2-bed · 1,650 sqftThe Residences 7 (T3), Downtown Dubai · 24th floor · completed 2007

2403, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 29 June 2026
Last soldAED 2.89M5 September 2010
Current rentAED 204K /yr29 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, The Residences 7 (T3)

What is 2403 worth today?

Last sold for AED 2,891,888 in 2010

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29 Jun 2026RentedRenewal
AED 204,000/yr12 months · AED 124 per sqft
29 Jun 2025RentedRenewal
AED 220,000/yr12 months · AED 134 per sqft
29 Jun 2025RentedRenewal
AED 220,000/yr12 months · AED 134 per sqft
29 Jun 2024RentedRenewal
AED 220,000/yr12 months · AED 134 per sqft
29 Jun 2023RentedNew contract
AED 220,000/yr12 months · AED 134 per sqft
5 Jan 2021RentedNew contract
AED 80,000/yr24 months · AED 49 per sqft
5 Sep 2010Sold by developerReady
AED 2,891,888AED 1,752 per sqft

Source: Dubai Land Department. Updated 29 June 2026.

Key facts

Type
2-bed apartment
Size
1,650 sqft
Floor
24th of 40
Parking
558
Developer
Emaar
Completed
2007
Service charge
AED 38,000 /yr
Last sold
AED 2.89M · September 2010

About 2403, The Residences 7 (T3)

2403 is a two-bedroom apartment of 1,650 sqft on the 24th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 5 September 2010 for AED 2,891,888, or AED 1,752 per sqft, 29% above the AED 1,361 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 29 June 2026, is AED 204,000 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 38,000 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, September 2010: AED 2,891,888 (AED 1,752 per sqft)

2403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, each contractTypical two-bed in The Residences 7 (T3)
100K200K2012201620202024Typical 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, January 2021: AED 80,000 a yearNew contract, June 2023: AED 220,000 a yearRenewal, June 2024: AED 220,000 a yearRenewal, June 2025: AED 220,000 a yearRenewal, June 2025: AED 220,000 a yearRenewal, June 2026: AED 204,000 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 2403 sits

All 72 2-beds →

2403 last sold in September 2010 at AED 1,752 per sqft, 29% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,361). 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. 2403's AED 204,000 is in the upper 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
24012-bedAED 5.2M · Jul 2025
24023-bedAED 6.2M · Jun 2025
24041-bedAED 1.09M · Jun 2010
24051-bedAED 1.01M · Jun 2010

2403, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 5 September 2010 for AED 2,891,888, or AED 1,752 per sqft.
  • Rented since January 2021 on 6 Ejari contracts, from AED 80,000 to AED 204,000 a year.
  • At AED 204,000 a year the gross yield on the 2010 price is 7.0%, before a service charge of about AED 38,000 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 29 June 2026.

Questions about 2403, The Residences 7 (T3)

What did unit 2403 last sell for?

AED 2,891,888 on 5 September 2010, sold by the developer: AED 1,752 per sqft for 1,650 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 204,000 a year on the contract renewed on 29 June 2026. The previous contract, from June 2025, was AED 220,000; the unit has been rented since January 2021.

How big is unit 2403?

1,650 sqft (153.3 sqm): a two-bedroom apartment on the 24th floor of a 40-storey tower completed in 2007.

What is unit 2403 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 2403, The Residences 7 (T3)

Starts from the last sale price (AED 2.89M, 5 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,891,888
Deposit, UAE resident (20%)
AED 578,378
Deposit, non-resident (40%)
AED 1,156,755
Monthly over 25 years at 3.7%
AED 11,832

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