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1-bed · 1,465 sqftThe Residences 7 (T3), Downtown Dubai · Ground floor · completed 2007

G01, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G01 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 1.56M16 September 2010
Current rentAED 131K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G01, The Residences 7 (T3)

What is G01 worth today?

Last sold for AED 1,564,888 in 2010

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25 Mar 2025RentedNew contract
AED 131,000/yr12 months · AED 89 per sqft
30 Jan 2024RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
11 Dec 2022RentedRenewal
AED 100,000/yr12 months · AED 68 per sqft
11 Dec 2021RentedRenewal
AED 92,500/yr12 months · AED 63 per sqft
11 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
16 Sep 2010Sold by developerReady
AED 1,564,888AED 1,068 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2025.

Key facts

Type
1-bed apartment
Size
1,465 sqft
Floor
Ground of 40
Parking
371
Developer
Emaar
Completed
2007
Service charge
AED 33,700 /yr
Last sold
AED 1.56M · September 2010
Building
The Residences 7 (T3)

About G01, The Residences 7 (T3)

G01 is a one-bedroom apartment of 1,465 sqft on the ground floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 16 September 2010 for AED 1,564,888, or AED 1,068 per sqft, 6% below the AED 1,138 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 25 March 2025, is AED 131,000 a year: a gross yield of 8.4% on the 2010 price, before the service charge of about AED 33,700 a year.

Sales and rents for G01 over time

Sales
Unit G01, 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, September 2010: AED 1,564,888 (AED 1,068 per sqft)

G01 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit G01, 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 125,000Renewal, December 2019: AED 110,000 a yearRenewal, December 2021: AED 92,500 a yearRenewal, December 2022: AED 100,000 a yearNew contract, January 2024: AED 130,000 a yearNew contract, March 2025: AED 131,000 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 G01 sits

All 80 1-beds →

G01 last sold in September 2010 at AED 1,068 per sqft, 6% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,138). G01's AED 131,000 is in the upper half 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 →

G01, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 16 September 2010 for AED 1,564,888, or AED 1,068 per sqft.
  • Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 92,500 in 2021 and recovered to AED 131,000 by March 2025.
  • At AED 131,000 a year the gross yield on the 2010 price is 8.4%, before a service charge of about AED 33,700 a year (AED 23.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2025.

Questions about G01, The Residences 7 (T3)

What did unit G01 last sell for?

AED 1,564,888 on 16 September 2010, sold by the developer: AED 1,068 per sqft for 1,465 sqft. It is the only registered sale of the unit.

What is the rent for unit G01?

AED 131,000 a year on the contract signed on 25 March 2025. The previous contract, from January 2024, was AED 130,000; the unit has been rented since December 2019.

How big is unit G01?

1,465 sqft (136.1 sqm): a one-bedroom apartment on the ground floor of a 40-storey tower completed in 2007.

What is unit G01 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 G01, The Residences 7 (T3)

Starts from the last sale price (AED 1.56M, 16 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,564,888
Deposit, UAE resident (20%)
AED 312,978
Deposit, non-resident (40%)
AED 625,955
Monthly over 25 years at 3.7%
AED 6,402

Plus AED 70,736 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →