1403, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in May 2011, 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 1403, The Residences 7 (T3)
What is 1403 worth today?
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Source: Dubai Land Department. Updated 9 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,650 sqft
- Floor
- 14th of 40
- Parking
- 473
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 38,000 /yr
- Last sold
- AED 2.4M · May 2011
- Building
- The Residences 7 (T3)
About 1403, The Residences 7 (T3)
1403 is a two-bedroom apartment of 1,650 sqft on the 14th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 26 May 2011 for AED 2,400,000, or AED 1,454 per sqft, in line with the AED 1,454 two-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 9 August 2025, is AED 220,000 a year: a gross yield of 9.2% on the 2011 price, before the service charge of about AED 38,000 a year.
Sales and rents for 1403 over time
1403 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 1403 sits
All 72 2-beds →1403 last sold in May 2011 at AED 1,454 per sqft, in line with what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,454). 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. 1403's AED 220,000 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 | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,452 sqft | AED 2.85MAED 2,850,000 · Apr 2023April 2023 | 195,000 /yr | |
| 1402 | 3-bed | 2,082 sqft | AED 3.85MAED 3,853,500 · Oct 2020October 2020 | 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 |
1403, The Residences 7 (T3) in numbers
- Sold twice: first on 26 May 2011 for AED 2,190,800, last on 26 May 2011 for AED 2,400,000 (AED 1,454 per sqft).
- Rented since April 2013 on 14 Ejari contracts. The rent fell from AED 195,000 to AED 128,000 in 2019 and recovered to AED 220,000 by August 2025.
- At AED 220,000 a year the gross yield on the 2011 price is 9.2%, before a service charge of about AED 38,000 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 9 August 2025.
Questions about 1403, The Residences 7 (T3)
What did unit 1403 last sell for?
AED 2,400,000 on 26 May 2011, sold by the developer: AED 1,454 per sqft for 1,650 sqft. The unit has 2 registered sales; the first was AED 2,190,800 in May 2011.
What is the rent for unit 1403?
AED 220,000 a year on the contract renewed on 9 August 2025. The previous contract, from August 2025, was AED 220,000; the unit has been rented since April 2013.
How big is unit 1403?
1,650 sqft (153.3 sqm): a two-bedroom apartment on the 14th floor of a 40-storey tower completed in 2007.
What is unit 1403 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 1403, The Residences 7 (T3)
Starts from the last sale price (AED 2.4M, 26 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →