705, The Residences 7 (T3)
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, The Residences 7 (T3)
What is 705 worth today?
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Source: Dubai Land Department. Updated 22 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,046 sqft
- Floor
- 7th of 40
- Parking
- 126
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 24,100 /yr
- Last sold
- AED 961K · September 2010
- Building
- The Residences 7 (T3)
About 705, The Residences 7 (T3)
705 is a one-bedroom apartment of 1,046 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 1 September 2010 for AED 960,888, or AED 918 per sqft, 21% below the AED 1,162 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 22 February 2026, is AED 120,000 a year: a gross yield of 12.5% on the 2010 price, before the service charge of about AED 24,100 a year.
Sales and rents for 705 over time
705 has sold once; 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 705 sits
All 84 1-beds →705 last sold in September 2010 at AED 918 per sqft, 21% below what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,162). 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. 705'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 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 | |
| 703 | 2-bed | 1,650 sqft | AED 2.11MAED 2,106,800 · Jan 2011January 2011 | 220,000 /yr | |
| 704 | 1-bed | 778 sqft | AED 1.02MAED 1,020,000 · Mar 2019March 2019 | 100,000 /yr |
705, The Residences 7 (T3) in numbers
- Sold once: by Emaar on 1 September 2010 for AED 960,888, or AED 918 per sqft.
- Rented since April 2014 on 14 Ejari contracts. The rent fell from AED 94,500 to AED 80,000 in 2021 and recovered to AED 120,000 by February 2026.
- At AED 120,000 a year the gross yield on the 2010 price is 12.5%, 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 22 February 2026.
Questions about 705, The Residences 7 (T3)
What did unit 705 last sell for?
AED 960,888 on 1 September 2010, sold by the developer: AED 918 per sqft for 1,046 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 120,000 a year on the contract renewed on 22 February 2026. The previous contract, from February 2025, was AED 120,000; the unit has been rented since April 2014.
How big is unit 705?
1,046 sqft (97.2 sqm): a one-bedroom apartment on the 7th floor of a 40-storey tower completed in 2007.
What is unit 705 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 705, The Residences 7 (T3)
Starts from the last sale price (AED 961K, 1 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 960,888
- Deposit, UAE resident (20%)
- AED 192,178
- Deposit, non-resident (40%)
- AED 384,355
- Monthly over 25 years at 3.7%
- AED 3,931
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →