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1-bed · 726 sqftSevanam Crown, Dubai Silicon Oasis · 7th floor · completed 2009

701, Sevanam Crown

Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 572K21 February 2012
Current rentAED 35K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Sevanam Crown

What is 701 worth today?

Last sold for AED 572,468 in 2012

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1 Apr 2023RentedRenewal
AED 35,000/yr12 months · AED 49 per sqft
1 Apr 2020RentedRenewal
AED 36,000/yr12 months · AED 50 per sqft
1 Apr 2019RentedRenewal
AED 40,000/yr12 months · AED 55 per sqft
1 Apr 2018RentedNew contract
AED 48,000/yr12 months · AED 67 per sqft
1 Feb 2017RentedRenewal
AED 54,000/yr12 months · AED 75 per sqft
1 Feb 2016RentedNew contract
AED 57,000/yr12 months · AED 79 per sqft
15 Jan 2014RentedNew contract
AED 55,000/yr12 months · AED 76 per sqft
21 Feb 2012Sold by developerReady
AED 572,468AED 788 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
7th of 9
Parking
B1-03
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 12,600 /yr
Last sold
AED 572K · February 2012
Building
Sevanam Crown

About 701, Sevanam Crown

701 is a one-bedroom apartment of 726 sqft on the 7th 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 572,468, or AED 788 per sqft, 15% above the AED 687 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 35,000 a year: a gross yield of 6.1% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, February 2012: AED 572,468 (AED 788 per sqft)

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

Rents
Unit 701, 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 2014: AED 55,000 a yearNew contract, February 2016: AED 57,000 a yearRenewal, February 2017: AED 54,000 a yearNew contract, April 2018: AED 48,000 a yearRenewal, April 2019: AED 40,000 a yearRenewal, April 2020: AED 36,000 a yearRenewal, April 2023: AED 35,000 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 701 sits

All 98 1-beds →

701 last sold in February 2012 at AED 788 per sqft, 15% above what one-beds in Sevanam Crown were fetching at the time (AED 687). 701's AED 35,000 is at the bottom 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 7th floor

All 126 units in Sevanam Crown
Value
7021-bedAED 493K · Jan 2015
7031-bedAED 409K · Aug 2013
7041-bedAED 632K · May 2012
7051-bedAED 409K · May 2012
7061-bedAED 315K · Jan 2023
7071-bedAED 495K · Feb 2012
7081-bedAED 779K · Dec 2011
1–7 of 13

701, Sevanam Crown in numbers

  • Sold once: by Sevanam Holdings on 21 February 2012 for AED 572,468, or AED 788 per sqft.
  • Rented since January 2014 on 7 Ejari contracts, from AED 55,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2012 price is 6.1%, before a service charge of about AED 12,600 a year (AED 17.36 per sqft).

Source: Dubai Land Department. Updated 1 April 2023.

Questions about 701, Sevanam Crown

What did unit 701 last sell for?

AED 572,468 on 21 February 2012, sold by the developer: AED 788 per sqft for 726 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 35,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2020, was AED 36,000; the unit has been rented since January 2014.

How big is unit 701?

726 sqft (67.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2009.

What is unit 701 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 701, Sevanam Crown

Starts from the last sale price (AED 572K, 21 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 572,468
Deposit, UAE resident (20%)
AED 114,494
Deposit, non-resident (40%)
AED 228,987
Monthly over 25 years at 3.7%
AED 2,342

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