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

216, Coral Residence

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 25 February 2021
Last soldAED 765K25 March 2013
Current rentAED 30K /yr25 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Coral Residence

What is 216 worth today?

Last sold for AED 764,786 in 2013

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25 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
15 May 2020RentedRenewal
AED 34,000/yr12 months · AED 43 per sqft
15 May 2019RentedNew contract
AED 39,000/yr12 months · AED 50 per sqft
15 May 2018RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
14 Mar 2014RentedNew contract
AED 42,300/yr12 months · AED 54 per sqft
25 Mar 2013SoldReady
AED 764,786AED 975 per sqft
12 Apr 2010Sold by developerOff-plan
AED 734,786AED 937 per sqft

Source: Dubai Land Department. Updated 25 February 2021.

Key facts

Type
1-bed apartment
Size
784 sqft
Floor
2nd of 8
Parking
G - 189
Developer
Deyaar
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 765K · March 2013
Building
Coral Residence

About 216, Coral Residence

216 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 25 March 2013 for AED 764,786, or AED 975 per sqft, 15% above the AED 846 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 25 February 2021, is AED 30,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 10,000 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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 2010: AED 734,786 (AED 937 per sqft)Sold, March 2013: AED 764,786 (AED 975 per sqft)

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

Rents
Unit 216, 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, March 2014: AED 42,300 a yearNew contract, May 2018: AED 48,000 a yearNew contract, May 2019: AED 39,000 a yearRenewal, May 2020: AED 34,000 a yearNew contract, February 2021: AED 30,000 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 216 sits

All 108 1-beds →

216 last sold in March 2013 at AED 975 per sqft, 15% above what one-beds in Coral Residence were fetching at the time (AED 846). 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. 216's AED 30,000 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

216, Coral Residence in numbers

  • Sold twice: first on 12 April 2010 for AED 734,786, last on 25 March 2013 for AED 764,786 (AED 975 per sqft).
  • Rented since March 2014 on 5 Ejari contracts, from AED 42,300 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2013 price is 3.9%, 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 25 February 2021.

Questions about 216, Coral Residence

What did unit 216 last sell for?

AED 764,786 on 25 March 2013: AED 975 per sqft for 784 sqft. The unit has 2 registered sales; the first was AED 734,786 in April 2010.

What is the rent for unit 216?

AED 30,000 a year on the contract signed on 25 February 2021. The previous contract, from May 2020, was AED 34,000; the unit has been rented since March 2014.

How big is unit 216?

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

What is unit 216 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 216, Coral Residence

Starts from the last sale price (AED 765K, 25 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 764,786
Deposit, UAE resident (20%)
AED 152,957
Deposit, non-resident (40%)
AED 305,914
Monthly over 25 years at 3.7%
AED 3,129

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