1-bed · 969 sqftAltia Residence, Dubai Silicon Oasis · 5th floor · completed 2016

502, Altia Residence

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 625K18 March 2018
Current rentAED 68K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Altia Residence

What is 502 worth today?

Last sold for AED 625,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2024RentedNew contract
AED 68,000/yr12 months · AED 70 per sqft
1 Aug 2023RentedRenewal
AED 42,000/yr12 months · AED 43 per sqft
1 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 41 per sqft
1 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
20 Jul 2020RentedRenewal
AED 42,000/yr12 months · AED 43 per sqft
20 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
18 Mar 2018Sold by developerReady
AED 625,000AED 645 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
5th of 8
Parking
B-54
Developer
YAS Developerse
Completed
2016
Service charge
AED 10,800 /yr
Last sold
AED 625K · March 2018

About 502, Altia Residence

502 is a one-bedroom apartment of 969 sqft on the 5th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 18 March 2018 for AED 625,000, or AED 645 per sqft, 11% below the AED 727 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 July 2024, is AED 68,000 a year: a gross yield of 10.9% on the 2018 price, before the service charge of about AED 10,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 2018: AED 625,000 (AED 645 per sqft)

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

Rents
Unit 502, 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, July 2019: AED 50,000 a yearRenewal, July 2020: AED 42,000 a yearNew contract, August 2021: AED 40,000 a yearRenewal, August 2022: AED 40,000 a yearRenewal, August 2023: AED 42,000 a yearNew contract, July 2024: AED 68,000 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 502 sits

All 52 1-beds →

502 last sold in March 2018 at AED 645 per sqft, 11% below what one-beds in Altia Residence were fetching at the time (AED 727). 502's AED 68,000 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 5th floor

All 101 units in Altia Residence
Value
5011-bedAED 625K · Mar 2018
5033-bedAED 1.55M · Feb 2025
5041-bedAED 625K · Mar 2018
5053-bedAED 1.47M · Feb 2017
5061-bedAED 625K · Mar 2018
5071-bedAED 845K · Jul 2017
5081-bedAED 880K · Aug 2024
1–7 of 12

502, Altia Residence in numbers

  • Sold once: by YAS Developerse on 18 March 2018 for AED 625,000, or AED 645 per sqft.
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2022 and recovered to AED 68,000 by July 2024.
  • At AED 68,000 a year the gross yield on the 2018 price is 10.9%, before a service charge of about AED 10,800 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 502, Altia Residence

What did unit 502 last sell for?

AED 625,000 on 18 March 2018, sold by the developer: AED 645 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 68,000 a year on the contract signed on 1 July 2024. The previous contract, from August 2023, was AED 42,000; the unit has been rented since July 2019.

How big is unit 502?

969 sqft (90.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 502 worth today?

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

Selling 502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 502, Altia Residence

Starts from the last sale price (AED 625K, 18 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

Plus AED 31,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →