3-bed · 1,575 sqftAltia Residence, Dubai Silicon Oasis · 4th floor · completed 2016

405, Altia Residence

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 14 February 2023
Last soldAED 1.35M14 February 2023
Current rentAED 84K /yr14 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Altia Residence

What is 405 worth today?

Last sold for AED 1,350,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Feb 2023SoldReady
AED 1,350,000AED 857 per sqft
14 Feb 2023RentedNew contract
AED 83,987/yr12 months · AED 53 per sqft
11 Feb 2023RentedRenewal
AED 84,000/yr12 months · AED 53 per sqft
11 Feb 2022RentedNew contract
AED 81,000/yr12 months · AED 51 per sqft
10 Feb 2021RentedNew contract
AED 76,000/yr12 months · AED 48 per sqft
15 May 2020RentedNew contract
AED 78,000/yr12 months · AED 50 per sqft
19 Jun 2018Sold by developerReady
AED 1,155,000AED 733 per sqft

Source: Dubai Land Department. Updated 14 February 2023.

Key facts

Type
3-bed apartment
Size
1,575 sqft
Floor
4th of 8
Parking
G-33, G-34
Developer
YAS Developerse
Completed
2016
Service charge
AED 17,500 /yr
Last sold
AED 1.35M · February 2023

About 405, Altia Residence

405 is a three-bedroom apartment of 1,575 sqft on the 4th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. It last sold on 14 February 2023 for AED 1,350,000, or AED 857 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 14 February 2023, is AED 83,987 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 17,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical three-bed in Altia Residence
1.2M1.4M1.6M2017202020232026Typical sale price by year: 2017 AED 1,470,000; 2023 AED 1,400,000; 2025 AED 1,550,000Sold by developer, June 2018: AED 1,155,000 (AED 733 per sqft)Sold, February 2023: AED 1,350,000 (AED 857 per sqft)

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

Rents
Unit 405, each contractTypical three-bed in Altia Residence
100K2017202020232026Typical 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, May 2020: AED 78,000 a yearNew contract, February 2021: AED 76,000 a yearNew contract, February 2022: AED 81,000 a yearNew contract, February 2023: AED 83,987 a yearRenewal, February 2023: AED 84,000 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 405 sits

All 18 3-beds →

405's AED 83,987 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
4033-bedAED 663K · Apr 2023
4041-bedAED 680K · Mar 2017
4061-bedAED 980K · Apr 2026
4071-bedAED 740K · Feb 2024
4081-bedAED 680K · Mar 2017
1–7 of 12

405, Altia Residence in numbers

  • Sold twice: first on 19 June 2018 for AED 1,155,000, last on 14 February 2023 for AED 1,350,000 (AED 857 per sqft).
  • Rented since May 2020 on 5 Ejari contracts, from AED 78,000 to AED 83,987 a year.
  • At AED 83,987 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 17,500 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 14 February 2023.

Questions about 405, Altia Residence

What did unit 405 last sell for?

AED 1,350,000 on 14 February 2023: AED 857 per sqft for 1,575 sqft. The unit has 2 registered sales; the first was AED 1,155,000 in June 2018.

What is the rent for unit 405?

AED 83,987 a year on the contract signed on 14 February 2023. The previous contract, from February 2023, was AED 84,000; the unit has been rented since May 2020.

How big is unit 405?

1,575 sqft (146.3 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2016.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Altia Residence

Starts from the last sale price (AED 1.35M, 14 February 2023). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →