1-bed · 773 sqftCoral Residence, Dubai Silicon Oasis · 2nd floor · completed 2010

218, Coral Residence

Sold prices and rental history: sold 3 times, last in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 1 September 2019
Last soldAED 563K20 March 2014
Current rentAED 36K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Coral Residence

What is 218 worth today?

Last sold for AED 562,500 in 2014

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1 Sep 2019RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
22 Feb 2018RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
6 Feb 2017RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
13 Aug 2015RentedNew contract
AED 38,600/yr12 months · AED 50 per sqft
13 Aug 2014RentedNew contract
AED 33,600/yr12 months · AED 43 per sqft
20 Mar 2014SoldReady
AED 562,500AED 727 per sqft
13 Aug 2013RentedNew contract
AED 33,600/yr12 months · AED 43 per sqft
9 Jul 2013SoldReady
AED 746,188AED 965 per sqft

Source: Dubai Land Department. Updated 1 September 2019.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 8
Parking
B - 107
Developer
Deyaar
Completed
2010
Service charge
AED 9,900 /yr
Last sold
AED 563K · March 2014

About 218, Coral Residence

218 is a one-bedroom apartment of 773 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 20 March 2014 for AED 562,500, or AED 727 per sqft, in line with the AED 727 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2019, is AED 36,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 9,900 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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, June 2009: AED 990,660 (AED 1,282 per sqft)Sold, July 2013: AED 746,188 (AED 965 per sqft)Sold, March 2014: AED 562,500 (AED 727 per sqft)

218 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 218, 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, August 2013: AED 33,600 a yearNew contract, August 2014: AED 33,600 a yearNew contract, August 2015: AED 38,600 a yearNew contract, February 2017: AED 54,000 a yearNew contract, February 2018: AED 50,000 a yearNew contract, September 2019: AED 36,000 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 218 sits

All 108 1-beds →

218 last sold in March 2014 at AED 727 per sqft, in line with what one-beds in Coral Residence were fetching at the time (AED 727). 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. 218's AED 36,000 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 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

218, Coral Residence in numbers

  • Sold 3 times: first on 8 June 2009 for AED 990,660, last on 20 March 2014 for AED 562,500 (AED 727 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 33,600 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2014 price is 6.4%, 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 1 September 2019.

Questions about 218, Coral Residence

What did unit 218 last sell for?

AED 562,500 on 20 March 2014: AED 727 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 990,660 in June 2009.

What is the rent for unit 218?

AED 36,000 a year on the contract signed on 1 September 2019. The previous contract, from February 2018, was AED 50,000; the unit has been rented since August 2013.

How big is unit 218?

773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 218 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 218, Coral Residence

Starts from the last sale price (AED 563K, 20 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 562,500
Deposit, UAE resident (20%)
AED 112,500
Deposit, non-resident (40%)
AED 225,000
Monthly over 25 years at 3.7%
AED 2,301

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