2-bed · 1,650 sqftThe Residences 7 (T3), Downtown Dubai · 17th floor · completed 2007

1703, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 2.12M1 November 2009
Current rentAED 132K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, The Residences 7 (T3)

What is 1703 worth today?

Last sold for AED 2,124,212 in 2009

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25 Oct 2026RentedNew contract
AED 132,250/yr12 months · AED 80 per sqft
25 Oct 2025RentedRenewal
AED 130,000/yr12 months · AED 79 per sqft
25 Oct 2025RentedRenewal
AED 132,250/yr12 months · AED 80 per sqft
25 Oct 2024RentedRenewal
AED 140,000/yr12 months · AED 85 per sqft
25 Oct 2024RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft
25 Oct 2023RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft
25 Oct 2022RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft
25 Oct 2021RentedRenewal
AED 115,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
2-bed apartment
Size
1,650 sqft
Floor
17th of 40
Parking
471
Developer
Emaar
Completed
2007
Service charge
AED 38,000 /yr
Last sold
AED 2.12M · November 2009

About 1703, The Residences 7 (T3)

1703 is a two-bedroom apartment of 1,650 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 2,124,212, or AED 1,287 per sqft, 5% below the AED 1,353 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, signed on 25 October 2026, is AED 132,250 a year: a gross yield of 6.2% on the 2009 price, before the service charge of about AED 38,000 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, each saleTypical two-bed in The Residences 7 (T3)
2M4M2008201320182023Typical sale price by year: 2008 AED 2,521,844; 2009 AED 2,124,212; 2010 AED 2,443,888; 2011 AED 2,280,444; 2012 AED 3,000,000; 2013 AED 3,900,000; 2014 AED 4,900,000; 2015 AED 4,800,000; 2017 AED 3,900,000; 2021 AED 2,475,000; 2022 AED 3,175,000; 2023 AED 2,850,000; 2024 AED 3,732,500; 2025 AED 4,050,000Sold by developer, November 2009: AED 2,124,212 (AED 1,287 per sqft)

1703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, each contractTypical two-bed in The Residences 7 (T3)
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 178,000; 2014 AED 195,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 161,250; 2019 AED 145,000; 2020 AED 128,900; 2021 AED 125,000; 2022 AED 135,490; 2023 AED 180,000; 2024 AED 180,000; 2025 AED 200,000; 2026 AED 200,000New contract, April 2014: AED 200,000 a yearNew contract, May 2015: AED 200,000 a yearRenewal, May 2016: AED 195,000 a yearRenewal, May 2017: AED 195,000 a yearNew contract, September 2018: AED 150,000 a yearRenewal, September 2019: AED 150,000 a yearNew contract, October 2020: AED 115,000 a yearRenewal, October 2021: AED 115,000 a yearRenewal, October 2022: AED 115,000 a yearRenewal, October 2023: AED 115,000 a yearRenewal, October 2024: AED 140,000 a yearRenewal, October 2024: AED 115,000 a yearRenewal, October 2025: AED 130,000 a yearRenewal, October 2025: AED 132,250 a yearNew contract, October 2026: AED 132,250 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences 7 (T3), and where 1703 sits

All 72 2-beds →

1703 last sold in November 2009 at AED 1,287 per sqft, 5% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,353). Over the last 12 months two-beds sold for AED 2,562,500 to 5,125,000, around AED 3,106 per sqft, and rent for AED 70,000 to 290,000 a year. 1703's AED 132,250 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Feb 20265,100,000
25 Dec 20252,562,500
24 Dec 20252,562,500
10 Dec 20255,125,000
4 2-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
17023-bedAED 2.72M · Nov 2009
17041-bedAED 1.06M · Aug 2010
17051-bedAED 991K · Aug 2010

1703, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 1 November 2009 for AED 2,124,212, or AED 1,287 per sqft.
  • Rented since April 2014 on 15 Ejari contracts. The rent fell from AED 200,000 to AED 115,000 in 2024 and recovered to AED 132,250 by October 2026.
  • At AED 132,250 a year the gross yield on the 2009 price is 6.2%, before a service charge of about AED 38,000 a year (AED 23.00 per sqft).
  • Two-beds in The Residences 7 (T3) sold for AED 2,562,500–5,125,000 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 25 October 2026.

Questions about 1703, The Residences 7 (T3)

What did unit 1703 last sell for?

AED 2,124,212 on 1 November 2009, sold by the developer: AED 1,287 per sqft for 1,650 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 132,250 a year on the contract signed on 25 October 2026. The previous contract, from October 2025, was AED 130,000; the unit has been rented since April 2014.

How big is unit 1703?

1,650 sqft (153.3 sqm): a two-bedroom apartment on the 17th floor of a 40-storey tower completed in 2007.

What is unit 1703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 7 (T3) sold for AED 2,562,500 to 5,125,000 in the last 12 months, around AED 3,106 per sqft.

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Mortgage on 1703, The Residences 7 (T3)

Starts from the last sale price (AED 2.12M, 1 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,124,212
Deposit, UAE resident (20%)
AED 424,842
Deposit, non-resident (40%)
AED 849,685
Monthly over 25 years at 3.7%
AED 8,691

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