1262, Seven Residence Tower B
Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1262, Seven Residence Tower B
What is 1262 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 432 sqft
- Floor
- 12th of 14
- Parking
- 1
- Developer
- Seven Tides
- Completed
- 2022
- Last sold
- AED 1.38M · April 2023
- Building
- Seven Residence Tower B
About 1262, Seven Residence Tower B
1262 is a one-bedroom hotel apartment of 432 sqft on the 12th floor of Seven Residence Tower B, a 14-storey tower in Palm Jumeirah completed in 2022 by Seven Tides. The developer sold it on 25 April 2023 for AED 1,380,000, or AED 3,193 per sqft, in line with the AED 3,170 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
1-beds in Seven Residence Tower B, and where 1262 sits
All 31 1-beds →1262 last sold in April 2023 at AED 3,193 per sqft, in line with what one-beds in Seven Residence Tower B were fetching at the time (AED 3,170). Over the last 12 months one-beds sold for AED 2,050,000, around AED 2,490 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Dec 202314 December 2023 | 715 sqft | 1,850,000 | 2,586 | ||
| 30 Oct 202330 October 2023 | 864 sqft | 2,170,000 | 2,511 | ||
| 13 Jul 202313 July 2023 | 863 sqft | 1,900,000 | 2,202 | ||
| 7 Jul 20237 July 2023 | 678 sqft | 1,520,000 | 2,241 |
Seven Residence Tower B
Building104 apartments, studios to 1-bed over 14 floors in Palm Jumeirah, completed in 2022 by Seven Tides. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,654
- Typical sale
- AED 1.53M
- Typical rent
- Few contracts
- Typical yield
Other units on the 12th floor
All 104 units in Seven Residence Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1235 | Studio | 359 sqft | No registered sale | ||
| 1236 | 1-bed | 721 sqft | No registered sale | ||
| 1237 | Studio | 359 sqft | No registered sale | ||
| 1238 | Studio | 522 sqft | No registered sale | ||
| 1239 | Studio | 354 sqft | No registered sale | ||
| 1240 | Studio | 354 sqft | No registered sale | ||
| 1241 | Studio | 354 sqft | No registered sale | ||
| 1242 | Studio | 354 sqft | No registered sale | ||
| 1243 | Studio | 354 sqft | No registered sale | ||
| 1244 | Studio | 354 sqft | No registered sale | ||
| 1245 | Studio | 368 sqft | No registered sale | ||
| 1246 | 1-bed | 682 sqft | No registered sale | ||
| 1247 | 1-bed | 867 sqft | No registered sale | ||
| 1252 | Studio | 353 sqft | AED 1.2MAED 1,200,000 · Jul 2023July 2023 | ||
| 1256 | Studio | 353 sqft | AED 900KAED 900,000 · Jun 2023June 2023 | ||
| 1261 | 1-bed | 715 sqft | AED 1.85MAED 1,850,000 · Dec 2023December 2023 | ||
| 1263 | Studio | 723 sqft | No registered sale | ||
| 1264 | 1-bed | 824 sqft | No registered sale | ||
| 1265 | 1-bed | 794 sqft | No registered sale | ||
| 1266 | 1-bed | 767 sqft | No registered sale | ||
| 1267 | 1-bed | 765 sqft | No registered sale | ||
| 1268 | 1-bed | 905 sqft | No registered sale |
1262, Seven Residence Tower B in numbers
- Sold once: by Seven Tides on 25 April 2023 for AED 1,380,000, or AED 3,193 per sqft.
- One-beds in Seven Residence Tower B sold for AED 2,050,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,654 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2023.
Questions about 1262, Seven Residence Tower B
What did unit 1262 last sell for?
AED 1,380,000 on 25 April 2023, sold by the developer: AED 3,193 per sqft for 432 sqft. It is the only registered sale of the unit.
How big is unit 1262?
432 sqft (40.1 sqm): a one-bedroom hotel apartment on the 12th floor of a 14-storey tower completed in 2022.
What is unit 1262 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Seven Residence Tower B sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 2,490 per sqft.
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Mortgage on 1262, Seven Residence Tower B
Starts from the last sale price (AED 1.38M, 25 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,380,000
- Deposit, UAE resident (20%)
- AED 276,000
- Deposit, non-resident (40%)
- AED 552,000
- Monthly over 25 years at 3.7%
- AED 5,646
Plus AED 62,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →