1-bed · 784 sqftCoral Residence, Dubai Silicon Oasis · 1st floor · completed 2010

116, Coral Residence

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 568K3 October 2013
Current rentAED 53K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Coral Residence

What is 116 worth today?

Last sold for AED 568,212 in 2013

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1 Oct 2024RentedNew contract
AED 53,000/yr12 months · AED 68 per sqft
10 Aug 2023RentedRenewal
AED 38,500/yr12 months · AED 49 per sqft
10 Aug 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Jan 2022RentedNew contract
AED 34,000/yr12 months · AED 43 per sqft
25 Dec 2019RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
25 Dec 2018RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
1 Sep 2016RentedRenewal
AED 60,000/yr12 months · AED 76 per sqft
1 Jun 2014RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
784 sqft
Floor
1st of 8
Parking
G - 153
Developer
Deyaar
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 568K · October 2013

About 116, Coral Residence

116 is a one-bedroom apartment of 784 sqft on the 1st floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 3 October 2013 for AED 568,212, or AED 725 per sqft, in line with the AED 711 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 53,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 10,000 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Coral Residence
500K1M2009201420192024Typical sale price by year: 2009 AED 1,003,463; 2010 AED 719,389; 2011 AED 554,146; 2012 AED 568,149; 2013 AED 560,973; 2014 AED 600,000; 2015 AED 640,168; 2016 AED 575,000; 2017 AED 560,000; 2018 AED 510,000; 2019 AED 410,000; 2021 AED 355,000; 2022 AED 381,500; 2023 AED 445,000; 2024 AED 542,500; 2025 AED 608,750Sold by developer, October 2013: AED 568,212 (AED 725 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Coral Residence
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 36,000; 2014 AED 42,000; 2015 AED 54,500; 2016 AED 57,000; 2017 AED 52,000; 2018 AED 50,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 34,500; 2023 AED 39,556; 2024 AED 44,000; 2025 AED 49,150; 2026 AED 52,000New contract, June 2013: AED 36,000 a yearNew contract, June 2014: AED 40,000 a yearRenewal, September 2016: AED 60,000 a yearNew contract, December 2018: AED 40,000 a yearRenewal, December 2019: AED 40,000 a yearNew contract, January 2022: AED 34,000 a yearNew contract, August 2022: AED 35,000 a yearRenewal, August 2023: AED 38,500 a yearNew contract, October 2024: AED 53,000 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 Coral Residence, and where 116 sits

All 103 1-beds →

116 last sold in October 2013 at AED 725 per sqft, in line with what one-beds in Coral Residence were fetching at the time (AED 711). Over the last 12 months one-beds sold for AED 660,000 to 675,000, around AED 854 per sqft, and rent for AED 35,000 to 66,000 a year. 116's AED 53,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 2026660,000
7 Jan 2026660,000
22 Dec 2025675,000
14 Jul 2025630,000
3 1-bed sales in the last 12 months

Coral Residence

Building

145 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Deyaar. 5 sold in the last 12 months.

Typical price per sqft
AED 873
Typical sale
AED 675K
Typical rent
AED 52K /yr
Typical yield
7.3%
Coral Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 145 units in Coral Residence
Value
1011-bedAED 640K · Jan 2017
1021-bedAED 630K · Jul 2025
1031-bedAED 625K · Dec 2015
1041-bedAED 654K · Aug 2012
1051-bedAED 498K · Feb 2013
1061-bedAED 546K · Mar 2014
1071-bedAED 715K · Oct 2014
1–7 of 20

116, Coral Residence in numbers

  • Sold once: by Deyaar on 3 October 2013 for AED 568,212, or AED 725 per sqft.
  • Rented since June 2013 on 9 Ejari contracts, from AED 36,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2013 price is 9.3%, before a service charge of about AED 10,000 a year (AED 12.82 per sqft).
  • One-beds in Coral Residence sold for AED 660,000–675,000 in the 12 months to November 2026; the building's median across all types is AED 873 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 116, Coral Residence

What did unit 116 last sell for?

AED 568,212 on 3 October 2013, sold by the developer: AED 725 per sqft for 784 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 53,000 a year on the contract signed on 1 October 2024. The previous contract, from August 2023, was AED 38,500; the unit has been rented since June 2013.

How big is unit 116?

784 sqft (72.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Coral Residence sold for AED 660,000 to 675,000 in the last 12 months, around AED 854 per sqft.

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Mortgage on 116, Coral Residence

Starts from the last sale price (AED 568K, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 568,212
Deposit, UAE resident (20%)
AED 113,642
Deposit, non-resident (40%)
AED 227,285
Monthly over 25 years at 3.7%
AED 2,325

Plus AED 28,874 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →