2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 29th floor · completed 2007

2901, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 2M8 September 2009
Current rentAED 155K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, The Residences 7 (T3)

What is 2901 worth today?

Last sold for AED 2,000,800 in 2009

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27 Jul 2026RentedNew contract
AED 155,000/yr12 months · AED 107 per sqft
7 May 2025RentedRenewal
AED 180,000/yr12 months · AED 124 per sqft
7 May 2025RentedRenewal
AED 180,000/yr12 months · AED 124 per sqft
7 May 2024RentedRenewal
AED 180,000/yr12 months · AED 124 per sqft
7 May 2023RentedNew contract
AED 175,000/yr12 months · AED 120 per sqft
7 Apr 2022RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
1 Apr 2021RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
1 Oct 2020RentedRenewal
AED 115,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
29th of 40
Parking
223
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 2M · September 2009

About 2901, The Residences 7 (T3)

2901 is a two-bedroom apartment of 1,452 sqft on the 29th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 8 September 2009 for AED 2,000,800, or AED 1,377 per sqft, 6% below the AED 1,469 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 27 July 2026, is AED 155,000 a year: a gross yield of 7.8% on the 2009 price, before the service charge of about AED 33,400 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, each saleTypical two-bed in The Residences 7 (T3)
2M4M2008201320182023Typical sale price by year: 2008 AED 2,521,844; 2009 AED 2,124,212; 2010 AED 2,443,888; 2011 AED 2,280,444; 2012 AED 3,000,000; 2013 AED 3,900,000; 2014 AED 4,900,000; 2015 AED 4,800,000; 2017 AED 3,900,000; 2021 AED 2,475,000; 2022 AED 3,175,000; 2023 AED 2,850,000; 2024 AED 3,732,500; 2025 AED 4,050,000Sold by developer, September 2009: AED 2,000,800 (AED 1,377 per sqft)

2901 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, each contractTypical two-bed in The Residences 7 (T3)
100K150K200K2012201620202024Typical rent by year: 2012 AED 161,000; 2013 AED 178,000; 2014 AED 195,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 161,250; 2019 AED 145,000; 2020 AED 128,900; 2021 AED 125,000; 2022 AED 135,490; 2023 AED 180,000; 2024 AED 180,000; 2025 AED 200,000; 2026 AED 200,000New contract, September 2014: AED 152,250 a yearNew contract, September 2015: AED 159,863 a yearNew contract, October 2019: AED 130,000 a yearRenewal, October 2020: AED 115,000 a yearNew contract, April 2021: AED 110,000 a yearNew contract, April 2022: AED 120,000 a yearNew contract, May 2023: AED 175,000 a yearRenewal, May 2024: AED 180,000 a yearRenewal, May 2025: AED 180,000 a yearRenewal, May 2025: AED 180,000 a yearNew contract, July 2026: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Residences 7 (T3), and where 2901 sits

All 72 2-beds →

2901 last sold in September 2009 at AED 1,377 per sqft, 6% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,469). Over the last 12 months two-beds sold for AED 2,562,500 to 5,125,000, around AED 3,106 per sqft, and rent for AED 70,000 to 290,000 a year. 2901's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Feb 20265,100,000
25 Dec 20252,562,500
24 Dec 20252,562,500
10 Dec 20255,125,000
4 2-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 29th floor

All 189 units in The Residences 7 (T3)
Value
29023-bedAED 6M · Nov 2019
29032-bedAED 4.8M · Dec 2014
29041-bedAED 2.5M · Sep 2025
29051-bedAED 513K · Nov 2008

2901, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 8 September 2009 for AED 2,000,800, or AED 1,377 per sqft.
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 152,250 to AED 110,000 in 2021 and recovered to AED 155,000 by July 2026.
  • At AED 155,000 a year the gross yield on the 2009 price is 7.8%, before a service charge of about AED 33,400 a year (AED 23.00 per sqft).
  • Two-beds in The Residences 7 (T3) sold for AED 2,562,500–5,125,000 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 July 2026.

Questions about 2901, The Residences 7 (T3)

What did unit 2901 last sell for?

AED 2,000,800 on 8 September 2009, sold by the developer: AED 1,377 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 2901?

AED 155,000 a year on the contract signed on 27 July 2026. The previous contract, from May 2025, was AED 180,000; the unit has been rented since September 2014.

How big is unit 2901?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 29th floor of a 40-storey tower completed in 2007.

What is unit 2901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Residences 7 (T3) sold for AED 2,562,500 to 5,125,000 in the last 12 months, around AED 3,106 per sqft.

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Mortgage on 2901, The Residences 7 (T3)

Starts from the last sale price (AED 2M, 8 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,800
Deposit, UAE resident (20%)
AED 400,160
Deposit, non-resident (40%)
AED 800,320
Monthly over 25 years at 3.7%
AED 8,186

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