603, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, The Residences 7 (T3)
What is 603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 536 sqft
- Floor
- 6th of 40
- Parking
- 591
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 12,300 /yr
- Last sold
- AED 2.06M · April 2011
- Building
- The Residences 7 (T3)
About 603, The Residences 7 (T3)
603 is a two-bedroom apartment of 536 sqft on the 6th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 12 April 2011 for AED 2,062,026, or AED 1,249 per sqft, 17% below the AED 1,506 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 135,300 a year: a gross yield of 6.6% on the 2011 price, before the service charge of about AED 12,300 a year.
Sales and rents for 603 over time
603 has sold once; the dashed line is the two-bed median of each year in the building.
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 603 sits
All 70 2-beds →603 last sold in April 2011 at AED 1,249 per sqft, 17% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,506). 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. 603's AED 135,300 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 825 sqft | 2,562,500 | 3,106 | ||
| 24 Dec 202524 December 2025 | 825 sqft | 2,562,500 | 3,105 | ||
| 10 Dec 202510 December 2025 | 1,650 sqft | 5,125,000 | 3,106 | ||
| 31 Jul 202531 July 2025 | 1,452 sqft | 4,050,000 | 2,789 |
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 6th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,452 sqft | AED 2MAED 2,000,000 · Feb 2021February 2021 | 150,000 /yr | |
| 602 | 3-bed | 2,082 sqft | AED 8.05MAED 8,050,000 · Jan 2014January 2014 | 120,000 /yr | |
| 604 | 1-bed | 915 sqft | AED 1.75MAED 1,750,000 · Nov 2023November 2023 | 135,000 /yr | |
| 605 | 1-bed | 1,046 sqft | AED 958KAED 957,800 · Nov 2008November 2008 | 97,020 /yr |
603, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 12 April 2011 for AED 2,062,026, or AED 1,249 per sqft.
- Rented since January 2013 on 10 Ejari contracts, from AED 160,000 to AED 135,300 a year.
- At AED 135,300 a year the gross yield on the 2011 price is 6.6%, before a service charge of about AED 12,300 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 1 April 2024.
Questions about 603, The Residences 7 (T3)
What did unit 603 last sell for?
AED 2,062,026 on 12 April 2011, sold by the developer: AED 1,249 per sqft for 536 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 135,300 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 123,000; the unit has been rented since January 2013.
How big is unit 603?
536 sqft (49.8 sqm): a two-bedroom apartment on the 6th floor of a 40-storey tower completed in 2007.
What is unit 603 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 603, The Residences 7 (T3)
Starts from the last sale price (AED 2.06M, 12 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,062,026
- Deposit, UAE resident (20%)
- AED 412,405
- Deposit, non-resident (40%)
- AED 824,810
- Monthly over 25 years at 3.7%
- AED 8,436
Plus AED 91,615 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →