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

714, Coral Residence

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 10 September 2019
Last soldAED 1M11 September 2018
Current rentAED 60K /yr10 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Coral Residence

What is 714 worth today?

Last sold for AED 1,000,000 in 2018

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10 Sep 2019RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
5 Nov 2018RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
11 Sep 2018SoldReady
AED 1,000,000AED 835 per sqft
30 Oct 2015RentedNew contract
AED 85,000/yr12 months · AED 71 per sqft
1 May 2014RentedNew contract
AED 66,000/yr13 months · AED 55 per sqft
22 Jul 2013Sold by developerReady
AED 1,375,839AED 1,149 per sqft
1 May 2013RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 September 2019.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
7th of 8
Parking
B - 112, 113
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1M · September 2018
Building
Coral Residence

About 714, Coral Residence

714 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 11 September 2018 for AED 1,000,000, or AED 835 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 10 September 2019, is AED 60,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 15,300 a year.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical two-bed in Coral Residence
1M20092013201720212025Typical 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 2013: AED 1,375,839 (AED 1,149 per sqft)Sold, September 2018: AED 1,000,000 (AED 835 per sqft)

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

Rents
Unit 714, 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, May 2013: AED 55,000 a yearNew contract, May 2014: AED 66,000 a yearNew contract, October 2015: AED 85,000 a yearNew contract, November 2018: AED 70,000 a yearNew contract, September 2019: AED 60,000 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 714 sits

All 26 2-beds →

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

714, Coral Residence in numbers

  • Sold twice: first on 22 July 2013 for AED 1,375,839, last on 11 September 2018 for AED 1,000,000 (AED 835 per sqft).
  • Rented since May 2013 on 5 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 6.0%, 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 10 September 2019.

Questions about 714, Coral Residence

What did unit 714 last sell for?

AED 1,000,000 on 11 September 2018: AED 835 per sqft for 1,197 sqft. The unit has 2 registered sales; the first was AED 1,375,839 in July 2013.

What is the rent for unit 714?

AED 60,000 a year on the contract signed on 10 September 2019. The previous contract, from November 2018, was AED 70,000; the unit has been rented since May 2013.

How big is unit 714?

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 714 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 714, Coral Residence

Starts from the last sale price (AED 1M, 11 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →