Home
Dubai prices
About
Research
2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 22nd floor · completed 2007

2201, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in October 2008, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 7 October 2022
Last soldAED 2M30 October 2008
Current rentAED 160K /yr7 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2201

Property timeline for 2201, The Residences 7 (T3)

What is 2201 worth today?

Last sold for AED 2,000,000 in 2008

Unlock today's estimate, updated daily, with

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

7 Oct 2022RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft
30 Oct 2008Sold by developerReady
AED 2,000,000AED 1,377 per sqft

Source: Dubai Land Department. Updated 7 October 2022.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
22nd of 40
Parking
222
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 2M · October 2008
Building
The Residences 7 (T3)

About 2201, The Residences 7 (T3)

2201 is a two-bedroom apartment of 1,452 sqft on the 22nd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 30 October 2008 for AED 2,000,000, or AED 1,377 per sqft, 23% below the AED 1,790 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 October 2022. The current contract, signed on 7 October 2022, is AED 160,000 a year: a gross yield of 8.0% on the 2008 price, before the service charge of about AED 33,400 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, October 2008: AED 2,000,000 (AED 1,377 per sqft)

2201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, 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 200,000New contract, October 2022: AED 160,000 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 2201 sits

All 72 2-beds →

2201 last sold in October 2008 at AED 1,377 per sqft, 23% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,790). 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. 2201's AED 160,000 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 22nd floor

All 189 units in The Residences 7 (T3)
Value
22023-bedAED 4M · Nov 2024
22032-bedAED 1.47M · Feb 2012
22041-bedAED 1.7M · Dec 2017
22051-bedAED 1.01M · Nov 2008

2201, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 30 October 2008 for AED 2,000,000, or AED 1,377 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2008 price is 8.0%, before a service charge of about AED 33,400 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 7 October 2022.

Questions about 2201, The Residences 7 (T3)

What did unit 2201 last sell for?

AED 2,000,000 on 30 October 2008, sold by the developer: AED 1,377 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 2201?

AED 160,000 a year on the contract signed on 7 October 2022.

How big is unit 2201?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 22nd floor of a 40-storey tower completed in 2007.

What is unit 2201 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.

Selling 2201? 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 2201, The Residences 7 (T3)

Starts from the last sale price (AED 2M, 30 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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