3-bed · 2,082 sqftThe Residences 7 (T3), Downtown Dubai · 26th floor · completed 2007

2602, The Residences 7 (T3)

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 17 July 2025
Last soldAED 7.2M23 April 2024
Current rentAED 320K /yr17 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, The Residences 7 (T3)

What is 2602 worth today?

Last sold for AED 7,200,000 in 2024

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17 Jul 2025RentedNew contract
AED 320,000/yr12 months · AED 154 per sqft
1 Mar 2025RentedNew contract
AED 199,464/yr12 months · AED 96 per sqft
1 Mar 2025RentedNew contract
AED 199,464/yr12 months · AED 96 per sqft
1 Jan 2025RentedNew contract
AED 200,000/yr12 months · AED 96 per sqft
1 Jan 2025RentedNew contract
AED 200,000/yr12 months · AED 96 per sqft
23 Apr 2024SoldReady
AED 7,200,000AED 3,458 per sqft
4 Jul 2020RentedRenewal
AED 205,000/yr12 months · AED 99 per sqft
20 Apr 2019RentedRenewal
AED 219,816/yr14 months · AED 106 per sqft

Source: Dubai Land Department. Updated 17 July 2025.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
26th of 40
Parking
338 / 339
Developer
Emaar
Completed
2007
Service charge
AED 47,900 /yr
Last sold
AED 7.2M · April 2024

About 2602, The Residences 7 (T3)

2602 is a three-bedroom apartment of 2,082 sqft on the 26th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 23 April 2024 for AED 7,200,000, or AED 3,458 per sqft, 16% above the AED 2,977 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 17 July 2025, is AED 320,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 47,900 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, each saleTypical three-bed in The Residences 7 (T3)
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 3,045,800; 2009 AED 2,152,256; 2010 AED 3,196,888; 2011 AED 3,300,000; 2012 AED 4,024,888; 2014 AED 7,625,000; 2015 AED 6,700,000; 2020 AED 3,864,250; 2021 AED 3,900,000; 2022 AED 5,600,000; 2024 AED 5,374,428; 2025 AED 6,725,000Sold by developer, February 2011: AED 3,835,888 (AED 1,842 per sqft)Sold, January 2013: AED 6,000,000 (AED 2,881 per sqft)Sold, April 2024: AED 7,200,000 (AED 3,458 per sqft)

2602 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2602, each contractTypical three-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 230,000; 2014 AED 290,000; 2015 AED 290,000; 2016 AED 279,500; 2017 AED 270,000; 2018 AED 234,552; 2019 AED 210,000; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 250,000; 2024 AED 250,000; 2025 AED 280,000; 2026 AED 300,000New contract, October 2013: AED 280,000 a yearNew contract, April 2014: AED 310,000 a yearNew contract, April 2018: AED 265,000 a yearRenewal, April 2019: AED 219,816 a yearRenewal, July 2020: AED 205,000 a yearNew contract, January 2025: AED 200,000 a yearNew contract, January 2025: AED 200,000 a yearNew contract, March 2025: AED 199,464 a yearNew contract, March 2025: AED 199,464 a yearNew contract, July 2025: AED 320,000 a year

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 2602 sits

All 37 3-beds →

2602 last sold in April 2024 at AED 3,458 per sqft, 16% above what three-beds in The Residences 7 (T3) were fetching at the time (AED 2,977). 2602's AED 320,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20256,200,000
28 May 20256,950,000
19 Feb 20256,750,000
29 Jan 20256,700,000
0 3-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 26th floor

All 189 units in The Residences 7 (T3)
Value
26012-bedAED 2.67M · Jul 2010
26032-bedAED 5.13M · Jul 2025
26041-bedAED 1.1M · Sep 2010
26051-bedAED 1.02M · Sep 2010

2602, The Residences 7 (T3) in numbers

  • Sold 3 times: first on 22 February 2011 for AED 3,835,888, last on 23 April 2024 for AED 7,200,000 (AED 3,458 per sqft).
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 280,000 to AED 199,464 in 2025 and recovered to AED 320,000 by July 2025.
  • At AED 320,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).

Source: Dubai Land Department. Updated 17 July 2025.

Questions about 2602, The Residences 7 (T3)

What did unit 2602 last sell for?

AED 7,200,000 on 23 April 2024: AED 3,458 per sqft for 2,082 sqft. The unit has 3 registered sales; the first was AED 3,835,888 in February 2011.

What is the rent for unit 2602?

AED 320,000 a year on the contract signed on 17 July 2025. The previous contract, from March 2025, was AED 199,464; the unit has been rented since October 2013.

How big is unit 2602?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 26th floor of a 40-storey tower completed in 2007.

What is unit 2602 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 2602, The Residences 7 (T3)

Starts from the last sale price (AED 7.2M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,200,000
Deposit, UAE resident (20%)
AED 1,440,000
Deposit, non-resident (40%)
AED 2,880,000
Monthly over 25 years at 3.7%
AED 29,457

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