1-bed · 915 sqftThe Residences 7 (T3), Downtown Dubai · 17th floor · completed 2007

1704, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 1.06M29 August 2010
Current rentAED 120K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, The Residences 7 (T3)

What is 1704 worth today?

Last sold for AED 1,058,800 in 2010

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20 Dec 2025RentedRenewal
AED 120,000/yr12 months · AED 131 per sqft
20 Dec 2024RentedRenewal
AED 105,000/yr12 months · AED 115 per sqft
20 Dec 2023RentedRenewal
AED 90,000/yr12 months · AED 98 per sqft
21 Dec 2022RentedRenewal
AED 78,000/yr12 months · AED 85 per sqft
21 Dec 2021RentedRenewal
AED 73,500/yr12 months · AED 80 per sqft
21 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
21 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
14 Aug 2016RentedNew contract
AED 100,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
17th of 40
Parking
117
Developer
Emaar
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.06M · August 2010

About 1704, The Residences 7 (T3)

1704 is a one-bedroom apartment of 915 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 29 August 2010 for AED 1,058,800, or AED 1,157 per sqft, in line with the AED 1,168 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 120,000 a year: a gross yield of 11.3% on the 2010 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, August 2010: AED 1,058,800 (AED 1,157 per sqft)

1704 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, 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 125,000New contract, November 2014: AED 115,000 a yearNew contract, August 2016: AED 100,000 a yearNew contract, December 2019: AED 75,000 a yearRenewal, December 2020: AED 70,000 a yearRenewal, December 2021: AED 73,500 a yearRenewal, December 2022: AED 78,000 a yearRenewal, December 2023: AED 90,000 a yearRenewal, December 2024: AED 105,000 a yearRenewal, December 2025: AED 120,000 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 1704 sits

All 84 1-beds →

1704 last sold in August 2010 at AED 1,157 per sqft, in line with what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,168). 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. 1704's AED 120,000 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
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 17th floor

All 189 units in The Residences 7 (T3)
Value
17012-bedAED 5M · Oct 2014
17023-bedAED 2.72M · Nov 2009
17032-bedAED 2.12M · Nov 2009
17051-bedAED 991K · Aug 2010

1704, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 29 August 2010 for AED 1,058,800, or AED 1,157 per sqft.
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2020 and recovered to AED 120,000 by December 2025.
  • At AED 120,000 a year the gross yield on the 2010 price is 11.3%, 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 20 December 2025.

Questions about 1704, The Residences 7 (T3)

What did unit 1704 last sell for?

AED 1,058,800 on 29 August 2010, sold by the developer: AED 1,157 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit 1704?

AED 120,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 105,000; the unit has been rented since November 2014.

How big is unit 1704?

915 sqft (85.0 sqm): a one-bedroom apartment on the 17th floor of a 40-storey tower completed in 2007.

What is unit 1704 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 1704, The Residences 7 (T3)

Starts from the last sale price (AED 1.06M, 29 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,058,800
Deposit, UAE resident (20%)
AED 211,760
Deposit, non-resident (40%)
AED 423,520
Monthly over 25 years at 3.7%
AED 4,332

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