705, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in September 2010, 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 705, The Residences 7 (T3)
What is 705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 7th of 40
- Parking
- 126
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 961K · September 2010
- Building
- The Residences 7 (T3)
About 705, The Residences 7 (T3)
705 is a one-bedroom apartment of 1,046 sqft on the 7th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 1 September 2010 for AED 960,888, or AED 918 per sqft, 21% below the AED 1,162 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 22 February 2025, is AED 120,000 a year: a gross yield of 12.5% on the 2010 price, before the service charge of about AED 24,100 a year.
Sales and rents for 705 over time
705 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 705 sits
All 80 1-beds →705 last sold in September 2010 at AED 918 per sqft, 21% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,162). 705's AED 120,000 is in the lower 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 7th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,452 sqft | AED 4MAED 4,000,000 · Sep 2014September 2014 | 149,198 /yr | |
| 702 | 3-bed | 2,082 sqft | AED 2.75MAED 2,754,800 · Nov 2008November 2008 | 300,000 /yr | |
| 703 | 2-bed | 1,650 sqft | AED 2.11MAED 2,106,800 · Jan 2011January 2011 | 220,000 /yr | |
| 704 | 1-bed | 778 sqft | AED 1.02MAED 1,020,000 · Mar 2019March 2019 | 95,000 /yr |
705, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 1 September 2010 for AED 960,888, or AED 918 per sqft.
- Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2021 and recovered to AED 120,000 by February 2025.
- At AED 120,000 a year the gross yield on the 2010 price is 12.5%, 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 22 February 2025.
Questions about 705, The Residences 7 (T3)
What did unit 705 last sell for?
AED 960,888 on 1 September 2010, sold by the developer: AED 918 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 120,000 a year on the contract renewed on 22 February 2025. The previous contract, from April 2024, was AED 94,640; the unit has been rented since April 2015.
How big is unit 705?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 705 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 705, The Residences 7 (T3)
Starts from the last sale price (AED 961K, 1 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 960,888
- Deposit, UAE resident (20%)
- AED 192,178
- Deposit, non-resident (40%)
- AED 384,355
- Monthly over 25 years at 3.7%
- AED 3,931
Plus AED 45,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →