3002, The Residences 7 (T3)
Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3002, The Residences 7 (T3)
What is 3002 worth today?
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Source: Dubai Land Department. Updated 29 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 30th of 40
- Parking
- 427 / 428
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 47,900 /yr
- Last sold
- AED 6.7M · January 2025
- Building
- The Residences 7 (T3)
About 3002, The Residences 7 (T3)
3002 is a three-bedroom apartment of 2,082 sqft on the 30th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 29 January 2025 for AED 6,700,000, or AED 3,218 per sqft, 8% above the AED 2,977 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 230,000 a year: a gross yield of 3.4% on the 2025 price, before the service charge of about AED 47,900 a year.
Sales and rents for 3002 over time
3002 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 3002 sits
All 37 3-beds →3002 last sold in January 2025 at AED 3,218 per sqft, 8% above what three-beds in The Residences 7 (T3) were fetching at the time (AED 2,977). 3002's AED 230,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 2,082 sqft | 6,200,000 | 2,977 | ||
| 28 May 202528 May 2025 | 2,082 sqft | 6,950,000 | 3,338 | ||
| 19 Feb 202519 February 2025 | 2,082 sqft | 6,750,000 | 3,242 | ||
| 21 Nov 202421 November 2024 | 2,082 sqft | 4,000,000 | 1,921 |
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 30th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,452 sqft | AED 3.91MAED 3,912,000 · Oct 2008October 2008 | 200,000 /yr | |
| 3003 | 2-bed | 1,650 sqft | AED 3.2MAED 3,200,000 · Mar 2022March 2022 | 150,000 /yr | |
| 3004 | 1-bed | 915 sqft | AED 1.51MAED 1,510,000 · Jun 2022June 2022 | 125,000 /yr | |
| 3005 | 1-bed | 1,046 sqft | AED 1.68MAED 1,675,000 · Aug 2022August 2022 | 111,156 /yr |
3002, The Residences 7 (T3) in numbers
- Sold 3 times: first on 24 August 2009 for AED 1,583,400, last on 29 January 2025 for AED 6,700,000 (AED 3,218 per sqft).
- Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 220,000 to AED 180,000 in 2020 and recovered to AED 230,000 by December 2024.
- At AED 230,000 a year the gross yield on the 2025 price is 3.4%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 29 January 2025.
Questions about 3002, The Residences 7 (T3)
What did unit 3002 last sell for?
AED 6,700,000 on 29 January 2025: AED 3,218 per sqft for 2,082 sqft. The unit has 3 registered sales; the first was AED 1,583,400 in August 2009.
What is the rent for unit 3002?
AED 230,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 230,000; the unit has been rented since January 2013.
How big is unit 3002?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 30th floor of a 40-storey tower completed in 2007.
What is unit 3002 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 3002, The Residences 7 (T3)
Starts from the last sale price (AED 6.7M, 29 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,700,000
- Deposit, UAE resident (20%)
- AED 1,340,000
- Deposit, non-resident (40%)
- AED 2,680,000
- Monthly over 25 years at 3.7%
- AED 27,412
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →