1062, Seven Residence Tower B
Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1062, Seven Residence Tower B
What is 1062 worth today?
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Source: Dubai Land Department. Updated 23 February 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 432 sqft
- Floor
- 10th of 14
- Parking
- 1
- Developer
- Seven Tides
- Completed
- 2022
- Last sold
- AED 1.37M · February 2023
- Building
- Seven Residence Tower B
About 1062, Seven Residence Tower B
1062 is a one-bedroom hotel apartment of 432 sqft on the 10th floor of Seven Residence Tower B, a 14-storey tower in Palm Jumeirah completed in 2022 by Seven Tides. The developer sold it on 23 February 2023 for AED 1,370,000, or AED 3,170 per sqft, in line with the AED 3,168 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
1-beds in Seven Residence Tower B, and where 1062 sits
All 33 1-beds →1062 last sold in February 2023 at AED 3,170 per sqft, in line with what one-beds in Seven Residence Tower B were fetching at the time (AED 3,168). Over the last 12 months one-beds sold for AED 2,050,000 to 2,300,000, around AED 2,840 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 721 sqft | 2,300,000 | 3,190 | ||
| 20 Nov 202520 November 2025 | 823 sqft | 2,050,000 | 2,490 | ||
| 14 Dec 202314 December 2023 | 715 sqft | 1,850,000 | 2,586 | ||
| 30 Oct 202330 October 2023 | 864 sqft | 2,170,000 | 2,511 |
Seven Residence Tower B
Building116 apartments, studios to 1-bed over 14 floors in Palm Jumeirah, completed in 2022 by Seven Tides. 12 sold in the last 12 months.
- Typical price per sqft
- AED 2,818 Down 3.2%
- Typical sale
- AED 1M
- Typical rent
- Few contracts
- Typical yield
Other units on the 10th floor
All 116 units in Seven Residence Tower B1062, Seven Residence Tower B in numbers
- Sold once: by Seven Tides on 23 February 2023 for AED 1,370,000, or AED 3,170 per sqft.
- One-beds in Seven Residence Tower B sold for AED 2,050,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,818 per sqft.
Source: Dubai Land Department. Updated 23 February 2023.
Questions about 1062, Seven Residence Tower B
What did unit 1062 last sell for?
AED 1,370,000 on 23 February 2023, sold by the developer: AED 3,170 per sqft for 432 sqft. It is the only registered sale of the unit.
How big is unit 1062?
432 sqft (40.1 sqm): a one-bedroom hotel apartment on the 10th floor of a 14-storey tower completed in 2022.
What is unit 1062 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Seven Residence Tower B sold for AED 2,050,000 to 2,300,000 in the last 12 months, around AED 2,840 per sqft.
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Mortgage on 1062, Seven Residence Tower B
Starts from the last sale price (AED 1.37M, 23 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →