562, Seven Residence Tower B
Sold prices and rental history: sold once, by the developer in December 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 562, Seven Residence Tower B
What is 562 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 355 sqft
- Floor
- 5th of 14
- Parking
- EU
- Developer
- Seven Tides
- Completed
- 2022
- Last sold
- AED 1.1M · December 2023
- Building
- Seven Residence Tower B
About 562, Seven Residence Tower B
562 is a studio of 355 sqft on the 5th floor of Seven Residence Tower B, a 14-storey tower in Palm Jumeirah completed in 2022 by Seven Tides. The developer sold it on 13 December 2023 for AED 1,100,000, or AED 3,101 per sqft, 6% above the AED 2,939 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 562 over time
562 has sold once; the dashed line is the studio median of each year in the building.
Studios in Seven Residence Tower B, and where 562 sits
All 64 studios →562 last sold in December 2023 at AED 3,101 per sqft, 6% above what studios in Seven Residence Tower B were fetching at the time (AED 2,939). Over the last 12 months studios sold for AED 1,000,000, around AED 2,818 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202531 July 2025 | 354 sqft | 990,000 | 2,797 | ||
| 9 Jul 20259 July 2025 | 439 sqft | 975,000 | 2,221 | ||
| 24 Jun 202524 June 2025 | 428 sqft | 1,300,000 | 3,035 | ||
| 21 May 202521 May 2025 | 354 sqft | 1,100,000 | 3,109 |
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 5th floor
All 104 units in Seven Residence Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 552 | 330 sqft | AED 1.38MAED 1,380,000 · Sep 2025September 2025 | |||
| 558 | Studio | 355 sqft | AED 1.18MAED 1,180,000 · Mar 2023March 2023 | ||
| 563 | Studio | 355 sqft | AED 1.1MAED 1,100,000 · Dec 2023December 2023 | ||
| 566 | 354 sqft | AED 1.38MAED 1,380,000 · Sep 2025September 2025 | |||
| 568 | 354 sqft | AED 1.37MAED 1,370,000 · Sep 2025September 2025 | |||
| 575 | Studio | 378 sqft | AED 1.25MAED 1,250,000 · Jun 2023June 2023 |
562, Seven Residence Tower B in numbers
- Sold once: by Seven Tides on 13 December 2023 for AED 1,100,000, or AED 3,101 per sqft.
- Studios in Seven Residence Tower B sold for AED 1,000,000–1,000,000 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 13 December 2023.
Questions about 562, Seven Residence Tower B
What did unit 562 last sell for?
AED 1,100,000 on 13 December 2023, sold by the developer: AED 3,101 per sqft for 355 sqft. It is the only registered sale of the unit.
How big is unit 562?
355 sqft (33.0 sqm): a studio on the 5th floor of a 14-storey tower completed in 2022.
What is unit 562 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Seven Residence Tower B sold for AED 1,000,000 to 1,000,000 in the last 12 months, around AED 2,818 per sqft.
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Mortgage on 562, Seven Residence Tower B
Starts from the last sale price (AED 1.1M, 13 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →