1-bed · 935 sqftLa Vista 2, Dubai Silicon Oasis · 5th floor · completed 2013

506, La Vista 2

Sold prices and rental history: sold twice, last in August 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 7 August 2019
Last soldAED 585K7 August 2019
Current rentAED 38K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, La Vista 2

What is 506 worth today?

Last sold for AED 585,000 in 2019

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7 Aug 2019SoldReady
AED 585,000AED 625 per sqft
1 Jul 2019RentedNew contract
AED 38,000/yr12 months · AED 41 per sqft
2 Oct 2018RentedRenewal
AED 63,000/yr12 months · AED 67 per sqft
2 Oct 2017RentedNew contract
AED 68,000/yr12 months · AED 73 per sqft
7 Dec 2015Sold by developerReady
AED 703,254AED 752 per sqft

Source: Dubai Land Department. Updated 7 August 2019.

Key facts

Type
1-bed apartment
Size
935 sqft
Floor
5th of 8
Parking
G68
Developer
Al Manal Development
Completed
2013
Service charge
AED 10,700 /yr
Last sold
AED 585K · August 2019
Building
La Vista 2

About 506, La Vista 2

506 is a one-bedroom apartment of 935 sqft on the 5th floor of La Vista 2, a 8-storey tower in Dubai Silicon Oasis completed in 2013 by Al Manal Development. It last sold on 7 August 2019 for AED 585,000, or AED 625 per sqft, 13% below the AED 716 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 July 2019, is AED 38,000 a year: a gross yield of 6.5% on the 2019 price, before the service charge of about AED 10,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in La Vista 2
400K600K2009201420192024Typical sale price by year: 2009 AED 603,264; 2013 AED 621,792; 2014 AED 606,474; 2015 AED 648,686; 2016 AED 665,000; 2017 AED 640,000; 2018 AED 640,000; 2019 AED 585,000; 2021 AED 390,000; 2022 AED 530,000; 2023 AED 422,500; 2024 AED 545,000; 2025 AED 727,500; 2026 AED 690,000Sold by developer, December 2015: AED 703,254 (AED 752 per sqft)Sold, August 2019: AED 585,000 (AED 625 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in La Vista 2
40K60K2013201720212025Typical rent by year: 2013 AED 52,000; 2014 AED 60,000; 2015 AED 65,000; 2016 AED 62,000; 2017 AED 55,000; 2018 AED 51,000; 2019 AED 45,000; 2020 AED 36,500; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 42,117; 2024 AED 50,000; 2025 AED 57,000; 2026 AED 55,500New contract, October 2017: AED 68,000 a yearRenewal, October 2018: AED 63,000 a yearNew contract, July 2019: AED 38,000 a year

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

1-beds in La Vista 2, and where 506 sits

All 115 1-beds →

506 last sold in August 2019 at AED 625 per sqft, 13% below what one-beds in La Vista 2 were fetching at the time (AED 716). Over the last 12 months one-beds sold for AED 500,000 to 935,000, around AED 938 per sqft, and rent for AED 40,000 to 80,000 a year. 506's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Aug 2026690,000
12 Aug 2026660,000
4 Aug 2026682,000
29 Jul 2026720,000
10 1-bed sales in the last 12 months

La Vista 2

Building

127 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2013 by Al Manal Development. 10 sold in the last 12 months.

Typical price per sqft
AED 938 Up 3.1%
Typical sale
AED 686K
Typical rent
AED 56K /yr
Typical yield
8.0%
La Vista 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 127 units in La Vista 2
Value
5011-bedAED 622K · Nov 2013
5021-bedAED 820K · May 2014
5031-bedAED 815K · May 2025
5041-bedAED 570K · Oct 2013
5051-bedAED 603K · Oct 2013
5071-bedAED 741K · Feb 2015
5081-bedAED 720K · Jul 2026
1–7 of 15

506, La Vista 2 in numbers

  • Sold twice: first on 7 December 2015 for AED 703,254, last on 7 August 2019 for AED 585,000 (AED 625 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 68,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2019 price is 6.5%, before a service charge of about AED 10,700 a year (AED 11.44 per sqft).
  • One-beds in La Vista 2 sold for AED 500,000–935,000 in the 12 months to November 2026; the building's median across all types is AED 938 per sqft.

Source: Dubai Land Department. Updated 7 August 2019.

Questions about 506, La Vista 2

What did unit 506 last sell for?

AED 585,000 on 7 August 2019: AED 625 per sqft for 935 sqft. The unit has 2 registered sales; the first was AED 703,254 in December 2015.

What is the rent for unit 506?

AED 38,000 a year on the contract signed on 1 July 2019. The previous contract, from October 2018, was AED 63,000; the unit has been rented since October 2017.

How big is unit 506?

935 sqft (86.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2013.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in La Vista 2 sold for AED 500,000 to 935,000 in the last 12 months, around AED 938 per sqft.

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Mortgage on 506, La Vista 2

Starts from the last sale price (AED 585K, 7 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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