1502, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in March 2010, 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 1502, The Residences 7 (T3)
What is 1502 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 10 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 15th of 40
- Parking
- 584 / 585
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 47,900 /yr
- Last sold
- AED 2.78M · March 2010
- Building
- The Residences 7 (T3)
About 1502, The Residences 7 (T3)
1502 is a three-bedroom apartment of 2,082 sqft on the 15th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 31 March 2010 for AED 2,780,796, or AED 1,335 per sqft, in line with the AED 1,321 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 10 October 2026, is AED 257,920 a year: a gross yield of 9.3% on the 2010 price, before the service charge of about AED 47,900 a year.
Sales and rents for 1502 over time
1502 has sold once; the dashed line is the three-bed median of each year in the building.
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 1502 sits
All 37 3-beds →1502 last sold in March 2010 at AED 1,335 per sqft, in line with what three-beds in The Residences 7 (T3) were fetching at the time (AED 1,321). 1502's AED 257,920 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 2,082 sqft | 6,200,000 | 2,977 | ||
| 28 May 202528 May 2025 | 2,082 sqft | 6,950,000 | 3,338 | ||
| 19 Feb 202519 February 2025 | 2,082 sqft | 6,750,000 | 3,242 | ||
| 29 Jan 202529 January 2025 | 2,082 sqft | 6,700,000 | 3,218 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,452 sqft | AED 4.05MAED 4,050,000 · Jul 2025July 2025 | 141,152 /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 |
1502, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 31 March 2010 for AED 2,780,796, or AED 1,335 per sqft.
- Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 320,000 to AED 170,000 in 2021 and recovered to AED 257,920 by October 2026.
- At AED 257,920 a year the gross yield on the 2010 price is 9.3%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 10 October 2026.
Questions about 1502, The Residences 7 (T3)
What did unit 1502 last sell for?
AED 2,780,796 on 31 March 2010, sold by the developer: AED 1,335 per sqft for 2,082 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 257,920 a year on the contract signed on 10 October 2026. The previous contract, from September 2025, was AED 315,000; the unit has been rented since October 2014.
How big is unit 1502?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.
What is unit 1502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1502? 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 1502, The Residences 7 (T3)
Starts from the last sale price (AED 2.78M, 31 March 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,780,796
- Deposit, UAE resident (20%)
- AED 556,159
- Deposit, non-resident (40%)
- AED 1,112,318
- Monthly over 25 years at 3.7%
- AED 11,377
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →