2402, The Residences 7 (T3)
Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, The Residences 7 (T3)
What is 2402 worth today?
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Source: Dubai Land Department. Updated 4 June 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 24th of 40
- Parking
- 258 / 259
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 47,900 /yr
- Last sold
- AED 6.2M · June 2025
- Building
- The Residences 7 (T3)
About 2402, The Residences 7 (T3)
2402 is a three-bedroom apartment of 2,082 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 4 June 2025 for AED 6,200,000, or AED 2,977 per sqft, 7% below the AED 3,218 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 September 2017, is AED 280,000 a year: a gross yield of 4.5% on the 2025 price, before the service charge of about AED 47,900 a year.
Sales and rents for 2402 over time
2402 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 2402 sits
All 37 3-beds →2402 last sold in June 2025 at AED 2,977 per sqft, 7% below what three-beds in The Residences 7 (T3) were fetching at the time (AED 3,218). 2402's AED 280,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 May 202528 May 2025 | 2,082 sqft | 6,950,000 | 3,338 | ||
| 19 Feb 202519 February 2025 | 2,082 sqft | 6,750,000 | 3,242 | ||
| 29 Jan 202529 January 2025 | 2,082 sqft | 6,700,000 | 3,218 | ||
| 21 Nov 202421 November 2024 | 2,082 sqft | 4,000,000 | 1,921 |
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 24th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,452 sqft | AED 5.2MAED 5,200,000 · Jul 2025July 2025 | 155,330 /yr | |
| 2403 | 2-bed | 1,650 sqft | AED 2.89MAED 2,891,888 · Sep 2010September 2010 | 204,000 /yr | |
| 2404 | 1-bed | 915 sqft | AED 1.09MAED 1,093,800 · Jun 2010June 2010 | 53,300 /yr | |
| 2405 | 1-bed | 1,046 sqft | AED 1.01MAED 1,011,800 · Jun 2010June 2010 | 128,000 /yr |
2402, The Residences 7 (T3) in numbers
- Sold 3 times: first on 31 August 2010 for AED 3,082,800, last on 4 June 2025 for AED 6,200,000 (AED 2,977 per sqft).
- Rented since February 2013 on 4 Ejari contracts. The rent fell from AED 240,000 to AED 24,000 in 2014 and recovered to AED 280,000 by September 2017.
- At AED 280,000 a year the gross yield on the 2025 price is 4.5%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 4 June 2025.
Questions about 2402, The Residences 7 (T3)
What did unit 2402 last sell for?
AED 6,200,000 on 4 June 2025: AED 2,977 per sqft for 2,082 sqft. The unit has 3 registered sales; the first was AED 3,082,800 in August 2010.
What is the rent for unit 2402?
AED 280,000 a year on the contract signed on 1 September 2017. The previous contract, from September 2016, was AED 280,000; the unit has been rented since February 2013.
How big is unit 2402?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 24th floor of a 40-storey tower completed in 2007.
What is unit 2402 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 2402, The Residences 7 (T3)
Starts from the last sale price (AED 6.2M, 4 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,200,000
- Deposit, UAE resident (20%)
- AED 1,240,000
- Deposit, non-resident (40%)
- AED 2,480,000
- Monthly over 25 years at 3.7%
- AED 25,366
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →