2-bed · 1,650 sqftThe Residences 7 (T3), Downtown Dubai · 31st floor · completed 2007

3103, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3103 · DLD and Ejari recordsUpdated 4 January 2025
Last soldAED 2.95M14 September 2021
Current rentAED 220K /yr4 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3103, The Residences 7 (T3)

What is 3103 worth today?

Last sold for AED 2,950,000 in 2021

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4 Jan 2025RentedRenewal
AED 220,000/yr12 months · AED 134 per sqft
4 Jan 2024RentedRenewal
AED 210,000/yr12 months · AED 128 per sqft
4 Jan 2023RentedNew contract
AED 200,000/yr12 months · AED 121 per sqft
5 Jan 2022RentedNew contract
AED 152,000/yr12 months · AED 92 per sqft
14 Sep 2021SoldReady
AED 2,950,000AED 1,787 per sqft
1 Jan 2021RentedRenewal
AED 132,000/yr12 months · AED 80 per sqft
1 Jan 2020RentedRenewal
AED 145,000/yr12 months · AED 88 per sqft
1 Jan 2018RentedNew contract
AED 170,000/yr12 months · AED 103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2025.

Key facts

Type
2-bed apartment
Size
1,650 sqft
Floor
31st of 40
Parking
108
Developer
Emaar
Completed
2007
Service charge
AED 38,000 /yr
Last sold
AED 2.95M · September 2021

About 3103, The Residences 7 (T3)

3103 is a two-bedroom apartment of 1,650 sqft on the 31st floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 14 September 2021 for AED 2,950,000, or AED 1,787 per sqft, 56% above the AED 1,143 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 4 January 2025, is AED 220,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 38,000 a year.

Sales and rents for 3103 over time

Sales
Unit 3103, each saleTypical two-bed in The Residences 7 (T3)
2M4M2008201320182023Typical sale price by year: 2008 AED 2,521,844; 2009 AED 2,124,212; 2010 AED 2,443,888; 2011 AED 2,280,444; 2012 AED 2,965,000; 2013 AED 3,900,000; 2014 AED 4,900,000; 2015 AED 4,800,000; 2017 AED 3,900,000; 2021 AED 2,475,000; 2022 AED 3,175,000; 2023 AED 2,850,000; 2024 AED 3,732,500; 2025 AED 4,050,000Sold by developer, August 2009: AED 2,424,800 (AED 1,469 per sqft)Sold, September 2021: AED 2,950,000 (AED 1,787 per sqft)

3103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3103, each contractTypical two-bed in The Residences 7 (T3)
200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 169,529; 2014 AED 195,000; 2015 AED 192,500; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 130,000; 2021 AED 125,004; 2022 AED 136,245; 2023 AED 180,000; 2024 AED 180,000; 2025 AED 200,000; 2026 AED 215,000New contract, February 2016: AED 250,000 a yearNew contract, November 2016: AED 195,000 a yearNew contract, January 2018: AED 170,000 a yearRenewal, January 2020: AED 145,000 a yearRenewal, January 2021: AED 132,000 a yearNew contract, January 2022: AED 152,000 a yearNew contract, January 2023: AED 200,000 a yearRenewal, January 2024: AED 210,000 a yearRenewal, January 2025: AED 220,000 a year

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 3103 sits

All 70 2-beds →

3103 last sold in September 2021 at AED 1,787 per sqft, 56% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,143). 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. 3103's AED 220,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 20252,562,500
24 Dec 20252,562,500
10 Dec 20255,125,000
31 Jul 20254,050,000
3 2-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 31st floor

All 189 units in The Residences 7 (T3)
Value
31012-bedAED 2.02M · Nov 2008
31023-bedAED 3.18M · Dec 2011
31041-bedAED 2.03M · Jan 2025
31051-bedAED 1.8M · Nov 2016

3103, The Residences 7 (T3) in numbers

  • Sold twice: first on 9 August 2009 for AED 2,424,800, last on 14 September 2021 for AED 2,950,000 (AED 1,787 per sqft).
  • Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 250,000 to AED 132,000 in 2021 and recovered to AED 220,000 by January 2025.
  • At AED 220,000 a year the gross yield on the 2021 price is 7.5%, 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 4 January 2025.

Questions about 3103, The Residences 7 (T3)

What did unit 3103 last sell for?

AED 2,950,000 on 14 September 2021: AED 1,787 per sqft for 1,650 sqft. The unit has 2 registered sales; the first was AED 2,424,800 in August 2009.

What is the rent for unit 3103?

AED 220,000 a year on the contract renewed on 4 January 2025. The previous contract, from January 2024, was AED 210,000; the unit has been rented since February 2016.

How big is unit 3103?

1,650 sqft (153.3 sqm): a two-bedroom apartment on the 31st floor of a 40-storey tower completed in 2007.

What is unit 3103 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 3103, The Residences 7 (T3)

Starts from the last sale price (AED 2.95M, 14 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →