3-bed · 2,082 sqftThe Residences 7 (T3), Downtown Dubai · 17th floor · completed 2007

1702, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 10 December 2025
Last soldAED 2.72M1 November 2009
Current rentAED 252K /yr10 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, The Residences 7 (T3)

What is 1702 worth today?

Last sold for AED 2,721,112 in 2009

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10 Dec 2025RentedRenewal
AED 252,000/yr12 months · AED 121 per sqft
10 Dec 2024RentedNew contract
AED 240,000/yr12 months · AED 116 per sqft
9 Apr 2022RentedRenewal
AED 200,000/yr12 months · AED 96 per sqft
9 Apr 2021RentedRenewal
AED 185,000/yr12 months · AED 89 per sqft
9 Apr 2020RentedRenewal
AED 200,000/yr12 months · AED 96 per sqft
9 Apr 2019RentedRenewal
AED 215,000/yr12 months · AED 103 per sqft
9 Apr 2018RentedNew contract
AED 230,000/yr12 months · AED 111 per sqft
1 Aug 2015RentedNew contract
AED 242,550/yr6 months · AED 117 per sqft

Source: Dubai Land Department. Updated 10 December 2025.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
17th of 40
Parking
561 / 562
Developer
Emaar
Completed
2007
Service charge
AED 47,900 /yr
Last sold
AED 2.72M · November 2009

About 1702, The Residences 7 (T3)

1702 is a three-bedroom apartment of 2,082 sqft on the 17th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 1 November 2009 for AED 2,721,112, or AED 1,306 per sqft, in line with the AED 1,306 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 December 2025, is AED 252,000 a year: a gross yield of 9.3% on the 2009 price, before the service charge of about AED 47,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical three-bed in The Residences 7 (T3)
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 3,045,800; 2009 AED 2,152,256; 2010 AED 3,196,888; 2011 AED 3,300,000; 2012 AED 4,024,888; 2014 AED 7,625,000; 2015 AED 6,700,000; 2020 AED 3,864,250; 2021 AED 3,900,000; 2022 AED 5,600,000; 2024 AED 5,374,428; 2025 AED 6,725,000Sold by developer, November 2009: AED 2,721,112 (AED 1,306 per sqft)

1702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, each contractTypical three-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 230,000; 2014 AED 290,000; 2015 AED 290,000; 2016 AED 279,500; 2017 AED 270,000; 2018 AED 234,552; 2019 AED 210,000; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 250,000; 2024 AED 250,000; 2025 AED 280,000; 2026 AED 300,000New contract, August 2015: AED 242,550 a yearNew contract, April 2018: AED 230,000 a yearRenewal, April 2019: AED 215,000 a yearRenewal, April 2020: AED 200,000 a yearRenewal, April 2021: AED 185,000 a yearRenewal, April 2022: AED 200,000 a yearNew contract, December 2024: AED 240,000 a yearRenewal, December 2025: AED 252,000 a year

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 1702 sits

All 37 3-beds →

1702 last sold in November 2009 at AED 1,306 per sqft, in line with what three-beds in The Residences 7 (T3) were fetching at the time (AED 1,306). 1702's AED 252,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20256,200,000
28 May 20256,950,000
19 Feb 20256,750,000
29 Jan 20256,700,000
0 3-bed sales 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 17th floor

All 189 units in The Residences 7 (T3)
Value
17012-bedAED 5M · Oct 2014
17032-bedAED 2.12M · Nov 2009
17041-bedAED 1.06M · Aug 2010
17051-bedAED 991K · Aug 2010

1702, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 1 November 2009 for AED 2,721,112, or AED 1,306 per sqft.
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 242,550 to AED 185,000 in 2021 and recovered to AED 252,000 by December 2025.
  • At AED 252,000 a year the gross yield on the 2009 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 December 2025.

Questions about 1702, The Residences 7 (T3)

What did unit 1702 last sell for?

AED 2,721,112 on 1 November 2009, sold by the developer: AED 1,306 per sqft for 2,082 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 252,000 a year on the contract renewed on 10 December 2025. The previous contract, from December 2024, was AED 240,000; the unit has been rented since August 2015.

How big is unit 1702?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 17th floor of a 40-storey tower completed in 2007.

What is unit 1702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1702, The Residences 7 (T3)

Starts from the last sale price (AED 2.72M, 1 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,721,112
Deposit, UAE resident (20%)
AED 544,222
Deposit, non-resident (40%)
AED 1,088,445
Monthly over 25 years at 3.7%
AED 11,133

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