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

318, Coral Residence

Sold prices and rental history: sold twice, last in January 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 450K15 January 2024
Current rentAED 35K /yr20 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Coral Residence

What is 318 worth today?

Last sold for AED 450,000 in 2024

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15 Jan 2024SoldReady
AED 450,000AED 582 per sqft
20 May 2017RentedRenewal
AED 35,000/yr36 months · AED 45 per sqft
17 Nov 2015Sold by developerReady
AED 374,695AED 484 per sqft
20 May 2015RentedNew contract
AED 16,000/yr24 months · AED 21 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
G - 177
Developer
Deyaar
Completed
2010
Service charge
AED 9,900 /yr
Last sold
AED 450K · January 2024

About 318, Coral Residence

318 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 15 January 2024 for AED 450,000, or AED 582 per sqft, in line with the AED 575 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 20 May 2017, is AED 35,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, November 2015: AED 374,695 (AED 484 per sqft)Sold, January 2024: AED 450,000 (AED 582 per sqft)

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

Rents
Unit 318, each contractTypical one-bed in Coral Residence
20K40K60K2012201620202024Typical 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 2015: AED 16,000 a yearRenewal, May 2017: 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 318 sits

All 108 1-beds →

318 last sold in January 2024 at AED 582 per sqft, in line with what one-beds in Coral Residence were fetching at the time (AED 575). 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. 318'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

318, Coral Residence in numbers

  • Sold twice: first on 17 November 2015 for AED 374,695, last on 15 January 2024 for AED 450,000 (AED 582 per sqft).
  • Rented since May 2015 on 2 Ejari contracts, from AED 16,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 7.8%, 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 15 January 2024.

Questions about 318, Coral Residence

What did unit 318 last sell for?

AED 450,000 on 15 January 2024: AED 582 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 374,695 in November 2015.

What is the rent for unit 318?

AED 35,000 a year on the contract renewed on 20 May 2017. The previous contract, from May 2015, was AED 16,000.

How big is unit 318?

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

What is unit 318 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 318, Coral Residence

Starts from the last sale price (AED 450K, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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