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1-bed · 887 sqftSP Oasis, Dubai Silicon Oasis · 2nd floor · completed 2010

203, SP Oasis

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

Unit 203 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 375K4 May 2015
Current rentAED 44K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, SP Oasis

What is 203 worth today?

Last sold for AED 375,000 in 2015

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1 Mar 2023RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft
10 Oct 2021RentedNew contract
AED 33,000/yr12 months · AED 37 per sqft
1 Oct 2020RentedNew contract
AED 35,500/yr12 months · AED 40 per sqft
4 May 2015SoldReady
AED 375,000AED 422 per sqft
1 Jul 2013RentedNew contract
AED 47,250/yr12 months · AED 54 per sqft
22 Nov 2010Sold by developerReady
AED 761,440AED 858 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
887 sqft
Floor
2nd of 7
Parking
(B-39)
Developer
S.P. Oasis
Completed
2010
Service charge
AED 14,500 /yr
Last sold
AED 375K · May 2015
Building
SP Oasis

About 203, SP Oasis

203 is a one-bedroom apartment of 887 sqft on the 2nd floor of SP Oasis, a 7-storey tower in Dubai Silicon Oasis completed in 2010 by S.P. Oasis. It last sold on 4 May 2015 for AED 375,000, or AED 422 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 March 2023, is AED 44,000 a year: a gross yield of 11.7% on the 2015 price, before the service charge of about AED 14,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in SP Oasis
250K500K750K2010201420182022Typical sale price by year: 2010 AED 751,260; 2011 AED 751,260; 2018 AED 700,000; 2022 AED 300,000; 2024 AED 595,000Sold by developer, November 2010: AED 761,440 (AED 858 per sqft)Sold, May 2015: AED 375,000 (AED 422 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in SP Oasis
40K60K2012201620202024Typical rent by year: 2012 AED 47,000; 2013 AED 47,500; 2014 AED 57,500; 2015 AED 62,000; 2016 AED 65,000; 2017 AED 61,750; 2018 AED 52,000; 2019 AED 44,000; 2020 AED 36,923; 2021 AED 33,000; 2022 AED 36,500; 2023 AED 42,000; 2024 AED 44,908; 2025 AED 48,000New contract, July 2013: AED 47,250 a yearNew contract, October 2020: AED 35,500 a yearNew contract, October 2021: AED 33,000 a yearNew contract, March 2023: AED 44,000 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 SP Oasis, and where 203 sits

All 25 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 2024595,000
4 Mar 2024725,000
1 Feb 2024462,000
27 Dec 2022384,000
0 1-bed sales in the last 12 months

SP Oasis

Building

68 apartments, studios to 5-bed over 7 floors in Dubai Silicon Oasis, completed in 2010 by S.P. Oasis. 1 sold in the last 12 months.

Typical price per sqft
AED 972
Typical sale
AED 1.43M
Typical rent
AED 48K /yr
Typical yield
9.9%
SP Oasis, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 68 units in SP Oasis
Value
201StudioAED 481K · Nov 2010
202StudioAED 354K · Nov 2010
2041-bedAED 751K · Nov 2010
205StudioAED 340K · May 2024
206StudioAED 450K · Sep 2014
207StudioAED 336K · Nov 2010
2081-bedAED 386K · Dec 2021
1–7 of 15

203, SP Oasis in numbers

  • Sold twice: first on 22 November 2010 for AED 761,440, last on 4 May 2015 for AED 375,000 (AED 422 per sqft).
  • Rented since July 2013 on 4 Ejari contracts. The rent fell from AED 47,250 to AED 33,000 in 2021 and recovered to AED 44,000 by March 2023.
  • At AED 44,000 a year the gross yield on the 2015 price is 11.7%, before a service charge of about AED 14,500 a year (AED 16.31 per sqft).

Source: Dubai Land Department. Updated 1 March 2023.

Questions about 203, SP Oasis

What did unit 203 last sell for?

AED 375,000 on 4 May 2015: AED 422 per sqft for 887 sqft. The unit has 2 registered sales; the first was AED 761,440 in November 2010.

What is the rent for unit 203?

AED 44,000 a year on the contract signed on 1 March 2023. The previous contract, from October 2021, was AED 33,000; the unit has been rented since July 2013.

How big is unit 203?

887 sqft (82.4 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2010.

What is unit 203 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 203, SP Oasis

Starts from the last sale price (AED 375K, 4 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

Plus AED 18,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →