2003, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in March 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2003, The Residences 7 (T3)
What is 2003 worth today?
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Source: Dubai Land Department. Updated 18 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,650 sqft
- Floor
- 20th of 40
- Parking
- 233
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 38,000 /yr
- Last sold
- AED 3.82M · March 2024
- Building
- The Residences 7 (T3)
About 2003, The Residences 7 (T3)
2003 is a two-bedroom apartment of 1,650 sqft on the 20th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 18 March 2024 for AED 3,815,000, or AED 2,312 per sqft, in line with the AED 2,312 two-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 25 October 2022, is AED 137,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 38,000 a year.
Sales and rents for 2003 over time
2003 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2003 sits
All 72 2-beds →2003 last sold in March 2024 at AED 2,312 per sqft, in line with what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,312). 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. 2003's AED 137,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Feb 202624 February 2026 | 1,650 sqft | 5,100,000 | 3,090 | ||
| 25 Dec 202525 December 2025 | 825 sqft | 2,562,500 | 3,106 | ||
| 24 Dec 202524 December 2025 | 825 sqft | 2,562,500 | 3,105 | ||
| 10 Dec 202510 December 2025 | 1,650 sqft | 5,125,000 | 3,106 |
The Residences 7 (T3)
Building189 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%
Other units on the 20th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,452 sqft | AED 3.44MAED 3,437,888 · Aug 2010August 2010 | 210,000 /yr | |
| 2002 | 3-bed | 2,082 sqft | AED 6.75MAED 6,750,000 · Feb 2025February 2025 | ||
| 2004 | 1-bed | 915 sqft | AED 1.97MAED 1,970,000 · Aug 2015August 2015 | 109,700 /yr | |
| 2005 | 1-bed | 1,046 sqft | AED 1.06MAED 1,060,000 · Feb 2011February 2011 | 135,000 /yr |
2003, The Residences 7 (T3) in numbers
- Sold twice: first on 2 November 2009 for AED 1,132,755, last on 18 March 2024 for AED 3,815,000 (AED 2,312 per sqft).
- Rented since September 2016 on 3 Ejari contracts, from AED 190,000 to AED 137,000 a year.
- At AED 137,000 a year the gross yield on the 2024 price is 3.6%, 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 18 March 2024.
Questions about 2003, The Residences 7 (T3)
What did unit 2003 last sell for?
AED 3,815,000 on 18 March 2024: AED 2,312 per sqft for 1,650 sqft. The unit has 2 registered sales; the first was AED 1,132,755 in November 2009.
What is the rent for unit 2003?
AED 137,000 a year on the contract signed on 25 October 2022. The previous contract, from October 2017, was AED 170,001; the unit has been rented since September 2016.
How big is unit 2003?
1,650 sqft (153.3 sqm): a two-bedroom apartment on the 20th floor of a 40-storey tower completed in 2007.
What is unit 2003 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 2003, The Residences 7 (T3)
Starts from the last sale price (AED 3.82M, 18 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,815,000
- Deposit, UAE resident (20%)
- AED 763,000
- Deposit, non-resident (40%)
- AED 1,526,000
- Monthly over 25 years at 3.7%
- AED 15,608
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →