3-bed · 3,148 sqftThe Residences 7 (T3), Downtown Dubai · 40th floor · completed 2007

4001, The Residences 7 (T3)

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 28 December 2022
Last soldAED 9.7M28 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, The Residences 7 (T3)

What is 4001 worth today?

Last sold for AED 9,700,000 in 2022

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28 Dec 2022SoldReady
AED 9,700,000AED 3,081 per sqft
25 Oct 2010Sold by developerReady
AED 5,769,600AED 1,832 per sqft

Source: Dubai Land Department. Updated 28 December 2022.

Key facts

Type
3-bed apartment
Size
3,148 sqft
Floor
40th of 40
Parking
362 / 363
Developer
Emaar
Completed
2007
Service charge
AED 72,400 /yr
Last sold
AED 9.7M · December 2022

About 4001, The Residences 7 (T3)

4001 is a three-bedroom apartment of 3,148 sqft on the 40th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 28 December 2022 for AED 9,700,000, or AED 3,081 per sqft, 15% above the AED 2,689 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4001 over time

Sales
Unit 4001, each saleTypical three-bed in The Residences 7 (T3)
5M10M2008201320182023Typical sale price by year: 2008 AED 3,045,800; 2009 AED 2,152,256; 2010 AED 3,196,888; 2011 AED 3,300,000; 2012 AED 4,024,888; 2014 AED 7,625,000; 2015 AED 6,700,000; 2020 AED 3,864,250; 2021 AED 3,900,000; 2022 AED 5,600,000; 2024 AED 5,374,428; 2025 AED 6,725,000Sold by developer, October 2010: AED 5,769,600 (AED 1,832 per sqft)Sold, December 2022: AED 9,700,000 (AED 3,081 per sqft)

4001 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4001, each contractTypical three-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 230,000; 2014 AED 290,000; 2015 AED 290,000; 2016 AED 279,500; 2017 AED 270,000; 2018 AED 234,552; 2019 AED 210,000; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 250,000; 2024 AED 250,000; 2025 AED 280,000; 2026 AED 300,000

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 4001 sits

All 37 3-beds →

4001 last sold in December 2022 at AED 3,081 per sqft, 15% above what three-beds in The Residences 7 (T3) were fetching at the time (AED 2,689).

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20256,200,000
28 May 20256,950,000
19 Feb 20256,750,000
29 Jan 20256,700,000
0 3-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 →

4001, The Residences 7 (T3) in numbers

  • Sold twice: first on 25 October 2010 for AED 5,769,600, last on 28 December 2022 for AED 9,700,000 (AED 3,081 per sqft).

Source: Dubai Land Department. Updated 28 December 2022.

Questions about 4001, The Residences 7 (T3)

What did unit 4001 last sell for?

AED 9,700,000 on 28 December 2022: AED 3,081 per sqft for 3,148 sqft. The unit has 2 registered sales; the first was AED 5,769,600 in October 2010.

How big is unit 4001?

3,148 sqft (292.5 sqm): a three-bedroom apartment on the 40th floor of a 40-storey tower completed in 2007.

What is unit 4001 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 4001, The Residences 7 (T3)

Starts from the last sale price (AED 9.7M, 28 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,700,000
Deposit, UAE resident (20%)
AED 1,940,000
Deposit, non-resident (40%)
AED 3,880,000
Monthly over 25 years at 3.7%
AED 39,686

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