704, Coral Residence
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Coral Residence
What is 704 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,212 sqft
- Floor
- 7th of 8
- Parking
- B - 40, 41
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 15,500 /yr
- Last sold
- AED 700K · December 2023
- Building
- Coral Residence
About 704, Coral Residence
704 is a two-bedroom apartment of 1,212 sqft on the 7th floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 11 December 2023 for AED 700,000, or AED 577 per sqft, in line with the AED 590 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 50,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 15,500 a year.
Sales and rents for 704 over time
704 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 704 sits
All 26 2-beds →704 last sold in December 2023 at AED 577 per sqft, in line with what two-beds in Coral Residence were fetching at the time (AED 590). Over the last 12 months two-beds sold for AED 1,025,000, around AED 920 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,113 sqft | 1,025,000 | 920 | ||
| 7 Feb 20257 February 2025 | 1,113 sqft | 1,010,000 | 907 | ||
| 9 Oct 20249 October 2024 | 1,212 sqft | 950,000 | 783 | ||
| 8 Jul 20248 July 2024 | 1,212 sqft | 1,141,725 | 941 |
Coral Residence
Building145 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%
Other units on the 7th floor
All 145 units in Coral Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,212 sqft | AED 730KAED 730,000 · Sep 2023September 2023 | 49,000 /yr | |
| 702 | 2-bed | 1,113 sqft | AED 690KAED 690,000 · Jun 2019June 2019 | 85,000 /yr | |
| 703 | 2-bed | 1,113 sqft | AED 779KAED 779,267 · Apr 2012April 2012 | 63,355 /yr | |
| 705 | 2-bed | 1,197 sqft | AED 690KAED 690,000 · Mar 2023March 2023 | 67,000 /yr | |
| 706 | 2-bed | 1,113 sqft | AED 695KAED 695,000 · Apr 2022April 2022 | 55,000 /yr | |
| 707 | 2-bed | 1,113 sqft | AED 900KAED 900,000 · Jan 2014January 2014 | 57,000 /yr | |
| 708 | 2-bed | 1,201 sqft | AED 680KAED 680,000 · Apr 2022April 2022 | 61,000 /yr | |
| 709 | 2-bed | 1,197 sqft | AED 755KAED 755,000 · Oct 2023October 2023 | 83,000 /yr | |
| 710 | 2-bed | 1,197 sqft | AED 860KAED 860,000 · Jan 2024January 2024 | 56,500 /yr | |
| 711 | 2-bed | 1,201 sqft | AED 415KAED 415,080 · Sep 2013September 2013 | 55,200 /yr | |
| 712 | 2-bed | 1,113 sqft | AED 1.03MAED 1,025,000 · Jan 2026January 2026 | 61,226 /yr | |
| 713 | 2-bed | 1,113 sqft | AED 450KAED 450,000 · Sep 2017September 2017 | 43,636 /yr | |
| 714 | 2-bed | 1,197 sqft | AED 1MAED 1,000,000 · Sep 2018September 2018 | 60,000 /yr |
704, Coral Residence in numbers
- Sold 3 times: first on 2 August 2010 for AED 1,170,837, last on 11 December 2023 for AED 700,000 (AED 577 per sqft).
- Rented since February 2014 on 7 Ejari contracts, from AED 80,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 7.1%, 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 11 December 2023.
Questions about 704, Coral Residence
What did unit 704 last sell for?
AED 700,000 on 11 December 2023: AED 577 per sqft for 1,212 sqft. The unit has 3 registered sales; the first was AED 1,170,837 in August 2010.
What is the rent for unit 704?
AED 50,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 46,000; the unit has been rented since February 2014.
How big is unit 704?
1,212 sqft (112.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 704 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 704, Coral Residence
Starts from the last sale price (AED 700K, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →