3-bed · 1,575 sqftAltia Residence, Dubai Silicon Oasis · 5th floor · completed 2016

505, Altia Residence

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

Unit 505 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.47M12 February 2017
Current rentAED 130K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Altia Residence

What is 505 worth today?

Last sold for AED 1,470,000 in 2017

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1 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft
1 May 2023RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
12 Feb 2017Sold by developerReady
AED 1,470,000AED 933 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.

Key facts

Type
3-bed apartment
Size
1,575 sqft
Floor
5th of 8
Parking
B-56, B-57
Developer
YAS Developerse
Completed
2016
Service charge
AED 17,500 /yr
Last sold
AED 1.47M · February 2017

About 505, Altia Residence

505 is a three-bedroom apartment of 1,575 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 12 February 2017 for AED 1,470,000, or AED 933 per sqft, in line with the AED 933 three-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 June 2025, is AED 130,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, February 2017: AED 1,470,000 (AED 933 per sqft)

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

Rents
Unit 505, each contractTypical three-bed in Altia Residence
100K125K201720202023Typical 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, May 2023: AED 100,000 a yearNew contract, June 2025: AED 130,000 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 505 sits

All 16 3-beds →

505 last sold in February 2017 at AED 933 per sqft, in line with what three-beds in Altia Residence were fetching at the time (AED 933).

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 5th floor

All 101 units in Altia Residence
Value
5011-bedAED 625K · Mar 2018
5021-bedAED 625K · Mar 2018
5033-bedAED 1.55M · Feb 2025
5041-bedAED 625K · Mar 2018
5061-bedAED 625K · Mar 2018
5071-bedAED 845K · Jul 2017
5081-bedAED 880K · Aug 2024
1–7 of 12

505, Altia Residence in numbers

  • Sold once: by YAS Developerse on 12 February 2017 for AED 1,470,000, or AED 933 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 100,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 17,500 a year (AED 11.11 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.

Questions about 505, Altia Residence

What did unit 505 last sell for?

AED 1,470,000 on 12 February 2017, sold by the developer: AED 933 per sqft for 1,575 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 130,000 a year on the contract signed on 1 June 2025. The previous contract, from May 2023, was AED 100,000.

How big is unit 505?

1,575 sqft (146.3 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 505 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 505, Altia Residence

Starts from the last sale price (AED 1.47M, 12 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

Plus AED 66,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →