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1-bed · 432 sqftSeven Residence Tower B, Palm Jumeirah · 12th floor · completed 2022

1262, Seven Residence Tower B

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

Unit 1262 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 1.38M25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1262, Seven Residence Tower B

What is 1262 worth today?

Last sold for AED 1,380,000 in 2023

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25 Apr 2023Sold by developerOff-plan
AED 1,380,000AED 3,193 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
1-bed hotel apartment
Size
432 sqft
Floor
12th of 14
Parking
1
Developer
Seven Tides
Completed
2022
Last sold
AED 1.38M · April 2023
Building
Seven Residence Tower B

About 1262, Seven Residence Tower B

1262 is a one-bedroom hotel apartment of 432 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 25 April 2023 for AED 1,380,000, or AED 3,193 per sqft, in line with the AED 3,170 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 1262 sits

All 33 1-beds →

1262 last sold in April 2023 at AED 3,193 per sqft, in line with what one-beds in Seven Residence Tower B were fetching at the time (AED 3,170). 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
14 Dec 20231,850,000
30 Oct 20232,170,000
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

1262, Seven Residence Tower B in numbers

  • Sold once: by Seven Tides on 25 April 2023 for AED 1,380,000, or AED 3,193 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 25 April 2023.

Questions about 1262, Seven Residence Tower B

What did unit 1262 last sell for?

AED 1,380,000 on 25 April 2023, sold by the developer: AED 3,193 per sqft for 432 sqft. It is the only registered sale of the unit.

How big is unit 1262?

432 sqft (40.1 sqm): a one-bedroom hotel apartment on the 12th floor of a 14-storey tower completed in 2022.

What is unit 1262 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 1262, Seven Residence Tower B

Starts from the last sale price (AED 1.38M, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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