2-bed · 1,113 sqftCoral Residence, Dubai Silicon Oasis · 7th floor · completed 2010

702, Coral Residence

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 690K11 June 2019
Current rentAED 85K /yr27 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Coral Residence

What is 702 worth today?

Last sold for AED 690,000 in 2019

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27 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 76 per sqft
4 Feb 2024RentedRenewal
AED 66,150/yr12 months · AED 60 per sqft
4 Feb 2023RentedNew contract
AED 63,000/yr12 months · AED 57 per sqft
20 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
1 Jul 2019RentedNew contract
AED 62,000/yr12 months · AED 56 per sqft
11 Jun 2019SoldReady
AED 690,000AED 619 per sqft
12 Jan 2018RentedNew contract
AED 60,000/yr13 months · AED 54 per sqft
3 Jul 2016RentedNew contract
AED 78,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
7th of 8
Parking
B - 17, 18
Developer
Deyaar
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 690K · June 2019

About 702, Coral Residence

702 is a two-bedroom apartment of 1,113 sqft on the 7th floor of Coral Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 11 June 2019 for AED 690,000, or AED 619 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 27 November 2024, is AED 85,000 a year: a gross yield of 12.3% on the 2019 price, before the service charge of about AED 14,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Coral Residence
1M2009201420192024Typical 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, December 2012: AED 1,315,348 (AED 1,181 per sqft)Sold, June 2019: AED 690,000 (AED 619 per sqft)

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

Rents
Unit 702, 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, January 2013: AED 62,000 a yearNew contract, July 2016: AED 78,000 a yearNew contract, January 2018: AED 60,000 a yearNew contract, July 2019: AED 62,000 a yearNew contract, March 2022: AED 60,000 a yearNew contract, February 2023: AED 63,000 a yearRenewal, February 2024: AED 66,150 a yearNew contract, November 2024: AED 85,000 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 702 sits

All 28 2-beds →

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. 702's AED 85,000 is at the top 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 7th floor

All 145 units in Coral Residence
Value
7012-bedAED 730K · Sep 2023
7032-bedAED 779K · Apr 2012
7042-bedAED 700K · Dec 2023
7052-bedAED 690K · Mar 2023
7062-bedAED 695K · Apr 2022
7072-bedAED 900K · Jan 2014
7082-bedAED 680K · Jul 2026
1–7 of 13

702, Coral Residence in numbers

  • Sold twice: first on 17 December 2012 for AED 1,315,348, last on 11 June 2019 for AED 690,000 (AED 619 per sqft).
  • Rented since January 2013 on 8 Ejari contracts, from AED 62,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 12.3%, before a service charge of about AED 14,300 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 27 November 2024.

Questions about 702, Coral Residence

What did unit 702 last sell for?

AED 690,000 on 11 June 2019: AED 619 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 1,315,348 in December 2012.

What is the rent for unit 702?

AED 85,000 a year on the contract signed on 27 November 2024. The previous contract, from February 2024, was AED 66,150; the unit has been rented since January 2013.

How big is unit 702?

1,113 sqft (103.4 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 702 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 702, Coral Residence

Starts from the last sale price (AED 690K, 11 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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