505, Sapphire Residence
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Sapphire Residence
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 5th of 8
- Parking
- G - 34
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 12,000 /yr
- Last sold
- AED 480K · March 2024
- Building
- Sapphire Residence
About 505, Sapphire Residence
505 is a one-bedroom apartment of 773 sqft on the 5th floor of Sapphire Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 18 March 2024 for AED 480,000, or AED 621 per sqft, in line with the AED 612 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 4 May 2024, is AED 55,061 a year: a gross yield of 11.5% on the 2024 price, before the service charge of about AED 12,000 a year.
Sales and rents for 505 over time
505 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 505 sits
All 56 1-beds →505 last sold in March 2024 at AED 621 per sqft, in line with what one-beds in Sapphire Residence were fetching at the time (AED 612). 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. 505's AED 55,061 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 5th floor
All 89 units in Sapphire Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 784 sqft | AED 750KAED 750,000 · May 2025May 2025 | 42,900 /yr | |
| 502 | 1,295 sqft | AED 1.29MAED 1,285,000 · Oct 2025October 2025 | 119,000 /yr | ||
| 503 | 1-bed | 784 sqft | AED 364KAED 364,252 · Sep 2015September 2015 | 50,000 /yr | |
| 504 | 1-bed | 773 sqft | AED 515KAED 515,000 · Oct 2013October 2013 | 49,200 /yr | |
| 506 | 1-bed | 773 sqft | AED 800KAED 800,000 · Mar 2015March 2015 | 34,000 /yr | |
| 507 | 772 sqft | AED 655KAED 655,000 · Aug 2025August 2025 | 58,000 /yr | ||
| 508 | 1-bed | 786 sqft | AED 350KAED 350,000 · Apr 2020April 2020 | 69,000 /yr | |
| 509 | 1-bed | 786 sqft | AED 605KAED 605,000 · Sep 2024September 2024 | 36,000 /yr | |
| 510 | 1-bed | 772 sqft | AED 362KAED 362,393 · May 2013May 2013 | 50,308 /yr | |
| 511 | 1-bed | 773 sqft | AED 550KAED 550,000 · May 2024May 2024 | 54,000 /yr | |
| 512 | 1-bed | 773 sqft | AED 375KAED 374,893 · Jun 2013June 2013 | 36,800 /yr | |
| 513 | 1-bed | 773 sqft | AED 415KAED 415,000 · Aug 2022August 2022 | 29,267 /yr |
505, Sapphire Residence in numbers
- Sold twice: first on 31 July 2013 for AED 505,372, last on 18 March 2024 for AED 480,000 (AED 621 per sqft).
- Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 35,000 to AED 28,000 in 2021 and recovered to AED 55,061 by May 2024.
- At AED 55,061 a year the gross yield on the 2024 price is 11.5%, before a service charge of about AED 12,000 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 4 May 2024.
Questions about 505, Sapphire Residence
What did unit 505 last sell for?
AED 480,000 on 18 March 2024: AED 621 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 505,372 in July 2013.
What is the rent for unit 505?
AED 55,061 a year on the contract signed on 4 May 2024. The previous contract, from February 2024, was AED 41,000; the unit has been rented since October 2012.
How big is unit 505?
773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.
What is unit 505 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 505, Sapphire Residence
Starts from the last sale price (AED 480K, 18 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →