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2-bed · 1,203 sqftJade Residence, Dubai Silicon Oasis · 7th floor · completed 2009

707, Jade Residence

Sold prices and rental history: sold 4 times, last in September 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 620K29 September 2021
Current rentAED 66K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Jade Residence

What is 707 worth today?

Last sold for AED 620,000 in 2021

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20 Sep 2024RentedRenewal
AED 66,000/yr10 months · AED 55 per sqft
20 Sep 2023RentedRenewal
AED 63,000/yr12 months · AED 52 per sqft
20 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
27 Apr 2022RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
29 Sep 2021SoldReady
AED 620,000AED 515 per sqft
1 May 2021RentedRenewal
AED 53,000/yr12 months · AED 44 per sqft
1 May 2020RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
1 May 2019RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
2-bed apartment
Size
1,203 sqft
Floor
7th of 8
Parking
B - 63, 64
Developer
Deyaar
Completed
2009
Service charge
AED 17,900 /yr
Last sold
AED 620K · September 2021
Building
Jade Residence

About 707, Jade Residence

707 is a two-bedroom apartment of 1,203 sqft on the 7th floor of Jade Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Deyaar. It last sold on 29 September 2021 for AED 620,000, or AED 515 per sqft.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 66,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 17,900 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in Jade Residence
500K1M1.5M2010201420182022Typical sale price by year: 2010 AED 1,390,444; 2013 AED 1,207,470; 2014 AED 1,023,733; 2015 AED 1,297,403; 2016 AED 900,000; 2020 AED 750,000; 2021 AED 620,000; 2022 AED 700,000; 2023 AED 730,000; 2024 AED 917,500Sold by developer, August 2010: AED 1,483,867 (AED 1,233 per sqft)Sold, February 2013: AED 1,583,867 (AED 1,316 per sqft)Sold, March 2013: AED 690,000 (AED 573 per sqft)Sold, September 2021: AED 620,000 (AED 515 per sqft)

707 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 707, each contractTypical two-bed in Jade Residence
60K80K2013201720212025Typical rent by year: 2013 AED 61,500; 2014 AED 68,000; 2015 AED 87,500; 2016 AED 85,000; 2017 AED 85,000; 2018 AED 76,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 50,500; 2022 AED 58,920; 2023 AED 65,500; 2024 AED 73,400; 2025 AED 85,000New contract, May 2019: AED 65,000 a yearRenewal, May 2020: AED 60,000 a yearRenewal, May 2021: AED 53,000 a yearNew contract, April 2022: AED 60,000 a yearNew contract, September 2022: AED 60,000 a yearRenewal, September 2023: AED 63,000 a yearRenewal, September 2024: AED 66,000 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 Jade Residence, and where 707 sits

All 15 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
25 Sep 2024940,000
25 Sep 2024920,000
27 May 2024915,000
6 Mar 2024790,000
0 2-bed sales in the last 12 months

Jade Residence

Building

97 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Deyaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,776
Typical sale
AED 673K
Typical rent
AED 60K /yr
Typical yield
4.4%
Jade Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 97 units in Jade Residence
Value
7012-bedAED 700K · Dec 2021
7021-bedAED 630K · May 2025
7031-bedAED 325K · Mar 2021
7042-bedAED 700K · Sep 2022
7052-bedAED 320K · Jul 2019
7062-bedAED 755K · Jul 2022
7082-bedAED 740K · Nov 2023
1–7 of 9

707, Jade Residence in numbers

  • Sold 4 times: first on 2 August 2010 for AED 1,483,867, last on 29 September 2021 for AED 620,000 (AED 515 per sqft).
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 53,000 in 2021 and recovered to AED 66,000 by September 2024.
  • At AED 66,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 17,900 a year (AED 14.85 per sqft).

Source: Dubai Land Department. Updated 20 September 2024.

Questions about 707, Jade Residence

What did unit 707 last sell for?

AED 620,000 on 29 September 2021: AED 515 per sqft for 1,203 sqft. The unit has 4 registered sales; the first was AED 1,483,867 in August 2010.

What is the rent for unit 707?

AED 66,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 63,000; the unit has been rented since May 2019.

How big is unit 707?

1,203 sqft (111.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 707, Jade Residence

Starts from the last sale price (AED 620K, 29 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus AED 31,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →