1401, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in April 2023, 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 1401, The Residences 7 (T3)
What is 1401 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 14th of 40
- Parking
- 251
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 33,400 /yr
- Last sold
- AED 2.85M · April 2023
- Building
- The Residences 7 (T3)
About 1401, The Residences 7 (T3)
1401 is a two-bedroom apartment of 1,452 sqft on the 14th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 7 April 2023 for AED 2,850,000, or AED 1,962 per sqft, 8% below the AED 2,128 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 195,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 33,400 a year.
Sales and rents for 1401 over time
1401 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in The Residences 7 (T3), and where 1401 sits
All 72 2-beds →1401 last sold in April 2023 at AED 1,962 per sqft, 8% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,128). Over the last 12 months two-beds sold for AED 2,562,500 to 5,125,000, around AED 3,106 per sqft, and rent for AED 70,000 to 290,000 a year. 1401's AED 195,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Feb 202624 February 2026 | 1,650 sqft | 5,100,000 | 3,090 | ||
| 25 Dec 202525 December 2025 | 825 sqft | 2,562,500 | 3,106 | ||
| 24 Dec 202524 December 2025 | 825 sqft | 2,562,500 | 3,105 | ||
| 10 Dec 202510 December 2025 | 1,650 sqft | 5,125,000 | 3,106 |
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 14th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 3-bed | 2,082 sqft | AED 3.85MAED 3,853,500 · Oct 2020October 2020 | 220,000 /yr | |
| 1403 | 2-bed | 1,650 sqft | AED 2.19MAED 2,190,800 · May 2011May 2011 | 220,000 /yr | |
| 1404 | 1-bed | 915 sqft | AED 1.53MAED 1,530,000 · Apr 2023April 2023 | 78,750 /yr | |
| 1405 | 1-bed | 1,046 sqft | AED 982KAED 981,800 · Jan 2011January 2011 | 138,000 /yr |
1401, The Residences 7 (T3) in numbers
- Sold twice: first on 5 September 2010 for AED 1,776,800, last on 7 April 2023 for AED 2,850,000 (AED 1,962 per sqft).
- Rented since December 2012 on 14 Ejari contracts. The rent fell from AED 250,000 to AED 108,000 in 2020 and recovered to AED 195,000 by September 2026.
- At AED 195,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 33,400 a year (AED 23.00 per sqft).
- Two-beds in The Residences 7 (T3) sold for AED 2,562,500–5,125,000 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 1 September 2026.
Questions about 1401, The Residences 7 (T3)
What did unit 1401 last sell for?
AED 2,850,000 on 7 April 2023: AED 1,962 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,776,800 in September 2010.
What is the rent for unit 1401?
AED 195,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 195,000; the unit has been rented since December 2012.
How big is unit 1401?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 14th floor of a 40-storey tower completed in 2007.
What is unit 1401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 7 (T3) sold for AED 2,562,500 to 5,125,000 in the last 12 months, around AED 3,106 per sqft.
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Mortgage on 1401, The Residences 7 (T3)
Starts from the last sale price (AED 2.85M, 7 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →