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1-bed · 597 sqftSevanam Crown, Dubai Silicon Oasis · 7th floor · completed 2009

702, Sevanam Crown

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 493K19 January 2015
Current rentAED 30K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Sevanam Crown

What is 702 worth today?

Last sold for AED 493,489 in 2015

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1 Mar 2023RentedNew contract
AED 30,000/yr12 months · AED 51 per sqft
8 Feb 2022RentedNew contract
AED 24,000/yr12 months · AED 41 per sqft
15 Jan 2020RentedRenewal
AED 36,000/yr12 months · AED 61 per sqft
19 Jan 2015Sold by developerReady
AED 493,489AED 826 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
597 sqft
Floor
7th of 9
Parking
B2-22
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 10,400 /yr
Last sold
AED 493K · January 2015
Building
Sevanam Crown

About 702, Sevanam Crown

702 is a one-bedroom apartment of 597 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 19 January 2015 for AED 493,489, or AED 826 per sqft, 40% above the AED 590 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2023, is AED 30,000 a year: a gross yield of 6.1% on the 2015 price, before the service charge of about AED 10,400 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, January 2015: AED 493,489 (AED 826 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Sevanam Crown
20K40K2012201620202024Typical 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 47,500Renewal, January 2020: AED 36,000 a yearNew contract, February 2022: AED 24,000 a yearNew contract, March 2023: AED 30,000 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 702 sits

All 98 1-beds →

702 last sold in January 2015 at AED 826 per sqft, 40% above what one-beds in Sevanam Crown were fetching at the time (AED 590). 702's AED 30,000 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
7011-bedAED 572K · Feb 2012
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

702, Sevanam Crown in numbers

  • Sold once: by Sevanam Holdings on 19 January 2015 for AED 493,489, or AED 826 per sqft.
  • Rented since January 2020 on 3 Ejari contracts. The rent fell from AED 36,000 to AED 24,000 in 2022 and recovered to AED 30,000 by March 2023.
  • At AED 30,000 a year the gross yield on the 2015 price is 6.1%, before a service charge of about AED 10,400 a year (AED 17.36 per sqft).

Source: Dubai Land Department. Updated 1 March 2023.

Questions about 702, Sevanam Crown

What did unit 702 last sell for?

AED 493,489 on 19 January 2015, sold by the developer: AED 826 per sqft for 597 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 30,000 a year on the contract signed on 1 March 2023. The previous contract, from February 2022, was AED 24,000; the unit has been rented since January 2020.

How big is unit 702?

597 sqft (55.5 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2009.

What is unit 702 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 702, Sevanam Crown

Starts from the last sale price (AED 493K, 19 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 493,489
Deposit, UAE resident (20%)
AED 98,698
Deposit, non-resident (40%)
AED 197,396
Monthly over 25 years at 3.7%
AED 2,019

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