3-bed · 1,575 sqftAltia Residence, Dubai Silicon Oasis · 2nd floor · completed 2016

205, Altia Residence

Sold prices and rental history: sold once, by the developer in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 1.33M5 April 2023
Current rentAED 86K /yr20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Altia Residence

What is 205 worth today?

Last sold for AED 1,325,000 in 2023

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5 Apr 2023Sold by developerReady
AED 1,325,000AED 841 per sqft
20 Jan 2021RentedRenewal
AED 86,000/yr12 months · AED 55 per sqft
20 Jan 2020RentedRenewal
AED 101,000/yr12 months · AED 64 per sqft
20 Jan 2019RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
20 Jan 2018RentedNew contract
AED 118,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
3-bed apartment
Size
1,575 sqft
Floor
2nd of 8
Parking
G-11, G-12 0
Developer
YAS Developerse
Completed
2016
Service charge
AED 17,500 /yr
Last sold
AED 1.33M · April 2023

About 205, Altia Residence

205 is a three-bedroom apartment of 1,575 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 5 April 2023 for AED 1,325,000, or AED 841 per sqft, in line with the AED 857 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 20 January 2021, is AED 86,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 17,500 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical three-bed in Altia Residence
1.3M1.4M2017201920212023Typical sale price by year: 2017 AED 1,470,000; 2023 AED 1,400,000Sold by developer, April 2023: AED 1,325,000 (AED 841 per sqft)

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

Rents
Unit 205, 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 2018: AED 118,000 a yearRenewal, January 2019: AED 110,000 a yearRenewal, January 2020: AED 101,000 a yearRenewal, January 2021: AED 86,000 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 205 sits

All 16 3-beds →

205 last sold in April 2023 at AED 841 per sqft, in line with 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
2033-bedAED 1.45M · Nov 2023
2041-bedAED 740K · Dec 2023
2061-bedAED 820K · Jun 2024
2071-bedAED 780K · Jul 2024
2081-bedAED 780K · Jul 2024
1–7 of 12

205, Altia Residence in numbers

  • Sold once: by YAS Developerse on 5 April 2023 for AED 1,325,000, or AED 841 per sqft.
  • Rented since January 2018 on 4 Ejari contracts, from AED 118,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 17,500 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 5 April 2023.

Questions about 205, Altia Residence

What did unit 205 last sell for?

AED 1,325,000 on 5 April 2023, sold by the developer: AED 841 per sqft for 1,575 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 86,000 a year on the contract renewed on 20 January 2021. The previous contract, from January 2020, was AED 101,000; the unit has been rented since January 2018.

How big is unit 205?

1,575 sqft (146.3 sqm): a three-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2016.

What is unit 205 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 205, Altia Residence

Starts from the last sale price (AED 1.33M, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →