3502, The Residences 7 (T3)
Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3502, The Residences 7 (T3)
What is 3502 worth today?
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Source: Dubai Land Department. Updated 13 June 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,082 sqft
- Floor
- 35th of 40
- Parking
- 385 / 386
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 47,900 /yr
- Last sold
- AED 6.4M · June 2022
- Building
- The Residences 7 (T3)
About 3502, The Residences 7 (T3)
3502 is a three-bedroom apartment of 2,082 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 13 June 2022 for AED 6,400,000, or AED 3,074 per sqft, 10% above the AED 2,785 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 January 2021, is AED 190,000 a year: a gross yield of 3.0% on the 2022 price, before the service charge of about AED 47,900 a year.
Sales and rents for 3502 over time
3502 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 3502 sits
All 37 3-beds →3502 last sold in June 2022 at AED 3,074 per sqft, 10% above what three-beds in The Residences 7 (T3) were fetching at the time (AED 2,785). 3502's AED 190,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 2,082 sqft | 6,200,000 | 2,977 | ||
| 28 May 202528 May 2025 | 2,082 sqft | 6,950,000 | 3,338 | ||
| 19 Feb 202519 February 2025 | 2,082 sqft | 6,750,000 | 3,242 | ||
| 29 Jan 202529 January 2025 | 2,082 sqft | 6,700,000 | 3,218 |
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 | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,452 sqft | AED 3.75MAED 3,750,000 · Aug 2012August 2012 | 155,000 /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 |
3502, The Residences 7 (T3) in numbers
- Sold 4 times: first on 10 August 2010 for AED 7,601,888, last on 13 June 2022 for AED 6,400,000 (AED 3,074 per sqft).
- Rented since January 2014 on 7 Ejari contracts, from AED 157,500 to AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2022 price is 3.0%, before a service charge of about AED 47,900 a year (AED 23.00 per sqft).
Source: Dubai Land Department. Updated 13 June 2022.
Questions about 3502, The Residences 7 (T3)
What did unit 3502 last sell for?
AED 6,400,000 on 13 June 2022: AED 3,074 per sqft for 2,082 sqft. The unit has 4 registered sales; the first was AED 7,601,888 in August 2010.
What is the rent for unit 3502?
AED 190,000 a year on the contract renewed on 1 January 2021. The previous contract, from January 2020, was AED 190,000; the unit has been rented since January 2014.
How big is unit 3502?
2,082 sqft (193.4 sqm): a three-bedroom apartment on the 35th floor of a 40-storey tower completed in 2007.
What is unit 3502 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 3502, The Residences 7 (T3)
Starts from the last sale price (AED 6.4M, 13 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,400,000
- Deposit, UAE resident (20%)
- AED 1,280,000
- Deposit, non-resident (40%)
- AED 2,560,000
- Monthly over 25 years at 3.7%
- AED 26,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →