1002, The Residences 7 (T3)
Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, The Residences 7 (T3)
What is 1002 worth today?
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Source: Dubai Land Department. Updated 13 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 10th of 40
- Parking
- 567 / 583
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 47,900 /yr
- Last sold
- AED 5.6M · October 2022
- Building
- The Residences 7 (T3)
About 1002, The Residences 7 (T3)
1002 is a three-bedroom apartment of 2,082 sqft on the 10th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 October 2022 for AED 5,600,000, or AED 2,689 per sqft, in line with the AED 2,641 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 15 January 2017, is AED 250,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 47,900 a year.
Sales and rents for 1002 over time
1002 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Residences 7 (T3), and where 1002 sits
All 37 3-beds →1002 last sold in October 2022 at AED 2,689 per sqft, in line with what three-beds in The Residences 7 (T3) were fetching at the time (AED 2,641). 1002's AED 250,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 2,082 sqft | 6,200,000 | 2,977 | ||
| 28 May 202528 May 2025 | 2,082 sqft | 6,950,000 | 3,338 | ||
| 19 Feb 202519 February 2025 | 2,082 sqft | 6,750,000 | 3,242 | ||
| 29 Jan 202529 January 2025 | 2,082 sqft | 6,700,000 | 3,218 |
The Residences 7 (T3)
Building189 apartments, 1-bed to 4-bed over 40 floors in Downtown Dubai, completed in 2007 by Emaar. 5 sold in the last 12 months.
- Typical price per sqft
- AED 3,105
- Typical sale
- AED 2.56M
- Typical rent
- AED 135K /yr
- Typical yield
- 4.0%
Other units on the 10th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,452 sqft | AED 2.15MAED 2,152,888 · Jul 2017July 2017 | 190,000 /yr | |
| 1003 | 2-bed | 1,650 sqft | AED 2.8MAED 2,800,000 · Apr 2009April 2009 | 200,000 /yr | |
| 1004 | 1-bed | 915 sqft | AED 1.75MAED 1,750,000 · Jun 2023June 2023 | 135,000 /yr | |
| 1005 | 1-bed | 1,046 sqft | AED 2.71MAED 2,710,000 · Oct 2008October 2008 | 125,000 /yr |
1002, The Residences 7 (T3) in numbers
- Sold 4 times: first on 14 October 2012 for AED 2,796,800, last on 13 October 2022 for AED 5,600,000 (AED 2,689 per sqft).
- Rented since April 2012 on 4 Ejari contracts, from AED 95,128 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 13 October 2022.
Questions about 1002, The Residences 7 (T3)
What did unit 1002 last sell for?
AED 5,600,000 on 13 October 2022: AED 2,689 per sqft for 2,082 sqft. The unit has 4 registered sales; the first was AED 2,796,800 in October 2012.
What is the rent for unit 1002?
AED 250,000 a year on the contract signed on 15 January 2017. The previous contract, from April 2016, was AED 227,755; the unit has been rented since April 2012.
How big is unit 1002?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 10th floor of a 40-storey tower completed in 2007.
What is unit 1002 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 1002, The Residences 7 (T3)
Starts from the last sale price (AED 5.6M, 13 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 5,600,000
- Deposit, UAE resident (20%)
- AED 1,120,000
- Deposit, non-resident (40%)
- AED 2,240,000
- Monthly over 25 years at 3.7%
- AED 22,911
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →