1-bed · 715 sqftSeven Residence Tower B, Palm Jumeirah · 12th floor · completed 2022

1261, Seven Residence Tower B

Sold prices and rental history: sold once, by the developer in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1261 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 1.85M14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1261, Seven Residence Tower B

What is 1261 worth today?

Last sold for AED 1,850,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Dec 2023Sold by developerOff-plan
AED 1,850,000AED 2,586 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
1-bed hotel apartment
Size
715 sqft
Floor
12th of 14
Parking
1
Developer
Seven Tides
Completed
2022
Last sold
AED 1.85M · December 2023

About 1261, Seven Residence Tower B

1261 is a one-bedroom hotel apartment of 715 sqft on the 12th floor of Seven Residence Tower B, a 14-storey tower in Palm Jumeirah completed in 2022 by Seven Tides. The developer sold it on 14 December 2023 for AED 1,850,000, or AED 2,586 per sqft, 11% below the AED 2,910 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 1261 sits

All 33 1-beds →

1261 last sold in December 2023 at AED 2,586 per sqft, 11% below what one-beds in Seven Residence Tower B were fetching at the time (AED 2,910). 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 salesUnit no.Price (AED)Summary
26 Feb 20262,300,000
20 Nov 20252,050,000
30 Oct 20232,170,000
13 Jul 20231,900,000
2 1-bed sales in the last 12 months

Seven Residence Tower B

Building

116 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
Seven Residence Tower B, Palm Jumeirah: prices, sales and rents →

Other units on the 12th floor

All 116 units in Seven Residence Tower B
Value
1235StudioNo registered sale
12361-bedNo registered sale
1237StudioNo registered sale
1238StudioNo registered sale
1239StudioNo registered sale
1240StudioNo registered sale
1241StudioNo registered sale
1–7 of 22

1261, Seven Residence Tower B in numbers

  • Sold once: by Seven Tides on 14 December 2023 for AED 1,850,000, or AED 2,586 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 14 December 2023.

Questions about 1261, Seven Residence Tower B

What did unit 1261 last sell for?

AED 1,850,000 on 14 December 2023, sold by the developer: AED 2,586 per sqft for 715 sqft. It is the only registered sale of the unit.

How big is unit 1261?

715 sqft (66.4 sqm): a one-bedroom hotel apartment on the 12th floor of a 14-storey tower completed in 2022.

What is unit 1261 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.

Selling 1261? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1261, Seven Residence Tower B

Starts from the last sale price (AED 1.85M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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