504, The Residences 7 (T3)
Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, The Residences 7 (T3)
What is 504 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 915 sqft
- Floor
- 5th of 40
- Parking
- 141
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 21,000 /yr
- Last sold
- AED 650K · November 2018
- Building
- The Residences 7 (T3)
About 504, The Residences 7 (T3)
504 is a one-bedroom apartment of 915 sqft on the 5th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 13 November 2018 for AED 650,000, or AED 710 per sqft, 51% below the AED 1,446 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 15 February 2026, is AED 120,000 a year: a gross yield of 18.5% on the 2018 price, before the service charge of about AED 21,000 a year.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the one-bed median of each year in the building.
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 504 sits
All 84 1-beds →504 last sold in November 2018 at AED 710 per sqft, 51% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,446). 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. 504's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20269 April 2026 | 915 sqft | 2,050,000 | 2,240 | ||
| 12 Sep 202512 September 2025 | 915 sqft | 2,500,000 | 2,732 | ||
| 20 Aug 202520 August 2025 | 1,046 sqft | 2,305,000 | 2,203 | ||
| 25 Jul 202525 July 2025 | 915 sqft | 2,180,000 | 2,382 |
The Residences 7 (T3)
Building189 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%
Other units on the 5th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,452 sqft | AED 1.7MAED 1,704,888 · Aug 2010August 2010 | 200,000 /yr | |
| 502 | 3-bed | 2,082 sqft | AED 6.2MAED 6,200,000 · Mar 2024March 2024 | 375,000 /yr | |
| 503 | 2-bed | 1,650 sqft | AED 1.06MAED 1,056,900 · Jan 2009January 2009 | 215,000 /yr | |
| 505 | 1-bed | 1,046 sqft | AED 955KAED 954,800 · Feb 2009February 2009 | 120,000 /yr |
504, The Residences 7 (T3) in numbers
- Sold twice: first on 25 July 2011 for AED 998,800, last on 13 November 2018 for AED 650,000 (AED 710 per sqft).
- Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 62,000 in 2021 and recovered to AED 120,000 by February 2026.
- At AED 120,000 a year the gross yield on the 2018 price is 18.5%, before a service charge of about AED 21,000 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 15 February 2026.
Questions about 504, The Residences 7 (T3)
What did unit 504 last sell for?
AED 650,000 on 13 November 2018: AED 710 per sqft for 915 sqft. The unit has 2 registered sales; the first was AED 998,800 in July 2011.
What is the rent for unit 504?
AED 120,000 a year on the contract signed on 15 February 2026. The previous contract, from January 2025, was AED 110,000; the unit has been rented since September 2018.
How big is unit 504?
915 sqft (85.0 sqm): a one-bedroom apartment on the 5th floor of a 40-storey tower completed in 2007.
What is unit 504 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 504, The Residences 7 (T3)
Starts from the last sale price (AED 650K, 13 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →