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1-bed · 1,046 sqftThe Residences 7 (T3), Downtown Dubai · 4th floor · completed 2007

405, The Residences 7 (T3)

Sold prices and rental history: sold 5 times, last in October 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 1.6M24 October 2021
Current rentAED 96K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, The Residences 7 (T3)

What is 405 worth today?

Last sold for AED 1,595,000 in 2021

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5 Dec 2025RentedRenewal
AED 96,000/yr12 months · AED 92 per sqft
5 Dec 2024RentedRenewal
AED 94,000/yr12 months · AED 90 per sqft
5 Dec 2024RentedRenewal
AED 94,000/yr12 months · AED 90 per sqft
5 Dec 2023RentedRenewal
AED 92,000/yr12 months · AED 88 per sqft
5 Dec 2022RentedRenewal
AED 80,850/yr12 months · AED 77 per sqft
5 Dec 2021RentedNew contract
AED 77,000/yr12 months · AED 74 per sqft
24 Oct 2021SoldReady
AED 1,595,000AED 1,524 per sqft
5 Apr 2021SoldReady
AED 1,100,000AED 1,051 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
1-bed apartment
Size
1,046 sqft
Floor
4th of 40
Parking
122
Developer
Emaar
Completed
2007
Service charge
AED 24,100 /yr
Last sold
AED 1.6M · October 2021
Building
The Residences 7 (T3)

About 405, The Residences 7 (T3)

405 is a one-bedroom apartment of 1,046 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 24 October 2021 for AED 1,595,000, or AED 1,524 per sqft, 39% above the AED 1,094 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 96,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 24,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in The Residences 7 (T3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,029,800; 2009 AED 1,098,800; 2010 AED 1,058,800; 2011 AED 1,045,900; 2012 AED 1,442,444; 2013 AED 1,650,000; 2014 AED 1,950,000; 2015 AED 1,950,000; 2017 AED 1,735,000; 2019 AED 1,300,000; 2021 AED 1,262,500; 2022 AED 1,510,000; 2023 AED 1,750,000; 2024 AED 1,900,000; 2025 AED 2,250,000Sold by developer, August 2010: AED 2,000,000 (AED 1,911 per sqft)Sold, September 2015: AED 2,200,000 (AED 2,103 per sqft)Sold, April 2019: AED 1,600,000 (AED 1,529 per sqft)Sold, April 2021: AED 1,100,000 (AED 1,051 per sqft)Sold, October 2021: AED 1,595,000 (AED 1,524 per sqft)

405 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, each contractTypical one-bed in The Residences 7 (T3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 81,500; 2013 AED 101,250; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 92,000; 2020 AED 82,500; 2021 AED 79,500; 2022 AED 85,001; 2023 AED 100,000; 2024 AED 115,000; 2025 AED 122,000; 2026 AED 125,000New contract, June 2013: AED 95,000 a yearNew contract, July 2017: AED 115,000 a yearNew contract, November 2018: AED 80,000 a yearRenewal, November 2019: AED 80,000 a yearNew contract, December 2020: AED 70,000 a yearNew contract, December 2021: AED 77,000 a yearRenewal, December 2022: AED 80,850 a yearRenewal, December 2023: AED 92,000 a yearRenewal, December 2024: AED 94,000 a yearRenewal, December 2024: AED 94,000 a yearRenewal, December 2025: AED 96,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Residences 7 (T3), and where 405 sits

All 84 1-beds →

405 last sold in October 2021 at AED 1,524 per sqft, 39% above what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,094). Over the last 12 months one-beds sold for AED 2,050,000, around AED 2,240 per sqft, and rent for AED 85,000 to 140,000 a year. 405's AED 96,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Apr 20262,050,000
12 Sep 20252,500,000
20 Aug 20252,305,000
25 Jul 20252,180,000
1 1-bed sale 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
4032-bedAED 2.85M · Aug 2010
4041-bedAED 522K · Oct 2011

405, The Residences 7 (T3) in numbers

  • Sold 5 times: first on 11 August 2010 for AED 2,000,000, last on 24 October 2021 for AED 1,595,000 (AED 1,524 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2020 and recovered to AED 96,000 by December 2025.
  • At AED 96,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 24,100 a year (AED 23.00 per sqft).
  • One-beds in The Residences 7 (T3) sold for AED 2,050,000–2,050,000 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 December 2025.

Questions about 405, The Residences 7 (T3)

What did unit 405 last sell for?

AED 1,595,000 on 24 October 2021: AED 1,524 per sqft for 1,046 sqft. The unit has 5 registered sales; the first was AED 2,000,000 in August 2010.

What is the rent for unit 405?

AED 96,000 a year on the contract renewed on 5 December 2025. The previous contract, from December 2024, was AED 94,000; the unit has been rented since June 2013.

How big is unit 405?

1,046 sqft (97.2 sqm): a one-bedroom apartment on the 4th floor of a 40-storey tower completed in 2007.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Residences 7 (T3) sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 2,240 per sqft.

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Mortgage on 405, The Residences 7 (T3)

Starts from the last sale price (AED 1.6M, 24 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,595,000
Deposit, UAE resident (20%)
AED 319,000
Deposit, non-resident (40%)
AED 638,000
Monthly over 25 years at 3.7%
AED 6,526

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