2704, The Residences 7 (T3)
Sold prices and rental history: sold 4 times, last in February 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2704, The Residences 7 (T3)
What is 2704 worth today?
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Source: Dubai Land Department. Updated 27 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 27th of 40
- Parking
- 112
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.55M · February 2023
- Building
- The Residences 7 (T3)
About 2704, The Residences 7 (T3)
2704 is a one-bedroom apartment of 915 sqft on the 27th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 27 February 2023 for AED 1,550,000, or AED 1,693 per sqft, 5% above the AED 1,611 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 November 2020, is AED 70,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 21,000 a year.
Sales and rents for 2704 over time
2704 has sold 4 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 2704 sits
All 84 1-beds →2704 last sold in February 2023 at AED 1,693 per sqft, 5% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,611). 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. 2704's AED 70,000 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 27th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,452 sqft | AED 2.6MAED 2,600,000 · Mar 2012March 2012 | 240,000 /yr | |
| 2702 | 3-bed | 2,082 sqft | AED 4.8MAED 4,800,000 · Apr 2012April 2012 | 180,000 /yr | |
| 2703 | 2-bed | 1,650 sqft | AED 2.94MAED 2,936,888 · Dec 2010December 2010 | 220,000 /yr | |
| 2705 | 1-bed | 1,046 sqft | AED 1.89MAED 1,890,000 · Oct 2013October 2013 | 140,000 /yr |
2704, The Residences 7 (T3) in numbers
- Sold 4 times: first on 17 January 2011 for AED 1,108,800, last on 27 February 2023 for AED 1,550,000 (AED 1,693 per sqft).
- Rented since May 2017 on 3 Ejari contracts, from AED 120,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 4.5%, 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 27 February 2023.
Questions about 2704, The Residences 7 (T3)
What did unit 2704 last sell for?
AED 1,550,000 on 27 February 2023: AED 1,693 per sqft for 915 sqft. The unit has 4 registered sales; the first was AED 1,108,800 in January 2011.
What is the rent for unit 2704?
AED 70,000 a year on the contract signed on 15 November 2020. The previous contract, from January 2018, was AED 105,000; the unit has been rented since May 2017.
How big is unit 2704?
915 sqft (85.0 sqm): a one-bedroom apartment on the 27th floor of a 40-storey tower completed in 2007.
What is unit 2704 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 2704, The Residences 7 (T3)
Starts from the last sale price (AED 1.55M, 27 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →