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1-bed · 789 sqftThe Dunes, Dubai Silicon Oasis · 4th floor · completed 2009

406, The Dunes

Sold prices and rental history: sold twice, last in May 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 630K12 May 2016
Current rentAED 23K /yr29 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, The Dunes

What is 406 worth today?

Last sold for AED 630,000 in 2016

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29 Jul 2024RentedNew contract
AED 22,500/yr24 months · AED 29 per sqft
1 Aug 2022RentedNew contract
AED 21,600/yr24 months · AED 27 per sqft
28 Jul 2022RentedNew contract
AED 21,600/yr24 months · AED 27 per sqft
18 Aug 2021RentedRenewal
AED 31,000/yr6 months · AED 39 per sqft
18 Aug 2020RentedNew contract
AED 31,000/yr12 months · AED 39 per sqft
18 Feb 2020RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
18 Feb 2019RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
1 Nov 2017RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
4th of 8
Parking
B1/116
Developer
Maximus Property I
Completed
2009
Service charge
AED 10,400 /yr
Last sold
AED 630K · May 2016
Building
The Dunes

About 406, The Dunes

406 is a one-bedroom apartment of 789 sqft on the 4th floor of The Dunes, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Maximus Property I. It last sold on 12 May 2016 for AED 630,000, or AED 798 per sqft, in line with the AED 784 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 29 July 2024, is AED 22,500 a year: a gross yield of 3.6% on the 2016 price, before the service charge of about AED 10,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in The Dunes
400K600K2009201420192024Typical sale price by year: 2009 AED 625,650; 2010 AED 546,000; 2011 AED 425,000; 2012 AED 485,000; 2013 AED 636,500; 2014 AED 625,000; 2015 AED 660,000; 2016 AED 600,000; 2017 AED 547,500; 2019 AED 390,000; 2021 AED 352,500; 2022 AED 415,000; 2023 AED 475,000; 2024 AED 591,057; 2025 AED 615,000; 2026 AED 665,000Sold by developer, February 2014: AED 428,000 (AED 542 per sqft)Sold, May 2016: AED 630,000 (AED 798 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in The Dunes
20K40K60K2012201620202024Typical rent by year: 2012 AED 35,547; 2013 AED 39,950; 2014 AED 48,000; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 36,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,000; 2024 AED 44,100; 2025 AED 50,000; 2026 AED 58,000New contract, September 2013: AED 50,000 a yearNew contract, September 2014: AED 50,000 a yearNew contract, September 2014: AED 50,000 a yearNew contract, November 2017: AED 36,000 a yearNew contract, February 2019: AED 38,000 a yearRenewal, February 2020: AED 35,000 a yearNew contract, August 2020: AED 31,000 a yearRenewal, August 2021: AED 31,000 a yearNew contract, July 2022: AED 21,600 a yearNew contract, August 2022: AED 21,600 a yearNew contract, July 2024: AED 22,500 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 The Dunes, and where 406 sits

All 134 1-beds →

406 last sold in May 2016 at AED 798 per sqft, in line with what one-beds in The Dunes were fetching at the time (AED 784). Over the last 12 months one-beds sold for AED 650,000 to 670,000, around AED 826 per sqft, and rent for AED 41,952 to 67,000 a year. 406's AED 22,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 2026665,000
28 Jan 2026660,000
27 Jan 2026670,000
29 Jul 2025600,000
4 1-bed sales in the last 12 months

The Dunes

Building

188 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Maximus Property I. 6 sold in the last 12 months.

Typical price per sqft
AED 794
Typical sale
AED 668K
Typical rent
AED 56K /yr
Typical yield
9.1%
The Dunes, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 4th floor

All 188 units in The Dunes
Value
4011-bedAED 625K · Nov 2014
4021-bedAED 440K · Apr 2023
4031-bedAED 625K · Dec 2014
4041-bedAED 703K · Apr 2013
4051-bedAED 620K · Jun 2025
4071-bedAED 485K · Apr 2012
4081-bedAED 485K · Apr 2012
1–7 of 21

406, The Dunes in numbers

  • Sold twice: first on 4 February 2014 for AED 428,000, last on 12 May 2016 for AED 630,000 (AED 798 per sqft).
  • Rented since September 2013 on 11 Ejari contracts, from AED 50,000 to AED 22,500 a year.
  • At AED 22,500 a year the gross yield on the 2016 price is 3.6%, before a service charge of about AED 10,400 a year (AED 13.15 per sqft).
  • One-beds in The Dunes sold for AED 650,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 794 per sqft.

Source: Dubai Land Department. Updated 29 July 2024.

Questions about 406, The Dunes

What did unit 406 last sell for?

AED 630,000 on 12 May 2016: AED 798 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 428,000 in February 2014.

What is the rent for unit 406?

AED 22,500 a year on the contract signed on 29 July 2024. The previous contract, from August 2022, was AED 21,600; the unit has been rented since September 2013.

How big is unit 406?

789 sqft (73.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Dunes sold for AED 650,000 to 670,000 in the last 12 months, around AED 826 per sqft.

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Mortgage on 406, The Dunes

Starts from the last sale price (AED 630K, 12 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

Plus AED 31,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →