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2-bed · 1,629 sqftThe Residences 7 (T3), Downtown Dubai · 38th floor · completed 2007

3803, The Residences 7 (T3)

Sold prices and rental history: sold 6 times, last in April 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 11 April 2019
Last soldAED 2.7M11 April 2019
Current rentAED 190K /yr13 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3803, The Residences 7 (T3)

What is 3803 worth today?

Last sold for AED 2,700,000 in 2019

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11 Apr 2019SoldReady
AED 2,700,000AED 1,657 per sqft
16 May 2018SoldReady
AED 3,591,491AED 2,204 per sqft
13 Feb 2017RentedNew contract
AED 190,000/yr12 months · AED 117 per sqft
25 Jan 2017SoldReady
AED 3,900,000AED 2,394 per sqft
30 May 2016SoldReady
AED 4,200,000AED 2,578 per sqft
13 Feb 2016RentedRenewal
AED 200,000/yr12 months · AED 123 per sqft
13 Sep 2015RentedRenewal
AED 169,999/yr5 months · AED 105 per sqft
12 Sep 2014RentedNew contract
AED 169,529/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 11 April 2019.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
38th of 40
Parking
384
Developer
Emaar
Completed
2007
Service charge
AED 37,500 /yr
Last sold
AED 2.7M · April 2019
Building
The Residences 7 (T3)

About 3803, The Residences 7 (T3)

3803 is a two-bedroom apartment of 1,629 sqft on the 38th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 11 April 2019 for AED 2,700,000, or AED 1,657 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 13 February 2017, is AED 190,000 a year: a gross yield of 7.0% on the 2019 price, before the service charge of about AED 37,500 a year.

Sales and rents for 3803 over time

Sales
Unit 3803, 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, April 2011: AED 3,937,888 (AED 2,417 per sqft)Sold, March 2013: AED 4,100,000 (AED 2,516 per sqft)Sold, May 2016: AED 4,200,000 (AED 2,578 per sqft)Sold, January 2017: AED 3,900,000 (AED 2,394 per sqft)Sold, May 2018: AED 3,591,491 (AED 2,204 per sqft)Sold, April 2019: AED 2,700,000 (AED 1,657 per sqft)

3803 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3803, each contractTypical two-bed in The Residences 7 (T3)
150K200K2012201620202024Typical 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, September 2013: AED 169,529 a yearNew contract, September 2014: AED 169,529 a yearRenewal, September 2015: AED 169,999 a yearRenewal, February 2016: AED 200,000 a yearNew contract, February 2017: AED 190,000 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 3803 sits

All 72 2-beds →

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. 3803's AED 190,000 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 38th floor

All 189 units in The Residences 7 (T3)
Value
38012-bedAED 2.65M · Sep 2011
38023-bedAED 6.95M · May 2025
38041-bedAED 1.77M · May 2013
38051-bedAED 1.5M · Jan 2013

3803, The Residences 7 (T3) in numbers

  • Sold 6 times: first on 27 April 2011 for AED 3,937,888, last on 11 April 2019 for AED 2,700,000 (AED 1,657 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 169,529 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2019 price is 7.0%, before a service charge of about AED 37,500 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 11 April 2019.

Questions about 3803, The Residences 7 (T3)

What did unit 3803 last sell for?

AED 2,700,000 on 11 April 2019: AED 1,657 per sqft for 1,629 sqft. The unit has 6 registered sales; the first was AED 3,937,888 in April 2011.

What is the rent for unit 3803?

AED 190,000 a year on the contract signed on 13 February 2017. The previous contract, from February 2016, was AED 200,000; the unit has been rented since September 2013.

How big is unit 3803?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 38th floor of a 40-storey tower completed in 2007.

What is unit 3803 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 3803, The Residences 7 (T3)

Starts from the last sale price (AED 2.7M, 11 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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