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2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 19th floor · completed 2007

1901, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in July 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 23 July 2012
Last soldAED 2.93M23 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1901, The Residences 7 (T3)

What is 1901 worth today?

Last sold for AED 2,930,000 in 2012

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23 Jul 2012SoldReady
AED 2,930,000AED 2,017 per sqft
31 Aug 2010Sold by developerReady
AED 1,816,800AED 1,251 per sqft

Source: Dubai Land Department. Updated 23 July 2012.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
19th of 40
Parking
221
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 2.93M · July 2012
Building
The Residences 7 (T3)

About 1901, The Residences 7 (T3)

1901 is a two-bedroom apartment of 1,452 sqft on the 19th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 23 July 2012 for AED 2,930,000, or AED 2,017 per sqft, 27% above the AED 1,583 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1901 over time

Sales
Unit 1901, 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, August 2010: AED 1,816,800 (AED 1,251 per sqft)Sold, July 2012: AED 2,930,000 (AED 2,017 per sqft)

1901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1901, each contractTypical two-bed in The Residences 7 (T3)
150K200K2012201620202024Typical 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 200,000

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 1901 sits

All 72 2-beds →

1901 last sold in July 2012 at AED 2,017 per sqft, 27% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,583). 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.

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 19th floor

All 189 units in The Residences 7 (T3)
Value
19023-bedAED 1.46M · Mar 2010
19032-bedAED 5M · Sep 2014
19041-bedAED 1.77M · Mar 2017
19051-bedAED 29K · Sep 2019

1901, The Residences 7 (T3) in numbers

  • Sold twice: first on 31 August 2010 for AED 1,816,800, last on 23 July 2012 for AED 2,930,000 (AED 2,017 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 23 July 2012.

Questions about 1901, The Residences 7 (T3)

What did unit 1901 last sell for?

AED 2,930,000 on 23 July 2012: AED 2,017 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,816,800 in August 2010.

How big is unit 1901?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 19th floor of a 40-storey tower completed in 2007.

What is unit 1901 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 1901, The Residences 7 (T3)

Starts from the last sale price (AED 2.93M, 23 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,930,000
Deposit, UAE resident (20%)
AED 586,000
Deposit, non-resident (40%)
AED 1,172,000
Monthly over 25 years at 3.7%
AED 11,988

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