2-bed · 1,465 sqftSP Oasis, Dubai Silicon Oasis · 5th floor · completed 2010

504, SP Oasis

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

Unit 504 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 1.35M21 October 2024
Current rentAED 70K /yr4 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, SP Oasis

What is 504 worth today?

Last sold for AED 1,350,000 in 2024

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4 Dec 2024RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
21 Oct 2024SoldReady
AED 1,350,000AED 921 per sqft
1 Jan 2024RentedRenewal
AED 75,000/yr12 months · AED 51 per sqft
1 Jan 2023RentedRenewal
AED 64,680/yr12 months · AED 44 per sqft
1 Oct 2019RentedNew contract
AED 87,000/yr12 months · AED 59 per sqft
2 Sep 2017RentedRenewal
AED 106,000/yr12 months · AED 72 per sqft
2 Sep 2016RentedNew contract
AED 106,000/yr12 months · AED 72 per sqft
11 May 2016SoldReady
AED 1,300,000AED 887 per sqft

Source: Dubai Land Department. Updated 4 December 2024.

Key facts

Type
2-bed apartment
Size
1,465 sqft
Floor
5th of 7
Parking
(B-41)
Developer
S.P. Oasis
Completed
2010
Service charge
AED 23,900 /yr
Last sold
AED 1.35M · October 2024
Building
SP Oasis

About 504, SP Oasis

504 is a two-bedroom apartment of 1,465 sqft on the 5th floor of SP Oasis, a 7-storey tower in Dubai Silicon Oasis completed in 2010 by S.P. Oasis. It last sold on 21 October 2024 for AED 1,350,000, or AED 921 per sqft.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 4 December 2024, is AED 70,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 23,900 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in SP Oasis
1.2M1.3M1.4M2011201520192023Typical sale price by year: 2011 AED 1,180,000; 2013 AED 1,264,200Sold by developer, January 2011: AED 1,377,600 (AED 940 per sqft)Sold, May 2016: AED 1,300,000 (AED 887 per sqft)Sold, October 2024: AED 1,350,000 (AED 921 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in SP Oasis
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 95,000; 2015 AED 95,000; 2016 AED 100,000; 2017 AED 97,500; 2018 AED 87,000; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 64,000; 2022 AED 62,500; 2023 AED 70,000; 2024 AED 75,000New contract, September 2012: AED 70,000 a yearNew contract, September 2013: AED 85,000 a yearNew contract, September 2014: AED 95,000 a yearNew contract, September 2015: AED 95,000 a yearNew contract, September 2016: AED 106,000 a yearRenewal, September 2017: AED 106,000 a yearNew contract, October 2019: AED 87,000 a yearRenewal, January 2023: AED 64,680 a yearRenewal, January 2024: AED 75,000 a yearNew contract, December 2024: AED 70,000 a year

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

2-beds in SP Oasis, and where 504 sits

All 14 2-beds →

Over the last 12 months two-beds sold for AED 1,425,000, around AED 972 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jan 20261,425,000
20 Mar 20251,170,000
15 Jul 20241,350,000
19 Oct 20231,000,000
1 2-bed sale 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 5th floor

All 68 units in SP Oasis
Value
5012-bedAED 1.14M · Nov 2010
5022-bedAED 1.15M · Jun 2011
5032-bedAED 1.43M · Jan 2026
5052-bedAED 1.16M · Jan 2012
5062-bedAED 1.17M · Mar 2025

504, SP Oasis in numbers

  • Sold 3 times: first on 20 January 2011 for AED 1,377,600, last on 21 October 2024 for AED 1,350,000 (AED 921 per sqft).
  • Rented since September 2012 on 10 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 23,900 a year (AED 16.31 per sqft).
  • Two-beds in SP Oasis sold for AED 1,425,000–1,425,000 in the 12 months to November 2026; the building's median across all types is AED 972 per sqft.

Source: Dubai Land Department. Updated 4 December 2024.

Questions about 504, SP Oasis

What did unit 504 last sell for?

AED 1,350,000 on 21 October 2024: AED 921 per sqft for 1,465 sqft. The unit has 3 registered sales; the first was AED 1,377,600 in January 2011.

What is the rent for unit 504?

AED 70,000 a year on the contract signed on 4 December 2024. The previous contract, from January 2024, was AED 75,000; the unit has been rented since September 2012.

How big is unit 504?

1,465 sqft (136.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2010.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in SP Oasis sold for AED 1,425,000 to 1,425,000 in the last 12 months, around AED 972 per sqft.

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Mortgage on 504, SP Oasis

Starts from the last sale price (AED 1.35M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →