3003, The Residences 7 (T3)
Sold prices and rental history: sold 4 times, last in March 2022, 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 3003, The Residences 7 (T3)
What is 3003 worth today?
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Source: Dubai Land Department. Updated 17 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,650 sqft
- Floor
- 30th of 40
- Parking
- 449
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 38,000 /yr
- Last sold
- AED 3.2M · March 2022
- Building
- The Residences 7 (T3)
About 3003, The Residences 7 (T3)
3003 is a two-bedroom apartment of 1,650 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 17 March 2022 for AED 3,200,000, or AED 1,939 per sqft, 9% above the AED 1,787 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 8 February 2022, is AED 150,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 38,000 a year.
Sales and rents for 3003 over time
3003 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 3003 sits
All 72 2-beds →3003 last sold in March 2022 at AED 1,939 per sqft, 9% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,787). 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. 3003's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Feb 202624 February 2026 | 1,650 sqft | 5,100,000 | 3,090 | ||
| 25 Dec 202525 December 2025 | 825 sqft | 2,562,500 | 3,106 | ||
| 24 Dec 202524 December 2025 | 825 sqft | 2,562,500 | 3,105 | ||
| 10 Dec 202510 December 2025 | 1,650 sqft | 5,125,000 | 3,106 |
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 | |
| 3002 | 3-bed | 2,082 sqft | AED 6.7MAED 6,700,000 · Jan 2025January 2025 | 230,000 /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 |
3003, The Residences 7 (T3) in numbers
- Sold 4 times: first on 8 April 2010 for AED 1,191,400, last on 17 March 2022 for AED 3,200,000 (AED 1,939 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 165,000 to AED 130,000 in 2021 and recovered to AED 150,000 by February 2022.
- At AED 150,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 38,000 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 17 March 2022.
Questions about 3003, The Residences 7 (T3)
What did unit 3003 last sell for?
AED 3,200,000 on 17 March 2022: AED 1,939 per sqft for 1,650 sqft. The unit has 4 registered sales; the first was AED 1,191,400 in April 2010.
What is the rent for unit 3003?
AED 150,000 a year on the contract signed on 8 February 2022. The previous contract, from January 2021, was AED 130,000; the unit has been rented since January 2015.
How big is unit 3003?
1,650 sqft (153.3 sqm): a two-bedroom apartment on the 30th floor of a 40-storey tower completed in 2007.
What is unit 3003 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 3003, The Residences 7 (T3)
Starts from the last sale price (AED 3.2M, 17 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →