2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 37th floor · completed 2007

3701, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 2.75M18 May 2010
Current rentAED 247K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, The Residences 7 (T3)

What is 3701 worth today?

Last sold for AED 2,750,000 in 2010

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10 Feb 2025RentedRenewal
AED 247,000/yr12 months · AED 170 per sqft
10 Feb 2025RentedRenewal
AED 247,000/yr12 months · AED 170 per sqft
10 Feb 2024RentedRenewal
AED 235,000/yr12 months · AED 162 per sqft
10 Feb 2023RentedNew contract
AED 235,000/yr12 months · AED 162 per sqft
14 Nov 2021RentedRenewal
AED 136,000/yr12 months · AED 94 per sqft
14 Nov 2020RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft
14 Nov 2019RentedNew contract
AED 135,000/yr12 months · AED 93 per sqft
11 Oct 2018RentedNew contract
AED 170,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
37th of 40
Parking
262
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 2.75M · May 2010

About 3701, The Residences 7 (T3)

3701 is a two-bedroom apartment of 1,452 sqft on the 37th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 18 May 2010 for AED 2,750,000, or AED 1,893 per sqft, 37% above the AED 1,377 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 247,000 a year: a gross yield of 9.0% on the 2010 price, before the service charge of about AED 33,400 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, 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 2009: AED 1,048,444 (AED 722 per sqft)Sold, May 2010: AED 2,750,000 (AED 1,893 per sqft)

3701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3701, each contractTypical two-bed in The Residences 7 (T3)
200K2012201620202024Typical 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 2013: AED 165,000 a yearNew contract, July 2014: AED 195,000 a yearNew contract, July 2015: AED 204,750 a yearRenewal, July 2016: AED 204,750 a yearRenewal, July 2017: AED 204,750 a yearRenewal, July 2018: AED 204,750 a yearNew contract, October 2018: AED 170,000 a yearNew contract, November 2019: AED 135,000 a yearRenewal, November 2020: AED 130,000 a yearRenewal, November 2021: AED 136,000 a yearNew contract, February 2023: AED 235,000 a yearRenewal, February 2024: AED 235,000 a yearRenewal, February 2025: AED 247,000 a yearRenewal, February 2025: AED 247,000 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 3701 sits

All 72 2-beds →

3701 last sold in May 2010 at AED 1,893 per sqft, 37% 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. 3701's AED 247,000 is in the upper half 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 37th floor

All 189 units in The Residences 7 (T3)
Value
37023-bedAED 4.02M · Oct 2012
37032-bedAED 3.25M · Jan 2025
37041-bedAED 2.06M · Jul 2015
37051-bedAED 1.85M · Oct 2023

3701, The Residences 7 (T3) in numbers

  • Sold twice: first on 15 July 2009 for AED 1,048,444, last on 18 May 2010 for AED 2,750,000 (AED 1,893 per sqft).
  • Rented since June 2013 on 14 Ejari contracts. The rent fell from AED 165,000 to AED 130,000 in 2020 and recovered to AED 247,000 by February 2025.
  • At AED 247,000 a year the gross yield on the 2010 price is 9.0%, 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 10 February 2025.

Questions about 3701, The Residences 7 (T3)

What did unit 3701 last sell for?

AED 2,750,000 on 18 May 2010: AED 1,893 per sqft for 1,452 sqft. The unit has 2 registered sales; the first was AED 1,048,444 in July 2009.

What is the rent for unit 3701?

AED 247,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2025, was AED 247,000; the unit has been rented since June 2013.

How big is unit 3701?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 37th floor of a 40-storey tower completed in 2007.

What is unit 3701 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 3701, The Residences 7 (T3)

Starts from the last sale price (AED 2.75M, 18 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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