2305, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2305, The Residences 7 (T3)
What is 2305 worth today?
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Source: Dubai Land Department. Updated 30 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 23rd of 40
- Parking
- 275
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 1.01M · October 2008
- Building
- The Residences 7 (T3)
About 2305, The Residences 7 (T3)
2305 is a one-bedroom apartment of 1,046 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 30 October 2008 for AED 1,008,800, or AED 964 per sqft, 12% below the AED 1,096 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 30 April 2024, is AED 120,000 a year: a gross yield of 11.9% on the 2008 price, before the service charge of about AED 24,100 a year.
Sales and rents for 2305 over time
2305 has sold once; the dashed line is the one-bed median of each year in the building.
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 2305 sits
All 84 1-beds →2305 last sold in October 2008 at AED 964 per sqft, 12% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,096). 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. 2305's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20269 April 2026 | 915 sqft | 2,050,000 | 2,240 | ||
| 12 Sep 202512 September 2025 | 915 sqft | 2,500,000 | 2,732 | ||
| 20 Aug 202520 August 2025 | 1,046 sqft | 2,305,000 | 2,203 | ||
| 25 Jul 202525 July 2025 | 915 sqft | 2,180,000 | 2,382 |
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 | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,452 sqft | AED 2.72MAED 2,716,888 · Sep 2009September 2009 | 150,150 /yr | |
| 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, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 30 October 2008 for AED 1,008,800, or AED 964 per sqft.
- Rented since May 2019 on 6 Ejari contracts, from AED 97,850 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2008 price is 11.9%, before a service charge of about AED 24,100 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 30 April 2024.
Questions about 2305, The Residences 7 (T3)
What did unit 2305 last sell for?
AED 1,008,800 on 30 October 2008, sold by the developer: AED 964 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 2305?
AED 120,000 a year on the contract renewed on 30 April 2024. The previous contract, from April 2023, was AED 120,000; the unit has been rented since May 2019.
How big is unit 2305?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 23rd floor of a 40-storey tower completed in 2007.
What is unit 2305 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 2305, The Residences 7 (T3)
Starts from the last sale price (AED 1.01M, 30 October 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,008,800
- Deposit, UAE resident (20%)
- AED 201,760
- Deposit, non-resident (40%)
- AED 403,520
- Monthly over 25 years at 3.7%
- AED 4,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →