1-bed · 691 sqftSP Oasis, Dubai Silicon Oasis · 2nd floor · completed 2010

209, SP Oasis

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 7 January 2023
Last soldAED 384K27 December 2022
Current rentAED 35K /yr7 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, SP Oasis

What is 209 worth today?

Last sold for AED 384,000 in 2022

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7 Jan 2023RentedNew contract
AED 35,000/yr12 months · AED 51 per sqft
27 Dec 2022SoldReady
AED 384,000AED 556 per sqft
10 Nov 2021RentedNew contract
AED 28,000/yr12 months · AED 41 per sqft
29 Dec 2020SoldReady
AED 200,000AED 289 per sqft
25 Jun 2020RentedNew contract
AED 26,000/yr12 months · AED 38 per sqft
1 Apr 2019RentedNew contract
AED 39,000/yr12 months · AED 57 per sqft
28 Sep 2016RentedNew contract
AED 57,000/yr12 months · AED 83 per sqft
1 Jul 2015RentedNew contract
AED 70,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 7 January 2023.

Key facts

Type
1-bed apartment
Size
691 sqft
Floor
2nd of 7
Parking
(B-32)
Developer
S.P. Oasis
Completed
2010
Service charge
AED 11,300 /yr
Last sold
AED 384K · December 2022
Building
SP Oasis

About 209, SP Oasis

209 is a one-bedroom apartment of 691 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 27 December 2022 for AED 384,000, or AED 556 per sqft, 31% above the AED 425 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 7 January 2023, is AED 35,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 11,300 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 597,020 (AED 864 per sqft)Sold, December 2020: AED 200,000 (AED 289 per sqft)Sold, December 2022: AED 384,000 (AED 556 per sqft)

209 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 209, each contractTypical one-bed in SP Oasis
20K40K60K2012201620202024Typical 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 2014: AED 65,000 a yearNew contract, July 2015: AED 70,000 a yearNew contract, September 2016: AED 57,000 a yearNew contract, April 2019: AED 39,000 a yearNew contract, June 2020: AED 26,000 a yearNew contract, November 2021: AED 28,000 a yearNew contract, January 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 SP Oasis, and where 209 sits

All 25 1-beds →

209 last sold in December 2022 at AED 556 per sqft, 31% above what one-beds in SP Oasis were fetching at the time (AED 425).

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 2024595,000
4 Mar 2024725,000
1 Feb 2024462,000
18 Nov 2022300,000
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
2031-bedAED 375K · May 2015
2041-bedAED 751K · Nov 2010
205StudioAED 340K · May 2024
206StudioAED 450K · Sep 2014
207StudioAED 336K · Nov 2010
1–7 of 15

209, SP Oasis in numbers

  • Sold 3 times: first on 22 November 2010 for AED 597,020, last on 27 December 2022 for AED 384,000 (AED 556 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 26,000 in 2020 and recovered to AED 35,000 by January 2023.
  • At AED 35,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 11,300 a year (AED 16.31 per sqft).

Source: Dubai Land Department. Updated 7 January 2023.

Questions about 209, SP Oasis

What did unit 209 last sell for?

AED 384,000 on 27 December 2022: AED 556 per sqft for 691 sqft. The unit has 3 registered sales; the first was AED 597,020 in November 2010.

What is the rent for unit 209?

AED 35,000 a year on the contract signed on 7 January 2023. The previous contract, from November 2021, was AED 28,000; the unit has been rented since July 2014.

How big is unit 209?

691 sqft (64.2 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2010.

What is unit 209 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 209, SP Oasis

Starts from the last sale price (AED 384K, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 384,000
Deposit, UAE resident (20%)
AED 76,800
Deposit, non-resident (40%)
AED 153,600
Monthly over 25 years at 3.7%
AED 1,571

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