Studio · 439 sqftSevanam Crown, Dubai Silicon Oasis · 3rd floor · completed 2009

311, Sevanam Crown

Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 303K21 February 2012
Current rentAED 28K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Sevanam Crown

What is 311 worth today?

Last sold for AED 302,821 in 2012

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15 Apr 2024RentedRenewal
AED 28,000/yr12 months · AED 63 per sqft
15 Apr 2023RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
15 Apr 2023RentedRenewal
AED 28,000/yr12 months · AED 65 per sqft
15 Apr 2022RentedRenewal
AED 20,000/yr12 months · AED 46 per sqft
15 Apr 2021RentedNew contract
AED 17,500/yr12 months · AED 40 per sqft
1 Dec 2018RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft
5 Nov 2017RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
25 Apr 2017RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
Studio apartment
Size
439 sqft
Floor
3rd of 9
Parking
B1-30
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 7,600 /yr
Last sold
AED 303K · February 2012

About 311, Sevanam Crown

311 is a studio of 439 sqft on the 3rd floor of Sevanam Crown, a 9-storey tower in Dubai Silicon Oasis completed in 2009 by Sevanam Holdings. The developer sold it on 21 February 2012 for AED 302,821, or AED 689 per sqft, in line with the AED 689 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 28,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 7,600 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical studio in Sevanam Crown
200K400K20092013201720212025Typical sale price by year: 2009 AED 470,736; 2012 AED 285,057; 2013 AED 273,186; 2015 AED 200,000; 2024 AED 332,500Sold by developer, February 2012: AED 302,821 (AED 689 per sqft)

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

Rents
Unit 311, each contractTypical studio in Sevanam Crown
20K40K2012201620202024Typical rent by year: 2012 AED 25,000; 2013 AED 30,000; 2014 AED 40,000; 2015 AED 40,000; 2016 AED 40,000; 2017 AED 38,000; 2018 AED 33,000; 2019 AED 28,000; 2020 AED 22,000; 2021 AED 20,000; 2022 AED 21,000; 2023 AED 24,650; 2024 AED 30,440; 2025 AED 31,434New contract, June 2013: AED 30,000 a yearNew contract, February 2014: AED 40,000 a yearNew contract, February 2015: AED 45,000 a yearNew contract, April 2017: AED 40,000 a yearNew contract, November 2017: AED 35,000 a yearNew contract, December 2018: AED 32,000 a yearNew contract, April 2021: AED 17,500 a yearRenewal, April 2022: AED 20,000 a yearNew contract, April 2023: AED 28,000 a yearRenewal, April 2023: AED 28,000 a yearRenewal, April 2024: AED 28,000 a year

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

Studios in Sevanam Crown, and where 311 sits

All 24 studios →

311 last sold in February 2012 at AED 689 per sqft, in line with what studios in Sevanam Crown were fetching at the time (AED 689).

Recent studio salesUnit no.Price (AED)Summary
7 Jul 2025460,000
7 Nov 2024335,000
5 Aug 2024405,000
12 Jul 2024330,000
0 studio sales in the last 12 months

Sevanam Crown

Building

126 apartments, studios to 1-bed over 9 floors in Dubai Silicon Oasis, completed in 2009 by Sevanam Holdings. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 48K /yr
Typical yield
Sevanam Crown, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 126 units in Sevanam Crown
Value
3011-bedAED 330K · Jun 2021
3021-bedAED 329K · Aug 2013
3031-bedAED 842K · Jun 2015
3041-bedAED 563K · Jun 2017
3051-bedAED 565K · Nov 2024
3061-bedAED 465K · Mar 2024
3071-bedAED 896K · Aug 2009
1–7 of 13

311, Sevanam Crown in numbers

  • Sold once: by Sevanam Holdings on 21 February 2012 for AED 302,821, or AED 689 per sqft.
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 30,000 to AED 17,500 in 2021 and recovered to AED 28,000 by April 2024.
  • At AED 28,000 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 7,600 a year (AED 17.36 per sqft).

Source: Dubai Land Department. Updated 15 April 2024.

Questions about 311, Sevanam Crown

What did unit 311 last sell for?

AED 302,821 on 21 February 2012, sold by the developer: AED 689 per sqft for 439 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 28,000 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 28,000; the unit has been rented since June 2013.

How big is unit 311?

439 sqft (40.8 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2009.

What is unit 311 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 311, Sevanam Crown

Starts from the last sale price (AED 303K, 21 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 302,821
Deposit, UAE resident (20%)
AED 60,564
Deposit, non-resident (40%)
AED 121,128
Monthly over 25 years at 3.7%
AED 1,239

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