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Studio · 454 sqftLynx Residence, Dubai Silicon Oasis · 7th floor · completed 2010

706, Lynx Residence

Sold prices and rental history: sold twice, last in March 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 9 March 2020
Last soldAED 290K9 March 2020
Current rentAED 27K /yr20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Lynx Residence

What is 706 worth today?

Last sold for AED 290,000 in 2020

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9 Mar 2020SoldReady
AED 290,000AED 638 per sqft
20 Jan 2020RentedNew contract
AED 27,000/yr12 months · AED 60 per sqft
21 Nov 2018RentedNew contract
AED 34,000/yr12 months · AED 75 per sqft
4 Sep 2018Sold by developerOff-plan
AED 381,264AED 839 per sqft

Source: Dubai Land Department. Updated 9 March 2020.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
7th of 11
Parking
B3-402
Developer
Earth Developers
Completed
2010
Service charge
AED 5,400 /yr
Last sold
AED 290K · March 2020
Building
Lynx Residence

About 706, Lynx Residence

706 is a studio of 454 sqft on the 7th floor of Lynx Residence, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Earth Developers. It last sold on 9 March 2020 for AED 290,000, or AED 638 per sqft, 7% below the AED 686 studios in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 20 January 2020, is AED 27,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 5,400 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical studio in Lynx Residence
400K2012201620202024Typical sale price by year: 2012 AED 355,000; 2016 AED 374,160; 2017 AED 394,525; 2018 AED 374,157; 2019 AED 320,000; 2020 AED 248,033; 2021 AED 275,000; 2022 AED 300,000; 2023 AED 340,000; 2024 AED 410,000; 2025 AED 470,000Sold by developer, September 2018: AED 381,264 (AED 839 per sqft)Sold, March 2020: AED 290,000 (AED 638 per sqft)

706 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 706, each contractTypical studio in Lynx Residence
20K30K40K20182020202220242026Typical rent by year: 2018 AED 33,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 21,750; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 40,000; 2025 AED 40,500New contract, November 2018: AED 34,000 a yearNew contract, January 2020: AED 27,000 a year

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

Studios in Lynx Residence, and where 706 sits

All 62 studios →

706 last sold in March 2020 at AED 638 per sqft, 7% below what studios in Lynx Residence were fetching at the time (AED 686). Over the last 12 months studios sold for AED 525,000 to 533,000, around AED 1,164 per sqft, and rent for AED 32,005 to 43,000 a year. 706's AED 27,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 2026533,000
31 Jul 2025460,000
23 Apr 2025425,000
5 Mar 2025470,000
2 studio sales in the last 12 months

Lynx Residence

Building

143 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Earth Developers. 6 sold in the last 12 months.

Typical price per sqft
AED 973
Typical sale
AED 696K
Typical rent
AED 58K /yr
Typical yield
7.8%
Lynx Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 143 units in Lynx Residence
Value
701StudioAED 384K · Sep 2018
7021-bedAED 809K · Oct 2018
703AED 750K · Nov 2025
7041-bedAED 420K · Jun 2019
705StudioAED 377K · Sep 2018
707StudioAED 367K · Sep 2018
708StudioAED 374K · Sep 2018
1–7 of 13

706, Lynx Residence in numbers

  • Sold twice: first on 4 September 2018 for AED 381,264, last on 9 March 2020 for AED 290,000 (AED 638 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, from AED 34,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 5,400 a year (AED 11.95 per sqft).
  • Studios in Lynx Residence sold for AED 525,000–533,000 in the 12 months to November 2026; the building's median across all types is AED 973 per sqft.

Source: Dubai Land Department. Updated 9 March 2020.

Questions about 706, Lynx Residence

What did unit 706 last sell for?

AED 290,000 on 9 March 2020: AED 638 per sqft for 454 sqft. The unit has 2 registered sales; the first was AED 381,264 in September 2018.

What is the rent for unit 706?

AED 27,000 a year on the contract signed on 20 January 2020. The previous contract, from November 2018, was AED 34,000.

How big is unit 706?

454 sqft (42.2 sqm): a studio on the 7th floor of a 11-storey tower completed in 2010.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lynx Residence sold for AED 525,000 to 533,000 in the last 12 months, around AED 1,164 per sqft.

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Mortgage on 706, Lynx Residence

Starts from the last sale price (AED 290K, 9 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →