2-bed · 1,229 sqftLynx Residence, Dubai Silicon Oasis · 2nd floor · completed 2010

215, Lynx Residence

Sold prices and rental history: sold twice, last in March 2021, and rented once, from February 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 17 March 2021
Last soldAED 610K17 March 2021
Current rentAED 65K /yr20 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Lynx Residence

What is 215 worth today?

Last sold for AED 610,000 in 2021

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17 Mar 2021SoldReady
AED 610,000AED 496 per sqft
20 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
3 Sep 2018Sold by developerOff-plan
AED 589,385AED 479 per sqft

Source: Dubai Land Department. Updated 17 March 2021.

Key facts

Type
2-bed apartment
Size
1,229 sqft
Floor
2nd of 11
Parking
B3-319, B3-320
Developer
Earth Developers
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 610K · March 2021

About 215, Lynx Residence

215 is a two-bedroom apartment of 1,229 sqft on the 2nd floor of Lynx Residence, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Earth Developers. It last sold on 17 March 2021 for AED 610,000, or AED 496 per sqft, 4% above the AED 475 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2019. The current contract, signed on 20 February 2019, is AED 65,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 14,700 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical two-bed in Lynx Residence
500K1M2018202020222024Typical sale price by year: 2018 AED 1,161,300; 2023 AED 787,500Sold by developer, September 2018: AED 589,385 (AED 479 per sqft)Sold, March 2021: AED 610,000 (AED 496 per sqft)

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

Rents
Unit 215, each contractTypical two-bed in Lynx Residence
60K80K2018202120242027Typical rent by year: 2018 AED 75,000; 2019 AED 65,000; 2020 AED 59,836; 2021 AED 54,500; 2022 AED 55,000; 2023 AED 59,360; 2024 AED 82,000; 2025 AED 68,000; 2026 AED 78,000New contract, February 2019: AED 65,000 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 Lynx Residence, and where 215 sits

All 18 2-beds →

215 last sold in March 2021 at AED 496 per sqft, 4% above what two-beds in Lynx Residence were fetching at the time (AED 475). Over the last 12 months two-beds sold for AED 1,290,000 to 1,500,000, around AED 1,025 per sqft, and rent for AED 65,000 to 96,000 a year. 215's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Aug 20261,500,000
13 May 20261,290,000
24 Dec 20241,000,000
28 Jun 20241,200,000
2 2-bed sales in the last 12 months

Lynx Residence

Building

143 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Earth Developers. 17 sold in the last 12 months.

Typical price per sqft
AED 996 Up 10.7%
Typical sale
AED 680K
Typical rent
AED 48K /yr
Typical yield
8.3%
Lynx Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 143 units in Lynx Residence
Value
201StudioAED 314K · Nov 2018
2021-bedAED 900K · Sep 2026
2031-bedAED 624K · Jul 2011
2041-bedAED 610K · Jul 2024
205StudioAED 349K · Sep 2018
206StudioAED 350K · Jun 2023
207StudioAED 350K · Aug 2023
1–7 of 14

215, Lynx Residence in numbers

  • Sold twice: first on 3 September 2018 for AED 589,385, last on 17 March 2021 for AED 610,000 (AED 496 per sqft).
  • Rented since February 2019 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 14,700 a year (AED 11.95 per sqft).
  • Two-beds in Lynx Residence sold for AED 1,290,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 996 per sqft.

Source: Dubai Land Department. Updated 17 March 2021.

Questions about 215, Lynx Residence

What did unit 215 last sell for?

AED 610,000 on 17 March 2021: AED 496 per sqft for 1,229 sqft. The unit has 2 registered sales; the first was AED 589,385 in September 2018.

What is the rent for unit 215?

AED 65,000 a year on the contract signed on 20 February 2019.

How big is unit 215?

1,229 sqft (114.2 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2010.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Lynx Residence sold for AED 1,290,000 to 1,500,000 in the last 12 months, around AED 1,025 per sqft.

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Mortgage on 215, Lynx Residence

Starts from the last sale price (AED 610K, 17 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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