1-bed · 968 sqftAltia Residence, Dubai Silicon Oasis · 4th floor · completed 2016

408, Altia Residence

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

Unit 408 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 680K28 March 2017
Current rentAED 44K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Altia Residence

What is 408 worth today?

Last sold for AED 680,295 in 2017

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5 Sep 2023RentedRenewal
AED 43,890/yr12 months · AED 45 per sqft
5 Sep 2022RentedRenewal
AED 41,800/yr12 months · AED 43 per sqft
5 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
25 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
28 Mar 2017Sold by developerReady
AED 680,295AED 702 per sqft
1 Feb 2017RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
4th of 8
Parking
B-07
Developer
YAS Developerse
Completed
2016
Service charge
AED 10,800 /yr
Last sold
AED 680K · March 2017

About 408, Altia Residence

408 is a one-bedroom apartment of 968 sqft on the 4th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 28 March 2017 for AED 680,295, or AED 702 per sqft, 10% below the AED 777 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 5 September 2023, is AED 43,890 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 10,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Altia Residence
600K800K2017202020232026Typical sale price by year: 2017 AED 742,755; 2018 AED 625,000; 2021 AED 559,509; 2023 AED 720,000; 2024 AED 780,000; 2025 AED 870,000Sold by developer, March 2017: AED 680,295 (AED 702 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Altia Residence
40K60K2016201920222025Typical rent by year: 2016 AED 73,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 52,500; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 46,000; 2024 AED 65,000; 2025 AED 68,000New contract, February 2017: AED 70,000 a yearNew contract, July 2019: AED 50,000 a yearNew contract, September 2020: AED 42,000 a yearRenewal, September 2022: AED 41,800 a yearRenewal, September 2023: AED 43,890 a year

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

1-beds in Altia Residence, and where 408 sits

All 52 1-beds →

408 last sold in March 2017 at AED 702 per sqft, 10% below what one-beds in Altia Residence were fetching at the time (AED 777). 408's AED 43,890 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jul 2025957,000
15 Jul 2025935,000
10 Jul 2025855,000
2 Jul 2025900,000
0 1-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 4th floor

All 101 units in Altia Residence
Value
4011-bedAED 818K · Feb 2017
4021-bedAED 740K · May 2024
4033-bedAED 663K · Apr 2023
4041-bedAED 680K · Mar 2017
4053-bedAED 1.35M · Feb 2023
4061-bedAED 700K · Apr 2023
4071-bedAED 740K · Feb 2024
1–7 of 12

408, Altia Residence in numbers

  • Sold once: by YAS Developerse on 28 March 2017 for AED 680,295, or AED 702 per sqft.
  • Rented since February 2017 on 5 Ejari contracts, from AED 70,000 to AED 43,890 a year.
  • At AED 43,890 a year the gross yield on the 2017 price is 6.5%, before a service charge of about AED 10,800 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 5 September 2023.

Questions about 408, Altia Residence

What did unit 408 last sell for?

AED 680,295 on 28 March 2017, sold by the developer: AED 702 per sqft for 968 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 43,890 a year on the contract renewed on 5 September 2023. The previous contract, from September 2022, was AED 41,800; the unit has been rented since February 2017.

How big is unit 408?

968 sqft (89.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2016.

What is unit 408 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 408, Altia Residence

Starts from the last sale price (AED 680K, 28 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 680,295
Deposit, UAE resident (20%)
AED 136,059
Deposit, non-resident (40%)
AED 272,118
Monthly over 25 years at 3.7%
AED 2,783

Plus AED 33,583 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →