1-bed · 432 sqftSeven Residence Tower B, Palm Jumeirah · 8th floor · completed 2022

862, Seven Residence Tower B

Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 862 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 570K6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 862, Seven Residence Tower B

What is 862 worth today?

Last sold for AED 570,000 in 2023

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6 Feb 2023Sold by developerOff-plan
AED 570,000AED 1,319 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2023.

Key facts

Type
1-bed hotel apartment
Size
432 sqft
Floor
8th of 14
Parking
1
Developer
Seven Tides
Completed
2022
Last sold
AED 570K · February 2023

About 862, Seven Residence Tower B

862 is a one-bedroom hotel apartment of 432 sqft on the 8th floor of Seven Residence Tower B, a 14-storey tower in Palm Jumeirah completed in 2022 by Seven Tides. The developer sold it on 6 February 2023 for AED 570,000, or AED 1,319 per sqft.

No rental contract for the unit is registered on Ejari.

1-beds in Seven Residence Tower B, and where 862 sits

All 31 1-beds →

Over the last 12 months one-beds sold for AED 2,050,000, around AED 2,490 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Dec 20231,850,000
30 Oct 20232,170,000
13 Jul 20231,900,000
7 Jul 20231,520,000
1 1-bed sale in the last 12 months

Seven Residence Tower B

Building

104 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
Seven Residence Tower B, Palm Jumeirah: prices, sales and rents →

Other units on the 8th floor

All 104 units in Seven Residence Tower B
Value
838StudioAED 1.43M · Aug 2023
841StudioAED 1M · Jun 2023
8471-bedAED 1.9M · Jul 2023
8491-bedAED 1.52M · Jul 2023
853AED 1M · Nov 2025
856StudioAED 1.15M · Dec 2024

862, Seven Residence Tower B in numbers

  • Sold once: by Seven Tides on 6 February 2023 for AED 570,000, or AED 1,319 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 6 February 2023.

Questions about 862, Seven Residence Tower B

What did unit 862 last sell for?

AED 570,000 on 6 February 2023, sold by the developer: AED 1,319 per sqft for 432 sqft. It is the only registered sale of the unit.

How big is unit 862?

432 sqft (40.1 sqm): a one-bedroom hotel apartment on the 8th floor of a 14-storey tower completed in 2022.

What is unit 862 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 862, Seven Residence Tower B

Starts from the last sale price (AED 570K, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →