1-bed · 773 sqftCoral Residence, Dubai Silicon Oasis · 5th floor · completed 2010

503, Coral Residence

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 580K19 September 2024
Current rentAED 40K /yr19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Coral Residence

What is 503 worth today?

Last sold for AED 580,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Sep 2024SoldReady
AED 580,000AED 750 per sqft
19 Sep 2024RentedNew contract
AED 39,600/yr5 months · AED 51 per sqft
25 Feb 2024RentedRenewal
AED 39,600/yr12 months · AED 52 per sqft
25 Feb 2023RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
25 Feb 2022RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
25 Feb 2021RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
15 Aug 2018SoldReady
AED 527,500AED 682 per sqft
1 Dec 2017RentedNew contract
AED 53,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 8
Parking
B - 1
Developer
Deyaar
Completed
2010
Service charge
AED 9,900 /yr
Last sold
AED 580K · September 2024

About 503, Coral Residence

503 is a one-bedroom apartment of 773 sqft on the 5th floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 19 September 2024 for AED 580,000, or AED 750 per sqft, 16% above the AED 647 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 19 September 2024, is AED 39,600 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 2015: AED 890,221 (AED 1,152 per sqft)Sold, August 2018: AED 527,500 (AED 682 per sqft)Sold, September 2024: AED 580,000 (AED 750 per sqft)

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

Rents
Unit 503, 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, December 2017: AED 53,000 a yearNew contract, February 2021: AED 32,000 a yearRenewal, February 2022: AED 32,000 a yearRenewal, February 2023: AED 36,000 a yearRenewal, February 2024: AED 39,600 a yearNew contract, September 2024: AED 39,600 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 503 sits

All 108 1-beds →

503 last sold in September 2024 at AED 750 per sqft, 16% above what one-beds in Coral Residence were fetching at the time (AED 647). 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. 503's AED 39,600 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 5th floor

All 145 units in Coral Residence
Value
5011-bedAED 811K · Nov 2013
5021-bedAED 570K · Oct 2024
5041-bedAED 585K · Oct 2025
5051-bedAED 752K · Mar 2013
5061-bedAED 685K · Aug 2025
5071-bedAED 375K · Oct 2019
5081-bedAED 752K · Jan 2013
1–7 of 20

503, Coral Residence in numbers

  • Sold 3 times: first on 1 June 2015 for AED 890,221, last on 19 September 2024 for AED 580,000 (AED 750 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 32,000 in 2022 and recovered to AED 39,600 by September 2024.
  • At AED 39,600 a year the gross yield on the 2024 price is 6.8%, 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 19 September 2024.

Questions about 503, Coral Residence

What did unit 503 last sell for?

AED 580,000 on 19 September 2024: AED 750 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 890,221 in June 2015.

What is the rent for unit 503?

AED 39,600 a year on the contract signed on 19 September 2024. The previous contract, from February 2024, was AED 39,600; the unit has been rented since December 2017.

How big is unit 503?

773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.

What is unit 503 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.

Selling 503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 503, Coral Residence

Starts from the last sale price (AED 580K, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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