2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 4th floor · completed 2007

401, The Residences 7 (T3)

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 3.95M9 July 2025
Current rentAED 205K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, The Residences 7 (T3)

What is 401 worth today?

Last sold for AED 3,950,000 in 2025

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5 Sep 2026RentedNew contract
AED 205,000/yr12 months · AED 141 per sqft
9 Jul 2025SoldReady
AED 3,950,000AED 2,720 per sqft
28 Mar 2022RentedRenewal
AED 140,000/yr12 months · AED 96 per sqft
28 Mar 2021RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
28 Mar 2020RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
2 Apr 2019RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft
4 Feb 2013SoldReady
AED 3,300,000AED 2,272 per sqft
15 Oct 2008Sold by developerReady
AED 2,421,888AED 1,667 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
4th of 40
Parking
429
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 3.95M · July 2025

About 401, The Residences 7 (T3)

401 is a two-bedroom apartment of 1,452 sqft on the 4th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 9 July 2025 for AED 3,950,000, or AED 2,720 per sqft, 12% above the AED 2,433 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 September 2026, is AED 205,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 33,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, October 2008: AED 2,421,888 (AED 1,667 per sqft)Sold, February 2013: AED 3,300,000 (AED 2,272 per sqft)Sold, July 2025: AED 3,950,000 (AED 2,720 per sqft)

401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, 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, April 2019: AED 180,000 a yearNew contract, March 2020: AED 140,000 a yearNew contract, March 2021: AED 140,000 a yearRenewal, March 2022: AED 140,000 a yearNew contract, September 2026: AED 205,000 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 401 sits

All 72 2-beds →

401 last sold in July 2025 at AED 2,720 per sqft, 12% above what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,433). 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. 401's AED 205,000 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 4th floor

All 189 units in The Residences 7 (T3)
Value
4023-bedAED 6.8M · Apr 2016
4032-bedAED 2.85M · Aug 2010
4041-bedAED 522K · Oct 2011
4051-bedAED 1.6M · Oct 2021

401, The Residences 7 (T3) in numbers

  • Sold 3 times: first on 15 October 2008 for AED 2,421,888, last on 9 July 2025 for AED 3,950,000 (AED 2,720 per sqft).
  • Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 140,000 in 2022 and recovered to AED 205,000 by September 2026.
  • At AED 205,000 a year the gross yield on the 2025 price is 5.2%, 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 5 September 2026.

Questions about 401, The Residences 7 (T3)

What did unit 401 last sell for?

AED 3,950,000 on 9 July 2025: AED 2,720 per sqft for 1,452 sqft. The unit has 3 registered sales; the first was AED 2,421,888 in October 2008.

What is the rent for unit 401?

AED 205,000 a year on the contract signed on 5 September 2026. The previous contract, from March 2022, was AED 140,000; the unit has been rented since April 2019.

How big is unit 401?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 4th floor of a 40-storey tower completed in 2007.

What is unit 401 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 401, The Residences 7 (T3)

Starts from the last sale price (AED 3.95M, 9 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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