1-bed · 432 sqftSeven Residence Tower B, Palm Jumeirah · 9th floor · completed 2022

962, 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.

Unit 962 · DLD and Ejari recordsUpdated 13 February 2023
Last soldAED 1.37M13 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 962, Seven Residence Tower B

What is 962 worth today?

Last sold for AED 1,368,000 in 2023

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13 Feb 2023Sold by developerOff-plan
AED 1,368,000AED 3,166 per sqft

Source: Dubai Land Department. Updated 13 February 2023.

Key facts

Type
1-bed hotel apartment
Size
432 sqft
Floor
9th of 14
Parking
1
Developer
Seven Tides
Completed
2022
Last sold
AED 1.37M · February 2023

About 962, Seven Residence Tower B

962 is a one-bedroom hotel apartment of 432 sqft on the 9th floor of Seven Residence Tower B, a 14-storey tower in Palm Jumeirah completed in 2022 by Seven Tides. The developer sold it on 13 February 2023 for AED 1,368,000, or AED 3,166 per sqft.

No rental contract for the unit is registered on Ejari.

1-beds in Seven Residence Tower B, and where 962 sits

All 33 1-beds →

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 9th floor

All 116 units in Seven Residence Tower B
Value
9361-bedAED 1.7M · May 2023
945StudioAED 1.17M · Dec 2024
957StudioNo registered sale
960StudioNo registered sale
9641-bedAED 1.34M · Feb 2023

962, Seven Residence Tower B in numbers

  • Sold once: by Seven Tides on 13 February 2023 for AED 1,368,000, or AED 3,166 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 13 February 2023.

Questions about 962, Seven Residence Tower B

What did unit 962 last sell for?

AED 1,368,000 on 13 February 2023, sold by the developer: AED 3,166 per sqft for 432 sqft. It is the only registered sale of the unit.

How big is unit 962?

432 sqft (40.1 sqm): a one-bedroom hotel apartment on the 9th floor of a 14-storey tower completed in 2022.

What is unit 962 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 962, Seven Residence Tower B

Starts from the last sale price (AED 1.37M, 13 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,368,000
Deposit, UAE resident (20%)
AED 273,600
Deposit, non-resident (40%)
AED 547,200
Monthly over 25 years at 3.7%
AED 5,597

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