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Studio · 399 sqftSP Oasis, Dubai Silicon Oasis · 4th floor · completed 2010

408, SP Oasis

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 374K27 October 2010
Current rentAED 31K /yr26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, SP Oasis

What is 408 worth today?

Last sold for AED 373,600 in 2010

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26 Jun 2024RentedRenewal
AED 30,613/yr12 months · AED 77 per sqft
26 Jun 2023RentedRenewal
AED 27,830/yr12 months · AED 70 per sqft
26 Dec 2022RentedRenewal
AED 25,300/yr6 months · AED 63 per sqft
26 Jun 2022RentedRenewal
AED 25,300/yr6 months · AED 63 per sqft
26 Dec 2021RentedRenewal
AED 25,300/yr6 months · AED 63 per sqft
5 Nov 2018RentedNew contract
AED 33,000/yr12 months · AED 83 per sqft
15 Oct 2017RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
4 Aug 2016RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
4th of 7
Parking
(B-76)
Developer
S.P. Oasis
Completed
2010
Service charge
AED 6,500 /yr
Last sold
AED 374K · October 2010
Building
SP Oasis

About 408, SP Oasis

408 is a studio of 399 sqft on the 4th floor of SP Oasis, a 7-storey tower in Dubai Silicon Oasis completed in 2010 by S.P. Oasis. The developer sold it on 27 October 2010 for AED 373,600, or AED 936 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 26 June 2024, is AED 30,613 a year: a gross yield of 8.2% on the 2010 price, before the service charge of about AED 6,500 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in SP Oasis
350K375K400K201020112012Typical sale price by year: 2010 AED 345,220; 2011 AED 398,925Sold by developer, October 2010: AED 373,600 (AED 936 per sqft)

408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in SP Oasis
30K40K2013201720212025Typical rent by year: 2013 AED 29,500; 2014 AED 31,350; 2015 AED 38,500; 2016 AED 44,000; 2017 AED 42,000; 2018 AED 38,000; 2019 AED 32,500; 2020 AED 28,500; 2021 AED 24,250; 2022 AED 26,000; 2023 AED 29,000; 2024 AED 32,000; 2025 AED 35,000New contract, November 2014: AED 33,600 a yearNew contract, August 2015: AED 45,000 a yearRenewal, August 2016: AED 45,000 a yearNew contract, October 2017: AED 40,000 a yearNew contract, November 2018: AED 33,000 a yearRenewal, December 2021: AED 25,300 a yearRenewal, June 2022: AED 25,300 a yearRenewal, December 2022: AED 25,300 a yearRenewal, June 2023: AED 27,830 a yearRenewal, June 2024: AED 30,613 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in SP Oasis, and where 408 sits

All 19 studios →
Recent studio salesUnit no.Price (AED)Summary
20 Mar 2025400,000
3 May 2024340,000
6 Oct 2022290,000
3 Apr 2016450,000
0 studio 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
4061-bedAED 462K · Feb 2024
407AED 656K · Oct 2025
1–7 of 11

408, SP Oasis in numbers

  • Sold once: by S.P. Oasis on 27 October 2010 for AED 373,600, or AED 936 per sqft.
  • Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 33,600 to AED 25,300 in 2022 and recovered to AED 30,613 by June 2024.
  • At AED 30,613 a year the gross yield on the 2010 price is 8.2%, before a service charge of about AED 6,500 a year (AED 16.31 per sqft).

Source: Dubai Land Department. Updated 26 June 2024.

Questions about 408, SP Oasis

What did unit 408 last sell for?

AED 373,600 on 27 October 2010, sold by the developer: AED 936 per sqft for 399 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 30,613 a year on the contract renewed on 26 June 2024. The previous contract, from June 2023, was AED 27,830; the unit has been rented since November 2014.

How big is unit 408?

399 sqft (37.1 sqm): a studio on the 4th floor of a 7-storey tower completed in 2010.

What is unit 408 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 408, SP Oasis

Starts from the last sale price (AED 374K, 27 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 373,600
Deposit, UAE resident (20%)
AED 74,720
Deposit, non-resident (40%)
AED 149,440
Monthly over 25 years at 3.7%
AED 1,529

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