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

710, Coral Residence

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 22 January 2024
Last soldAED 860K22 January 2024
Current rentAED 57K /yr19 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Coral Residence

What is 710 worth today?

Last sold for AED 860,000 in 2024

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22 Jan 2024SoldReady
AED 860,000AED 718 per sqft
19 Mar 2023RentedRenewal
AED 56,500/yr12 months · AED 47 per sqft
19 Mar 2022RentedNew contract
AED 53,000/yr12 months · AED 44 per sqft
1 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
17 Sep 2017RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
17 Sep 2016RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
17 Sep 2015RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
30 Aug 2015SoldReady
AED 970,000AED 810 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2024.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
7th of 8
Parking
B - 50, 51
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 860K · January 2024

About 710, Coral Residence

710 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 22 January 2024 for AED 860,000, or AED 718 per sqft, 17% above the AED 616 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 19 March 2023, is AED 56,500 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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, March 2014: AED 939,944 (AED 785 per sqft)Sold, August 2015: AED 970,000 (AED 810 per sqft)Sold, January 2024: AED 860,000 (AED 718 per sqft)

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

Rents
Unit 710, each contractTypical two-bed in Coral Residence
50K75K100K2012201620202024Typical 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 2013: AED 55,000 a yearRenewal, April 2014: AED 57,750 a yearNew contract, September 2015: AED 95,000 a yearRenewal, September 2016: AED 95,000 a yearRenewal, September 2017: AED 95,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, March 2022: AED 53,000 a yearRenewal, March 2023: AED 56,500 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 710 sits

All 26 2-beds →

710 last sold in January 2024 at AED 718 per sqft, 17% above what two-beds in Coral Residence were fetching at the time (AED 616). 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

710, Coral Residence in numbers

  • Sold 3 times: first on 11 March 2014 for AED 939,944, last on 22 January 2024 for AED 860,000 (AED 718 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 55,000 to AED 56,500 a year.
  • At AED 56,500 a year the gross yield on the 2024 price is 6.6%, 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 22 January 2024.

Questions about 710, Coral Residence

What did unit 710 last sell for?

AED 860,000 on 22 January 2024: AED 718 per sqft for 1,197 sqft. The unit has 3 registered sales; the first was AED 939,944 in March 2014.

What is the rent for unit 710?

AED 56,500 a year on the contract renewed on 19 March 2023. The previous contract, from March 2022, was AED 53,000; the unit has been rented since April 2013.

How big is unit 710?

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 710 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 710, Coral Residence

Starts from the last sale price (AED 860K, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →