1-bed · 942 sqftAltia Residence, Dubai Silicon Oasis · 5th floor · completed 2016

506, Altia Residence

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 625K18 March 2018
Current rentAED 69K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Altia Residence

What is 506 worth today?

Last sold for AED 625,000 in 2018

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15 Jul 2026RentedNew contract
AED 69,000/yr12 months · AED 73 per sqft
11 Apr 2025RentedRenewal
AED 69,000/yr12 months · AED 73 per sqft
11 Apr 2025RentedRenewal
AED 69,000/yr12 months · AED 73 per sqft
11 Apr 2024RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
11 Feb 2023RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
11 Feb 2022RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
11 Feb 2020RentedRenewal
AED 49,000/yr12 months · AED 52 per sqft
11 Feb 2019RentedNew contract
AED 57,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
942 sqft
Floor
5th of 8
Parking
B-69
Developer
YAS Developerse
Completed
2016
Service charge
AED 10,500 /yr
Last sold
AED 625K · March 2018

About 506, Altia Residence

506 is a one-bedroom apartment of 942 sqft on the 5th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 18 March 2018 for AED 625,000, or AED 663 per sqft, 9% below the AED 727 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 15 July 2026, is AED 69,000 a year: a gross yield of 11.0% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Altia Residence
600K800K1M2017202020232026Typical sale price by year: 2017 AED 742,755; 2018 AED 625,000; 2021 AED 559,509; 2023 AED 710,000; 2024 AED 780,000; 2025 AED 870,000; 2026 AED 965,000Sold by developer, March 2018: AED 625,000 (AED 663 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Altia Residence
40K60K2016201920222025Typical rent by year: 2016 AED 73,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 52,500; 2020 AED 44,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 48,000; 2024 AED 65,000; 2025 AED 68,000; 2026 AED 67,818New contract, February 2017: AED 65,000 a yearNew contract, February 2019: AED 57,000 a yearRenewal, February 2020: AED 49,000 a yearNew contract, February 2022: AED 43,000 a yearRenewal, February 2023: AED 45,000 a yearNew contract, April 2024: AED 45,000 a yearRenewal, April 2025: AED 69,000 a yearRenewal, April 2025: AED 69,000 a yearNew contract, July 2026: AED 69,000 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 Altia Residence, and where 506 sits

All 65 1-beds →

506 last sold in March 2018 at AED 663 per sqft, 9% below what one-beds in Altia Residence were fetching at the time (AED 727). Over the last 12 months one-beds sold for AED 855,000 to 1,050,000, around AED 1,011 per sqft, and rent for AED 57,960 to 83,000 a year. 506's AED 69,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Aug 2026855,000
11 Aug 2026860,000
29 Jul 2026965,000
7 Jul 20261,050,000
5 1-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 5th floor

All 101 units in Altia Residence
Value
5011-bedAED 625K · Mar 2018
5021-bedAED 625K · Mar 2018
5033-bedAED 1.55M · Feb 2025
5041-bedAED 625K · Mar 2018
5053-bedAED 1.47M · Feb 2017
5071-bedAED 845K · Jul 2017
5081-bedAED 880K · Aug 2024
1–7 of 12

506, Altia Residence in numbers

  • Sold once: by YAS Developerse on 18 March 2018 for AED 625,000, or AED 663 per sqft.
  • Rented since February 2017 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 43,000 in 2022 and recovered to AED 69,000 by July 2026.
  • At AED 69,000 a year the gross yield on the 2018 price is 11.0%, before a service charge of about AED 10,500 a year (AED 11.11 per sqft).
  • One-beds in Altia Residence sold for AED 855,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,011 per sqft.

Source: Dubai Land Department. Updated 15 July 2026.

Questions about 506, Altia Residence

What did unit 506 last sell for?

AED 625,000 on 18 March 2018, sold by the developer: AED 663 per sqft for 942 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 69,000 a year on the contract signed on 15 July 2026. The previous contract, from April 2025, was AED 69,000; the unit has been rented since February 2017.

How big is unit 506?

942 sqft (87.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Altia Residence sold for AED 855,000 to 1,050,000 in the last 12 months, around AED 1,011 per sqft.

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Mortgage on 506, Altia Residence

Starts from the last sale price (AED 625K, 18 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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