1504, The Residences 7 (T3)
Sold prices and rental history: sold 3 times, last in January 2025, 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 1504, The Residences 7 (T3)
What is 1504 worth today?
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Source: Dubai Land Department. Updated 8 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 15th of 40
- Parking
- 118
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,000 /yr
- Last sold
- AED 2.28M · January 2025
- Building
- The Residences 7 (T3)
About 1504, The Residences 7 (T3)
1504 is a one-bedroom apartment of 915 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 8 January 2025 for AED 2,275,000, or AED 2,486 per sqft, 26% above the AED 1,979 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 4 July 2020, is AED 80,000 a year: a gross yield of 3.5% on the 2025 price, before the service charge of about AED 21,000 a year.
Sales and rents for 1504 over time
1504 has sold 3 times; 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 1504 sits
All 84 1-beds →1504 last sold in January 2025 at AED 2,486 per sqft, 26% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,979). 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. 1504's AED 80,000 is at the bottom 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 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 | |
| 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 | |
| 1505 | 1-bed | 1,046 sqft | AED 2.31MAED 2,305,000 · Aug 2025August 2025 | 136,500 /yr |
1504, The Residences 7 (T3) in numbers
- Sold 3 times: first on 5 September 2010 for AED 1,048,800, last on 8 January 2025 for AED 2,275,000 (AED 2,486 per sqft).
- Rented since October 2013 on 6 Ejari contracts, from AED 100,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 3.5%, before a service charge of about AED 21,000 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 8 January 2025.
Questions about 1504, The Residences 7 (T3)
What did unit 1504 last sell for?
AED 2,275,000 on 8 January 2025: AED 2,486 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 1,048,800 in September 2010.
What is the rent for unit 1504?
AED 80,000 a year on the contract renewed on 4 July 2020. The previous contract, from July 2019, was AED 80,000; the unit has been rented since October 2013.
How big is unit 1504?
915 sqft (85.0 sqm): a one-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.
What is unit 1504 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 1504, The Residences 7 (T3)
Starts from the last sale price (AED 2.28M, 8 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,275,000
- Deposit, UAE resident (20%)
- AED 455,000
- Deposit, non-resident (40%)
- AED 910,000
- Monthly over 25 years at 3.7%
- AED 9,308
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →