2-bed · 1,394 sqftAltia Residence, Dubai Silicon Oasis · 6th floor · completed 2016

609, Altia Residence

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 1.28M7 October 2024
Current rentAED 63K /yr20 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Altia Residence

What is 609 worth today?

Last sold for AED 1,275,000 in 2024

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7 Oct 2024Sold by developerReady
AED 1,275,000AED 914 per sqft
20 Mar 2022RentedNew contract
AED 63,000/yr12 months · AED 45 per sqft
20 Mar 2021RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
1 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
1 Dec 2018RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
1 Dec 2017RentedRenewal
AED 93,000/yr12 months · AED 66 per sqft
1 Dec 2016RentedNew contract
AED 98,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
2-bed apartment
Size
1,394 sqft
Floor
6th of 8
Parking
B-19
Developer
YAS Developerse
Completed
2016
Service charge
AED 15,500 /yr
Last sold
AED 1.28M · October 2024

About 609, Altia Residence

609 is a two-bedroom apartment of 1,394 sqft on the 6th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 7 October 2024 for AED 1,275,000, or AED 914 per sqft, 14% above the AED 804 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 20 March 2022, is AED 63,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Altia Residence
1M1.2M1.4M2017202020232026Typical sale price by year: 2017 AED 1,207,000; 2023 AED 1,030,000; 2024 AED 1,125,000; 2025 AED 1,450,000Sold by developer, October 2024: AED 1,275,000 (AED 914 per sqft)

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

Rents
Unit 609, each contractTypical two-bed in Altia Residence
60K80K100K2016201920222025Typical rent by year: 2016 AED 95,000; 2017 AED 94,000; 2018 AED 88,000; 2019 AED 82,000; 2020 AED 64,500; 2021 AED 62,000; 2022 AED 65,000; 2023 AED 69,000; 2024 AED 73,250; 2025 AED 93,500; 2026 AED 93,240New contract, December 2016: AED 98,000 a yearRenewal, December 2017: AED 93,000 a yearRenewal, December 2018: AED 90,000 a yearRenewal, December 2019: AED 80,000 a yearNew contract, March 2021: AED 60,000 a yearNew contract, March 2022: AED 63,000 a year

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

2-beds in Altia Residence, and where 609 sits

All 18 2-beds →

609 last sold in October 2024 at AED 914 per sqft, 14% above what two-beds in Altia Residence were fetching at the time (AED 804). 609's AED 63,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Sep 20251,050,000
22 Aug 20251,450,000
29 May 20251,500,000
18 Oct 20241,285,000
0 2-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 6th floor

All 101 units in Altia Residence
Value
6011-bedAED 687K · Oct 2025
6021-bedAED 695K · Oct 2025
6033-bedAED 1.6M · Jun 2024
6041-bedAED 957K · Jul 2025
6053-bedAED 1.55M · Dec 2024
6061-bedAED 1M · Oct 2025
6071-bedAED 1.05M · Jul 2026
1–7 of 12

609, Altia Residence in numbers

  • Sold once: by YAS Developerse on 7 October 2024 for AED 1,275,000, or AED 914 per sqft.
  • Rented since December 2016 on 6 Ejari contracts, from AED 98,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 15,500 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 7 October 2024.

Questions about 609, Altia Residence

What did unit 609 last sell for?

AED 1,275,000 on 7 October 2024, sold by the developer: AED 914 per sqft for 1,394 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 63,000 a year on the contract signed on 20 March 2022. The previous contract, from March 2021, was AED 60,000; the unit has been rented since December 2016.

How big is unit 609?

1,394 sqft (129.5 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2016.

What is unit 609 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 609, Altia Residence

Starts from the last sale price (AED 1.28M, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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