2-bed · 1,650 sqftThe Residences 7 (T3), Downtown Dubai · 8th floor · completed 2007

803, The Residences 7 (T3)

Sold prices and rental history: sold once, by the developer in August 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 12 August 2010
Last soldAED 2.15M12 August 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, The Residences 7 (T3)

What is 803 worth today?

Last sold for AED 2,149,888 in 2010

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12 Aug 2010Sold by developerReady
AED 2,149,888AED 1,302 per sqft

Source: Dubai Land Department. Updated 12 August 2010.

Key facts

Type
2-bed apartment
Size
1,650 sqft
Floor
8th of 40
Parking
578
Developer
Emaar
Completed
2007
Service charge
AED 38,000 /yr
Last sold
AED 2.15M · August 2010

About 803, The Residences 7 (T3)

803 is a two-bedroom apartment of 1,650 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 12 August 2010 for AED 2,149,888, or AED 1,302 per sqft, in line with the AED 1,321 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 803 over time

Sales
Unit 803, 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, August 2010: AED 2,149,888 (AED 1,302 per sqft)

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

Rents
Unit 803, 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 200,000

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 803 sits

All 72 2-beds →

803 last sold in August 2010 at AED 1,302 per sqft, in line with what two-beds in The Residences 7 (T3) were fetching at the time (AED 1,321). 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.

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 8th floor

All 189 units in The Residences 7 (T3)
Value
8012-bedAED 3M · Nov 2016
8023-bedAED 2.77M · Oct 2008
8041-bedAED 1.55M · Jan 2013
8051-bedAED 1.84M · Mar 2016

803, The Residences 7 (T3) in numbers

  • Sold once: by Emaar on 12 August 2010 for AED 2,149,888, or AED 1,302 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 12 August 2010.

Questions about 803, The Residences 7 (T3)

What did unit 803 last sell for?

AED 2,149,888 on 12 August 2010, sold by the developer: AED 1,302 per sqft for 1,650 sqft. It is the only registered sale of the unit.

How big is unit 803?

1,650 sqft (153.3 sqm): a two-bedroom apartment on the 8th floor of a 40-storey tower completed in 2007.

What is unit 803 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 803, The Residences 7 (T3)

Starts from the last sale price (AED 2.15M, 12 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,149,888
Deposit, UAE resident (20%)
AED 429,978
Deposit, non-resident (40%)
AED 859,955
Monthly over 25 years at 3.7%
AED 8,796

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