2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 34th floor · completed 2007

3401, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 22 January 2026
Last soldAED 2.5M25 July 2010
Current rentAED 290K /yr22 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, The Residences 7 (T3)

What is 3401 worth today?

Last sold for AED 2,500,000 in 2010

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22 Jan 2026RentedNew contract
AED 290,000/yr12 months · AED 200 per sqft
20 Oct 2023RentedRenewal
AED 186,499/yr12 months · AED 128 per sqft
20 Oct 2022RentedRenewal
AED 170,000/yr12 months · AED 117 per sqft
20 Oct 2021RentedRenewal
AED 136,500/yr12 months · AED 94 per sqft
20 Oct 2020RentedNew contract
AED 130,000/yr12 months · AED 89 per sqft
5 Oct 2019RentedRenewal
AED 160,000/yr12 months · AED 110 per sqft
5 Oct 2018RentedRenewal
AED 160,000/yr12 months · AED 110 per sqft
5 Oct 2017RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 22 January 2026.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
34th of 40
Parking
454
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 2.5M · July 2010

About 3401, The Residences 7 (T3)

3401 is a two-bedroom apartment of 1,452 sqft on the 34th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 25 July 2010 for AED 2,500,000, or AED 1,721 per sqft, 25% above the AED 1,377 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 22 January 2026, is AED 290,000 a year: a gross yield of 11.6% on the 2010 price, before the service charge of about AED 33,400 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, July 2010: AED 2,500,000 (AED 1,721 per sqft)

3401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, each contractTypical two-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical 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, June 2012: AED 157,000 a yearRenewal, June 2014: AED 185,000 a yearNew contract, September 2016: AED 170,000 a yearNew contract, October 2017: AED 165,000 a yearRenewal, October 2018: AED 160,000 a yearRenewal, October 2019: AED 160,000 a yearNew contract, October 2020: AED 130,000 a yearRenewal, October 2021: AED 136,500 a yearRenewal, October 2022: AED 170,000 a yearRenewal, October 2023: AED 186,499 a yearNew contract, January 2026: AED 290,000 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 3401 sits

All 72 2-beds →

3401 last sold in July 2010 at AED 1,721 per sqft, 25% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,377). 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. 3401's AED 290,000 is at the top 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 34th floor

All 189 units in The Residences 7 (T3)
Value
34023-bedAED 3.99M · Mar 2010
34032-bedAED 5.1M · Feb 2026
34041-bedAED 1.61M · Feb 2024
34051-bedAED 1.5M · Jun 2012

3401, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 25 July 2010 for AED 2,500,000, or AED 1,721 per sqft.
  • Rented since June 2012 on 11 Ejari contracts. The rent fell from AED 157,000 to AED 130,000 in 2020 and recovered to AED 290,000 by January 2026.
  • At AED 290,000 a year the gross yield on the 2010 price is 11.6%, 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 22 January 2026.

Questions about 3401, The Residences 7 (T3)

What did unit 3401 last sell for?

AED 2,500,000 on 25 July 2010, sold by the developer: AED 1,721 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 3401?

AED 290,000 a year on the contract signed on 22 January 2026. The previous contract, from October 2023, was AED 186,499; the unit has been rented since June 2012.

How big is unit 3401?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 34th floor of a 40-storey tower completed in 2007.

What is unit 3401 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 3401, The Residences 7 (T3)

Starts from the last sale price (AED 2.5M, 25 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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