3-bed · 1,754 sqftAltia Residence, Dubai Silicon Oasis · 8th floor · completed 2016

807, Altia Residence

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 11 October 2023
Last soldAED 1.45M11 October 2023
Current rentAED 86K /yr30 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Altia Residence

What is 807 worth today?

Last sold for AED 1,450,000 in 2023

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11 Oct 2023Sold by developerReady
AED 1,450,000AED 826 per sqft
30 Aug 2022RentedRenewal
AED 85,800/yr12 months · AED 49 per sqft
30 Aug 2021RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
30 Aug 2020RentedNew contract
AED 83,000/yr12 months · AED 47 per sqft
15 May 2019RentedRenewal
AED 97,000/yr12 months · AED 55 per sqft
15 May 2018RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 11 October 2023.

Key facts

Type
3-bed apartment
Size
1,754 sqft
Floor
8th of 8
Parking
B-60, B-61
Developer
YAS Developerse
Completed
2016
Service charge
AED 19,500 /yr
Last sold
AED 1.45M · October 2023

About 807, Altia Residence

807 is a three-bedroom apartment of 1,754 sqft on the 8th floor of Altia Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by YAS Developerse. The developer sold it on 11 October 2023 for AED 1,450,000, or AED 826 per sqft, in line with the AED 849 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 30 August 2022, is AED 85,800 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 19,500 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical three-bed in Altia Residence
1.4M1.5M2017202020232026Typical sale price by year: 2017 AED 1,470,000; 2023 AED 1,400,000; 2025 AED 1,550,000Sold by developer, October 2023: AED 1,450,000 (AED 826 per sqft)

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

Rents
Unit 807, each contractTypical three-bed in Altia Residence
75K100K125K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 102,635; 2019 AED 95,000; 2020 AED 89,500; 2021 AED 82,000; 2022 AED 84,000; 2023 AED 89,251; 2024 AED 133,000; 2025 AED 130,000; 2026 AED 119,000New contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 97,000 a yearNew contract, August 2020: AED 83,000 a yearRenewal, August 2021: AED 85,000 a yearRenewal, August 2022: AED 85,800 a year

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

3-beds in Altia Residence, and where 807 sits

All 18 3-beds →

807 last sold in October 2023 at AED 826 per sqft, in line with what three-beds in Altia Residence were fetching at the time (AED 849). 807's AED 85,800 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Aug 20251,450,000
21 Aug 20251,600,800
10 Feb 20251,550,000
4 Feb 20251,550,000
0 3-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 8th floor

All 101 units in Altia Residence
Value
8012-bedAED 1.15M · Aug 2024
8023-bedAED 1.4M · Jan 2017
8031-bedAED 225K · Aug 2023
8043-bedAED 1.5M · Feb 2023
8052-bedAED 800K · Dec 2018
8062-bedAED 350K · Aug 2023
8081-bedAED 790K · Oct 2024
1–7 of 9

807, Altia Residence in numbers

  • Sold once: by YAS Developerse on 11 October 2023 for AED 1,450,000, or AED 826 per sqft.
  • Rented since May 2018 on 5 Ejari contracts, from AED 105,000 to AED 85,800 a year.
  • At AED 85,800 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 19,500 a year (AED 11.11 per sqft).

Source: Dubai Land Department. Updated 11 October 2023.

Questions about 807, Altia Residence

What did unit 807 last sell for?

AED 1,450,000 on 11 October 2023, sold by the developer: AED 826 per sqft for 1,754 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 85,800 a year on the contract renewed on 30 August 2022. The previous contract, from August 2021, was AED 85,000; the unit has been rented since May 2018.

How big is unit 807?

1,754 sqft (163.0 sqm): a three-bedroom apartment on the 8th floor of a 8-storey tower completed in 2016.

What is unit 807 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 807, Altia Residence

Starts from the last sale price (AED 1.45M, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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