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1-bed · 1,046 sqftThe Residences 7 (T3), Downtown Dubai · 16th floor · completed 2007

1605, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in September 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 5 September 2010
Last soldAED 988K5 September 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1605, The Residences 7 (T3)

What is 1605 worth today?

Last sold for AED 987,800 in 2010

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5 Sep 2010Sold by developerReady
AED 987,800AED 944 per sqft

Source: Dubai Land Department. Updated 5 September 2010.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
16th of 40
Parking
277
Developer
Emaar
Completed
2007
Service charge
AED 24,100 /yr
Last sold
AED 988K · September 2010
Building
The Residences 7 (T3)

About 1605, The Residences 7 (T3)

1605 is a one-bedroom apartment of 1,046 sqft on the 16th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 5 September 2010 for AED 987,800, or AED 944 per sqft, 18% below the AED 1,152 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, September 2010: AED 987,800 (AED 944 per sqft)

1605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in The Residences 7 (T3)
75K100K125K2012201620202024Typical 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 125,000

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 1605 sits

All 84 1-beds →

1605 last sold in September 2010 at AED 944 per sqft, 18% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,152). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Apr 20262,050,000
12 Sep 20252,500,000
20 Aug 20252,305,000
25 Jul 20252,180,000
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 16th floor

All 189 units in The Residences 7 (T3)
Value
16012-bedAED 4M · Mar 2013
16023-bedAED 1.44M · Jul 2009
16032-bedAED 3.5M · Aug 2022
16041-bedAED 2.18M · Jul 2025

1605, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 5 September 2010 for AED 987,800, or AED 944 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 5 September 2010.

Questions about 1605, The Residences 7 (T3)

What did unit 1605 last sell for?

AED 987,800 on 5 September 2010, sold by the developer: AED 944 per sqft for 1,046 sqft. It is the only registered sale of the unit.

How big is unit 1605?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 16th floor of a 40-storey tower completed in 2007.

What is unit 1605 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 1605, The Residences 7 (T3)

Starts from the last sale price (AED 988K, 5 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 987,800
Deposit, UAE resident (20%)
AED 197,560
Deposit, non-resident (40%)
AED 395,120
Monthly over 25 years at 3.7%
AED 4,041

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