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1-bed · 1,046 sqftThe Residences 7 (T3), Downtown Dubai · 26th floor · completed 2007

2605, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 1.02M5 September 2010
Current rentAED 94K /yr24 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2605, The Residences 7 (T3)

What is 2605 worth today?

Last sold for AED 1,017,800 in 2010

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24 Nov 2022RentedRenewal
AED 93,500/yr12 months · AED 90 per sqft
24 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
1 Feb 2020RentedNew contract
AED 90,000/yr12 months · AED 86 per sqft
19 Aug 2018RentedNew contract
AED 94,492/yr12 months · AED 91 per sqft
16 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 110 per sqft
5 Sep 2010Sold by developerReady
AED 1,017,800AED 973 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
26th of 40
Parking
143
Developer
Emaar
Completed
2007
Service charge
AED 24,100 /yr
Last sold
AED 1.02M · September 2010
Building
The Residences 7 (T3)

About 2605, The Residences 7 (T3)

2605 is a one-bedroom apartment of 1,046 sqft on the 26th 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 1,017,800, or AED 973 per sqft, 16% below the AED 1,152 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 24 November 2022, is AED 93,500 a year: a gross yield of 9.2% on the 2010 price, before the service charge of about AED 24,100 a year.

Sales and rents for 2605 over time

Sales
Unit 2605, each saleTypical one-bed in The Residences 7 (T3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,029,800; 2009 AED 1,098,800; 2010 AED 1,058,800; 2011 AED 1,045,900; 2012 AED 1,442,444; 2013 AED 1,650,000; 2014 AED 1,950,000; 2015 AED 1,950,000; 2017 AED 1,735,000; 2019 AED 1,300,000; 2021 AED 1,262,500; 2022 AED 1,510,000; 2023 AED 1,750,000; 2024 AED 1,900,000; 2025 AED 2,250,000Sold by developer, September 2010: AED 1,017,800 (AED 973 per sqft)

2605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2605, each contractTypical one-bed in The Residences 7 (T3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 81,500; 2013 AED 101,250; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 92,000; 2020 AED 82,500; 2021 AED 79,500; 2022 AED 85,001; 2023 AED 100,000; 2024 AED 115,000; 2025 AED 122,000; 2026 AED 125,000New contract, August 2017: AED 115,000 a yearNew contract, August 2018: AED 94,492 a yearNew contract, February 2020: AED 90,000 a yearNew contract, November 2021: AED 85,000 a yearRenewal, November 2022: AED 93,500 a year

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 2605 sits

All 84 1-beds →

2605 last sold in September 2010 at AED 973 per sqft, 16% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,152). 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. 2605's AED 93,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Apr 20262,050,000
12 Sep 20252,500,000
20 Aug 20252,305,000
25 Jul 20252,180,000
1 1-bed sale 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
26023-bedAED 7.2M · Apr 2024
26032-bedAED 5.13M · Jul 2025
26041-bedAED 1.1M · Sep 2010

2605, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 5 September 2010 for AED 1,017,800, or AED 973 per sqft.
  • Rented since August 2017 on 5 Ejari contracts, from AED 115,000 to AED 93,500 a year.
  • At AED 93,500 a year the gross yield on the 2010 price is 9.2%, before a service charge of about AED 24,100 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 24 November 2022.

Questions about 2605, The Residences 7 (T3)

What did unit 2605 last sell for?

AED 1,017,800 on 5 September 2010, sold by the developer: AED 973 per sqft for 1,046 sqft. It is the only registered sale of the unit.

What is the rent for unit 2605?

AED 93,500 a year on the contract renewed on 24 November 2022. The previous contract, from November 2021, was AED 85,000; the unit has been rented since August 2017.

How big is unit 2605?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 26th floor of a 40-storey tower completed in 2007.

What is unit 2605 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 2605, The Residences 7 (T3)

Starts from the last sale price (AED 1.02M, 5 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,017,800
Deposit, UAE resident (20%)
AED 203,560
Deposit, non-resident (40%)
AED 407,120
Monthly over 25 years at 3.7%
AED 4,164

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