2-bed · 1,201 sqftCoral Residence, Dubai Silicon Oasis · 7th floor · completed 2010

711, 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 711 · DLD and Ejari recordsUpdated 19 October 2022
Last soldAED 415K19 September 2013
Current rentAED 55K /yr19 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Coral Residence

What is 711 worth today?

Last sold for AED 415,080 in 2013

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19 Oct 2022RentedNew contract
AED 55,200/yr12 months · AED 46 per sqft
20 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 40 per sqft
13 Apr 2021RentedRenewal
AED 45,000/yr12 months · AED 37 per sqft
13 Apr 2020RentedNew contract
AED 50,000/yr12 months · AED 41 per sqft
1 Mar 2018RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
10 Apr 2016RentedNew contract
AED 72,000/yr12 months · AED 60 per sqft
10 Apr 2014RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
19 Sep 2013Sold by developerReady
AED 415,080AED 345 per sqft

Source: Dubai Land Department. Updated 19 October 2022.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
7th of 8
Parking
B - 29, 30
Developer
Deyaar
Completed
2010
Service charge
AED 15,400 /yr
Last sold
AED 415K · September 2013

About 711, Coral Residence

711 is a two-bedroom apartment of 1,201 sqft on the 7th 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 415,080, or AED 345 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 8 Ejari contracts. The current contract, signed on 19 October 2022, is AED 55,200 a year: a gross yield of 13.3% on the 2013 price, before the service charge of about AED 15,400 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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 415,080 (AED 345 per sqft)

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

Rents
Unit 711, each contractTypical two-bed in Coral Residence
40K60K80K2012201620202024Typical 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, April 2013: AED 55,000 a yearNew contract, April 2014: AED 60,000 a yearNew contract, April 2016: AED 72,000 a yearNew contract, March 2018: AED 70,000 a yearNew contract, April 2020: AED 50,000 a yearRenewal, April 2021: AED 45,000 a yearNew contract, October 2021: AED 48,000 a yearNew contract, October 2022: AED 55,200 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 711 sits

All 28 2-beds →

711 last sold in September 2013 at AED 345 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. 711's AED 55,200 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
7062-bedAED 695K · Apr 2022
7072-bedAED 900K · Jan 2014
1–7 of 13

711, Coral Residence in numbers

  • Sold once: by Deyaar on 19 September 2013 for AED 415,080, or AED 345 per sqft.
  • Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2021 and recovered to AED 55,200 by October 2022.
  • At AED 55,200 a year the gross yield on the 2013 price is 13.3%, before a service charge of about AED 15,400 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 19 October 2022.

Questions about 711, Coral Residence

What did unit 711 last sell for?

AED 415,080 on 19 September 2013, sold by the developer: AED 345 per sqft for 1,201 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 55,200 a year on the contract signed on 19 October 2022. The previous contract, from October 2021, was AED 48,000; the unit has been rented since April 2013.

How big is unit 711?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 711 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 711, Coral Residence

Starts from the last sale price (AED 415K, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 415,080
Deposit, UAE resident (20%)
AED 83,016
Deposit, non-resident (40%)
AED 166,032
Monthly over 25 years at 3.7%
AED 1,698

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