3-bed · 1,629 sqftAltia Residence, Dubai Silicon Oasis · 2nd floor · completed 2016

203, Altia Residence

Sold prices and rental history: sold once, by the developer in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 8 November 2023
Last soldAED 1.45M8 November 2023
Current rentAED 83K /yr10 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Altia Residence

What is 203 worth today?

Last sold for AED 1,450,000 in 2023

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8 Nov 2023Sold by developerReady
AED 1,450,000AED 890 per sqft
10 Mar 2023RentedNew contract
AED 82,775/yr12 months · AED 51 per sqft
10 Mar 2021RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
1 Feb 2019RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
1 Jan 2017RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2023.

Key facts

Type
3-bed apartment
Size
1,629 sqft
Floor
2nd of 8
Parking
G-09, G-10
Developer
YAS Developerse
Completed
2016
Service charge
AED 18,100 /yr
Last sold
AED 1.45M · November 2023

About 203, Altia Residence

203 is a three-bedroom apartment of 1,629 sqft on the 2nd floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 8 November 2023 for AED 1,450,000, or AED 890 per sqft, 4% above the AED 857 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 March 2023, is AED 82,775 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Altia Residence
1.4M1.45M2017201920212023Typical sale price by year: 2017 AED 1,470,000; 2023 AED 1,400,000Sold by developer, November 2023: AED 1,450,000 (AED 890 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Altia Residence
80K100K120K2017201920212023Typical rent by year: 2017 AED 120,000; 2018 AED 102,635; 2019 AED 95,000; 2020 AED 95,000; 2021 AED 84,000; 2022 AED 84,000; 2023 AED 89,251New contract, January 2017: AED 120,000 a yearNew contract, February 2019: AED 95,000 a yearNew contract, March 2021: AED 80,000 a yearNew contract, March 2023: AED 82,775 a year

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

3-beds in Altia Residence, and where 203 sits

All 16 3-beds →

203 last sold in November 2023 at AED 890 per sqft, 4% above what three-beds in Altia Residence were fetching at the time (AED 857).

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20251,550,000
4 Feb 20251,550,000
25 Dec 20241,550,000
13 Jun 20241,600,000
0 3-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 2nd floor

All 101 units in Altia Residence
Value
2011-bedAED 815K · Jun 2024
2021-bedAED 750K · Oct 2023
2041-bedAED 740K · Dec 2023
2053-bedAED 1.33M · Apr 2023
2061-bedAED 820K · Jun 2024
2071-bedAED 780K · Jul 2024
2081-bedAED 780K · Jul 2024
1–7 of 12

203, Altia Residence in numbers

  • Sold once: by YAS Developerse on 8 November 2023 for AED 1,450,000, or AED 890 per sqft.
  • Rented since January 2017 on 4 Ejari contracts, from AED 120,000 to AED 82,775 a year.
  • At AED 82,775 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 18,100 a year (AED 11.11 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2023.

Questions about 203, Altia Residence

What did unit 203 last sell for?

AED 1,450,000 on 8 November 2023, sold by the developer: AED 890 per sqft for 1,629 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 82,775 a year on the contract signed on 10 March 2023. The previous contract, from March 2021, was AED 80,000; the unit has been rented since January 2017.

How big is unit 203?

1,629 sqft (151.3 sqm): a three-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2016.

What is unit 203 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 203, Altia Residence

Starts from the last sale price (AED 1.45M, 8 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →