1-bed · 915 sqftThe Residences 7 (T3), Downtown Dubai · 36th floor · completed 2007

3604, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in April 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3604 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.76M21 April 2015
Current rentAED 150K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3604, The Residences 7 (T3)

What is 3604 worth today?

Last sold for AED 1,761,000 in 2015

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1 Mar 2024RentedNew contract
AED 150,000/yr12 months · AED 164 per sqft
12 Sep 2021RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
17 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
16 Jul 2018RentedRenewal
AED 117,500/yr12 months · AED 128 per sqft
17 Jul 2016RentedRenewal
AED 130,362/yr12 months · AED 142 per sqft
21 Apr 2015SoldReady
AED 1,761,000AED 1,924 per sqft
16 Jul 2014RentedNew contract
AED 130,000/yr12 months · AED 142 per sqft
31 Aug 2010Sold by developerReady
AED 1,153,800AED 1,260 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
36th of 40
Parking
77
Developer
Emaar
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.76M · April 2015

About 3604, The Residences 7 (T3)

3604 is a one-bedroom apartment of 915 sqft on the 36th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 21 April 2015 for AED 1,761,000, or AED 1,924 per sqft, 57% above the AED 1,229 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 March 2024, is AED 150,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 21,000 a year.

Sales and rents for 3604 over time

Sales
Unit 3604, 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, August 2010: AED 1,153,800 (AED 1,260 per sqft)Sold, April 2015: AED 1,761,000 (AED 1,924 per sqft)

3604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3604, each contractTypical one-bed in The Residences 7 (T3)
100K150K2012201620202024Typical 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, July 2014: AED 130,000 a yearRenewal, July 2016: AED 130,362 a yearRenewal, July 2018: AED 117,500 a yearRenewal, July 2020: AED 90,000 a yearNew contract, September 2021: AED 90,000 a yearNew contract, March 2024: AED 150,000 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 3604 sits

All 80 1-beds →

3604 last sold in April 2015 at AED 1,924 per sqft, 57% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,229). 3604's AED 150,000 is at the top 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 36th floor

All 189 units in The Residences 7 (T3)
Value
36012-bedAED 3.1M · Apr 2022
36023-bedAED 4.01M · May 2011
36032-bedAED 2.49M · Mar 2011
36051-bedAED 1.05M · Aug 2010

3604, The Residences 7 (T3) in numbers

  • Sold twice: first on 31 August 2010 for AED 1,153,800, last on 21 April 2015 for AED 1,761,000 (AED 1,924 per sqft).
  • Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 150,000 by March 2024.
  • At AED 150,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 21,000 a year (AED 23.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Questions about 3604, The Residences 7 (T3)

What did unit 3604 last sell for?

AED 1,761,000 on 21 April 2015: AED 1,924 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 1,153,800 in August 2010.

What is the rent for unit 3604?

AED 150,000 a year on the contract signed on 1 March 2024. The previous contract, from September 2021, was AED 90,000; the unit has been rented since July 2014.

How big is unit 3604?

915 sqft (85.0 sqm): a one-bedroom apartment on the 36th floor of a 40-storey tower completed in 2007.

What is unit 3604 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 3604, The Residences 7 (T3)

Starts from the last sale price (AED 1.76M, 21 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,761,000
Deposit, UAE resident (20%)
AED 352,200
Deposit, non-resident (40%)
AED 704,400
Monthly over 25 years at 3.7%
AED 7,205

Plus AED 78,972 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →