3-bed · 2,082 sqftThe Residences 7 (T3), Downtown Dubai · 12th floor · completed 2007

1202, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 1.41M16 June 2010
Current rentAED 300K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, The Residences 7 (T3)

What is 1202 worth today?

Last sold for AED 1,412,400 in 2010

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15 Jun 2026RentedRenewal
AED 300,000/yr12 months · AED 144 per sqft
15 Jun 2025RentedRenewal
AED 300,000/yr12 months · AED 144 per sqft
15 Jun 2024RentedRenewal
AED 300,000/yr12 months · AED 144 per sqft
15 Jun 2023RentedNew contract
AED 300,000/yr12 months · AED 144 per sqft
9 Mar 2020RentedNew contract
AED 190,000/yr12 months · AED 91 per sqft
8 Feb 2019RentedRenewal
AED 250,000/yr12 months · AED 120 per sqft
8 Feb 2018RentedRenewal
AED 260,000/yr12 months · AED 125 per sqft
8 Feb 2017RentedNew contract
AED 270,000/yr12 months · AED 130 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
12th of 40
Parking
596 / 597
Developer
Emaar
Completed
2007
Service charge
AED 47,900 /yr
Last sold
AED 1.41M · June 2010

About 1202, The Residences 7 (T3)

1202 is a three-bedroom apartment of 2,082 sqft on the 12th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 16 June 2010 for AED 1,412,400, or AED 678 per sqft, 49% below the AED 1,335 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 300,000 a year: a gross yield of 21.2% on the 2010 price, before the service charge of about AED 47,900 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in The Residences 7 (T3)
5M2008201320182023Typical sale price by year: 2008 AED 3,045,800; 2009 AED 2,152,256; 2010 AED 3,196,888; 2011 AED 3,300,000; 2012 AED 4,024,888; 2014 AED 7,625,000; 2015 AED 6,700,000; 2020 AED 3,864,250; 2021 AED 3,900,000; 2022 AED 5,600,000; 2024 AED 5,374,428; 2025 AED 6,725,000Sold by developer, June 2010: AED 1,412,400 (AED 678 per sqft)

1202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 230,000; 2014 AED 290,000; 2015 AED 290,000; 2016 AED 279,500; 2017 AED 270,000; 2018 AED 234,552; 2019 AED 210,000; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 250,000; 2024 AED 250,000; 2025 AED 280,000; 2026 AED 300,000New contract, February 2017: AED 270,000 a yearRenewal, February 2018: AED 260,000 a yearRenewal, February 2019: AED 250,000 a yearNew contract, March 2020: AED 190,000 a yearNew contract, June 2023: AED 300,000 a yearRenewal, June 2024: AED 300,000 a yearRenewal, June 2025: AED 300,000 a yearRenewal, June 2026: AED 300,000 a year

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 1202 sits

All 37 3-beds →

1202 last sold in June 2010 at AED 678 per sqft, 49% below what three-beds in The Residences 7 (T3) were fetching at the time (AED 1,335). 1202's AED 300,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20256,200,000
28 May 20256,950,000
19 Feb 20256,750,000
29 Jan 20256,700,000
0 3-bed sales in the last 12 months

The Residences 7 (T3)

Building

189 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%
The Residences 7 (T3), Downtown Dubai: prices, sales and rents →

Other units on the 12th floor

All 189 units in The Residences 7 (T3)
Value
12012-bedAED 4.05M · Sep 2024
12032-bedAED 2.56M · Dec 2025
12041-bedAED 1.8M · Apr 2013
12051-bedAED 1.9M · Jul 2024

1202, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 16 June 2010 for AED 1,412,400, or AED 678 per sqft.
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 270,000 to AED 190,000 in 2020 and recovered to AED 300,000 by June 2026.
  • At AED 300,000 a year the gross yield on the 2010 price is 21.2%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 15 June 2026.

Questions about 1202, The Residences 7 (T3)

What did unit 1202 last sell for?

AED 1,412,400 on 16 June 2010, sold by the developer: AED 678 per sqft for 2,082 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 300,000 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 300,000; the unit has been rented since February 2017.

How big is unit 1202?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 12th floor of a 40-storey tower completed in 2007.

What is unit 1202 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 1202, The Residences 7 (T3)

Starts from the last sale price (AED 1.41M, 16 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,412,400
Deposit, UAE resident (20%)
AED 282,480
Deposit, non-resident (40%)
AED 564,960
Monthly over 25 years at 3.7%
AED 5,779

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →