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1-bed · 1,263 sqftThe Residences 7 (T3), Downtown Dubai · completed 2007

A203, The Residences 7 (T3)

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A203 · DLD and Ejari recordsUpdated 27 December 2023
Last soldAED 2.17M27 December 2023
Current rentAED 85K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A203, The Residences 7 (T3)

What is A203 worth today?

Last sold for AED 2,170,000 in 2023

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27 Dec 2023SoldReady
AED 2,170,000AED 1,718 per sqft
2 Oct 2023SoldReady
AED 1,800,000AED 1,425 per sqft
1 Feb 2022RentedRenewal
AED 85,000/yr12 months · AED 67 per sqft
1 Feb 2021RentedRenewal
AED 82,000/yr12 months · AED 65 per sqft
1 Feb 2020RentedRenewal
AED 88,000/yr12 months · AED 70 per sqft
1 Feb 2019RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
5 Jul 2018RentedRenewal
AED 100,000/yr12 months · AED 79 per sqft
5 Jul 2017RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 27 December 2023.

Key facts

Type
1-bed apartment
Size
1,263 sqft
Parking
581
Developer
Emaar
Completed
2007
Service charge
AED 29,100 /yr
Last sold
AED 2.17M · December 2023
Building
The Residences 7 (T3)

About A203, The Residences 7 (T3)

A203 is a one-bedroom apartment of 1,263 sqft of The Residences 7 (T3), a 40-storey tower in Downtown Dubai completed in 2007 by Emaar. It last sold on 27 December 2023 for AED 2,170,000, or AED 1,718 per sqft, in line with the AED 1,718 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 85,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 29,100 a year.

Sales and rents for A203 over time

Sales
Unit A203, each saleTypical one-bed in The Residences 7 (T3)
1M2M2008201320182023Typical sale price by year: 2008 AED 1,029,800; 2009 AED 1,098,800; 2010 AED 1,058,800; 2011 AED 1,045,900; 2012 AED 1,442,444; 2013 AED 1,650,000; 2014 AED 1,950,000; 2015 AED 1,950,000; 2017 AED 1,735,000; 2019 AED 1,300,000; 2021 AED 1,262,500; 2022 AED 1,510,000; 2023 AED 1,750,000; 2024 AED 1,900,000; 2025 AED 2,250,000Sold by developer, July 2012: AED 1,434,888 (AED 1,136 per sqft)Sold, February 2013: AED 2,000,000 (AED 1,583 per sqft)Sold, October 2023: AED 1,800,000 (AED 1,425 per sqft)Sold, December 2023: AED 2,170,000 (AED 1,718 per sqft)

A203 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A203, each contractTypical one-bed in The Residences 7 (T3)
75K100K125K2012201620202024Typical rent by year: 2012 AED 81,500; 2013 AED 101,250; 2014 AED 105,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 92,000; 2020 AED 82,500; 2021 AED 79,500; 2022 AED 85,001; 2023 AED 100,000; 2024 AED 115,000; 2025 AED 122,000; 2026 AED 125,000New contract, May 2013: AED 105,000 a yearNew contract, May 2014: AED 105,000 a yearNew contract, May 2015: AED 105,000 a yearNew contract, July 2016: AED 105,000 a yearNew contract, July 2017: AED 105,000 a yearRenewal, July 2018: AED 100,000 a yearNew contract, February 2019: AED 90,000 a yearRenewal, February 2020: AED 88,000 a yearRenewal, February 2021: AED 82,000 a yearRenewal, February 2022: AED 85,000 a year

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 A203 sits

All 84 1-beds →

A203 last sold in December 2023 at AED 1,718 per sqft, in line with what one-beds in The Residences 7 (T3) were fetching at the time (AED 1,718). 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. A203's AED 85,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Apr 20262,050,000
12 Sep 20252,500,000
20 Aug 20252,305,000
25 Jul 20252,180,000
1 1-bed sale 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 →

A203, The Residences 7 (T3) in numbers

  • Sold 4 times: first on 1 July 2012 for AED 1,434,888, last on 27 December 2023 for AED 2,170,000 (AED 1,718 per sqft).
  • Rented since May 2013 on 10 Ejari contracts, from AED 105,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 29,100 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 27 December 2023.

Questions about A203, The Residences 7 (T3)

What did unit A203 last sell for?

AED 2,170,000 on 27 December 2023: AED 1,718 per sqft for 1,263 sqft. The unit has 4 registered sales; the first was AED 1,434,888 in July 2012.

What is the rent for unit A203?

AED 85,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 82,000; the unit has been rented since May 2013.

How big is unit A203?

1,263 sqft (117.3 sqm): a one-bedroom apartment of a 40-storey tower completed in 2007.

What is unit A203 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 A203, The Residences 7 (T3)

Starts from the last sale price (AED 2.17M, 27 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,170,000
Deposit, UAE resident (20%)
AED 434,000
Deposit, non-resident (40%)
AED 868,000
Monthly over 25 years at 3.7%
AED 8,878

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