Studio · 372 sqftSeven Residence Tower B, Palm Jumeirah · 2nd floor · completed 2022

297, Seven Residence Tower B

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

Unit 297 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 1M7 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 297, Seven Residence Tower B

What is 297 worth today?

Last sold for AED 1,000,000 in 2023

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7 Nov 2023Sold by developerOff-plan
AED 1,000,000AED 2,686 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
Studio hotel apartment
Size
372 sqft
Floor
2nd of 14
Parking
EU
Developer
Seven Tides
Completed
2022
Last sold
AED 1M · November 2023

About 297, Seven Residence Tower B

297 is a studio of 372 sqft on the 2nd floor of Seven Residence Tower B, a 14-storey tower in Palm Jumeirah completed in 2022 by Seven Tides. The developer sold it on 7 November 2023 for AED 1,000,000, or AED 2,686 per sqft, 9% below the AED 2,959 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 297 over time

Sales
Unit 297, each saleTypical studio in Seven Residence Tower B
1M1.2M20232024202520262027Typical sale price by year: 2023 AED 1,040,000; 2024 AED 1,160,000; 2025 AED 1,000,000; 2026 AED 917,962Sold by developer, November 2023: AED 1,000,000 (AED 2,686 per sqft)

297 has sold once; the dashed line is the studio median of each year in the building.

Studios in Seven Residence Tower B, and where 297 sits

All 83 studios →

297 last sold in November 2023 at AED 2,686 per sqft, 9% below what studios in Seven Residence Tower B were fetching at the time (AED 2,959). Over the last 12 months studios sold for AED 855,670 to 1,002,000, around AED 2,818 per sqft.

Recent studio salesUnit no.Price (AED)Summary
1 Jul 2026865,576
22 May 2026855,670
7 Apr 20261,002,000
9 Feb 2026903,531
10 studio 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 2nd floor

All 116 units in Seven Residence Tower B
Value
262StudioAED 1.07M · Feb 2023
266StudioAED 1.05M · Mar 2023
267StudioAED 1M · Mar 2023
268StudioAED 950K · Oct 2023
276StudioAED 904K · Feb 2026

297, Seven Residence Tower B in numbers

  • Sold once: by Seven Tides on 7 November 2023 for AED 1,000,000, or AED 2,686 per sqft.
  • Studios in Seven Residence Tower B sold for AED 855,670–1,002,000 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 7 November 2023.

Questions about 297, Seven Residence Tower B

What did unit 297 last sell for?

AED 1,000,000 on 7 November 2023, sold by the developer: AED 2,686 per sqft for 372 sqft. It is the only registered sale of the unit.

How big is unit 297?

372 sqft (34.6 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2022.

What is unit 297 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Seven Residence Tower B sold for AED 855,670 to 1,002,000 in the last 12 months, around AED 2,818 per sqft.

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Mortgage on 297, Seven Residence Tower B

Starts from the last sale price (AED 1M, 7 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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