1-bed · 1,237 sqftThe Residences 7 (T3), Downtown Dubai · 2nd floor · completed 2007

201, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in November 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 26 November 2008
Last soldAED 1.68M26 November 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, The Residences 7 (T3)

What is 201 worth today?

Last sold for AED 1,675,000 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Nov 2008SoldReady
AED 1,675,000AED 1,354 per sqft
18 Nov 2008Sold by developerReady
AED 2,500,000AED 2,021 per sqft

Source: Dubai Land Department. Updated 26 November 2008.

Key facts

Type
1-bed apartment
Size
1,237 sqft
Floor
2nd of 40
Parking
593
Developer
Emaar
Completed
2007
Service charge
AED 28,500 /yr
Last sold
AED 1.68M · November 2008

About 201, The Residences 7 (T3)

201 is a one-bedroom apartment of 1,237 sqft on the 2nd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 26 November 2008 for AED 1,675,000, or AED 1,354 per sqft, 22% above the AED 1,113 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 201 over time

Sales
Unit 201, 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, November 2008: AED 1,675,000 (AED 1,354 per sqft)Sold by developer, November 2008: AED 2,500,000 (AED 2,021 per sqft)

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

Rents
Unit 201, 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 125,000

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 201 sits

All 84 1-beds →

201 last sold in November 2008 at AED 1,354 per sqft, 22% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,113). 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.

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 →

201, The Residences 7 (T3) in numbers

  • Sold twice: first on 18 November 2008 for AED 2,500,000, last on 26 November 2008 for AED 1,675,000 (AED 1,354 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 26 November 2008.

Questions about 201, The Residences 7 (T3)

What did unit 201 last sell for?

AED 1,675,000 on 26 November 2008: AED 1,354 per sqft for 1,237 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in November 2008.

How big is unit 201?

1,237 sqft (114.9 sqm): a one-bedroom apartment on the 2nd floor of a 40-storey tower completed in 2007.

What is unit 201 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.

Selling 201? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 201, The Residences 7 (T3)

Starts from the last sale price (AED 1.68M, 26 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

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