1-bed · 968 sqftAltia Residence, Dubai Silicon Oasis · 7th floor · completed 2016

708, Altia Residence

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

Unit 708 · DLD and Ejari recordsUpdated 9 June 2024
Last soldAED 740K9 June 2024
Current rentAED 43K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Altia Residence

What is 708 worth today?

Last sold for AED 740,000 in 2024

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9 Jun 2024Sold by developerReady
AED 740,000AED 764 per sqft
15 Oct 2022RentedNew contract
AED 43,000/yr12 months · AED 44 per sqft
15 Oct 2021RentedNew contract
AED 41,000/yr12 months · AED 42 per sqft
5 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 44 per sqft
5 Aug 2019RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
15 Jul 2018RentedNew contract
AED 65,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 9 June 2024.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
7th of 8
Parking
B-36
Developer
YAS Developerse
Completed
2016
Service charge
AED 10,800 /yr
Last sold
AED 740K · June 2024

About 708, Altia Residence

708 is a one-bedroom apartment of 968 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 9 June 2024 for AED 740,000, or AED 764 per sqft, in line with the AED 786 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 October 2022, is AED 43,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 10,800 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, June 2024: AED 740,000 (AED 764 per sqft)

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

Rents
Unit 708, 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, July 2018: AED 65,000 a yearNew contract, August 2019: AED 50,000 a yearNew contract, September 2020: AED 43,000 a yearNew contract, October 2021: AED 41,000 a yearNew contract, October 2022: AED 43,000 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 708 sits

All 65 1-beds →

708 last sold in June 2024 at AED 764 per sqft, in line with what one-beds in Altia Residence were fetching at the time (AED 786). 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. 708's AED 43,000 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
7021-bedAED 720K · Jul 2023
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
1–7 of 12

708, Altia Residence in numbers

  • Sold once: by YAS Developerse on 9 June 2024 for AED 740,000, or AED 764 per sqft.
  • Rented since July 2018 on 5 Ejari contracts, from AED 65,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 5.8%, 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 9 June 2024.

Questions about 708, Altia Residence

What did unit 708 last sell for?

AED 740,000 on 9 June 2024, sold by the developer: AED 764 per sqft for 968 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 43,000 a year on the contract signed on 15 October 2022. The previous contract, from October 2021, was AED 41,000; the unit has been rented since July 2018.

How big is unit 708?

968 sqft (89.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit 708 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 708, Altia Residence

Starts from the last sale price (AED 740K, 9 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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