2-bed · 1,197 sqftCoral Residence, Dubai Silicon Oasis · 7th floor · completed 2010

709, Coral Residence

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 755K10 October 2023
Current rentAED 83K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Coral Residence

What is 709 worth today?

Last sold for AED 755,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2025RentedRenewal
AED 83,000/yr12 months · AED 69 per sqft
1 Mar 2024RentedNew contract
AED 60,000/yr13 months · AED 50 per sqft
10 Oct 2023SoldReady
AED 755,000AED 630 per sqft
1 Mar 2023RentedRenewal
AED 60,173/yr12 months · AED 50 per sqft
1 Mar 2022RentedRenewal
AED 54,000/yr12 months · AED 45 per sqft
29 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
3 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
27 Mar 2016Sold by developerReady
AED 300,000AED 250 per sqft

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

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
7th of 8
Parking
B - 59, 60
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 755K · October 2023

About 709, Coral Residence

709 is a two-bedroom apartment of 1,197 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 10 October 2023 for AED 755,000, or AED 630 per sqft, 5% above the AED 602 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 83,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical two-bed in Coral Residence
500K1M20092013201720212025Typical 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, March 2016: AED 300,000 (AED 250 per sqft)Sold, October 2023: AED 755,000 (AED 630 per sqft)

709 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 709, 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, December 2018: AED 70,000 a yearNew contract, February 2020: AED 55,000 a yearRenewal, March 2022: AED 54,000 a yearRenewal, March 2023: AED 60,173 a yearNew contract, March 2024: AED 60,000 a yearRenewal, March 2025: AED 83,000 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 709 sits

All 26 2-beds →

709 last sold in October 2023 at AED 630 per sqft, 5% above what two-beds in Coral Residence were fetching at the time (AED 602). 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
7072-bedAED 900K · Jan 2014
1–7 of 13

709, Coral Residence in numbers

  • Sold twice: first on 27 March 2016 for AED 300,000, last on 10 October 2023 for AED 755,000 (AED 630 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 54,000 in 2022 and recovered to AED 83,000 by March 2025.
  • At AED 83,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 15,300 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 1 March 2025.

Questions about 709, Coral Residence

What did unit 709 last sell for?

AED 755,000 on 10 October 2023: AED 630 per sqft for 1,197 sqft. The unit has 2 registered sales; the first was AED 300,000 in March 2016.

What is the rent for unit 709?

AED 83,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 60,000; the unit has been rented since December 2018.

How big is unit 709?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 709 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.

Selling 709? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 709, Coral Residence

Starts from the last sale price (AED 755K, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

Plus AED 36,720 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →