2-bed · 1,313 sqftAltia Residence, Dubai Silicon Oasis · 1st floor · completed 2016

112, Altia Residence

Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 17 January 2024
Last soldAED 1.06M17 January 2024
Current rentAED 70K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Altia Residence

What is 112 worth today?

Last sold for AED 1,055,000 in 2024

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17 Jan 2024Sold by developerReady
AED 1,055,000AED 803 per sqft
15 Apr 2023RentedRenewal
AED 70,000/yr12 months · AED 53 per sqft
15 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
25 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 17 January 2024.

Key facts

Type
2-bed apartment
Size
1,313 sqft
Floor
1st of 8
Parking
G-30
Developer
YAS Developerse
Completed
2016
Service charge
AED 14,600 /yr
Last sold
AED 1.06M · January 2024

About 112, Altia Residence

112 is a two-bedroom apartment of 1,313 sqft on the 1st floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 17 January 2024 for AED 1,055,000, or AED 803 per sqft, 4% above the AED 771 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 70,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Altia Residence
1M1.1M1.2M20172019202120232025Typical sale price by year: 2017 AED 1,207,000; 2023 AED 1,030,000; 2024 AED 1,150,000Sold by developer, January 2024: AED 1,055,000 (AED 803 per sqft)

112 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 112, each contractTypical two-bed in Altia Residence
60K80K100K2016201920222025Typical rent by year: 2016 AED 95,000; 2017 AED 95,000; 2018 AED 87,500; 2019 AED 82,000; 2020 AED 63,500; 2021 AED 62,000; 2022 AED 65,000; 2023 AED 69,000; 2024 AED 71,500; 2025 AED 95,000New contract, February 2021: AED 60,000 a yearNew contract, April 2022: AED 65,000 a yearRenewal, April 2023: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Altia Residence, and where 112 sits

All 16 2-beds →

112 last sold in January 2024 at AED 803 per sqft, 4% above what two-beds in Altia Residence were fetching at the time (AED 771).

Recent 2-bed salesUnit no.Price (AED)Summary
29 May 20251,500,000
18 Oct 20241,285,000
7 Oct 20241,275,000
29 Aug 20241,180,000
0 2-bed sales in the last 12 months

Altia Residence

Building

101 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2016 by YAS Developerse. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 76K /yr
Typical yield
Altia Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 101 units in Altia Residence
Value
1011-bedAED 740K · Feb 2024
1021-bedAED 810K · Oct 2017
1033-bedAED 1.45M · Oct 2017
1041-bedAED 780K · Jul 2024
1053-bedAED 1.55M · Feb 2025
1061-bedAED 935K · Jul 2025
1071-bedAED 690K · Apr 2017
1–7 of 12

112, Altia Residence in numbers

  • Sold once: by YAS Developerse on 17 January 2024 for AED 1,055,000, or AED 803 per sqft.
  • Rented since February 2021 on 3 Ejari contracts, from AED 60,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 14,600 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 17 January 2024.

Questions about 112, Altia Residence

What did unit 112 last sell for?

AED 1,055,000 on 17 January 2024, sold by the developer: AED 803 per sqft for 1,313 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 70,000 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 65,000; the unit has been rented since February 2021.

How big is unit 112?

1,313 sqft (122.0 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2016.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 112, Altia Residence

Starts from the last sale price (AED 1.06M, 17 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,055,000
Deposit, UAE resident (20%)
AED 211,000
Deposit, non-resident (40%)
AED 422,000
Monthly over 25 years at 3.7%
AED 4,316

Plus AED 49,320 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →