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Studio · 422 sqftThe Dunes, Dubai Silicon Oasis · 8th floor · completed 2009

803, The Dunes

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 355K30 January 2024
Current rentAED 42K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, The Dunes

What is 803 worth today?

Last sold for AED 355,000 in 2024

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5 Aug 2024RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
30 Jan 2024SoldReady
AED 355,000AED 841 per sqft
22 Nov 2022SoldReady
AED 317,500AED 752 per sqft
6 Mar 2022RentedNew contract
AED 25,000/yr12 months · AED 59 per sqft
25 Oct 2020RentedRenewal
AED 26,000/yr12 months · AED 62 per sqft
25 Oct 2019RentedRenewal
AED 28,000/yr12 months · AED 66 per sqft
25 Oct 2018RentedRenewal
AED 36,000/yr12 months · AED 85 per sqft
25 Oct 2017RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
8th of 8
Parking
B1/207
Developer
Maximus Property I
Completed
2009
Service charge
AED 5,500 /yr
Last sold
AED 355K · January 2024
Building
The Dunes

About 803, The Dunes

803 is a studio of 422 sqft on the 8th floor of The Dunes, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Maximus Property I. It last sold on 30 January 2024 for AED 355,000, or AED 841 per sqft, 6% above the AED 794 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 5 August 2024, is AED 42,000 a year: a gross yield of 11.8% on the 2024 price, before the service charge of about AED 5,500 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical studio in The Dunes
300K400K2010201420182022Typical sale price by year: 2010 AED 291,890; 2011 AED 350,841; 2012 AED 242,500; 2013 AED 343,620; 2014 AED 343,122; 2015 AED 336,000; 2024 AED 405,000Sold by developer, November 2012: AED 368,520 (AED 873 per sqft)Sold, November 2022: AED 317,500 (AED 752 per sqft)Sold, January 2024: AED 355,000 (AED 841 per sqft)

803 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 803, each contractTypical studio in The Dunes
20K40K2013201720212025Typical rent by year: 2013 AED 30,000; 2014 AED 38,000; 2015 AED 45,000; 2016 AED 42,000; 2017 AED 38,000; 2018 AED 33,955; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 20,000; 2022 AED 24,250; 2023 AED 30,000; 2024 AED 31,674; 2025 AED 33,220; 2026 AED 39,000New contract, June 2013: AED 25,500 a yearRenewal, June 2014: AED 25,500 a yearNew contract, October 2017: AED 40,000 a yearRenewal, October 2018: AED 36,000 a yearRenewal, October 2019: AED 28,000 a yearRenewal, October 2020: AED 26,000 a yearNew contract, March 2022: AED 25,000 a yearNew contract, August 2024: AED 42,000 a year

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

Studios in The Dunes, and where 803 sits

All 28 studios →

803 last sold in January 2024 at AED 841 per sqft, 6% above what studios in The Dunes were fetching at the time (AED 794). 803's AED 42,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Nov 2024410,000
23 May 2024405,000
15 Sep 2023330,000
18 May 2023315,000
0 studio 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 8th floor

All 188 units in The Dunes
Value
8011-bedAED 485K · Nov 2009
8021-bedAED 320K · Mar 2012
804StudioAED 260K · Oct 2010
8051-bedAED 600K · Jul 2024
8061-bedAED 420K · Dec 2022
8071-bedAED 490K · May 2023
808StudioAED 430K · Jul 2016
1–7 of 17

803, The Dunes in numbers

  • Sold 3 times: first on 11 November 2012 for AED 368,520, last on 30 January 2024 for AED 355,000 (AED 841 per sqft).
  • Rented since June 2013 on 8 Ejari contracts, from AED 25,500 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 11.8%, before a service charge of about AED 5,500 a year (AED 13.15 per sqft).

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 803, The Dunes

What did unit 803 last sell for?

AED 355,000 on 30 January 2024: AED 841 per sqft for 422 sqft. The unit has 3 registered sales; the first was AED 368,520 in November 2012.

What is the rent for unit 803?

AED 42,000 a year on the contract signed on 5 August 2024. The previous contract, from March 2022, was AED 25,000; the unit has been rented since June 2013.

How big is unit 803?

422 sqft (39.2 sqm): a studio on the 8th floor of a 8-storey tower completed in 2009.

What is unit 803 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 803, The Dunes

Starts from the last sale price (AED 355K, 30 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

Plus AED 17,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →