3-bed · 1,629 sqftAltia Residence, Dubai Silicon Oasis · 4th floor · completed 2016

403, Altia Residence

Sold prices and rental history: sold once, by the developer in April 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 7 April 2023
Last soldAED 663K7 April 2023
Current rentAED 79K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Altia Residence

What is 403 worth today?

Last sold for AED 662,500 in 2023

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7 Apr 2023Sold by developerReady
AED 662,500AED 406 per sqft
1 Feb 2022RentedRenewal
AED 79,000/yr12 months · AED 48 per sqft
1 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
5 Feb 2020RentedNew contract
AED 96,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 7 April 2023.

Key facts

Type
3-bed apartment
Size
1,629 sqft
Floor
4th of 8
Parking
G-17, G-18
Developer
YAS Developerse
Completed
2016
Service charge
AED 18,100 /yr
Last sold
AED 663K · April 2023

About 403, Altia Residence

403 is a three-bedroom apartment of 1,629 sqft on the 4th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 7 April 2023 for AED 662,500, or AED 406 per sqft, 52% below the AED 849 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 79,000 a year: a gross yield of 11.9% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in Altia Residence
1M1.5M2017202020232026Typical sale price by year: 2017 AED 1,470,000; 2023 AED 1,400,000; 2025 AED 1,550,000Sold by developer, April 2023: AED 662,500 (AED 406 per sqft)

403 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 403, each contractTypical three-bed in Altia Residence
75K100K125K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 102,635; 2019 AED 95,000; 2020 AED 89,500; 2021 AED 82,000; 2022 AED 84,000; 2023 AED 89,251; 2024 AED 133,000; 2025 AED 130,000; 2026 AED 119,000New contract, February 2020: AED 96,000 a yearNew contract, February 2021: AED 80,000 a yearRenewal, February 2022: AED 79,000 a year

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

3-beds in Altia Residence, and where 403 sits

All 18 3-beds →

403 last sold in April 2023 at AED 406 per sqft, 52% below what three-beds in Altia Residence were fetching at the time (AED 849). 403's AED 79,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Aug 20251,450,000
21 Aug 20251,600,800
10 Feb 20251,550,000
4 Feb 20251,550,000
0 3-bed sales in the last 12 months

Altia Residence

Building

101 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2016 by YAS Developerse. 5 sold in the last 12 months.

Typical price per sqft
AED 1,011
Typical sale
AED 965K
Typical rent
AED 70K /yr
Typical yield
7.2%
Altia Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 4th floor

All 101 units in Altia Residence
Value
4011-bedAED 818K · Feb 2017
4021-bedAED 740K · May 2024
4041-bedAED 680K · Mar 2017
4053-bedAED 1.35M · Feb 2023
4061-bedAED 980K · Apr 2026
4071-bedAED 740K · Feb 2024
4081-bedAED 680K · Mar 2017
1–7 of 12

403, Altia Residence in numbers

  • Sold once: by YAS Developerse on 7 April 2023 for AED 662,500, or AED 406 per sqft.
  • Rented since February 2020 on 3 Ejari contracts, from AED 96,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2023 price is 11.9%, before a service charge of about AED 18,100 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 7 April 2023.

Questions about 403, Altia Residence

What did unit 403 last sell for?

AED 662,500 on 7 April 2023, sold by the developer: AED 406 per sqft for 1,629 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 79,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 80,000; the unit has been rented since February 2020.

How big is unit 403?

1,629 sqft (151.3 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2016.

What is unit 403 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 403, Altia Residence

Starts from the last sale price (AED 663K, 7 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 662,500
Deposit, UAE resident (20%)
AED 132,500
Deposit, non-resident (40%)
AED 265,000
Monthly over 25 years at 3.7%
AED 2,710

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