1-bed · 784 sqftCoral Residence, Dubai Silicon Oasis · 4th floor · completed 2010

416, Coral Residence

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.02M8 June 2009
Current rentAED 41K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Coral Residence

What is 416 worth today?

Last sold for AED 1,021,312 in 2009

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1 Aug 2024RentedRenewal
AED 41,000/yr12 months · AED 52 per sqft
1 Aug 2023RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
1 Aug 2022RentedRenewal
AED 30,000/yr12 months · AED 38 per sqft
1 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
1 Aug 2019RentedNew contract
AED 37,000/yr12 months · AED 47 per sqft
27 Jun 2017RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
27 Jun 2016RentedNew contract
AED 46,000/yr12 months · AED 59 per sqft
28 Jun 2013RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
784 sqft
Floor
4th of 8
Parking
G - 150
Developer
Deyaar
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 1.02M · June 2009

About 416, Coral Residence

416 is a one-bedroom apartment of 784 sqft on the 4th floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 8 June 2009 for AED 1,021,312, or AED 1,303 per sqft, in line with the AED 1,298 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 41,000 a year: a gross yield of 4.0% on the 2009 price, before the service charge of about AED 10,000 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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 1,021,312 (AED 1,303 per sqft)

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

Rents
Unit 416, 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, June 2012: AED 38,000 a yearNew contract, June 2013: AED 38,000 a yearNew contract, June 2016: AED 46,000 a yearRenewal, June 2017: AED 46,000 a yearNew contract, August 2019: AED 37,000 a yearNew contract, August 2021: AED 30,000 a yearRenewal, August 2022: AED 30,000 a yearRenewal, August 2023: AED 35,000 a yearRenewal, August 2024: AED 41,000 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 416 sits

All 108 1-beds →

416 last sold in June 2009 at AED 1,303 per sqft, in line with what one-beds in Coral Residence were fetching at the time (AED 1,298). 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. 416's AED 41,000 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 4th floor

All 145 units in Coral Residence
Value
4011-bedAED 755K · Jul 2026
4021-bedAED 660K · Jan 2026
4031-bedAED 308K · Feb 2016
4041-bedAED 550K · Jul 2024
4051-bedAED 700K · Jun 2014
4061-bedAED 790K · Jul 2013
4071-bedAED 570K · Apr 2017
1–7 of 20

416, Coral Residence in numbers

  • Sold once: by Deyaar on 8 June 2009 for AED 1,021,312, or AED 1,303 per sqft.
  • Rented since June 2012 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 30,000 in 2022 and recovered to AED 41,000 by August 2024.
  • At AED 41,000 a year the gross yield on the 2009 price is 4.0%, 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 1 August 2024.

Questions about 416, Coral Residence

What did unit 416 last sell for?

AED 1,021,312 on 8 June 2009, sold by the developer: AED 1,303 per sqft for 784 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 41,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 35,000; the unit has been rented since June 2012.

How big is unit 416?

784 sqft (72.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 416 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 416, Coral Residence

Starts from the last sale price (AED 1.02M, 8 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,021,312
Deposit, UAE resident (20%)
AED 204,262
Deposit, non-resident (40%)
AED 408,525
Monthly over 25 years at 3.7%
AED 4,179

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