962, 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.
Property timeline for 962, Seven Residence Tower B
What is 962 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 432 sqft
- Floor
- 9th of 14
- Parking
- 1
- Developer
- Seven Tides
- Completed
- 2022
- Last sold
- AED 1.37M · February 2023
- Building
- Seven Residence Tower B
About 962, Seven Residence Tower B
962 is a one-bedroom hotel apartment of 432 sqft on the 9th 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 February 2023 for AED 1,368,000, or AED 3,166 per sqft.
No rental contract for the unit is registered on Ejari.
1-beds in Seven Residence Tower B, and where 962 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 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 9th floor
All 104 units in Seven Residence Tower B962, Seven Residence Tower B in numbers
- Sold once: by Seven Tides on 13 February 2023 for AED 1,368,000, or AED 3,166 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 13 February 2023.
Questions about 962, Seven Residence Tower B
What did unit 962 last sell for?
AED 1,368,000 on 13 February 2023, sold by the developer: AED 3,166 per sqft for 432 sqft. It is the only registered sale of the unit.
How big is unit 962?
432 sqft (40.1 sqm): a one-bedroom hotel apartment on the 9th floor of a 14-storey tower completed in 2022.
What is unit 962 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 962, Seven Residence Tower B
Starts from the last sale price (AED 1.37M, 13 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,368,000
- Deposit, UAE resident (20%)
- AED 273,600
- Deposit, non-resident (40%)
- AED 547,200
- Monthly over 25 years at 3.7%
- AED 5,597
Plus AED 62,466 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →