2905, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2905, The Residences 7 (T3)
What is 2905 worth today?
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Source: Dubai Land Department. Updated 29 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 29th of 40
- Parking
- 273
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 513K · November 2008
- Building
- The Residences 7 (T3)
About 2905, The Residences 7 (T3)
2905 is a one-bedroom apartment of 1,046 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 17 November 2008 for AED 513,400, or AED 490 per sqft, 55% below the AED 1,096 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 29 November 2024, is AED 124,654 a year: a gross yield of 24.3% on the 2008 price, before the service charge of about AED 24,100 a year.
Sales and rents for 2905 over time
No registered sale of 2905; 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 2905 sits
All 84 1-beds →2905 last sold in November 2008 at AED 490 per sqft, 55% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,096). 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. 2905's AED 124,654 is in the upper half 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 29th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,452 sqft | AED 2MAED 2,000,800 · Sep 2009September 2009 | 155,000 /yr | |
| 2902 | 3-bed | 2,082 sqft | AED 6MAED 6,000,000 · Nov 2019November 2019 | 280,000 /yr | |
| 2903 | 2-bed | 1,650 sqft | AED 4.8MAED 4,800,000 · Dec 2014December 2014 | 180,000 /yr | |
| 2904 | 1-bed | 915 sqft | AED 2.5MAED 2,500,000 · Sep 2025September 2025 |
2905, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 17 November 2008 for AED 513,400, or AED 490 per sqft.
- Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 98,000 in 2021 and recovered to AED 124,654 by November 2024.
- At AED 124,654 a year the gross yield on the 2008 price is 24.3%, 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 29 November 2024.
Questions about 2905, The Residences 7 (T3)
What did unit 2905 last sell for?
AED 513,400 on 17 November 2008, sold by the developer: AED 490 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 2905?
AED 124,654 a year on the contract signed on 29 November 2024. The previous contract, from November 2023, was AED 119,000; the unit has been rented since July 2015.
How big is unit 2905?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 29th floor of a 40-storey tower completed in 2007.
What is unit 2905 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 2905, The Residences 7 (T3)
Starts from the last sale price (AED 513K, 17 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 513,400
- Deposit, UAE resident (20%)
- AED 102,680
- Deposit, non-resident (40%)
- AED 205,360
- Monthly over 25 years at 3.7%
- AED 2,100
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →