2-bed · 536 sqftThe Residences 7 (T3), Downtown Dubai · 6th floor · completed 2007

603, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 26 June 2026
Last soldAED 2.06M12 April 2011
Current rentAED 193K /yr26 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, The Residences 7 (T3)

What is 603 worth today?

Last sold for AED 2,062,026 in 2011

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26 Jun 2026RentedNew contract
AED 192,500/yr12 months · AED 117 per sqft
1 Apr 2024RentedRenewal
AED 135,300/yr12 months · AED 82 per sqft
1 Apr 2023RentedRenewal
AED 123,000/yr12 months · AED 75 per sqft
1 Apr 2022RentedRenewal
AED 123,000/yr12 months · AED 75 per sqft
1 Apr 2021RentedRenewal
AED 123,000/yr12 months · AED 75 per sqft
1 Apr 2020RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
20 Mar 2019RentedRenewal
AED 150,000/yr12 months · AED 91 per sqft
20 Mar 2017RentedRenewal
AED 190,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 26 June 2026.

Key facts

Type
2-bed apartment
Size
536 sqft
Floor
6th of 40
Parking
591
Developer
Emaar
Completed
2007
Service charge
AED 12,300 /yr
Last sold
AED 2.06M · April 2011

About 603, The Residences 7 (T3)

603 is a two-bedroom apartment of 536 sqft on the 6th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 12 April 2011 for AED 2,062,026, or AED 1,249 per sqft, 17% below the AED 1,506 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 26 June 2026, is AED 192,500 a year: a gross yield of 9.3% on the 2011 price, before the service charge of about AED 12,300 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, April 2011: AED 2,062,026 (AED 1,249 per sqft)

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

Rents
Unit 603, 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, January 2013: AED 160,000 a yearNew contract, March 2014: AED 190,000 a yearNew contract, March 2015: AED 190,000 a yearRenewal, March 2016: AED 190,000 a yearRenewal, March 2017: AED 190,000 a yearRenewal, March 2019: AED 150,000 a yearNew contract, April 2020: AED 135,000 a yearRenewal, April 2021: AED 123,000 a yearRenewal, April 2022: AED 123,000 a yearRenewal, April 2023: AED 123,000 a yearRenewal, April 2024: AED 135,300 a yearNew contract, June 2026: AED 192,500 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 603 sits

All 72 2-beds →

603 last sold in April 2011 at AED 1,249 per sqft, 17% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,506). 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. 603's AED 192,500 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 6th floor

All 189 units in The Residences 7 (T3)
Value
6012-bedAED 2M · Feb 2021
6023-bedAED 8.05M · Jan 2014
6041-bedAED 1.75M · Nov 2023
6051-bedAED 958K · Nov 2008

603, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 12 April 2011 for AED 2,062,026, or AED 1,249 per sqft.
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 160,000 to AED 123,000 in 2023 and recovered to AED 192,500 by June 2026.
  • At AED 192,500 a year the gross yield on the 2011 price is 9.3%, before a service charge of about AED 12,300 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 26 June 2026.

Questions about 603, The Residences 7 (T3)

What did unit 603 last sell for?

AED 2,062,026 on 12 April 2011, sold by the developer: AED 1,249 per sqft for 536 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 192,500 a year on the contract signed on 26 June 2026. The previous contract, from April 2024, was AED 135,300; the unit has been rented since January 2013.

How big is unit 603?

536 sqft (49.8 sqm): a two-bedroom apartment on the 6th floor of a 40-storey tower completed in 2007.

What is unit 603 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 603, The Residences 7 (T3)

Starts from the last sale price (AED 2.06M, 12 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,062,026
Deposit, UAE resident (20%)
AED 412,405
Deposit, non-resident (40%)
AED 824,810
Monthly over 25 years at 3.7%
AED 8,436

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