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1-bed · 784 sqftCoral Residence, Dubai Silicon Oasis · 2nd floor · completed 2010

212, Coral Residence

Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 400K12 October 2023
Current rentAED 29K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Coral Residence

What is 212 worth today?

Last sold for AED 400,000 in 2023

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12 Oct 2023SoldReady
AED 400,000AED 510 per sqft
20 Sep 2021RentedNew contract
AED 29,000/yr12 months · AED 37 per sqft
1 May 2020RentedRenewal
AED 33,000/yr12 months · AED 42 per sqft
1 May 2019RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
10 Aug 2017RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
25 Apr 2016RentedRenewal
AED 51,788/yr12 months · AED 66 per sqft
25 Apr 2015RentedRenewal
AED 47,080/yr12 months · AED 60 per sqft
25 Apr 2014RentedNew contract
AED 42,800/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
1-bed apartment
Size
784 sqft
Floor
2nd of 8
Parking
B - 100
Developer
Deyaar
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 400K · October 2023
Building
Coral Residence

About 212, Coral Residence

212 is a one-bedroom apartment of 784 sqft on the 2nd floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 12 October 2023 for AED 400,000, or AED 510 per sqft, 8% below the AED 553 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 September 2021, is AED 29,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, April 2011: AED 697,842 (AED 890 per sqft)Sold, August 2011: AED 300,000 (AED 382 per sqft)Sold, October 2011: AED 330,000 (AED 421 per sqft)Sold, September 2012: AED 348,196 (AED 444 per sqft)Sold, October 2023: AED 400,000 (AED 510 per sqft)

212 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 212, 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, April 2013: AED 40,000 a yearNew contract, April 2014: AED 42,800 a yearRenewal, April 2015: AED 47,080 a yearRenewal, April 2016: AED 51,788 a yearNew contract, August 2017: AED 50,000 a yearNew contract, May 2019: AED 38,000 a yearRenewal, May 2020: AED 33,000 a yearNew contract, September 2021: AED 29,000 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 212 sits

All 108 1-beds →

212 last sold in October 2023 at AED 510 per sqft, 8% below what one-beds in Coral Residence were fetching at the time (AED 553). 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. 212's AED 29,000 is at the bottom 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 2nd floor

All 145 units in Coral Residence
Value
2011-bedAED 370K · Mar 2022
2021-bedAED 490K · Dec 2023
2031-bedAED 725K · Nov 2014
2041-bedAED 746K · Mar 2013
2051-bedAED 746K · Mar 2013
2061-bedAED 767K · Mar 2013
2071-bedAED 756K · Jun 2015
1–7 of 20

212, Coral Residence in numbers

  • Sold 5 times: first on 25 April 2011 for AED 697,842, last on 12 October 2023 for AED 400,000 (AED 510 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 40,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 10,000 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 12 October 2023.

Questions about 212, Coral Residence

What did unit 212 last sell for?

AED 400,000 on 12 October 2023: AED 510 per sqft for 784 sqft. The unit has 5 registered sales; the first was AED 697,842 in April 2011.

What is the rent for unit 212?

AED 29,000 a year on the contract signed on 20 September 2021. The previous contract, from May 2020, was AED 33,000; the unit has been rented since April 2013.

How big is unit 212?

784 sqft (72.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 212 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 212, Coral Residence

Starts from the last sale price (AED 400K, 12 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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