2-bed · 1,313 sqftAltia Residence, Dubai Silicon Oasis · 6th floor · completed 2016

612, 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 612 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 1.29M18 October 2024
Current rentAED 70K /yr7 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Altia Residence

What is 612 worth today?

Last sold for AED 1,285,000 in 2024

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18 Oct 2024Sold by developerReady
AED 1,285,000AED 978 per sqft
7 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft
5 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
10 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 47 per sqft
25 Oct 2017RentedNew contract
AED 88,000/yr12 months · AED 67 per sqft
25 Nov 2016RentedNew contract
AED 95,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
2-bed apartment
Size
1,313 sqft
Floor
6th of 8
Parking
B-20 G-54
Developer
YAS Developerse
Completed
2016
Service charge
AED 14,600 /yr
Last sold
AED 1.29M · October 2024

About 612, Altia Residence

612 is a two-bedroom apartment of 1,313 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 18 October 2024 for AED 1,285,000, or AED 978 per sqft, 22% above the AED 804 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 7 January 2023, is AED 70,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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 1,285,000 (AED 978 per sqft)

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

Rents
Unit 612, 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, November 2016: AED 95,000 a yearNew contract, October 2017: AED 88,000 a yearNew contract, December 2020: AED 62,000 a yearNew contract, January 2022: AED 65,000 a yearNew contract, January 2023: AED 70,000 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 612 sits

All 18 2-beds →

612 last sold in October 2024 at AED 978 per sqft, 22% above what two-beds in Altia Residence were fetching at the time (AED 804). 612's AED 70,000 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
7 Oct 20241,275,000
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

612, Altia Residence in numbers

  • Sold once: by YAS Developerse on 18 October 2024 for AED 1,285,000, or AED 978 per sqft.
  • Rented since November 2016 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2020 and recovered to AED 70,000 by January 2023.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 14,600 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 18 October 2024.

Questions about 612, Altia Residence

What did unit 612 last sell for?

AED 1,285,000 on 18 October 2024, sold by the developer: AED 978 per sqft for 1,313 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 70,000 a year on the contract signed on 7 January 2023. The previous contract, from January 2022, was AED 65,000; the unit has been rented since November 2016.

How big is unit 612?

1,313 sqft (122.0 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2016.

What is unit 612 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 612, Altia Residence

Starts from the last sale price (AED 1.29M, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,000
Deposit, UAE resident (20%)
AED 257,000
Deposit, non-resident (40%)
AED 514,000
Monthly over 25 years at 3.7%
AED 5,257

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