2-bed · 1,197 sqftCoral Residence, Dubai Silicon Oasis · 6th floor · completed 2010

605, Coral Residence

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 20 October 2021
Last soldAED 414K19 September 2013
Current rentAED 51K /yr20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Coral Residence

What is 605 worth today?

Last sold for AED 414,155 in 2013

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20 Oct 2021RentedRenewal
AED 51,000/yr12 months · AED 43 per sqft
20 Oct 2020RentedRenewal
AED 54,500/yr12 months · AED 46 per sqft
20 Oct 2019RentedRenewal
AED 64,000/yr12 months · AED 54 per sqft
20 Oct 2018RentedNew contract
AED 68,000/yr12 months · AED 57 per sqft
11 Sep 2017RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
19 Sep 2013Sold by developerReady
AED 414,155AED 346 per sqft
20 Aug 2013RentedNew contract
AED 68,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
2-bed apartment
Size
1,197 sqft
Floor
6th of 8
Parking
B - 128, 129
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 414K · September 2013

About 605, Coral Residence

605 is a two-bedroom apartment of 1,197 sqft on the 6th floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 19 September 2013 for AED 414,155, or AED 346 per sqft, 52% below the AED 724 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 20 October 2021, is AED 51,000 a year: a gross yield of 12.3% on the 2013 price, before the service charge of about AED 15,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in Coral Residence
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,373,931; 2011 AED 781,292; 2012 AED 983,287; 2013 AED 877,792; 2014 AED 939,944; 2023 AED 715,000; 2024 AED 950,962; 2025 AED 1,145,000Sold by developer, September 2013: AED 414,155 (AED 346 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in Coral Residence
60K80K2012201620202024Typical rent by year: 2012 AED 56,000; 2013 AED 55,000; 2014 AED 59,235; 2015 AED 71,097; 2016 AED 76,500; 2017 AED 75,000; 2018 AED 70,000; 2019 AED 62,000; 2020 AED 52,000; 2021 AED 48,000; 2022 AED 52,850; 2023 AED 58,190; 2024 AED 63,355; 2025 AED 64,033; 2026 AED 80,000New contract, August 2013: AED 68,000 a yearNew contract, September 2017: AED 75,000 a yearNew contract, October 2018: AED 68,000 a yearRenewal, October 2019: AED 64,000 a yearRenewal, October 2020: AED 54,500 a yearRenewal, October 2021: AED 51,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Coral Residence, and where 605 sits

All 28 2-beds →

605 last sold in September 2013 at AED 346 per sqft, 52% below what two-beds in Coral Residence were fetching at the time (AED 724). Over the last 12 months two-beds sold for AED 680,000 to 1,025,000, around AED 743 per sqft, and rent for AED 62,160 to 85,000 a year. 605's AED 51,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jul 2026680,000
2 Jan 20261,025,000
13 Oct 20251,200,000
1 Sep 20251,145,000
2 2-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 6th floor

All 145 units in Coral Residence
Value
6012-bedAED 950K · Oct 2024
6022-bedAED 1.07M · Dec 2014
6032-bedAED 1.01M · Feb 2025
6042-bedAED 878K · Jul 2013
6062-bedAED 946K · Aug 2012
6072-bedAED 781K · Feb 2013
6082-bedAED 1.24M · Aug 2012
1–7 of 13

605, Coral Residence in numbers

  • Sold once: by Deyaar on 19 September 2013 for AED 414,155, or AED 346 per sqft.
  • Rented since August 2013 on 6 Ejari contracts, from AED 68,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2013 price is 12.3%, before a service charge of about AED 15,300 a year (AED 12.82 per sqft).
  • Two-beds in Coral Residence sold for AED 680,000–1,025,000 in the 12 months to November 2026; the building's median across all types is AED 854 per sqft.

Source: Dubai Land Department. Updated 20 October 2021.

Questions about 605, Coral Residence

What did unit 605 last sell for?

AED 414,155 on 19 September 2013, sold by the developer: AED 346 per sqft for 1,197 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 51,000 a year on the contract renewed on 20 October 2021. The previous contract, from October 2020, was AED 54,500; the unit has been rented since August 2013.

How big is unit 605?

1,197 sqft (111.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Coral Residence sold for AED 680,000 to 1,025,000 in the last 12 months, around AED 743 per sqft.

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Mortgage on 605, Coral Residence

Starts from the last sale price (AED 414K, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 414,155
Deposit, UAE resident (20%)
AED 82,831
Deposit, non-resident (40%)
AED 165,662
Monthly over 25 years at 3.7%
AED 1,694

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