3-bed · 2,082 sqftThe Residences 7 (T3), Downtown Dubai · 8th floor · completed 2007

802, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in October 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 30 October 2008
Last soldAED 2.77M30 October 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, The Residences 7 (T3)

What is 802 worth today?

Last sold for AED 2,768,800 in 2008

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30 Oct 2008Sold by developerReady
AED 2,768,800AED 1,329 per sqft

Source: Dubai Land Department. Updated 30 October 2008.

Key facts

Type
3-bed apartment
Size
2,082 sqft
Floor
8th of 40
Parking
536 / 537
Developer
Emaar
Completed
2007
Service charge
AED 47,900 /yr
Last sold
AED 2.77M · October 2008

About 802, The Residences 7 (T3)

802 is a three-bedroom apartment of 2,082 sqft on the 8th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. The developer sold it on 30 October 2008 for AED 2,768,800, or AED 1,329 per sqft, 11% below the AED 1,487 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical three-bed in The Residences 7 (T3)
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 3,045,800; 2009 AED 2,152,256; 2010 AED 3,196,888; 2011 AED 3,300,000; 2012 AED 4,024,888; 2014 AED 7,625,000; 2015 AED 6,700,000; 2020 AED 3,864,250; 2021 AED 3,900,000; 2022 AED 5,600,000; 2024 AED 5,374,428; 2025 AED 6,725,000Sold by developer, October 2008: AED 2,768,800 (AED 1,329 per sqft)

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

Rents
Unit 802, each contractTypical three-bed in The Residences 7 (T3)
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 230,000; 2014 AED 290,000; 2015 AED 290,000; 2016 AED 279,500; 2017 AED 270,000; 2018 AED 234,552; 2019 AED 210,000; 2020 AED 180,000; 2021 AED 185,000; 2022 AED 210,000; 2023 AED 250,000; 2024 AED 250,000; 2025 AED 280,000; 2026 AED 300,000

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

3-beds in The Residences 7 (T3), and where 802 sits

All 37 3-beds →

802 last sold in October 2008 at AED 1,329 per sqft, 11% below what three-beds in The Residences 7 (T3) were fetching at the time (AED 1,487).

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jun 20256,200,000
28 May 20256,950,000
19 Feb 20256,750,000
29 Jan 20256,700,000
0 3-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 8th floor

All 189 units in The Residences 7 (T3)
Value
8012-bedAED 3M · Nov 2016
8032-bedAED 2.15M · Aug 2010
8041-bedAED 1.55M · Jan 2013
8051-bedAED 1.84M · Mar 2016

802, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 30 October 2008 for AED 2,768,800, or AED 1,329 per sqft.

Source: Dubai Land Department. Updated 30 October 2008.

Questions about 802, The Residences 7 (T3)

What did unit 802 last sell for?

AED 2,768,800 on 30 October 2008, sold by the developer: AED 1,329 per sqft for 2,082 sqft. It is the only registered sale of the unit.

How big is unit 802?

2,082 sqft (193.4 sqm): a three-bedroom apartment on the 8th floor of a 40-storey tower completed in 2007.

What is unit 802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 802, The Residences 7 (T3)

Starts from the last sale price (AED 2.77M, 30 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,768,800
Deposit, UAE resident (20%)
AED 553,760
Deposit, non-resident (40%)
AED 1,107,520
Monthly over 25 years at 3.7%
AED 11,328

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