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3-bed · 2,082 sqftThe Residences 7 (T3), Downtown Dubai · 22nd floor · completed 2007

2202, The Residences 7 (T3)

Sold prices and rental history: sold 5 times, last in November 2024, and rented once, from July 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 4M21 November 2024
Current rentAED 190K /yr5 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2202, The Residences 7 (T3)

What is 2202 worth today?

Last sold for AED 4,000,000 in 2024

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21 Nov 2024SoldReady
AED 4,000,000AED 1,921 per sqft
23 Jun 2014SoldReady
AED 8,200,000AED 3,938 per sqft
25 Jun 2013SoldReady
AED 6,500,000AED 3,122 per sqft
5 Jul 2012RentedNew contract
AED 190,000/yr12 months · AED 91 per sqft
26 Oct 2008Sold by developerReady
AED 2,994,800AED 1,438 per sqft
26 Oct 2008SoldReady
AED 6,600,000AED 3,170 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
22nd of 40
Parking
229 / 230
Developer
Emaar
Completed
2007
Service charge
AED 47,900 /yr
Last sold
AED 4M · November 2024
Building
The Residences 7 (T3)

About 2202, The Residences 7 (T3)

2202 is a three-bedroom apartment of 2,082 sqft on the 22nd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 21 November 2024 for AED 4,000,000, or AED 1,921 per sqft, 12% below the AED 2,184 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 July 2012. The current contract, signed on 5 July 2012, is AED 190,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 47,900 a year.

Sales and rents for 2202 over time

Sales
Unit 2202, each saleTypical three-bed in The Residences 7 (T3)
5M2008201320182023Typical sale price by year: 2008 AED 3,045,800; 2009 AED 2,152,256; 2010 AED 3,196,888; 2011 AED 3,300,000; 2012 AED 4,024,888; 2014 AED 7,625,000; 2015 AED 6,700,000; 2020 AED 3,864,250; 2021 AED 3,900,000; 2022 AED 5,600,000; 2024 AED 5,374,428; 2025 AED 6,725,000Sold by developer, October 2008: AED 2,994,800 (AED 1,438 per sqft)Sold, October 2008: AED 6,600,000 (AED 3,170 per sqft)Sold, June 2013: AED 6,500,000 (AED 3,122 per sqft)Sold, June 2014: AED 8,200,000 (AED 3,938 per sqft)Sold, November 2024: AED 4,000,000 (AED 1,921 per sqft)

2202 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2202, each contractTypical three-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 230,000; 2014 AED 290,000; 2015 AED 290,000; 2016 AED 279,500; 2017 AED 270,000; 2018 AED 234,552; 2019 AED 210,000; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 250,000; 2024 AED 250,000; 2025 AED 280,000; 2026 AED 300,000New contract, July 2012: AED 190,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Residences 7 (T3), and where 2202 sits

All 37 3-beds →

2202 last sold in November 2024 at AED 1,921 per sqft, 12% below what three-beds in The Residences 7 (T3) were fetching at the time (AED 2,184). 2202's AED 190,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20256,200,000
28 May 20256,950,000
19 Feb 20256,750,000
29 Jan 20256,700,000
0 3-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
22012-bedAED 2M · Oct 2008
22032-bedAED 1.47M · Feb 2012
22041-bedAED 1.7M · Dec 2017
22051-bedAED 1.01M · Nov 2008

2202, The Residences 7 (T3) in numbers

  • Sold 5 times: first on 26 October 2008 for AED 6,600,000, last on 21 November 2024 for AED 4,000,000 (AED 1,921 per sqft).
  • Rented since July 2012 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 21 November 2024.

Questions about 2202, The Residences 7 (T3)

What did unit 2202 last sell for?

AED 4,000,000 on 21 November 2024: AED 1,921 per sqft for 2,082 sqft. The unit has 5 registered sales; the first was AED 6,600,000 in October 2008.

What is the rent for unit 2202?

AED 190,000 a year on the contract signed on 5 July 2012.

How big is unit 2202?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 22nd floor of a 40-storey tower completed in 2007.

What is unit 2202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2202, The Residences 7 (T3)

Starts from the last sale price (AED 4M, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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