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

706, Coral Residence

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 695K11 April 2022
Current rentAED 55K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Coral Residence

What is 706 worth today?

Last sold for AED 695,000 in 2022

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11 Apr 2022SoldReady
AED 695,000AED 624 per sqft
10 Dec 2020RentedNew contract
AED 55,000/yr13 months · AED 50 per sqft
15 Dec 2019RentedRenewal
AED 69,000/yr12 months · AED 62 per sqft
15 Dec 2018RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
15 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
23 Jul 2013SoldReady
AED 293,196AED 263 per sqft
14 Jul 2011SoldOff-plan
AED 275,000AED 247 per sqft
26 Apr 2011Sold by developerOff-plan
AED 983,850AED 883 per sqft

Source: Dubai Land Department. Updated 11 April 2022.

Key facts

Type
2-bed apartment
Size
1,113 sqft
Floor
7th of 8
Parking
B - 11, 12
Developer
Deyaar
Completed
2010
Service charge
AED 14,300 /yr
Last sold
AED 695K · April 2022

About 706, Coral Residence

706 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 April 2022 for AED 695,000, or AED 624 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 December 2020, is AED 55,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 14,300 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, April 2011: AED 983,850 (AED 883 per sqft)Sold, July 2011: AED 275,000 (AED 247 per sqft)Sold, July 2013: AED 293,196 (AED 263 per sqft)Sold, April 2022: AED 695,000 (AED 624 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, 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, December 2017: AED 75,000 a yearNew contract, December 2018: AED 75,000 a yearRenewal, December 2019: AED 69,000 a yearNew contract, December 2020: AED 55,000 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 706 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. 706's AED 55,000 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 7th floor

All 145 units in Coral Residence
Value
7012-bedAED 730K · Sep 2023
7022-bedAED 690K · Jun 2019
7032-bedAED 779K · Apr 2012
7042-bedAED 700K · Dec 2023
7052-bedAED 690K · Mar 2023
7072-bedAED 900K · Jan 2014
7082-bedAED 680K · Jul 2026
1–7 of 13

706, Coral Residence in numbers

  • Sold 4 times: first on 26 April 2011 for AED 983,850, last on 11 April 2022 for AED 695,000 (AED 624 per sqft).
  • Rented since December 2017 on 4 Ejari contracts, from AED 75,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 7.9%, 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 11 April 2022.

Questions about 706, Coral Residence

What did unit 706 last sell for?

AED 695,000 on 11 April 2022: AED 624 per sqft for 1,113 sqft. The unit has 4 registered sales; the first was AED 983,850 in April 2011.

What is the rent for unit 706?

AED 55,000 a year on the contract signed on 10 December 2020. The previous contract, from December 2019, was AED 69,000; the unit has been rented since December 2017.

How big is unit 706?

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 706 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 706, Coral Residence

Starts from the last sale price (AED 695K, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 695,000
Deposit, UAE resident (20%)
AED 139,000
Deposit, non-resident (40%)
AED 278,000
Monthly over 25 years at 3.7%
AED 2,843

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