Studio · 373 sqftImperial Building, Dubai Silicon Oasis · 2nd floor · completed 2010

217, Imperial Building

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 350K18 July 2017
Current rentAED 35K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Imperial Building

What is 217 worth today?

Last sold for AED 350,000 in 2017

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20 Aug 2024RentedNew contract
AED 35,000/yr12 months · AED 93 per sqft
1 Aug 2023RentedNew contract
AED 28,000/yr12 months · AED 74 per sqft
16 Jul 2022RentedRenewal
AED 23,000/yr12 months · AED 61 per sqft
16 Jul 2021RentedRenewal
AED 20,000/yr12 months · AED 53 per sqft
16 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 53 per sqft
24 May 2019RentedRenewal
AED 28,000/yr12 months · AED 74 per sqft
24 May 2018RentedNew contract
AED 32,000/yr12 months · AED 85 per sqft
4 Sep 2017RentedNew contract
AED 33,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
Studio apartment
Size
373 sqft
Floor
2nd of 8
Parking
GF-35
Developer
Bonyan Group
Completed
2010
Service charge
AED 6,900 /yr
Last sold
AED 350K · July 2017

About 217, Imperial Building

217 is a studio of 373 sqft on the 2nd floor of Imperial Building, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Bonyan Group. The developer sold it on 18 July 2017 for AED 350,000, or AED 937 per sqft, 3% below the AED 967 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 August 2024, is AED 35,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 6,900 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical studio in Imperial Building
200K300K400K2009201420192024Typical sale price by year: 2009 AED 373,554; 2010 AED 397,830; 2012 AED 378,038; 2013 AED 350,000; 2014 AED 367,417; 2015 AED 393,773; 2016 AED 365,500; 2017 AED 400,000; 2018 AED 330,000; 2020 AED 215,000; 2022 AED 230,000; 2023 AED 255,000; 2024 AED 330,000; 2025 AED 340,000; 2026 AED 400,000Sold by developer, July 2017: AED 350,000 (AED 937 per sqft)

217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in Imperial Building
20K30K40K2012201620202024Typical rent by year: 2012 AED 24,500; 2013 AED 30,000; 2014 AED 35,000; 2015 AED 37,500; 2016 AED 40,000; 2017 AED 37,500; 2018 AED 32,000; 2019 AED 28,000; 2020 AED 23,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 27,600; 2024 AED 35,000; 2025 AED 36,000; 2026 AED 40,500New contract, November 2015: AED 42,000 a yearNew contract, September 2017: AED 33,000 a yearNew contract, May 2018: AED 32,000 a yearRenewal, May 2019: AED 28,000 a yearNew contract, July 2020: AED 20,000 a yearRenewal, July 2021: AED 20,000 a yearRenewal, July 2022: AED 23,000 a yearNew contract, August 2023: AED 28,000 a yearNew contract, August 2024: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Imperial Building, and where 217 sits

All 72 studios →

217 last sold in July 2017 at AED 937 per sqft, 3% below what studios in Imperial Building were fetching at the time (AED 967). Over the last 12 months studios sold for AED 400,000 to 455,000, around AED 1,066 per sqft, and rent for AED 15,000 to 64,800 a year. 217's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Feb 2026400,000
12 Feb 2026400,000
12 Feb 2026400,000
18 Dec 2025400,000
6 studio sales in the last 12 months

Imperial Building

Building

126 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Bonyan Group. 6 sold in the last 12 months.

Typical price per sqft
AED 1,066
Typical sale
AED 400K
Typical rent
AED 43K /yr
Typical yield
8.5%
Imperial Building, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 126 units in Imperial Building
Value
201StudioAED 300K · Feb 2025
202StudioAED 300K · Feb 2025
2031-bedAED 515K · Jan 2025
204AED 530K · Sep 2025
2051-bedAED 436K · Sep 2023
2061-bedAED 747K · Feb 2017
2071-bedAED 520K · May 2024
1–7 of 16

217, Imperial Building in numbers

  • Sold once: by Bonyan Group on 18 July 2017 for AED 350,000, or AED 937 per sqft.
  • Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 20,000 in 2021 and recovered to AED 35,000 by August 2024.
  • At AED 35,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 6,900 a year (AED 18.39 per sqft).
  • Studios in Imperial Building sold for AED 400,000–455,000 in the 12 months to November 2026; the building's median across all types is AED 1,066 per sqft.

Source: Dubai Land Department. Updated 20 August 2024.

Questions about 217, Imperial Building

What did unit 217 last sell for?

AED 350,000 on 18 July 2017, sold by the developer: AED 937 per sqft for 373 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 35,000 a year on the contract signed on 20 August 2024. The previous contract, from August 2023, was AED 28,000; the unit has been rented since November 2015.

How big is unit 217?

373 sqft (34.7 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 217 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Imperial Building sold for AED 400,000 to 455,000 in the last 12 months, around AED 1,066 per sqft.

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Mortgage on 217, Imperial Building

Starts from the last sale price (AED 350K, 18 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →