2-bed · 1,113 sqftCoral Residence, Dubai Silicon Oasis · 7th floor · completed 2010

707, Coral Residence

Sold prices and rental history: sold 3 times, last in January 2014, and rented once, from November 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 23 January 2014
Last soldAED 900K23 January 2014
Current rentAED 57K /yr15 November 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Coral Residence

What is 707 worth today?

Last sold for AED 900,000 in 2014

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23 Jan 2014SoldReady
AED 900,000AED 808 per sqft
15 Nov 2012RentedNew contract
AED 57,000/yr12 months · AED 51 per sqft
29 May 2012SoldReady
AED 1,020,148AED 916 per sqft
26 Jul 2011Sold by developerOff-plan
AED 1,020,148AED 916 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 January 2014.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
7th of 8
Parking
B - 48, 49
Developer
Deyaar
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 900K · January 2014

About 707, Coral Residence

707 is a two-bedroom apartment of 1,113 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 23 January 2014 for AED 900,000, or AED 808 per sqft, 8% above the AED 745 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 November 2012. The current contract, signed on 15 November 2012, is AED 57,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 14,300 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in Coral Residence
800K1M1.2M20092013201720212025Typical 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, July 2011: AED 1,020,148 (AED 916 per sqft)Sold, May 2012: AED 1,020,148 (AED 916 per sqft)Sold, January 2014: AED 900,000 (AED 808 per sqft)

707 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 707, 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, November 2012: AED 57,000 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 707 sits

All 26 2-beds →

707 last sold in January 2014 at AED 808 per sqft, 8% above what two-beds in Coral Residence were fetching at the time (AED 745). 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
9 Oct 2024950,000
8 Jul 20241,141,725
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 7th floor

All 145 units in Coral Residence
Value
7012-bedAED 730K · Sep 2023
7022-bedAED 690K · Jun 2019
7032-bedAED 779K · Apr 2012
7042-bedAED 700K · Dec 2023
7052-bedAED 690K · Mar 2023
7062-bedAED 695K · Apr 2022
7082-bedAED 680K · Apr 2022
1–7 of 13

707, Coral Residence in numbers

  • Sold 3 times: first on 26 July 2011 for AED 1,020,148, last on 23 January 2014 for AED 900,000 (AED 808 per sqft).
  • Rented since November 2012 on one Ejari contract, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 14,300 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 23 January 2014.

Questions about 707, Coral Residence

What did unit 707 last sell for?

AED 900,000 on 23 January 2014: AED 808 per sqft for 1,113 sqft. The unit has 3 registered sales; the first was AED 1,020,148 in July 2011.

What is the rent for unit 707?

AED 57,000 a year on the contract signed on 15 November 2012.

How big is unit 707?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 707 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 707, Coral Residence

Starts from the last sale price (AED 900K, 23 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →