2-bed · 1,629 sqftThe Residences 7 (T3), Downtown Dubai · 4th floor · completed 2007

403, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 2.85M30 August 2010
Current rentAED 180K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, The Residences 7 (T3)

What is 403 worth today?

Last sold for AED 2,853,888 in 2010

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5 Aug 2026RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
5 Aug 2025RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
5 Aug 2024RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
5 Aug 2023RentedRenewal
AED 180,000/yr12 months · AED 111 per sqft
5 Aug 2022RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
5 Aug 2021RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
5 Aug 2020RentedRenewal
AED 125,000/yr12 months · AED 77 per sqft
5 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type
2-bed apartment
Size
1,629 sqft
Floor
4th of 40
Parking
535
Developer
Emaar
Completed
2007
Service charge
AED 37,500 /yr
Last sold
AED 2.85M · August 2010

About 403, The Residences 7 (T3)

403 is a two-bedroom apartment of 1,629 sqft on the 4th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 30 August 2010 for AED 2,853,888, or AED 1,751 per sqft, 27% above the AED 1,377 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 180,000 a year: a gross yield of 6.3% on the 2010 price, before the service charge of about AED 37,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, August 2010: AED 2,853,888 (AED 1,751 per sqft)

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

Rents
Unit 403, 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, August 2014: AED 162,750 a yearRenewal, August 2015: AED 162,750 a yearRenewal, August 2016: AED 162,750 a yearRenewal, August 2017: AED 162,750 a yearNew contract, August 2018: AED 155,000 a yearRenewal, August 2019: AED 145,000 a yearRenewal, August 2020: AED 125,000 a yearRenewal, August 2021: AED 125,000 a yearRenewal, August 2022: AED 125,000 a yearRenewal, August 2023: AED 180,000 a yearRenewal, August 2024: AED 180,000 a yearRenewal, August 2025: AED 180,000 a yearRenewal, August 2026: AED 180,000 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 403 sits

All 72 2-beds →

403 last sold in August 2010 at AED 1,751 per sqft, 27% 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. 403's AED 180,000 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
4012-bedAED 3.95M · Jul 2025
4023-bedAED 6.8M · Apr 2016
4041-bedAED 522K · Oct 2011
4051-bedAED 1.6M · Oct 2021

403, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 30 August 2010 for AED 2,853,888, or AED 1,751 per sqft.
  • Rented since August 2014 on 13 Ejari contracts. The rent fell from AED 162,750 to AED 125,000 in 2022 and recovered to AED 180,000 by August 2026.
  • At AED 180,000 a year the gross yield on the 2010 price is 6.3%, 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 5 August 2026.

Questions about 403, The Residences 7 (T3)

What did unit 403 last sell for?

AED 2,853,888 on 30 August 2010, sold by the developer: AED 1,751 per sqft for 1,629 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 180,000 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 180,000; the unit has been rented since August 2014.

How big is unit 403?

1,629 sqft (151.3 sqm): a two-bedroom apartment on the 4th floor of a 40-storey tower completed in 2007.

What is unit 403 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 403, The Residences 7 (T3)

Starts from the last sale price (AED 2.85M, 30 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,853,888
Deposit, UAE resident (20%)
AED 570,778
Deposit, non-resident (40%)
AED 1,141,555
Monthly over 25 years at 3.7%
AED 11,676

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