508, Altia Residence
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Altia Residence
What is 508 worth today?
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Source: Dubai Land Department. Updated 30 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 968 sqft
- Floor
- 5th of 8
- Parking
- B-67
- Developer
- YAS Developerse
- Completed
- 2016
- Service charge
- AED 10,800 /yr
- Last sold
- AED 880K · August 2024
- Building
- Altia Residence
About 508, Altia Residence
508 is a one-bedroom apartment of 968 sqft on the 5th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. It last sold on 30 August 2024 for AED 880,000, or AED 908 per sqft, 12% above the AED 811 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 21 October 2022, is AED 43,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 10,800 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 65 1-beds →508 last sold in August 2024 at AED 908 per sqft, 12% above what one-beds in Altia Residence were fetching at the time (AED 811). 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. 508's AED 43,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Aug 202620 August 2026 | 858 sqft | 855,000 | 996 | ||
| 11 Aug 202611 August 2026 | 954 sqft | 860,000 | 901 | ||
| 29 Jul 202629 July 2026 | 954 sqft | 965,000 | 1,011 | ||
| 7 Jul 20267 July 2026 | 923 sqft | 1,050,000 | 1,137 |
Altia Residence
Building101 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%
Other units on the 5th floor
All 101 units in Altia Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 954 sqft | AED 625KAED 625,000 · Mar 2018March 2018 | 70,000 /yr | |
| 502 | 1-bed | 969 sqft | AED 625KAED 625,000 · Mar 2018March 2018 | 68,000 /yr | |
| 503 | 3-bed | 1,629 sqft | AED 1.55MAED 1,550,000 · Feb 2025February 2025 | 80,000 /yr | |
| 504 | 1-bed | 963 sqft | AED 625KAED 625,000 · Mar 2018March 2018 | 69,500 /yr | |
| 505 | 3-bed | 1,575 sqft | AED 1.47MAED 1,470,000 · Feb 2017February 2017 | 115,000 /yr | |
| 506 | 1-bed | 942 sqft | AED 625KAED 625,000 · Mar 2018March 2018 | 69,000 /yr | |
| 507 | 1-bed | 923 sqft | AED 845KAED 845,000 · Jul 2017July 2017 | ||
| 509 | 2-bed | 1,394 sqft | AED 1.29MAED 1,290,000 · Mar 2017March 2017 | 115,000 /yr | |
| 510 | 1-bed | 859 sqft | AED 775KAED 775,000 · Jul 2017July 2017 | 60,900 /yr | |
| 511 | 1-bed | 858 sqft | AED 855KAED 855,000 · Jul 2025July 2025 | 65,000 /yr | |
| 512 | 2-bed | 1,313 sqft | AED 1.21MAED 1,207,000 · May 2017May 2017 | 82,500 /yr | |
| 513 | 1-bed | 967 sqft | AED 750KAED 750,000 · Sep 2024September 2024 | 67,000 /yr |
508, Altia Residence in numbers
- Sold twice: first on 11 May 2017 for AED 888,200, last on 30 August 2024 for AED 880,000 (AED 908 per sqft).
- Rented since December 2019 on 4 Ejari contracts, from AED 50,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 10,800 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 30 August 2024.
Questions about 508, Altia Residence
What did unit 508 last sell for?
AED 880,000 on 30 August 2024: AED 908 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 888,200 in May 2017.
What is the rent for unit 508?
AED 43,000 a year on the contract renewed on 21 October 2022. The previous contract, from October 2021, was AED 43,000; the unit has been rented since December 2019.
How big is unit 508?
968 sqft (89.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.
What is unit 508 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 508, Altia Residence
Starts from the last sale price (AED 880K, 30 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →