1-bed · 975 sqftAltia Residence, Dubai Silicon Oasis · 8th floor · completed 2016

808, Altia Residence

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 790K23 October 2024
Current rentAED 55K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Altia Residence

What is 808 worth today?

Last sold for AED 790,000 in 2024

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23 Oct 2024Sold by developerReady
AED 790,000AED 810 per sqft
1 Jan 2024RentedRenewal
AED 55,307/yr7 months · AED 57 per sqft
1 Jan 2023RentedNew contract
AED 50,000/yr12 months · AED 51 per sqft
1 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 44 per sqft
1 Feb 2019RentedRenewal
AED 63,000/yr12 months · AED 64 per sqft
1 Feb 2018RentedRenewal
AED 68,000/yr12 months · AED 69 per sqft
1 Feb 2017RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
1-bed apartment
Size
975 sqft
Floor
8th of 8
Parking
B-46
Developer
YAS Developerse
Completed
2016
Service charge
AED 10,800 /yr
Last sold
AED 790K · October 2024

About 808, Altia Residence

808 is a one-bedroom apartment of 975 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 23 October 2024 for AED 790,000, or AED 810 per sqft, in line with the AED 812 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 55,307 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 10,800 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, October 2024: AED 790,000 (AED 810 per sqft)

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

Rents
Unit 808, 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, February 2017: AED 70,000 a yearRenewal, February 2018: AED 68,000 a yearRenewal, February 2019: AED 63,000 a yearNew contract, September 2020: AED 43,000 a yearNew contract, January 2023: AED 50,000 a yearRenewal, January 2024: AED 55,307 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 808 sits

All 65 1-beds →

808 last sold in October 2024 at AED 810 per sqft, in line with what one-beds in Altia Residence were fetching at the time (AED 812). 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. 808's AED 55,307 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 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
8073-bedAED 1.45M · Oct 2023
1–7 of 9

808, Altia Residence in numbers

  • Sold once: by YAS Developerse on 23 October 2024 for AED 790,000, or AED 810 per sqft.
  • Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2020 and recovered to AED 55,307 by January 2024.
  • At AED 55,307 a year the gross yield on the 2024 price is 7.0%, 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 23 October 2024.

Questions about 808, Altia Residence

What did unit 808 last sell for?

AED 790,000 on 23 October 2024, sold by the developer: AED 810 per sqft for 975 sqft. It is the only registered sale of the unit.

What is the rent for unit 808?

AED 55,307 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 50,000; the unit has been rented since February 2017.

How big is unit 808?

975 sqft (90.6 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2016.

What is unit 808 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 808, Altia Residence

Starts from the last sale price (AED 790K, 23 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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