408, Sapphire Residence
Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Sapphire Residence
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 786 sqft
- Floor
- 4th of 8
- Parking
- G - 50
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 12,200 /yr
- Last sold
- AED 320K · April 2014
- Building
- Sapphire Residence
About 408, Sapphire Residence
408 is a one-bedroom apartment of 786 sqft on the 4th floor of Sapphire Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 13 April 2014 for AED 320,000, or AED 407 per sqft, 43% below the AED 710 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 October 2023, is AED 50,000 a year: a gross yield of 15.6% on the 2014 price, before the service charge of about AED 12,200 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Sapphire Residence, and where 408 sits
All 56 1-beds →408 last sold in April 2014 at AED 407 per sqft, 43% below what one-beds in Sapphire Residence were fetching at the time (AED 710). Over the last 12 months one-beds sold for AED 695,000, around AED 899 per sqft, and rent for AED 48,825 to 65,000 a year. 408's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202513 June 2025 | 772 sqft | 600,000 | 776 | ||
| 21 May 202521 May 2025 | 784 sqft | 750,000 | 956 | ||
| 10 Feb 202510 February 2025 | 786 sqft | 635,000 | 808 | ||
| 28 Jan 202528 January 2025 | 786 sqft | 630,000 | 801 |
Sapphire Residence
Building89 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Deyaar. 2 sold in the last 12 months.
- Typical price per sqft
- AED 955
- Typical sale
- AED 910K
- Typical rent
- AED 62K /yr
- Typical yield
- 7.6%
Other units on the 4th floor
All 89 units in Sapphire Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 784 sqft | AED 746KAED 746,331 · Oct 2013October 2013 | 58,000 /yr | |
| 402 | 2-bed | 1,295 sqft | AED 871KAED 871,200 · Nov 2015November 2015 | 66,150 /yr | |
| 403 | 1-bed | 784 sqft | AED 615KAED 615,000 · Aug 2015August 2015 | 55,125 /yr | |
| 404 | 1-bed | 773 sqft | AED 789KAED 789,394 · Jun 2013June 2013 | 62,000 /yr | |
| 405 | 773 sqft | AED 695KAED 695,000 · Nov 2025November 2025 | 32,000 /yr | ||
| 406 | 1-bed | 773 sqft | AED 425KAED 425,000 · Aug 2023August 2023 | 34,095 /yr | |
| 407 | 1-bed | 772 sqft | AED 600KAED 600,000 · Jun 2025June 2025 | 45,000 /yr | |
| 409 | 1-bed | 786 sqft | AED 515KAED 514,560 · Dec 2012December 2012 | 48,825 /yr | |
| 410 | 1-bed | 772 sqft | AED 747KAED 747,386 · Sep 2012September 2012 | 34,000 /yr | |
| 411 | 1-bed | 773 sqft | AED 437KAED 437,000 · Feb 2023February 2023 | ||
| 412 | 1-bed | 773 sqft | AED 550KAED 550,000 · Aug 2024August 2024 | 57,000 /yr | |
| 413 | 1-bed | 773 sqft | AED 575KAED 575,000 · Oct 2017October 2017 |
408, Sapphire Residence in numbers
- Sold twice: first on 7 October 2013 for AED 568,897, last on 13 April 2014 for AED 320,000 (AED 407 per sqft).
- Rented since November 2013 on 7 Ejari contracts, from AED 36,750 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2014 price is 15.6%, before a service charge of about AED 12,200 a year (AED 15.52 per sqft).
- One-beds in Sapphire Residence sold for AED 695,000–695,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.
Questions about 408, Sapphire Residence
What did unit 408 last sell for?
AED 320,000 on 13 April 2014: AED 407 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 568,897 in October 2013.
What is the rent for unit 408?
AED 50,000 a year on the contract signed on 15 October 2023. The previous contract, from June 2019, was AED 45,000; the unit has been rented since November 2013.
How big is unit 408?
786 sqft (73.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sapphire Residence sold for AED 695,000 to 695,000 in the last 12 months, around AED 899 per sqft.
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Mortgage on 408, Sapphire Residence
Starts from the last sale price (AED 320K, 13 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 320,000
- Deposit, UAE resident (20%)
- AED 64,000
- Deposit, non-resident (40%)
- AED 128,000
- Monthly over 25 years at 3.7%
- AED 1,309
Plus AED 16,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →