3-bed · 2,082 sqftThe Residences 7 (T3), Downtown Dubai · 34th floor · completed 2007

3402, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in March 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 30 March 2010
Last soldAED 3.99M30 March 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, The Residences 7 (T3)

What is 3402 worth today?

Last sold for AED 3,994,310 in 2010

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30 Mar 2010Sold by developerReady
AED 3,994,310AED 1,918 per sqft

Source: Dubai Land Department. Updated 30 March 2010.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
34th of 40
Parking
367 / 368
Developer
Emaar
Completed
2007
Service charge
AED 47,900 /yr
Last sold
AED 3.99M · March 2010

About 3402, The Residences 7 (T3)

3402 is a three-bedroom apartment of 2,082 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 30 March 2010 for AED 3,994,310, or AED 1,918 per sqft, 47% above the AED 1,306 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3402 over time

Sales
Unit 3402, 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 by developer, March 2010: AED 3,994,310 (AED 1,918 per sqft)

3402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3402, 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 3402 sits

All 37 3-beds →

3402 last sold in March 2010 at AED 1,918 per sqft, 47% above what three-beds in The Residences 7 (T3) were fetching at the time (AED 1,306).

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 34th floor

All 189 units in The Residences 7 (T3)
Value
34012-bedAED 2.5M · Jul 2010
34032-bedAED 5.1M · Feb 2026
34041-bedAED 1.61M · Feb 2024
34051-bedAED 1.5M · Jun 2012

3402, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 30 March 2010 for AED 3,994,310, or AED 1,918 per sqft.

Source: Dubai Land Department. Updated 30 March 2010.

Questions about 3402, The Residences 7 (T3)

What did unit 3402 last sell for?

AED 3,994,310 on 30 March 2010, sold by the developer: AED 1,918 per sqft for 2,082 sqft. It is the only registered sale of the unit.

How big is unit 3402?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 34th floor of a 40-storey tower completed in 2007.

What is unit 3402 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 3402, The Residences 7 (T3)

Starts from the last sale price (AED 3.99M, 30 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,994,310
Deposit, UAE resident (20%)
AED 798,862
Deposit, non-resident (40%)
AED 1,597,724
Monthly over 25 years at 3.7%
AED 16,342

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