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

505, Coral Residence

Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 23 March 2023
Last soldAED 752K25 March 2013
Current rentAED 39K /yr23 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Coral Residence

What is 505 worth today?

Last sold for AED 751,789 in 2013

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23 Mar 2023RentedRenewal
AED 38,500/yr12 months · AED 50 per sqft
23 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 45 per sqft
1 Jan 2020RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
1 Nov 2018RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
25 Sep 2017RentedNew contract
AED 52,000/yr12 months · AED 67 per sqft
25 Mar 2013SoldReady
AED 751,789AED 972 per sqft
12 Apr 2010Sold by developerOff-plan
AED 721,789AED 934 per sqft

Source: Dubai Land Department. Updated 23 March 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 8
Parking
G - 191
Developer
Deyaar
Completed
2010
Service charge
AED 9,900 /yr
Last sold
AED 752K · March 2013

About 505, Coral Residence

505 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 25 March 2013 for AED 751,789, or AED 972 per sqft, 15% above the AED 846 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 23 March 2023, is AED 38,500 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 9,900 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, April 2010: AED 721,789 (AED 934 per sqft)Sold, March 2013: AED 751,789 (AED 972 per sqft)

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

Rents
Unit 505, 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, September 2017: AED 52,000 a yearNew contract, November 2018: AED 44,000 a yearNew contract, January 2020: AED 38,000 a yearNew contract, March 2022: AED 35,000 a yearRenewal, March 2023: AED 38,500 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 505 sits

All 108 1-beds →

505 last sold in March 2013 at AED 972 per sqft, 15% above what one-beds in Coral Residence were fetching at the time (AED 846). 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. 505's AED 38,500 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
5031-bedAED 580K · Sep 2024
5041-bedAED 585K · Oct 2025
5061-bedAED 685K · Aug 2025
5071-bedAED 375K · Oct 2019
5081-bedAED 752K · Jan 2013
1–7 of 20

505, Coral Residence in numbers

  • Sold twice: first on 12 April 2010 for AED 721,789, last on 25 March 2013 for AED 751,789 (AED 972 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 52,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2013 price is 5.1%, 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 23 March 2023.

Questions about 505, Coral Residence

What did unit 505 last sell for?

AED 751,789 on 25 March 2013: AED 972 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 721,789 in April 2010.

What is the rent for unit 505?

AED 38,500 a year on the contract renewed on 23 March 2023. The previous contract, from March 2022, was AED 35,000; the unit has been rented since September 2017.

How big is unit 505?

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

What is unit 505 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 505, Coral Residence

Starts from the last sale price (AED 752K, 25 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 751,789
Deposit, UAE resident (20%)
AED 150,358
Deposit, non-resident (40%)
AED 300,716
Monthly over 25 years at 3.7%
AED 3,076

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