1-bed · 1,046 sqftThe Residences 7 (T3), Downtown Dubai · 15th floor · completed 2007

1505, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in August 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 2.31M20 August 2025
Current rentAED 137K /yr2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, The Residences 7 (T3)

What is 1505 worth today?

Last sold for AED 2,305,000 in 2025

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20 Aug 2025SoldReady
AED 2,305,000AED 2,203 per sqft
2 Apr 2024RentedNew contract
AED 136,500/yr12 months · AED 131 per sqft
2 Apr 2023RentedNew contract
AED 130,000/yr12 months · AED 125 per sqft
6 May 2010Sold by developerReady
AED 984,800AED 941 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
15th of 40
Parking
287
Developer
Emaar
Completed
2007
Service charge
AED 24,100 /yr
Last sold
AED 2.31M · August 2025

About 1505, The Residences 7 (T3)

1505 is a one-bedroom apartment of 1,046 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 20 August 2025 for AED 2,305,000, or AED 2,203 per sqft, in line with the AED 2,211 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 2 April 2024, is AED 136,500 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 24,100 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical one-bed in The Residences 7 (T3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,029,800; 2009 AED 1,098,800; 2010 AED 1,058,800; 2011 AED 1,045,900; 2012 AED 1,442,444; 2013 AED 1,650,000; 2014 AED 1,950,000; 2015 AED 1,950,000; 2017 AED 1,735,000; 2019 AED 1,300,000; 2021 AED 1,262,500; 2022 AED 1,510,000; 2023 AED 1,750,000; 2024 AED 1,900,000; 2025 AED 2,250,000Sold by developer, May 2010: AED 984,800 (AED 941 per sqft)Sold, August 2025: AED 2,305,000 (AED 2,203 per sqft)

1505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, each contractTypical one-bed in The Residences 7 (T3)
100K2012201620202024Typical rent by year: 2012 AED 81,500; 2013 AED 101,250; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 92,000; 2020 AED 82,500; 2021 AED 79,500; 2022 AED 85,001; 2023 AED 100,000; 2024 AED 115,000; 2025 AED 122,000; 2026 AED 125,000New contract, April 2023: AED 130,000 a yearNew contract, April 2024: AED 136,500 a year

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 1505 sits

All 84 1-beds →

1505 last sold in August 2025 at AED 2,203 per sqft, in line with what one-beds in The Residences 7 (T3) were fetching at the time (AED 2,211). 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. 1505's AED 136,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Apr 20262,050,000
12 Sep 20252,500,000
25 Jul 20252,180,000
29 May 20252,250,000
1 1-bed sale in the last 12 months

The Residences 7 (T3)

Building

189 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%
The Residences 7 (T3), Downtown Dubai: prices, sales and rents →

Other units on the 15th floor

All 189 units in The Residences 7 (T3)
Value
15012-bedAED 4.05M · Jul 2025
15023-bedAED 2.78M · Mar 2010
15032-bedAED 4.01M · Sep 2024
15041-bedAED 2.28M · Jan 2025

1505, The Residences 7 (T3) in numbers

  • Sold twice: first on 6 May 2010 for AED 984,800, last on 20 August 2025 for AED 2,305,000 (AED 2,203 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 130,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2025 price is 5.9%, 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 20 August 2025.

Questions about 1505, The Residences 7 (T3)

What did unit 1505 last sell for?

AED 2,305,000 on 20 August 2025: AED 2,203 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 984,800 in May 2010.

What is the rent for unit 1505?

AED 136,500 a year on the contract signed on 2 April 2024. The previous contract, from April 2023, was AED 130,000.

How big is unit 1505?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 15th floor of a 40-storey tower completed in 2007.

What is unit 1505 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 1505, The Residences 7 (T3)

Starts from the last sale price (AED 2.31M, 20 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,305,000
Deposit, UAE resident (20%)
AED 461,000
Deposit, non-resident (40%)
AED 922,000
Monthly over 25 years at 3.7%
AED 9,430

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →