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1-bed · 773 sqftCoral Residence, Dubai Silicon Oasis · 1st floor · completed 2010

118, Coral Residence

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 445K1 June 2023
Current rentAED 49K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, Coral Residence

What is 118 worth today?

Last sold for AED 445,000 in 2023

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5 Dec 2023RentedNew contract
AED 49,000/yr12 months · AED 63 per sqft
10 Jun 2023RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
1 Jun 2023SoldReady
AED 445,000AED 575 per sqft
10 Sep 2020RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
10 Sep 2019RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
10 Sep 2018RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
10 Sep 2017RentedRenewal
AED 55,000/yr12 months · AED 71 per sqft
10 Sep 2016RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
1st of 8
Parking
G - 163
Developer
Deyaar
Completed
2010
Service charge
AED 9,900 /yr
Last sold
AED 445K · June 2023
Building
Coral Residence

About 118, Coral Residence

118 is a one-bedroom apartment of 773 sqft on the 1st floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 1 June 2023 for AED 445,000, or AED 575 per sqft, 9% above the AED 528 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 December 2023, is AED 49,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical one-bed in Coral Residence
500K1M2009201420192024Typical sale price by year: 2009 AED 1,001,063; 2010 AED 720,589; 2011 AED 540,142; 2012 AED 568,149; 2013 AED 560,973; 2014 AED 600,000; 2015 AED 640,168; 2016 AED 575,000; 2017 AED 560,000; 2018 AED 510,000; 2019 AED 410,000; 2021 AED 355,000; 2022 AED 381,500; 2023 AED 445,000; 2024 AED 535,000; 2025 AED 610,000; 2026 AED 660,000Sold by developer, July 2013: AED 524,387 (AED 678 per sqft)Sold, June 2023: AED 445,000 (AED 575 per sqft)

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

Rents
Unit 118, each contractTypical one-bed in Coral Residence
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 36,000; 2014 AED 42,000; 2015 AED 55,000; 2016 AED 57,750; 2017 AED 52,371; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 34,750; 2023 AED 39,112; 2024 AED 43,780; 2025 AED 50,000; 2026 AED 53,500New contract, May 2013: AED 36,000 a yearNew contract, May 2014: AED 42,000 a yearNew contract, September 2016: AED 65,000 a yearRenewal, September 2017: AED 55,000 a yearRenewal, September 2018: AED 40,000 a yearRenewal, September 2019: AED 40,000 a yearNew contract, September 2020: AED 30,000 a yearNew contract, June 2023: AED 45,000 a yearNew contract, December 2023: AED 49,000 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 Coral Residence, and where 118 sits

All 108 1-beds →

118 last sold in June 2023 at AED 575 per sqft, 9% above what one-beds in Coral Residence were fetching at the time (AED 528). Over the last 12 months one-beds sold for AED 650,000 to 755,000, around AED 854 per sqft, and rent for AED 35,000 to 66,000 a year. 118's AED 49,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 2026665,000
1 Oct 2026660,000
18 Sep 2026650,000
26 Aug 2026650,000
12 1-bed sales in the last 12 months

Coral Residence

Building

145 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Deyaar. 15 sold in the last 12 months.

Typical price per sqft
AED 854 Up 0.5%
Typical sale
AED 665K
Typical rent
AED 57K /yr
Typical yield
8.0%
Coral Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 145 units in Coral Residence
Value
1011-bedAED 640K · Jan 2017
1021-bedAED 630K · Jul 2025
1031-bedAED 625K · Dec 2015
1041-bedAED 654K · Aug 2012
1051-bedAED 498K · Feb 2013
1061-bedAED 546K · Mar 2014
1071-bedAED 715K · Oct 2014
1–7 of 20

118, Coral Residence in numbers

  • Sold twice: first on 31 July 2013 for AED 524,387, last on 1 June 2023 for AED 445,000 (AED 575 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 36,000 to AED 30,000 in 2020 and recovered to AED 49,000 by December 2023.
  • At AED 49,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 9,900 a year (AED 12.82 per sqft).
  • One-beds in Coral Residence sold for AED 650,000–755,000 in the 12 months to November 2026; the building's median across all types is AED 854 per sqft.

Source: Dubai Land Department. Updated 5 December 2023.

Questions about 118, Coral Residence

What did unit 118 last sell for?

AED 445,000 on 1 June 2023: AED 575 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 524,387 in July 2013.

What is the rent for unit 118?

AED 49,000 a year on the contract signed on 5 December 2023. The previous contract, from June 2023, was AED 45,000; the unit has been rented since May 2013.

How big is unit 118?

773 sqft (71.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Coral Residence sold for AED 650,000 to 755,000 in the last 12 months, around AED 854 per sqft.

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Mortgage on 118, Coral Residence

Starts from the last sale price (AED 445K, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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