2-bed · 1,212 sqftCoral Residence, Dubai Silicon Oasis · 6th floor · completed 2010

601, Coral Residence

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 950K9 October 2024
Current rentAED 75K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Coral Residence

What is 601 worth today?

Last sold for AED 950,000 in 2024

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9 Oct 2024SoldReady
AED 950,000AED 783 per sqft
8 Jul 2024SoldReady
AED 1,141,725AED 941 per sqft
27 Jun 2024SoldOff-plan
AED 1,141,725AED 941 per sqft
15 Jun 2024RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
15 Jun 2023RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
1 Jun 2022RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
1 May 2021RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft
27 Apr 2020RentedRenewal
AED 64,173/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
6th of 8
Parking
G - 154, 158
Developer
Deyaar
Completed
2010
Service charge
AED 15,500 /yr
Last sold
AED 950K · October 2024

About 601, Coral Residence

601 is a two-bedroom apartment of 1,212 sqft on the 6th floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 9 October 2024 for AED 950,000, or AED 783 per sqft, in line with the AED 783 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 75,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Coral Residence
800K1M1.2M2009201420192024Typical sale price by year: 2009 AED 1,141,725; 2011 AED 781,292; 2012 AED 946,426; 2013 AED 881,866; 2014 AED 939,944; 2023 AED 715,000; 2024 AED 951,923Sold by developer, December 2009: AED 1,141,725 (AED 941 per sqft)Sold, June 2024: AED 1,141,725 (AED 941 per sqft)Sold, July 2024: AED 1,141,725 (AED 941 per sqft)Sold, October 2024: AED 950,000 (AED 783 per sqft)

601 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in Coral Residence
60K80K2012201620202024Typical rent by year: 2012 AED 56,000; 2013 AED 55,000; 2014 AED 59,669; 2015 AED 75,000; 2016 AED 75,000; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 53,250; 2021 AED 47,000; 2022 AED 52,950; 2023 AED 57,345; 2024 AED 63,355; 2025 AED 66,613New contract, April 2014: AED 58,800 a yearRenewal, April 2018: AED 80,000 a yearRenewal, April 2019: AED 72,194 a yearRenewal, April 2020: AED 64,173 a yearNew contract, May 2021: AED 55,000 a yearNew contract, June 2022: AED 65,000 a yearNew contract, June 2023: AED 75,000 a yearRenewal, June 2024: AED 75,000 a year

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

2-beds in Coral Residence, and where 601 sits

All 26 2-beds →

601 last sold in October 2024 at AED 783 per sqft, in line with what two-beds in Coral Residence were fetching at the time (AED 783). Over the last 12 months two-beds sold for AED 1,025,000, around AED 920 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jan 20261,025,000
7 Feb 20251,010,000
22 Jan 2024860,000
10 Jan 2024951,923
1 2-bed sale 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 6th floor

All 145 units in Coral Residence
Value
6022-bedAED 1.07M · Dec 2014
6032-bedAED 1.01M · Feb 2025
6042-bedAED 878K · Jul 2013
6052-bedAED 414K · Sep 2013
6062-bedAED 946K · Aug 2012
6072-bedAED 781K · Feb 2013
6082-bedAED 1.24M · Aug 2012
1–7 of 13

601, Coral Residence in numbers

  • Sold 4 times: first on 16 December 2009 for AED 1,141,725, last on 9 October 2024 for AED 950,000 (AED 783 per sqft).
  • Rented since April 2014 on 8 Ejari contracts, from AED 58,800 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 15,500 a year (AED 12.82 per sqft).
  • Two-beds in Coral Residence sold for AED 1,025,000–1,025,000 in the 12 months to November 2026; the building's median across all types is AED 873 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 October 2024.

Questions about 601, Coral Residence

What did unit 601 last sell for?

AED 950,000 on 9 October 2024: AED 783 per sqft for 1,212 sqft. The unit has 4 registered sales; the first was AED 1,141,725 in December 2009.

What is the rent for unit 601?

AED 75,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 75,000; the unit has been rented since April 2014.

How big is unit 601?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Coral Residence sold for AED 1,025,000 to 1,025,000 in the last 12 months, around AED 920 per sqft.

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Mortgage on 601, Coral Residence

Starts from the last sale price (AED 950K, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →