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2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 32nd floor · completed 2007

3201, The Residences 7 (T3)

Sold prices and rental history: sold 6 times, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 14 November 2022
Last soldAED 3.15M14 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3201, The Residences 7 (T3)

What is 3201 worth today?

Last sold for AED 3,150,000 in 2022

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14 Nov 2022SoldReady
AED 3,150,000AED 2,169 per sqft
22 Apr 2015SoldReady
AED 4,800,000AED 3,305 per sqft
24 Feb 2013SoldReady
AED 4,500,000AED 3,099 per sqft
17 Dec 2012SoldReady
AED 3,550,000AED 2,444 per sqft
1 Jun 2009Sold by developerReady
AED 2,036,800AED 1,402 per sqft
1 Jun 2009SoldReady
AED 2,200,000AED 1,515 per sqft

Source: Dubai Land Department. Updated 14 November 2022.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
32nd of 40
Parking
226
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 3.15M · November 2022
Building
The Residences 7 (T3)

About 3201, The Residences 7 (T3)

3201 is a two-bedroom apartment of 1,452 sqft on the 32nd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 14 November 2022 for AED 3,150,000, or AED 2,169 per sqft, 7% above the AED 2,030 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3201 over time

Sales
Unit 3201, 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, June 2009: AED 2,036,800 (AED 1,402 per sqft)Sold, June 2009: AED 2,200,000 (AED 1,515 per sqft)Sold, December 2012: AED 3,550,000 (AED 2,444 per sqft)Sold, February 2013: AED 4,500,000 (AED 3,099 per sqft)Sold, April 2015: AED 4,800,000 (AED 3,305 per sqft)Sold, November 2022: AED 3,150,000 (AED 2,169 per sqft)

3201 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3201, each contractTypical two-bed in The Residences 7 (T3)
150K200K2012201620202024Typical 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 200,000

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 3201 sits

All 72 2-beds →

3201 last sold in November 2022 at AED 2,169 per sqft, 7% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,030). 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.

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 32nd floor

All 189 units in The Residences 7 (T3)
Value
32023-bedAED 3.3M · Aug 2011
32032-bedAED 5M · Aug 2025
32041-bedAED 1.08M · Apr 2014
32051-bedAED 1.04M · Jul 2011

3201, The Residences 7 (T3) in numbers

  • Sold 6 times: first on 1 June 2009 for AED 2,200,000, last on 14 November 2022 for AED 3,150,000 (AED 2,169 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 14 November 2022.

Questions about 3201, The Residences 7 (T3)

What did unit 3201 last sell for?

AED 3,150,000 on 14 November 2022: AED 2,169 per sqft for 1,452 sqft. The unit has 6 registered sales; the first was AED 2,200,000 in June 2009.

How big is unit 3201?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 32nd floor of a 40-storey tower completed in 2007.

What is unit 3201 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 3201, The Residences 7 (T3)

Starts from the last sale price (AED 3.15M, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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