2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 33rd floor · completed 2007

3301, The Residences 7 (T3)

Sold prices and rental history: sold 3 times, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3301 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 3.65M12 July 2023
Current rentAED 160K /yr25 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3301, The Residences 7 (T3)

What is 3301 worth today?

Last sold for AED 3,650,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Jul 2023SoldReady
AED 3,650,000AED 2,513 per sqft
25 Mar 2021RentedRenewal
AED 160,000/yr12 months · AED 110 per sqft
25 Mar 2020RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft
21 Jul 2013SoldReady
AED 3,900,000AED 2,685 per sqft
31 Aug 2010Sold by developerReady
AED 2,048,800AED 1,410 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
33rd of 40
Parking
227
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 3.65M · July 2023

About 3301, The Residences 7 (T3)

3301 is a two-bedroom apartment of 1,452 sqft on the 33rd floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 12 July 2023 for AED 3,650,000, or AED 2,513 per sqft, 17% above the AED 2,145 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 25 March 2021, is AED 160,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 33,400 a year.

Sales and rents for 3301 over time

Sales
Unit 3301, 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, August 2010: AED 2,048,800 (AED 1,410 per sqft)Sold, July 2013: AED 3,900,000 (AED 2,685 per sqft)Sold, July 2023: AED 3,650,000 (AED 2,513 per sqft)

3301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3301, 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 200,000New contract, March 2020: AED 160,000 a yearRenewal, March 2021: AED 160,000 a year

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 3301 sits

All 72 2-beds →

3301 last sold in July 2023 at AED 2,513 per sqft, 17% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,145). 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. 3301's AED 160,000 is in the lower half of that range.

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 33rd floor

All 189 units in The Residences 7 (T3)
Value
33023-bedAED 3.73M · Aug 2011
33032-bedAED 2.6M · Dec 2010
33041-bedAED 1.14M · Sep 2013
33051-bedAED 1.68M · Oct 2022

3301, The Residences 7 (T3) in numbers

  • Sold 3 times: first on 31 August 2010 for AED 2,048,800, last on 12 July 2023 for AED 3,650,000 (AED 2,513 per sqft).
  • Rented since March 2020 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 4.4%, 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 12 July 2023.

Questions about 3301, The Residences 7 (T3)

What did unit 3301 last sell for?

AED 3,650,000 on 12 July 2023: AED 2,513 per sqft for 1,452 sqft. The unit has 3 registered sales; the first was AED 2,048,800 in August 2010.

What is the rent for unit 3301?

AED 160,000 a year on the contract renewed on 25 March 2021. The previous contract, from March 2020, was AED 160,000.

How big is unit 3301?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 33rd floor of a 40-storey tower completed in 2007.

What is unit 3301 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.

Selling 3301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 3301, The Residences 7 (T3)

Starts from the last sale price (AED 3.65M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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