1405, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, The Residences 7 (T3)
What is 1405 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 14th of 40
- Parking
- 278
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 982K · January 2011
- Building
- The Residences 7 (T3)
About 1405, The Residences 7 (T3)
1405 is a one-bedroom apartment of 1,046 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 16 January 2011 for AED 981,800, or AED 938 per sqft, 15% below the AED 1,105 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 1 February 2026, is AED 138,000 a year: a gross yield of 14.1% on the 2011 price, before the service charge of about AED 24,100 a year.
Sales and rents for 1405 over time
1405 has sold once; 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 1405 sits
All 84 1-beds →1405 last sold in January 2011 at AED 938 per sqft, 15% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,105). 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. 1405's AED 138,000 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 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 | |
| 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, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 16 January 2011 for AED 981,800, or AED 938 per sqft.
- Rented since August 2016 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 138,000 by February 2026.
- At AED 138,000 a year the gross yield on the 2011 price is 14.1%, 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 1 February 2026.
Questions about 1405, The Residences 7 (T3)
What did unit 1405 last sell for?
AED 981,800 on 16 January 2011, sold by the developer: AED 938 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 1405?
AED 138,000 a year on the contract signed on 1 February 2026. The previous contract, from June 2025, was AED 89,177; the unit has been rented since August 2016.
How big is unit 1405?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 14th floor of a 40-storey tower completed in 2007.
What is unit 1405 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 1405, The Residences 7 (T3)
Starts from the last sale price (AED 982K, 16 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 981,800
- Deposit, UAE resident (20%)
- AED 196,360
- Deposit, non-resident (40%)
- AED 392,720
- Monthly over 25 years at 3.7%
- AED 4,017
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →