2404, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, The Residences 7 (T3)
What is 2404 worth today?
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Source: Dubai Land Department. Updated 25 May 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 24th of 40
- Parking
- 73
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.09M · June 2010
- Building
- The Residences 7 (T3)
About 2404, The Residences 7 (T3)
2404 is a one-bedroom apartment of 915 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 15 June 2010 for AED 1,093,800, or AED 1,195 per sqft, in line with the AED 1,181 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 25 May 2020, is AED 53,300 a year: a gross yield of 4.9% on the 2010 price, before the service charge of about AED 21,000 a year.
Sales and rents for 2404 over time
2404 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 2404 sits
All 84 1-beds →2404 last sold in June 2010 at AED 1,195 per sqft, in line with what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,181). 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. 2404's AED 53,300 is at the bottom 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 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 | |
| 2402 | 3-bed | 2,082 sqft | AED 6.2MAED 6,200,000 · Jun 2025June 2025 | 280,000 /yr | |
| 2403 | 2-bed | 1,650 sqft | AED 2.89MAED 2,891,888 · Sep 2010September 2010 | 204,000 /yr | |
| 2405 | 1-bed | 1,046 sqft | AED 1.01MAED 1,011,800 · Jun 2010June 2010 | 128,000 /yr |
2404, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 15 June 2010 for AED 1,093,800, or AED 1,195 per sqft.
- Rented since September 2011 on 9 Ejari contracts, from AED 75,000 to AED 53,300 a year.
- At AED 53,300 a year the gross yield on the 2010 price is 4.9%, 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 25 May 2020.
Questions about 2404, The Residences 7 (T3)
What did unit 2404 last sell for?
AED 1,093,800 on 15 June 2010, sold by the developer: AED 1,195 per sqft for 915 sqft. It is the only registered sale of the unit.
What is the rent for unit 2404?
AED 53,300 a year on the contract renewed on 25 May 2020. The previous contract, from May 2019, was AED 96,000; the unit has been rented since September 2011.
How big is unit 2404?
915 sqft (85.0 sqm): a one-bedroom apartment on the 24th floor of a 40-storey tower completed in 2007.
What is unit 2404 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 2404, The Residences 7 (T3)
Starts from the last sale price (AED 1.09M, 15 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,093,800
- Deposit, UAE resident (20%)
- AED 218,760
- Deposit, non-resident (40%)
- AED 437,520
- Monthly over 25 years at 3.7%
- AED 4,475
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →