3501, The Residences 7 (T3)
Sold prices and rental history: sold 3 times, last in August 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3501, The Residences 7 (T3)
What is 3501 worth today?
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Source: Dubai Land Department. Updated 1 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 35th of 40
- Parking
- 264
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 33,400 /yr
- Last sold
- AED 3.75M · August 2012
- Building
- The Residences 7 (T3)
About 3501, The Residences 7 (T3)
3501 is a two-bedroom apartment of 1,452 sqft on the 35th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 6 August 2012 for AED 3,750,000, or AED 2,582 per sqft, 52% above the AED 1,696 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 155,000 a year: a gross yield of 4.1% on the 2012 price, before the service charge of about AED 33,400 a year.
Sales and rents for 3501 over time
3501 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 3501 sits
All 72 2-beds →3501 last sold in August 2012 at AED 2,582 per sqft, 52% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,696). 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. 3501's AED 155,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Feb 202624 February 2026 | 1,650 sqft | 5,100,000 | 3,090 | ||
| 25 Dec 202525 December 2025 | 825 sqft | 2,562,500 | 3,106 | ||
| 24 Dec 202524 December 2025 | 825 sqft | 2,562,500 | 3,105 | ||
| 10 Dec 202510 December 2025 | 1,650 sqft | 5,125,000 | 3,106 |
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 35th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 3-bed | 2,082 sqft | AED 6.4MAED 6,400,000 · Jun 2022June 2022 | 190,000 /yr | |
| 3503 | 2-bed | 1,650 sqft | AED 4.2MAED 4,200,000 · Mar 2025March 2025 | 170,000 /yr | |
| 3504 | 1-bed | 915 sqft | AED 574KAED 574,400 · Jun 2009June 2009 | 135,000 /yr | |
| 3505 | 1-bed | 1,046 sqft | AED 1.45MAED 1,450,000 · Jul 2012July 2012 | 125,000 /yr |
3501, The Residences 7 (T3) in numbers
- Sold 3 times: first on 11 May 2009 for AED 2,072,800, last on 6 August 2012 for AED 3,750,000 (AED 2,582 per sqft).
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 135,000 in 2020 and recovered to AED 155,000 by November 2023.
- At AED 155,000 a year the gross yield on the 2012 price is 4.1%, 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 1 November 2023.
Questions about 3501, The Residences 7 (T3)
What did unit 3501 last sell for?
AED 3,750,000 on 6 August 2012: AED 2,582 per sqft for 1,452 sqft. The unit has 3 registered sales; the first was AED 2,072,800 in May 2009.
What is the rent for unit 3501?
AED 155,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 150,000; the unit has been rented since November 2017.
How big is unit 3501?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 35th floor of a 40-storey tower completed in 2007.
What is unit 3501 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 3501, The Residences 7 (T3)
Starts from the last sale price (AED 3.75M, 6 August 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 3,750,000
- Deposit, UAE resident (20%)
- AED 750,000
- Deposit, non-resident (40%)
- AED 1,500,000
- Monthly over 25 years at 3.7%
- AED 15,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →