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

703, Coral Residence

Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 31 December 2024
Last soldAED 779K30 April 2012
Current rentAED 63K /yr31 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Coral Residence

What is 703 worth today?

Last sold for AED 779,267 in 2012

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31 Dec 2024RentedRenewal
AED 63,355/yr12 months · AED 57 per sqft
31 Dec 2024RentedRenewal
AED 63,355/yr12 months · AED 57 per sqft
1 Jan 2023RentedRenewal
AED 55,000/yr12 months · AED 50 per sqft
1 Jan 2022RentedNew contract
AED 50,000/yr12 months · AED 45 per sqft
1 Feb 2018RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
26 Jun 2014RentedNew contract
AED 82,000/yr12 months · AED 74 per sqft
30 Apr 2012SoldReady
AED 779,267AED 700 per sqft
28 Jul 2011Sold by developerOff-plan
AED 779,267AED 700 per sqft

Source: Dubai Land Department. Updated 31 December 2024.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
7th of 8
Parking
B - 62, 63
Developer
Deyaar
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 779K · April 2012

About 703, Coral Residence

703 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 30 April 2012 for AED 779,267, or AED 700 per sqft, in line with the AED 700 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 31 December 2024, is AED 63,355 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 14,300 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, July 2011: AED 779,267 (AED 700 per sqft)Sold, April 2012: AED 779,267 (AED 700 per sqft)

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

Rents
Unit 703, 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, June 2014: AED 82,000 a yearNew contract, February 2018: AED 75,000 a yearNew contract, January 2022: AED 50,000 a yearRenewal, January 2023: AED 55,000 a yearRenewal, December 2024: AED 63,355 a yearRenewal, December 2024: AED 63,355 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 703 sits

All 28 2-beds →

703 last sold in April 2012 at AED 700 per sqft, in line with what two-beds in Coral Residence were fetching at the time (AED 700). 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. 703's AED 63,355 is in the lower half 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
7022-bedAED 690K · Jun 2019
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

703, Coral Residence in numbers

  • Sold twice: first on 28 July 2011 for AED 779,267, last on 30 April 2012 for AED 779,267 (AED 700 per sqft).
  • Rented since June 2014 on 6 Ejari contracts. The rent fell from AED 82,000 to AED 50,000 in 2022 and recovered to AED 63,355 by December 2024.
  • At AED 63,355 a year the gross yield on the 2012 price is 8.1%, 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 31 December 2024.

Questions about 703, Coral Residence

What did unit 703 last sell for?

AED 779,267 on 30 April 2012: AED 700 per sqft for 1,113 sqft. The unit has 2 registered sales; the first was AED 779,267 in July 2011.

What is the rent for unit 703?

AED 63,355 a year on the contract renewed on 31 December 2024. The previous contract, from December 2024, was AED 63,355; the unit has been rented since June 2014.

How big is unit 703?

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 703 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 703, Coral Residence

Starts from the last sale price (AED 779K, 30 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 779,267
Deposit, UAE resident (20%)
AED 155,853
Deposit, non-resident (40%)
AED 311,707
Monthly over 25 years at 3.7%
AED 3,188

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