3-bed · 2,082 sqftThe Residences 7 (T3), Downtown Dubai · 32nd floor · completed 2007

3202, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in August 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 3 August 2011
Last soldAED 3.3M3 August 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, The Residences 7 (T3)

What is 3202 worth today?

Last sold for AED 3,300,000 in 2011

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3 Aug 2011SoldReady
AED 3,300,000AED 1,585 per sqft
2 Aug 2011Sold by developerReady
AED 3,194,800AED 1,534 per sqft

Source: Dubai Land Department. Updated 3 August 2011.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
32nd of 40
Parking
455 / 456
Developer
Emaar
Completed
2007
Service charge
AED 47,900 /yr
Last sold
AED 3.3M · August 2011

About 3202, The Residences 7 (T3)

3202 is a three-bedroom apartment of 2,082 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 3 August 2011 for AED 3,300,000, or AED 1,585 per sqft, 7% below the AED 1,705 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3202 over time

Sales
Unit 3202, each saleTypical three-bed in The Residences 7 (T3)
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 3,045,800; 2009 AED 2,152,256; 2010 AED 3,196,888; 2011 AED 3,300,000; 2012 AED 4,024,888; 2014 AED 7,625,000; 2015 AED 6,700,000; 2020 AED 3,864,250; 2021 AED 3,900,000; 2022 AED 5,600,000; 2024 AED 5,374,428; 2025 AED 6,725,000Sold, August 2011: AED 3,300,000 (AED 1,585 per sqft)Sold by developer, August 2011: AED 3,194,800 (AED 1,534 per sqft)

3202 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3202, each contractTypical three-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 230,000; 2014 AED 290,000; 2015 AED 290,000; 2016 AED 279,500; 2017 AED 270,000; 2018 AED 234,552; 2019 AED 210,000; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 250,000; 2024 AED 250,000; 2025 AED 280,000; 2026 AED 300,000

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 3202 sits

All 37 3-beds →

3202 last sold in August 2011 at AED 1,585 per sqft, 7% below what three-beds in The Residences 7 (T3) were fetching at the time (AED 1,705).

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20256,200,000
28 May 20256,950,000
19 Feb 20256,750,000
29 Jan 20256,700,000
0 3-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
32012-bedAED 3.15M · Nov 2022
32032-bedAED 5M · Aug 2025
32041-bedAED 1.08M · Apr 2014
32051-bedAED 1.04M · Jul 2011

3202, The Residences 7 (T3) in numbers

  • Sold twice: first on 2 August 2011 for AED 3,194,800, last on 3 August 2011 for AED 3,300,000 (AED 1,585 per sqft).

Source: Dubai Land Department. Updated 3 August 2011.

Questions about 3202, The Residences 7 (T3)

What did unit 3202 last sell for?

AED 3,300,000 on 3 August 2011: AED 1,585 per sqft for 2,082 sqft. The unit has 2 registered sales; the first was AED 3,194,800 in August 2011.

How big is unit 3202?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 32nd floor of a 40-storey tower completed in 2007.

What is unit 3202 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 3202, The Residences 7 (T3)

Starts from the last sale price (AED 3.3M, 3 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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