Studio · 451 sqftLa Vista 6, Dubai Silicon Oasis · 7th floor · completed 2013

704, La Vista 6

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 287K5 June 2023
Current rentAED 25K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, La Vista 6

What is 704 worth today?

Last sold for AED 287,000 in 2023

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5 Jun 2023SoldReady
AED 287,000AED 635 per sqft
20 Mar 2023RentedRenewal
AED 25,000/yr12 months · AED 55 per sqft
20 Mar 2022RentedRenewal
AED 23,000/yr12 months · AED 51 per sqft
20 Mar 2021RentedNew contract
AED 21,000/yr12 months · AED 46 per sqft
12 Jan 2020RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft
10 May 2018RentedNew contract
AED 37,000/yr12 months · AED 82 per sqft
10 Feb 2017RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
10 Nov 2014Sold by developerReady
AED 395,000AED 874 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
7th of 8
Parking
G79
Developer
Al Manal Development
Completed
2013
Service charge
AED 6,200 /yr
Last sold
AED 287K · June 2023
Building
La Vista 6

About 704, La Vista 6

704 is a studio of 451 sqft on the 7th floor of La Vista 6, a 8-storey tower in Dubai Silicon Oasis completed in 2013 by Al Manal Development. It last sold on 5 June 2023 for AED 287,000, or AED 635 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 March 2023, is AED 25,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 6,200 a year.

Sales and rents for 704 over time

Rents
Unit 704, each contractTypical studio in La Vista 6
20K30K40K2017201920212023Typical rent by year: 2020 AED 24,000; 2021 AED 23,000; 2022 AED 29,000New contract, February 2017: AED 40,000 a yearNew contract, May 2018: AED 37,000 a yearNew contract, January 2020: AED 25,000 a yearNew contract, March 2021: AED 21,000 a yearRenewal, March 2022: AED 23,000 a yearRenewal, March 2023: AED 25,000 a year

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

Studios in La Vista 6, and where 704 sits

All 3 studios →
Recent studio salesUnit no.Price (AED)Summary
6 Sep 2015480,000
1 Jun 2015983,088
25 May 2015410,000
10 Nov 2014395,000
0 studio sales in the last 12 months

La Vista 6

Building

17 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2013 by Al Manal Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 52K /yr
Typical yield
La Vista 6, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 17 units in La Vista 6
Value
7101-bedAED 578K · Jun 2015
7111-bedAED 804K · Sep 2014

704, La Vista 6 in numbers

  • Sold twice: first on 10 November 2014 for AED 395,000, last on 5 June 2023 for AED 287,000 (AED 635 per sqft).
  • Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 21,000 in 2021 and recovered to AED 25,000 by March 2023.
  • At AED 25,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 6,200 a year (AED 13.76 per sqft).

Source: Dubai Land Department. Updated 5 June 2023.

Questions about 704, La Vista 6

What did unit 704 last sell for?

AED 287,000 on 5 June 2023: AED 635 per sqft for 451 sqft. The unit has 2 registered sales; the first was AED 395,000 in November 2014.

What is the rent for unit 704?

AED 25,000 a year on the contract renewed on 20 March 2023. The previous contract, from March 2022, was AED 23,000; the unit has been rented since February 2017.

How big is unit 704?

451 sqft (41.9 sqm): a studio on the 7th floor of a 8-storey tower completed in 2013.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 704, La Vista 6

Starts from the last sale price (AED 287K, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 287,000
Deposit, UAE resident (20%)
AED 57,400
Deposit, non-resident (40%)
AED 114,800
Monthly over 25 years at 3.7%
AED 1,174

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