2-bed · 1,452 sqftThe Residences 7 (T3), Downtown Dubai · 9th floor · completed 2007

901, The Residences 7 (T3)

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 6 January 2023
Last soldAED 2.8M6 January 2023
Current rentAED 125K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, The Residences 7 (T3)

What is 901 worth today?

Last sold for AED 2,800,000 in 2023

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6 Jan 2023SoldReady
AED 2,800,000AED 1,928 per sqft
1 Jul 2020RentedNew contract
AED 125,000/yr12 months · AED 86 per sqft
21 May 2019RentedRenewal
AED 180,000/yr8 months · AED 124 per sqft
21 May 2018RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft
1 Dec 2016RentedNew contract
AED 175,000/yr12 months · AED 120 per sqft
7 Dec 2014RentedNew contract
AED 190,000/yr12 months · AED 131 per sqft
8 Oct 2014SoldReady
AED 2,180,000AED 1,501 per sqft
30 Aug 2010Sold by developerReady
AED 2,358,888AED 1,624 per sqft

Source: Dubai Land Department. Updated 6 January 2023.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
9th of 40
Parking
474
Developer
Emaar
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 2.8M · January 2023

About 901, The Residences 7 (T3)

901 is a two-bedroom apartment of 1,452 sqft on the 9th floor of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 6 January 2023 for AED 2,800,000, or AED 1,928 per sqft, 9% below the AED 2,121 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 July 2020, is AED 125,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 33,400 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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 2,358,888 (AED 1,624 per sqft)Sold, October 2014: AED 2,180,000 (AED 1,501 per sqft)Sold, January 2023: AED 2,800,000 (AED 1,928 per sqft)

901 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 901, 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, December 2014: AED 190,000 a yearNew contract, December 2016: AED 175,000 a yearNew contract, May 2018: AED 180,000 a yearRenewal, May 2019: AED 180,000 a yearNew contract, July 2020: AED 125,000 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 901 sits

All 72 2-beds →

901 last sold in January 2023 at AED 1,928 per sqft, 9% below what two-beds in The Residences 7 (T3) were fetching at the time (AED 2,121). 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. 901's AED 125,000 is in the lower 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 9th floor

All 189 units in The Residences 7 (T3)
Value
9023-bedAED 2.78M · Jul 2010
9032-bedAED 2.56M · Dec 2025
9041-bedAED 1.02M · Nov 2008
9051-bedAED 967K · Sep 2010

901, The Residences 7 (T3) in numbers

  • Sold 3 times: first on 30 August 2010 for AED 2,358,888, last on 6 January 2023 for AED 2,800,000 (AED 1,928 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 190,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 33,400 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 6 January 2023.

Questions about 901, The Residences 7 (T3)

What did unit 901 last sell for?

AED 2,800,000 on 6 January 2023: AED 1,928 per sqft for 1,452 sqft. The unit has 3 registered sales; the first was AED 2,358,888 in August 2010.

What is the rent for unit 901?

AED 125,000 a year on the contract signed on 1 July 2020. The previous contract, from May 2019, was AED 180,000; the unit has been rented since December 2014.

How big is unit 901?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 9th floor of a 40-storey tower completed in 2007.

What is unit 901 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 901, The Residences 7 (T3)

Starts from the last sale price (AED 2.8M, 6 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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