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1-bed · 773 sqftCoral Residence, Dubai Silicon Oasis · 3rd floor · completed 2010

308, Coral Residence

Sold prices and rental history: sold 3 times, last in September 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 550K8 September 2015
Current rentAED 35K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Coral Residence

What is 308 worth today?

Last sold for AED 550,000 in 2015

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1 Jun 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
10 Oct 2021RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
20 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
20 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
5 Aug 2017RentedRenewal
AED 51,975/yr12 months · AED 67 per sqft
5 Aug 2016RentedRenewal
AED 49,500/yr12 months · AED 64 per sqft
8 Sep 2015SoldReady
AED 550,000AED 711 per sqft
5 Aug 2015RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
G - 168
Developer
Deyaar
Completed
2010
Service charge
AED 9,900 /yr
Last sold
AED 550K · September 2015
Building
Coral Residence

About 308, Coral Residence

308 is a one-bedroom apartment of 773 sqft on the 3rd floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 8 September 2015 for AED 550,000, or AED 711 per sqft, 25% below the AED 952 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 June 2022, is AED 35,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 9,900 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 2011: AED 540,142 (AED 698 per sqft)Sold, April 2012: AED 540,142 (AED 698 per sqft)Sold, September 2015: AED 550,000 (AED 711 per sqft)

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

Rents
Unit 308, 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 2012: AED 33,000 a yearNew contract, August 2013: AED 36,000 a yearNew contract, August 2014: AED 40,000 a yearRenewal, August 2015: AED 45,000 a yearRenewal, August 2016: AED 49,500 a yearRenewal, August 2017: AED 51,975 a yearNew contract, September 2019: AED 38,000 a yearNew contract, September 2020: AED 32,000 a yearNew contract, October 2021: AED 32,000 a yearNew contract, June 2022: AED 35,000 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 308 sits

All 108 1-beds →

308 last sold in September 2015 at AED 711 per sqft, 25% below what one-beds in Coral Residence were fetching at the time (AED 952). 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. 308's AED 35,000 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 3rd floor

All 145 units in Coral Residence
Value
3011-bedAED 500K · Sep 2013
3021-bedAED 623K · Jul 2015
3031-bedAED 75K · Jul 2021
3041-bedAED 660K · Jan 2026
3051-bedAED 725K · Feb 2026
3061-bedAED 720K · Jun 2026
3071-bedAED 549K · Jul 2013
1–7 of 20

308, Coral Residence in numbers

  • Sold 3 times: first on 26 July 2011 for AED 540,142, last on 8 September 2015 for AED 550,000 (AED 711 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 33,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 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 June 2022.

Questions about 308, Coral Residence

What did unit 308 last sell for?

AED 550,000 on 8 September 2015: AED 711 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 540,142 in July 2011.

What is the rent for unit 308?

AED 35,000 a year on the contract signed on 1 June 2022. The previous contract, from October 2021, was AED 32,000; the unit has been rented since August 2012.

How big is unit 308?

773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 308 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 308, Coral Residence

Starts from the last sale price (AED 550K, 8 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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