1501, The Residences 7 (T3)
Sold prices and rental history: sold 4 times, last in July 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, The Residences 7 (T3)
What is 1501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 31 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 15th of 40
- Parking
- 104
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 33,400 /yr
- Last sold
- AED 4.05M · July 2025
- Building
- The Residences 7 (T3)
About 1501, The Residences 7 (T3)
1501 is a two-bedroom apartment of 1,452 sqft on the 15th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 31 July 2025 for AED 4,050,000, or AED 2,789 per sqft, 10% above the AED 2,529 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 4 July 2021, is AED 141,152 a year: a gross yield of 3.5% on the 2025 price, before the service charge of about AED 33,400 a year.
Sales and rents for 1501 over time
1501 has sold 4 times; 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 1501 sits
All 72 2-beds →1501 last sold in July 2025 at AED 2,789 per sqft, 10% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,529). 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. 1501's AED 141,152 is in the lower 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 15th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 2,082 sqft | AED 2.78MAED 2,780,796 · Mar 2010March 2010 | 257,920 /yr | |
| 1503 | 2-bed | 1,650 sqft | AED 4.01MAED 4,011,000 · Sep 2024September 2024 | 190,000 /yr | |
| 1504 | 1-bed | 915 sqft | AED 2.28MAED 2,275,000 · Jan 2025January 2025 | 80,000 /yr | |
| 1505 | 1-bed | 1,046 sqft | AED 2.31MAED 2,305,000 · Aug 2025August 2025 | 136,500 /yr |
1501, The Residences 7 (T3) in numbers
- Sold 4 times: first on 23 January 2013 for AED 3,800,000, last on 31 July 2025 for AED 4,050,000 (AED 2,789 per sqft).
- Rented since October 2014 on 6 Ejari contracts, from AED 225,000 to AED 141,152 a year.
- At AED 141,152 a year the gross yield on the 2025 price is 3.5%, 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 31 July 2025.
Questions about 1501, The Residences 7 (T3)
What did unit 1501 last sell for?
AED 4,050,000 on 31 July 2025: AED 2,789 per sqft for 1,452 sqft. The unit has 4 registered sales; the first was AED 3,800,000 in January 2013.
What is the rent for unit 1501?
AED 141,152 a year on the contract renewed on 4 July 2021. The previous contract, from August 2020, was AED 130,001; the unit has been rented since October 2014.
How big is unit 1501?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.
What is unit 1501 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.
Selling 1501? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1501, The Residences 7 (T3)
Starts from the last sale price (AED 4.05M, 31 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,050,000
- Deposit, UAE resident (20%)
- AED 810,000
- Deposit, non-resident (40%)
- AED 1,620,000
- Monthly over 25 years at 3.7%
- AED 16,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →