1-bed · 967 sqftAltia Residence, Dubai Silicon Oasis · 5th floor · completed 2016

513, Altia Residence

Sold prices and rental history: sold once, by the developer in September 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 750K23 September 2024
Current rentAED 67K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Altia Residence

What is 513 worth today?

Last sold for AED 750,000 in 2024

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23 Sep 2024Sold by developerReady
AED 750,000AED 775 per sqft
1 Jul 2024RentedNew contract
AED 67,000/yr12 months · AED 69 per sqft
9 May 2023RentedRenewal
AED 44,000/yr12 months · AED 45 per sqft
9 May 2022RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
9 May 2021RentedRenewal
AED 40,000/yr12 months · AED 41 per sqft
9 May 2020RentedRenewal
AED 45,000/yr12 months · AED 46 per sqft
9 May 2019RentedNew contract
AED 53,000/yr12 months · AED 55 per sqft
18 Jan 2018RentedNew contract
AED 68,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
1-bed apartment
Size
967 sqft
Floor
5th of 8
Parking
B-66
Developer
YAS Developerse
Completed
2016
Service charge
AED 10,700 /yr
Last sold
AED 750K · September 2024

About 513, Altia Residence

513 is a one-bedroom apartment of 967 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 23 September 2024 for AED 750,000, or AED 775 per sqft, 4% below the AED 811 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 July 2024, is AED 67,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 10,700 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, September 2024: AED 750,000 (AED 775 per sqft)

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

Rents
Unit 513, 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, January 2018: AED 68,000 a yearNew contract, May 2019: AED 53,000 a yearRenewal, May 2020: AED 45,000 a yearRenewal, May 2021: AED 40,000 a yearNew contract, May 2022: AED 42,000 a yearRenewal, May 2023: AED 44,000 a yearNew contract, July 2024: AED 67,000 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 513 sits

All 65 1-beds →

513 last sold in September 2024 at AED 775 per sqft, 4% below 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. 513's AED 67,000 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
5061-bedAED 625K · Mar 2018
5071-bedAED 845K · Jul 2017
1–7 of 12

513, Altia Residence in numbers

  • Sold once: by YAS Developerse on 23 September 2024 for AED 750,000, or AED 775 per sqft.
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 40,000 in 2021 and recovered to AED 67,000 by July 2024.
  • At AED 67,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 10,700 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 23 September 2024.

Questions about 513, Altia Residence

What did unit 513 last sell for?

AED 750,000 on 23 September 2024, sold by the developer: AED 775 per sqft for 967 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 67,000 a year on the contract signed on 1 July 2024. The previous contract, from May 2023, was AED 44,000; the unit has been rented since January 2018.

How big is unit 513?

967 sqft (89.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2016.

What is unit 513 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 513, Altia Residence

Starts from the last sale price (AED 750K, 23 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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