2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 24th floor · completed 2007

2401, The Residences 7 (T3)

Sold prices and rental history: sold 4 times, last in July 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 30 July 2025
Last soldAED 5.2M30 July 2025
Current rentAED 155K /yr26 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, The Residences 7 (T3)

What is 2401 worth today?

Last sold for AED 5,200,000 in 2025

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30 Jul 2025SoldReady
AED 5,200,000AED 3,581 per sqft
26 Apr 2025RentedRenewal
AED 155,330/yr4 months · AED 107 per sqft
26 Apr 2025RentedRenewal
AED 155,330/yr4 months · AED 107 per sqft
10 Dec 2024SoldReady
AED 3,650,000AED 2,513 per sqft
1 Aug 2024SoldReady
AED 2,650,000AED 1,824 per sqft
26 Apr 2024RentedRenewal
AED 140,900/yr12 months · AED 97 per sqft
27 Apr 2023RentedRenewal
AED 134,552/yr12 months · AED 93 per sqft
27 Apr 2022RentedRenewal
AED 127,800/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 30 July 2025.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
24th of 40
Parking
105
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 5.2M · July 2025

About 2401, The Residences 7 (T3)

2401 is a two-bedroom apartment of 1,452 sqft on the 24th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 30 July 2025 for AED 5,200,000, or AED 3,581 per sqft, 45% above the AED 2,475 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 26 April 2025, is AED 155,330 a year: a gross yield of 3.0% on the 2025 price, before the service charge of about AED 33,400 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, June 2011: AED 1,522,944 (AED 1,048 per sqft)Sold, August 2024: AED 2,650,000 (AED 1,824 per sqft)Sold, December 2024: AED 3,650,000 (AED 2,513 per sqft)Sold, July 2025: AED 5,200,000 (AED 3,581 per sqft)

2401 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, 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, April 2014: AED 120,000 a yearRenewal, April 2015: AED 138,000 a yearRenewal, April 2016: AED 144,900 a yearRenewal, April 2017: AED 144,900 a yearRenewal, April 2018: AED 144,900 a yearRenewal, April 2019: AED 142,000 a yearNew contract, April 2020: AED 127,800 a yearNew contract, April 2021: AED 127,800 a yearRenewal, April 2022: AED 127,800 a yearRenewal, April 2023: AED 134,552 a yearRenewal, April 2024: AED 140,900 a yearRenewal, April 2025: AED 155,330 a yearRenewal, April 2025: AED 155,330 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 2401 sits

All 72 2-beds →

2401 last sold in July 2025 at AED 3,581 per sqft, 45% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,475). 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. 2401's AED 155,330 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 24th floor

All 189 units in The Residences 7 (T3)
Value
24023-bedAED 6.2M · Jun 2025
24032-bedAED 2.89M · Sep 2010
24041-bedAED 1.09M · Jun 2010
24051-bedAED 1.01M · Jun 2010

2401, The Residences 7 (T3) in numbers

  • Sold 4 times: first on 13 June 2011 for AED 1,522,944, last on 30 July 2025 for AED 5,200,000 (AED 3,581 per sqft).
  • Rented since April 2014 on 13 Ejari contracts, from AED 120,000 to AED 155,330 a year.
  • At AED 155,330 a year the gross yield on the 2025 price is 3.0%, 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 30 July 2025.

Questions about 2401, The Residences 7 (T3)

What did unit 2401 last sell for?

AED 5,200,000 on 30 July 2025: AED 3,581 per sqft for 1,452 sqft. The unit has 4 registered sales; the first was AED 1,522,944 in June 2011.

What is the rent for unit 2401?

AED 155,330 a year on the contract renewed on 26 April 2025. The previous contract, from April 2025, was AED 155,330; the unit has been rented since April 2014.

How big is unit 2401?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 24th floor of a 40-storey tower completed in 2007.

What is unit 2401 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 2401, The Residences 7 (T3)

Starts from the last sale price (AED 5.2M, 30 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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