1-bed · 726 sqftSevanam Crown, Dubai Silicon Oasis · 5th floor · completed 2009

507, Sevanam Crown

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 366K3 October 2013
Current rentAED 40K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Sevanam Crown

What is 507 worth today?

Last sold for AED 366,380 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2024RentedRenewal
AED 40,480/yr12 months · AED 56 per sqft
10 Oct 2023RentedRenewal
AED 32,000/yr12 months · AED 44 per sqft
10 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 39 per sqft
27 Mar 2019RentedRenewal
AED 43,000/yr12 months · AED 60 per sqft
27 Mar 2018RentedNew contract
AED 48,000/yr12 months · AED 67 per sqft
6 Jan 2017RentedRenewal
AED 57,000/yr12 months · AED 79 per sqft
6 Jan 2016RentedNew contract
AED 57,000/yr12 months · AED 79 per sqft
6 Jan 2015RentedNew contract
AED 57,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
5th of 9
Parking
B2-04
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 12,600 /yr
Last sold
AED 366K · October 2013

About 507, Sevanam Crown

507 is a one-bedroom apartment of 726 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 3 October 2013 for AED 366,380, or AED 504 per sqft, 5% below the AED 532 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 40,480 a year: a gross yield of 11.1% on the 2013 price, before the service charge of about AED 12,600 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, September 2009: AED 870,153 (AED 1,198 per sqft)Sold, October 2013: AED 366,380 (AED 504 per sqft)

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

Rents
Unit 507, 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, January 2015: AED 57,000 a yearNew contract, January 2016: AED 57,000 a yearRenewal, January 2017: AED 57,000 a yearNew contract, March 2018: AED 48,000 a yearRenewal, March 2019: AED 43,000 a yearNew contract, October 2021: AED 28,000 a yearRenewal, October 2023: AED 32,000 a yearRenewal, October 2024: AED 40,480 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 507 sits

All 98 1-beds →

507 last sold in October 2013 at AED 504 per sqft, 5% below what one-beds in Sevanam Crown were fetching at the time (AED 532). 507's AED 40,480 is in the lower half 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
5021-bedAED 520K · Dec 2015
5031-bedAED 582K · Dec 2024
5041-bedAED 445K · Jan 2024
5051-bedAED 415K · Aug 2012
5061-bedAED 360K · Mar 2021
5081-bedAED 380K · Jul 2023
1–7 of 13

507, Sevanam Crown in numbers

  • Sold twice: first on 1 September 2009 for AED 870,153, last on 3 October 2013 for AED 366,380 (AED 504 per sqft).
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 28,000 in 2021 and recovered to AED 40,480 by October 2024.
  • At AED 40,480 a year the gross yield on the 2013 price is 11.1%, before a service charge of about AED 12,600 a year (AED 17.36 per sqft).

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 507, Sevanam Crown

What did unit 507 last sell for?

AED 366,380 on 3 October 2013: AED 504 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 870,153 in September 2009.

What is the rent for unit 507?

AED 40,480 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 32,000; the unit has been rented since January 2015.

How big is unit 507?

726 sqft (67.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2009.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 507, Sevanam Crown

Starts from the last sale price (AED 366K, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 366,380
Deposit, UAE resident (20%)
AED 73,276
Deposit, non-resident (40%)
AED 146,552
Monthly over 25 years at 3.7%
AED 1,499

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