1-bed · 969 sqftAltia Residence, Dubai Silicon Oasis · 7th floor · completed 2016

702, Altia Residence

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 19 July 2023
Last soldAED 720K19 July 2023
Current rentAED 44K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Altia Residence

What is 702 worth today?

Last sold for AED 720,000 in 2023

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19 Jul 2023Sold by developerReady
AED 720,000AED 743 per sqft
20 Aug 2022RentedNew contract
AED 44,000/yr12 months · AED 45 per sqft
15 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
1 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
26 Nov 2017RentedNew contract
AED 71,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 19 July 2023.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
7th of 8
Parking
B-28
Developer
YAS Developerse
Completed
2016
Service charge
AED 10,800 /yr
Last sold
AED 720K · July 2023

About 702, Altia Residence

702 is a one-bedroom apartment of 969 sqft on the 7th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 19 July 2023 for AED 720,000, or AED 743 per sqft, in line with the AED 733 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 20 August 2022, is AED 44,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 10,800 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, July 2023: AED 720,000 (AED 743 per sqft)

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

Rents
Unit 702, 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, November 2017: AED 71,000 a yearNew contract, February 2019: AED 60,000 a yearNew contract, June 2021: AED 40,000 a yearNew contract, August 2022: AED 44,000 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 702 sits

All 65 1-beds →

702 last sold in July 2023 at AED 743 per sqft, in line with what one-beds in Altia Residence were fetching at the time (AED 733). 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. 702's AED 44,000 is at the bottom 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 7th floor

All 101 units in Altia Residence
Value
7011-bedAED 965K · Jul 2026
7033-bedAED 1.4M · Sep 2023
7041-bedAED 800K · May 2025
7053-bedAED 1.08M · Dec 2021
7061-bedAED 600K · Jun 2021
7071-bedAED 750K · Apr 2024
7081-bedAED 740K · Jun 2024
1–7 of 12

702, Altia Residence in numbers

  • Sold once: by YAS Developerse on 19 July 2023 for AED 720,000, or AED 743 per sqft.
  • Rented since November 2017 on 4 Ejari contracts, from AED 71,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 6.1%, 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 19 July 2023.

Questions about 702, Altia Residence

What did unit 702 last sell for?

AED 720,000 on 19 July 2023, sold by the developer: AED 743 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 44,000 a year on the contract signed on 20 August 2022. The previous contract, from June 2021, was AED 40,000; the unit has been rented since November 2017.

How big is unit 702?

969 sqft (90.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit 702 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 702, Altia Residence

Starts from the last sale price (AED 720K, 19 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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