
26 May 2024RentedRenewal
AED 105,000/yr12 months · AED 100 per sqft
26 May 2023RentedNew contract
AED 105,000/yr12 months · AED 100 per sqft
23 Aug 2022SoldReady
AED 1,675,000AED 1,601 per sqft
14 Oct 2008Sold by developerReady
AED 1,029,800AED 984 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 May 2025.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
30th of 40
Parking
272
Developer
Emaar
Completed
2007
Service charge
AED 24,100 /yr
Last sold
AED 1.68M · August 2022
Building
The Residences 7 (T3)

About 3005, The Residences 7 (T3)

3005 is a one-bedroom apartment of 1,046 sqft on the 30th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 23 August 2022 for AED 1,675,000, or AED 1,601 per sqft, 5% above the AED 1,529 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 26 May 2025, is AED 105,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 24,100 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, 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, October 2008: AED 1,029,800 (AED 984 per sqft)Sold, August 2022: AED 1,675,000 (AED 1,601 per sqft)

3005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3005, 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, May 2023: AED 105,000 a yearRenewal, May 2024: AED 105,000 a yearRenewal, May 2025: AED 105,000 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 3005 sits

All 80 1-beds →

3005 last sold in August 2022 at AED 1,601 per sqft, 5% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,529). 3005's AED 105,000 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 30th floor

All 189 units in The Residences 7 (T3)
Value
30012-bedAED 3.91M · Oct 2008
30023-bedAED 6.7M · Jan 2025
30032-bedAED 3.2M · Mar 2022
3004AED 1.51M · Jun 2022

3005, The Residences 7 (T3) in numbers

  • Sold twice: first on 14 October 2008 for AED 1,029,800, last on 23 August 2022 for AED 1,675,000 (AED 1,601 per sqft).
  • Rented since May 2023 on 3 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 6.3%, 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 26 May 2025.

Questions about 3005, The Residences 7 (T3)

What did unit 3005 last sell for?

AED 1,675,000 on 23 August 2022: AED 1,601 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 1,029,800 in October 2008.

What is the rent for unit 3005?

AED 105,000 a year on the contract renewed on 26 May 2025. The previous contract, from May 2024, was AED 105,000; the unit has been rented since May 2023.

How big is unit 3005?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 30th floor of a 40-storey tower completed in 2007.

What is unit 3005 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 3005, The Residences 7 (T3)

Starts from the last sale price (AED 1.68M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

Plus AED 75,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →