1-bed · 915 sqftThe Residences 7 (T3), Downtown Dubai · 23rd floor · completed 2007

2304, The Residences 7 (T3)

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.48M28 March 2022
Current rentAED 125K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, The Residences 7 (T3)

What is 2304 worth today?

Last sold for AED 1,475,000 in 2022

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15 Feb 2026RentedRenewal
AED 125,000/yr12 months · AED 137 per sqft
15 Feb 2025RentedNew contract
AED 125,000/yr12 months · AED 137 per sqft
15 Feb 2025RentedNew contract
AED 125,000/yr12 months · AED 137 per sqft
15 Feb 2024RentedRenewal
AED 130,000/yr12 months · AED 142 per sqft
15 Feb 2023RentedNew contract
AED 130,000/yr12 months · AED 142 per sqft
28 Mar 2022SoldReady
AED 1,475,000AED 1,611 per sqft
8 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 98 per sqft
16 Sep 2015SoldReady
AED 1,770,000AED 1,934 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
23rd of 40
Parking
72
Developer
Emaar
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.48M · March 2022

About 2304, The Residences 7 (T3)

2304 is a one-bedroom apartment of 915 sqft on the 23rd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 28 March 2022 for AED 1,475,000, or AED 1,611 per sqft, 13% above the AED 1,431 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 125,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 21,000 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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 by developer, September 2012: AED 1,088,800 (AED 1,189 per sqft)Sold, September 2015: AED 1,770,000 (AED 1,934 per sqft)Sold, March 2022: AED 1,475,000 (AED 1,611 per sqft)

2304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, 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 125,000New contract, November 2013: AED 88,500 a yearRenewal, November 2014: AED 95,000 a yearNew contract, December 2019: AED 90,000 a yearNew contract, February 2023: AED 130,000 a yearRenewal, February 2024: AED 130,000 a yearNew contract, February 2025: AED 125,000 a yearNew contract, February 2025: AED 125,000 a yearRenewal, February 2026: AED 125,000 a year

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 2304 sits

All 84 1-beds →

2304 last sold in March 2022 at AED 1,611 per sqft, 13% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,431). 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. 2304's AED 125,000 is in the upper half of that range.

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 →

Other units on the 23rd floor

All 189 units in The Residences 7 (T3)
Value
23012-bedAED 2.72M · Sep 2009
23023-bedAED 2.86M · Nov 2009
23032-bedAED 2.19M · Nov 2009
23051-bedAED 1.01M · Oct 2008

2304, The Residences 7 (T3) in numbers

  • Sold 3 times: first on 30 September 2012 for AED 1,088,800, last on 28 March 2022 for AED 1,475,000 (AED 1,611 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 88,500 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 21,000 a year (AED 23.00 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 15 February 2026.

Questions about 2304, The Residences 7 (T3)

What did unit 2304 last sell for?

AED 1,475,000 on 28 March 2022: AED 1,611 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 1,088,800 in September 2012.

What is the rent for unit 2304?

AED 125,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 125,000; the unit has been rented since November 2013.

How big is unit 2304?

915 sqft (85.0 sqm): a one-bedroom apartment on the 23rd floor of a 40-storey tower completed in 2007.

What is unit 2304 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.

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Mortgage on 2304, The Residences 7 (T3)

Starts from the last sale price (AED 1.48M, 28 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,000
Deposit, UAE resident (20%)
AED 295,000
Deposit, non-resident (40%)
AED 590,000
Monthly over 25 years at 3.7%
AED 6,035

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