3101, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3101, The Residences 7 (T3)
What is 3101 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 31st of 40
- Parking
- 225
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 33,400 /yr
- Last sold
- AED 2.02M · November 2008
- Building
- The Residences 7 (T3)
About 3101, The Residences 7 (T3)
3101 is a two-bedroom apartment of 1,452 sqft on the 31st floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 27 November 2008 for AED 2,024,800, or AED 1,394 per sqft, 19% below the AED 1,728 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 20 December 2024, is AED 180,000 a year: a gross yield of 8.9% on the 2008 price, before the service charge of about AED 33,400 a year.
Sales and rents for 3101 over time
3101 has sold once; 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 3101 sits
All 72 2-beds →3101 last sold in November 2008 at AED 1,394 per sqft, 19% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,728). 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. 3101's AED 180,000 is in the upper 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 31st floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3102 | 3-bed | 2,082 sqft | AED 3.18MAED 3,180,800 · Dec 2011December 2011 | 175,350 /yr | |
| 3103 | 2-bed | 1,650 sqft | AED 2.95MAED 2,950,000 · Sep 2021September 2021 | 230,000 /yr | |
| 3104 | 1-bed | 915 sqft | AED 2.03MAED 2,030,000 · Jan 2025January 2025 | 115,000 /yr | |
| 3105 | 1-bed | 1,046 sqft | AED 1.8MAED 1,800,000 · Nov 2016November 2016 | 125,000 /yr |
3101, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 27 November 2008 for AED 2,024,800, or AED 1,394 per sqft.
- Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 117,000 in 2020 and recovered to AED 180,000 by December 2024.
- At AED 180,000 a year the gross yield on the 2008 price is 8.9%, 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 20 December 2024.
Questions about 3101, The Residences 7 (T3)
What did unit 3101 last sell for?
AED 2,024,800 on 27 November 2008, sold by the developer: AED 1,394 per sqft for 1,452 sqft. It is the only registered sale of the unit.
What is the rent for unit 3101?
AED 180,000 a year on the contract signed on 20 December 2024. The previous contract, from December 2024, was AED 180,000; the unit has been rented since October 2014.
How big is unit 3101?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 31st floor of a 40-storey tower completed in 2007.
What is unit 3101 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 3101, The Residences 7 (T3)
Starts from the last sale price (AED 2.02M, 27 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,024,800
- Deposit, UAE resident (20%)
- AED 404,960
- Deposit, non-resident (40%)
- AED 809,920
- Monthly over 25 years at 3.7%
- AED 8,284
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →