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1-bed · 761 sqftSevanam Crown, Dubai Silicon Oasis · 7th floor · completed 2009

704, Sevanam Crown

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

Unit 704 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 632K8 May 2012
Current rentAED 34K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Sevanam Crown

What is 704 worth today?

Last sold for AED 631,819 in 2012

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20 Oct 2023RentedRenewal
AED 34,000/yr12 months · AED 44 per sqft
20 Oct 2022RentedRenewal
AED 32,000/yr12 months · AED 42 per sqft
20 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
10 Jul 2018RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
10 Jul 2016RentedNew contract
AED 56,000/yr12 months · AED 73 per sqft
10 Jul 2014RentedNew contract
AED 57,000/yr12 months · AED 75 per sqft
8 May 2012Sold by developerReady
AED 631,819AED 830 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
7th of 9
Parking
B1-35
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 13,200 /yr
Last sold
AED 632K · May 2012
Building
Sevanam Crown

About 704, Sevanam Crown

704 is a one-bedroom apartment of 761 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 8 May 2012 for AED 631,819, or AED 830 per sqft, 19% above the AED 700 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 20 October 2023, is AED 34,000 a year: a gross yield of 5.4% on the 2012 price, before the service charge of about AED 13,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2012: AED 631,819 (AED 830 per sqft)

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

Rents
Unit 704, 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, July 2014: AED 57,000 a yearNew contract, July 2016: AED 56,000 a yearNew contract, July 2018: AED 50,000 a yearNew contract, January 2021: AED 30,000 a yearNew contract, October 2021: AED 30,000 a yearRenewal, October 2022: AED 32,000 a yearRenewal, October 2023: AED 34,000 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 704 sits

All 98 1-beds →

704 last sold in May 2012 at AED 830 per sqft, 19% above what one-beds in Sevanam Crown were fetching at the time (AED 700). 704's AED 34,000 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
7021-bedAED 493K · Jan 2015
7031-bedAED 409K · Aug 2013
7051-bedAED 409K · May 2012
7061-bedAED 315K · Jan 2023
7071-bedAED 495K · Feb 2012
7081-bedAED 779K · Dec 2011
1–7 of 13

704, Sevanam Crown in numbers

  • Sold once: by Sevanam Holdings on 8 May 2012 for AED 631,819, or AED 830 per sqft.
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 57,000 to AED 30,000 in 2021 and recovered to AED 34,000 by October 2023.
  • At AED 34,000 a year the gross yield on the 2012 price is 5.4%, before a service charge of about AED 13,200 a year (AED 17.36 per sqft).

Source: Dubai Land Department. Updated 20 October 2023.

Questions about 704, Sevanam Crown

What did unit 704 last sell for?

AED 631,819 on 8 May 2012, sold by the developer: AED 830 per sqft for 761 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 34,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 32,000; the unit has been rented since July 2014.

How big is unit 704?

761 sqft (70.7 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2009.

What is unit 704 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 704, Sevanam Crown

Starts from the last sale price (AED 632K, 8 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 631,819
Deposit, UAE resident (20%)
AED 126,364
Deposit, non-resident (40%)
AED 252,728
Monthly over 25 years at 3.7%
AED 2,585

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