2504, The Residences 7 (T3)
Sold prices and rental history: sold 3 times, last in March 2024, 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 2504, The Residences 7 (T3)
What is 2504 worth today?
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Source: Dubai Land Department. Updated 7 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 25th of 40
- Parking
- 74
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.96M · March 2024
- Building
- The Residences 7 (T3)
About 2504, The Residences 7 (T3)
2504 is a one-bedroom apartment of 915 sqft on the 25th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 7 March 2024 for AED 1,960,000, or AED 2,141 per sqft, 21% above the AED 1,764 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 14 November 2022, is AED 72,600 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 21,000 a year.
Sales and rents for 2504 over time
2504 has sold 3 times; 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 2504 sits
All 84 1-beds →2504 last sold in March 2024 at AED 2,141 per sqft, 21% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,764). 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. 2504's AED 72,600 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 25th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,452 sqft | AED 1.95MAED 1,952,800 · Mar 2010March 2010 | 159,860 /yr | |
| 2502 | 3-bed | 2,082 sqft | AED 3.1MAED 3,096,800 · Sep 2008September 2008 | ||
| 2503 | 2-bed | 1,650 sqft | AED 2.32MAED 2,322,800 · Feb 2011February 2011 | 210,000 /yr | |
| 2505 | 1-bed | 1,046 sqft | AED 1.01MAED 1,014,800 · Nov 2008November 2008 | 119,678 /yr |
2504, The Residences 7 (T3) in numbers
- Sold 3 times: first on 8 October 2009 for AED 1,250,000, last on 7 March 2024 for AED 1,960,000 (AED 2,141 per sqft).
- Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2020 and recovered to AED 72,600 by November 2022.
- At AED 72,600 a year the gross yield on the 2024 price is 3.7%, 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 7 March 2024.
Questions about 2504, The Residences 7 (T3)
What did unit 2504 last sell for?
AED 1,960,000 on 7 March 2024: AED 2,141 per sqft for 915 sqft. The unit has 3 registered sales; the first was AED 1,250,000 in October 2009.
What is the rent for unit 2504?
AED 72,600 a year on the contract renewed on 14 November 2022. The previous contract, from November 2021, was AED 66,000; the unit has been rented since March 2019.
How big is unit 2504?
915 sqft (85.0 sqm): a one-bedroom apartment on the 25th floor of a 40-storey tower completed in 2007.
What is unit 2504 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 2504, The Residences 7 (T3)
Starts from the last sale price (AED 1.96M, 7 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,960,000
- Deposit, UAE resident (20%)
- AED 392,000
- Deposit, non-resident (40%)
- AED 784,000
- Monthly over 25 years at 3.7%
- AED 8,019
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →