1005, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in October 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, The Residences 7 (T3)
What is 1005 worth today?
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Source: Dubai Land Department. Updated 3 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 10th of 40
- Parking
- 137
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 970K · October 2008
- Building
- The Residences 7 (T3)
About 1005, The Residences 7 (T3)
1005 is a one-bedroom apartment of 1,046 sqft on the 10th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 14 October 2008 for AED 969,800, or AED 927 per sqft, 16% below the AED 1,107 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 3 February 2026, is AED 125,000 a year: a gross yield of 12.9% on the 2008 price, before the service charge of about AED 24,100 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences 7 (T3), and where 1005 sits
All 84 1-beds →1005 last sold in October 2008 at AED 927 per sqft, 16% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,107). Over the last 12 months one-beds sold for AED 2,050,000, around AED 2,240 per sqft, and rent for AED 85,000 to 140,000 a year. 1005's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20269 April 2026 | 915 sqft | 2,050,000 | 2,240 | ||
| 12 Sep 202512 September 2025 | 915 sqft | 2,500,000 | 2,732 | ||
| 20 Aug 202520 August 2025 | 1,046 sqft | 2,305,000 | 2,203 | ||
| 25 Jul 202525 July 2025 | 915 sqft | 2,180,000 | 2,382 |
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 | |
| 1002 | 3-bed | 2,082 sqft | AED 5.6MAED 5,600,000 · Oct 2022October 2022 | 250,000 /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, The Residences 7 (T3) in numbers
- Sold twice: first on 14 October 2008 for AED 2,710,000, last on 14 October 2008 for AED 969,800 (AED 927 per sqft).
- Rented since July 2013 on 14 Ejari contracts. The rent fell from AED 120,000 to AED 76,000 in 2020 and recovered to AED 125,000 by February 2026.
- At AED 125,000 a year the gross yield on the 2008 price is 12.9%, before a service charge of about AED 24,100 a year (AED 23.00 per sqft).
- One-beds in The Residences 7 (T3) 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 3,105 per sqft.
Source: Dubai Land Department. Updated 3 February 2026.
Questions about 1005, The Residences 7 (T3)
What did unit 1005 last sell for?
AED 969,800 on 14 October 2008, sold by the developer: AED 927 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 2,710,000 in October 2008.
What is the rent for unit 1005?
AED 125,000 a year on the contract renewed on 3 February 2026. The previous contract, from February 2025, was AED 125,000; the unit has been rented since July 2013.
How big is unit 1005?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 10th floor of a 40-storey tower completed in 2007.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 7 (T3) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 2,240 per sqft.
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Mortgage on 1005, The Residences 7 (T3)
Starts from the last sale price (AED 970K, 14 October 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 969,800
- Deposit, UAE resident (20%)
- AED 193,960
- Deposit, non-resident (40%)
- AED 387,920
- Monthly over 25 years at 3.7%
- AED 3,968
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →