2301, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2301, The Residences 7 (T3)
What is 2301 worth today?
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Source: Dubai Land Department. Updated 16 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 23rd of 40
- Parking
- 106
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 33,400 /yr
- Last sold
- AED 2.72M · September 2009
- Building
- The Residences 7 (T3)
About 2301, The Residences 7 (T3)
2301 is a two-bedroom apartment of 1,452 sqft on the 23rd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 14 September 2009 for AED 2,716,888, or AED 1,871 per sqft, 31% above the AED 1,427 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 16 May 2024, is AED 150,150 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 33,400 a year.
Sales and rents for 2301 over time
2301 has sold once; 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 2301 sits
All 72 2-beds →2301 last sold in September 2009 at AED 1,871 per sqft, 31% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,427). 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. 2301's AED 150,150 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 23rd floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2302 | 3-bed | 2,082 sqft | AED 2.86MAED 2,856,472 · Nov 2009November 2009 | 201,250 /yr | |
| 2303 | 2-bed | 1,650 sqft | AED 2.19MAED 2,192,832 · Nov 2009November 2009 | 136,500 /yr | |
| 2304 | 1-bed | 915 sqft | AED 1.48MAED 1,475,000 · Mar 2022March 2022 | 125,000 /yr | |
| 2305 | 1-bed | 1,046 sqft | AED 1.01MAED 1,008,800 · Oct 2008October 2008 | 120,000 /yr |
2301, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 14 September 2009 for AED 2,716,888, or AED 1,871 per sqft.
- Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 147,000 to AED 130,000 in 2021 and recovered to AED 150,150 by May 2024.
- At AED 150,150 a year the gross yield on the 2009 price is 5.5%, 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 16 May 2024.
Questions about 2301, The Residences 7 (T3)
What did unit 2301 last sell for?
AED 2,716,888 on 14 September 2009, sold by the developer: AED 1,871 per sqft for 1,452 sqft. It is the only registered sale of the unit.
What is the rent for unit 2301?
AED 150,150 a year on the contract renewed on 16 May 2024. The previous contract, from May 2023, was AED 143,000; the unit has been rented since May 2014.
How big is unit 2301?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 23rd floor of a 40-storey tower completed in 2007.
What is unit 2301 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 2301, The Residences 7 (T3)
Starts from the last sale price (AED 2.72M, 14 September 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,716,888
- Deposit, UAE resident (20%)
- AED 543,378
- Deposit, non-resident (40%)
- AED 1,086,755
- Monthly over 25 years at 3.7%
- AED 11,116
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →