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1-bed · 706 sqftSP Oasis, Dubai Silicon Oasis · 4th floor · completed 2010

406, SP Oasis

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 462K1 February 2024
Current rentAED 25K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, SP Oasis

What is 406 worth today?

Last sold for AED 462,000 in 2024

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1 Feb 2024SoldReady
AED 462,000AED 654 per sqft
18 Nov 2022SoldReady
AED 300,000AED 425 per sqft
1 Jun 2022RentedRenewal
AED 25,000/yr12 months · AED 35 per sqft
1 Jun 2021RentedNew contract
AED 25,000/yr12 months · AED 35 per sqft
4 May 2020RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft
20 Apr 2019RentedNew contract
AED 38,000/yr12 months · AED 53 per sqft
17 Sep 2014RentedNew contract
AED 62,000/yr12 months · AED 87 per sqft
15 Nov 2012RentedNew contract
AED 37,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
4th of 7
Parking
(B-75)
Developer
S.P. Oasis
Completed
2010
Service charge
AED 11,500 /yr
Last sold
AED 462K · February 2024
Building
SP Oasis

About 406, SP Oasis

406 is a one-bedroom apartment of 706 sqft on the 4th floor of SP Oasis, a 7-storey tower in Dubai Silicon Oasis completed in 2010 by S.P. Oasis. It last sold on 1 February 2024 for AED 462,000, or AED 654 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 25,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 11,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 655,700 (AED 929 per sqft)Sold, November 2022: AED 300,000 (AED 425 per sqft)Sold, February 2024: AED 462,000 (AED 654 per sqft)

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

Rents
Unit 406, 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, November 2012: AED 37,000 a yearNew contract, September 2014: AED 62,000 a yearNew contract, April 2019: AED 38,000 a yearNew contract, May 2020: AED 30,000 a yearNew contract, June 2021: AED 25,000 a yearRenewal, June 2022: AED 25,000 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 406 sits

All 25 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 2024595,000
4 Mar 2024725,000
27 Dec 2022384,000
2 Jun 2022200,000
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 4th floor

All 68 units in SP Oasis
Value
4011-bedAED 561K · Jan 2011
4021-bedAED 200K · Jun 2022
4031-bedAED 700K · Feb 2018
404AED 525K · Nov 2025
405StudioAED 460K · Apr 2015
407AED 656K · Oct 2025
408StudioAED 374K · Oct 2010
1–7 of 11

406, SP Oasis in numbers

  • Sold 3 times: first on 29 November 2010 for AED 655,700, last on 1 February 2024 for AED 462,000 (AED 654 per sqft).
  • Rented since November 2012 on 6 Ejari contracts, from AED 37,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 11,500 a year (AED 16.31 per sqft).

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 406, SP Oasis

What did unit 406 last sell for?

AED 462,000 on 1 February 2024: AED 654 per sqft for 706 sqft. The unit has 3 registered sales; the first was AED 655,700 in November 2010.

What is the rent for unit 406?

AED 25,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 25,000; the unit has been rented since November 2012.

How big is unit 406?

706 sqft (65.6 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2010.

What is unit 406 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 406, SP Oasis

Starts from the last sale price (AED 462K, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 462,000
Deposit, UAE resident (20%)
AED 92,400
Deposit, non-resident (40%)
AED 184,800
Monthly over 25 years at 3.7%
AED 1,890

Plus AED 22,314 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →