1-bed · 651 sqftSevanam Crown, Dubai Silicon Oasis · 5th floor · completed 2009

502, Sevanam Crown

Sold prices and rental history: sold twice, last in December 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 520K8 December 2015
Current rentAED 68K /yr23 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Sevanam Crown

What is 502 worth today?

Last sold for AED 520,000 in 2015

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23 Oct 2024RentedNew contract
AED 68,000/yr12 months · AED 105 per sqft
12 Oct 2023RentedNew contract
AED 58,000/yr12 months · AED 90 per sqft
22 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
25 Aug 2019RentedNew contract
AED 36,000/yr12 months · AED 56 per sqft
1 Jul 2018RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
1 Jul 2017RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
8 Dec 2015SoldReady
AED 520,000AED 798 per sqft
11 Dec 2013Sold by developerReady
AED 328,992AED 505 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
5th of 9
Parking
B1-57
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 11,300 /yr
Last sold
AED 520K · December 2015

About 502, Sevanam Crown

502 is a one-bedroom apartment of 651 sqft on the 5th floor of Sevanam Crown, a 9-storey tower in Dubai Silicon Oasis completed in 2009 by Sevanam Holdings. It last sold on 8 December 2015 for AED 520,000, or AED 798 per sqft, 4% below the AED 828 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 23 October 2024, is AED 68,000 a year: a gross yield of 13.1% on the 2015 price, before the service charge of about AED 11,300 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Sevanam Crown
500K2009201420192024Typical sale price by year: 2009 AED 870,153; 2011 AED 787,454; 2012 AED 507,759; 2013 AED 400,007; 2014 AED 412,200; 2015 AED 700,000; 2017 AED 450,000; 2019 AED 310,000; 2021 AED 330,000; 2023 AED 380,000; 2024 AED 462,500; 2025 AED 555,000Sold by developer, December 2013: AED 328,992 (AED 505 per sqft)Sold, December 2015: AED 520,000 (AED 798 per sqft)

502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Sevanam Crown
40K60K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 36,000; 2014 AED 50,000; 2015 AED 53,500; 2016 AED 54,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 36,000; 2024 AED 42,000; 2025 AED 47,500New contract, March 2012: AED 29,000 a yearNew contract, July 2017: AED 50,000 a yearRenewal, July 2018: AED 50,000 a yearNew contract, August 2019: AED 36,000 a yearNew contract, October 2022: AED 50,000 a yearNew contract, October 2023: AED 58,000 a yearNew contract, October 2024: AED 68,000 a year

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

1-beds in Sevanam Crown, and where 502 sits

All 98 1-beds →

502 last sold in December 2015 at AED 798 per sqft, 4% below what one-beds in Sevanam Crown were fetching at the time (AED 828). 502's AED 68,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 2025555,000
4 Mar 2025525,000
1 Mar 2025555,000
30 Dec 2024582,000
0 1-bed 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 5th floor

All 126 units in Sevanam Crown
Value
5011-bedAED 366K · Dec 2013
5031-bedAED 582K · Dec 2024
5041-bedAED 445K · Jan 2024
5051-bedAED 415K · Aug 2012
5061-bedAED 360K · Mar 2021
5071-bedAED 366K · Oct 2013
5081-bedAED 380K · Jul 2023
1–7 of 13

502, Sevanam Crown in numbers

  • Sold twice: first on 11 December 2013 for AED 328,992, last on 8 December 2015 for AED 520,000 (AED 798 per sqft).
  • Rented since March 2012 on 7 Ejari contracts, from AED 29,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2015 price is 13.1%, before a service charge of about AED 11,300 a year (AED 17.36 per sqft).

Source: Dubai Land Department. Updated 23 October 2024.

Questions about 502, Sevanam Crown

What did unit 502 last sell for?

AED 520,000 on 8 December 2015: AED 798 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 328,992 in December 2013.

What is the rent for unit 502?

AED 68,000 a year on the contract signed on 23 October 2024. The previous contract, from October 2023, was AED 58,000; the unit has been rented since March 2012.

How big is unit 502?

651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2009.

What is unit 502 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 502, Sevanam Crown

Starts from the last sale price (AED 520K, 8 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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