703, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, The Residences 7 (T3)
What is 703 worth today?
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Source: Dubai Land Department. Updated 8 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,650 sqft
- Floor
- 7th of 40
- Parking
- 261
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 38,000 /yr
- Last sold
- AED 2.11M · January 2011
- Building
- The Residences 7 (T3)
About 703, The Residences 7 (T3)
703 is a two-bedroom apartment of 1,650 sqft on the 7th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 24 January 2011 for AED 2,106,800, or AED 1,276 per sqft, 17% below the AED 1,529 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 8 February 2026, is AED 220,000 a year: a gross yield of 10.4% on the 2011 price, before the service charge of about AED 38,000 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the two-bed median of each year in the building.
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 703 sits
All 72 2-beds →703 last sold in January 2011 at AED 1,276 per sqft, 17% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,529). 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. 703's AED 220,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Feb 202624 February 2026 | 1,650 sqft | 5,100,000 | 3,090 | ||
| 25 Dec 202525 December 2025 | 825 sqft | 2,562,500 | 3,106 | ||
| 24 Dec 202524 December 2025 | 825 sqft | 2,562,500 | 3,105 | ||
| 10 Dec 202510 December 2025 | 1,650 sqft | 5,125,000 | 3,106 |
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 7th floor
All 189 units in The Residences 7 (T3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,452 sqft | AED 4MAED 4,000,000 · Sep 2014September 2014 | 149,198 /yr | |
| 702 | 3-bed | 2,082 sqft | AED 2.75MAED 2,754,800 · Nov 2008November 2008 | 300,000 /yr | |
| 704 | 1-bed | 778 sqft | AED 1.02MAED 1,020,000 · Mar 2019March 2019 | 100,000 /yr | |
| 705 | 1-bed | 1,046 sqft | AED 961KAED 960,888 · Sep 2010September 2010 | 120,000 /yr |
703, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 24 January 2011 for AED 2,106,800, or AED 1,276 per sqft.
- Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 215,000 to AED 120,000 in 2021 and recovered to AED 220,000 by February 2026.
- At AED 220,000 a year the gross yield on the 2011 price is 10.4%, before a service charge of about AED 38,000 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 8 February 2026.
Questions about 703, The Residences 7 (T3)
What did unit 703 last sell for?
AED 2,106,800 on 24 January 2011, sold by the developer: AED 1,276 per sqft for 1,650 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 220,000 a year on the contract signed on 8 February 2026. The previous contract, from October 2023, was AED 138,763; the unit has been rented since March 2015.
How big is unit 703?
1,650 sqft (153.3 sqm): a two-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 703 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 703, The Residences 7 (T3)
Starts from the last sale price (AED 2.11M, 24 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,106,800
- Deposit, UAE resident (20%)
- AED 421,360
- Deposit, non-resident (40%)
- AED 842,720
- Monthly over 25 years at 3.7%
- AED 8,620
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →