3405, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3405, The Residences 7 (T3)
What is 3405 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 34th of 40
- Parking
- 296
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 1.5M · June 2012
- Building
- The Residences 7 (T3)
About 3405, The Residences 7 (T3)
3405 is a one-bedroom apartment of 1,046 sqft on the 34th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 14 June 2012 for AED 1,500,000, or AED 1,433 per sqft, 24% above the AED 1,154 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2025, is AED 130,000 a year: a gross yield of 8.7% on the 2012 price, before the service charge of about AED 24,100 a year.
Sales and rents for 3405 over time
3405 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Residences 7 (T3), and where 3405 sits
All 84 1-beds →3405 last sold in June 2012 at AED 1,433 per sqft, 24% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,154). Over the last 12 months one-beds sold for AED 2,050,000, around AED 2,240 per sqft, and rent for AED 85,000 to 140,000 a year. 3405's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20269 April 2026 | 915 sqft | 2,050,000 | 2,240 | ||
| 12 Sep 202512 September 2025 | 915 sqft | 2,500,000 | 2,732 | ||
| 20 Aug 202520 August 2025 | 1,046 sqft | 2,305,000 | 2,203 | ||
| 25 Jul 202525 July 2025 | 915 sqft | 2,180,000 | 2,382 |
The Residences 7 (T3)
Building189 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%
Other units on the 34th floor
All 189 units in The Residences 7 (T3)3405, The Residences 7 (T3) in numbers
- Sold twice: first on 10 June 2012 for AED 1,604,888, last on 14 June 2012 for AED 1,500,000 (AED 1,433 per sqft).
- Rented since February 2018 on 4 Ejari contracts, from AED 120,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2012 price is 8.7%, before a service charge of about AED 24,100 a year (AED 23.00 per sqft).
- One-beds in The Residences 7 (T3) sold for AED 2,050,000–2,050,000 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 1 September 2025.
Questions about 3405, The Residences 7 (T3)
What did unit 3405 last sell for?
AED 1,500,000 on 14 June 2012: AED 1,433 per sqft for 1,046 sqft. The unit has 2 registered sales; the first was AED 1,604,888 in June 2012.
What is the rent for unit 3405?
AED 130,000 a year on the contract signed on 1 September 2025. The previous contract, from October 2023, was AED 145,000; the unit has been rented since February 2018.
How big is unit 3405?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 34th floor of a 40-storey tower completed in 2007.
What is unit 3405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 7 (T3) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 2,240 per sqft.
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Mortgage on 3405, The Residences 7 (T3)
Starts from the last sale price (AED 1.5M, 14 June 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →