Studio · 454 sqftLynx Residence, Dubai Silicon Oasis · 4th floor · completed 2010

408, Lynx Residence

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 7 December 2024
Last soldAED 337K3 September 2018
Current rentAED 38K /yr7 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Lynx Residence

What is 408 worth today?

Last sold for AED 337,000 in 2018

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7 Dec 2024RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
7 Dec 2024RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
7 Dec 2023RentedRenewal
AED 30,000/yr12 months · AED 66 per sqft
7 Dec 2022RentedNew contract
AED 28,000/yr12 months · AED 62 per sqft
23 Dec 2019RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft
3 Dec 2018RentedNew contract
AED 32,000/yr12 months · AED 71 per sqft
3 Sep 2018Sold by developerOff-plan
AED 337,000AED 741 per sqft

Source: Dubai Land Department. Updated 7 December 2024.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
4th of 11
Parking
B3-346
Developer
Earth Developers
Completed
2010
Service charge
AED 5,400 /yr
Last sold
AED 337K · September 2018

About 408, Lynx Residence

408 is a studio of 454 sqft on the 4th floor of Lynx Residence, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Earth Developers. The developer sold it on 3 September 2018 for AED 337,000, or AED 741 per sqft, 8% below the AED 807 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 7 December 2024, is AED 38,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 5,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Lynx Residence
400K2012201620202024Typical sale price by year: 2012 AED 355,000; 2016 AED 374,160; 2017 AED 394,525; 2018 AED 373,079; 2019 AED 320,000; 2020 AED 248,033; 2021 AED 275,000; 2022 AED 300,000; 2023 AED 340,000; 2024 AED 412,500; 2025 AED 475,000; 2026 AED 492,500Sold by developer, September 2018: AED 337,000 (AED 741 per sqft)

408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Lynx Residence
20K30K40K2018202120242027Typical rent by year: 2018 AED 33,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 21,500; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 38,000; 2025 AED 41,000; 2026 AED 42,000New contract, December 2018: AED 32,000 a yearNew contract, December 2019: AED 25,000 a yearNew contract, December 2022: AED 28,000 a yearRenewal, December 2023: AED 30,000 a yearNew contract, December 2024: AED 38,000 a yearNew contract, December 2024: AED 38,000 a year

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

Studios in Lynx Residence, and where 408 sits

All 65 studios →

408 last sold in September 2018 at AED 741 per sqft, 8% below what studios in Lynx Residence were fetching at the time (AED 807). Over the last 12 months studios sold for AED 470,000 to 535,000, around AED 1,100 per sqft, and rent for AED 32,005 to 60,000 a year. 408's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026485,000
17 Aug 2026470,000
8 Jul 2026470,000
17 Jun 2026500,000
7 studio 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 4th floor

All 143 units in Lynx Residence
Value
401StudioAED 470K · Aug 2026
4021-bedAED 778K · Apr 2012
4031-bedAED 620K · Oct 2018
4041-bedAED 820K · Mar 2026
405StudioAED 380K · Sep 2018
406StudioAED 470K · Mar 2025
407StudioAED 480K · Feb 2025
1–7 of 13

408, Lynx Residence in numbers

  • Sold once: by Earth Developers on 3 September 2018 for AED 337,000, or AED 741 per sqft.
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 25,000 in 2019 and recovered to AED 38,000 by December 2024.
  • At AED 38,000 a year the gross yield on the 2018 price is 11.3%, before a service charge of about AED 5,400 a year (AED 11.95 per sqft).
  • Studios in Lynx Residence sold for AED 470,000–535,000 in the 12 months to November 2026; the building's median across all types is AED 996 per sqft.

Source: Dubai Land Department. Updated 7 December 2024.

Questions about 408, Lynx Residence

What did unit 408 last sell for?

AED 337,000 on 3 September 2018, sold by the developer: AED 741 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 38,000 a year on the contract signed on 7 December 2024. The previous contract, from December 2024, was AED 38,000; the unit has been rented since December 2018.

How big is unit 408?

454 sqft (42.2 sqm): a studio on the 4th floor of a 11-storey tower completed in 2010.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lynx Residence sold for AED 470,000 to 535,000 in the last 12 months, around AED 1,100 per sqft.

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Mortgage on 408, Lynx Residence

Starts from the last sale price (AED 337K, 3 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 337,000
Deposit, UAE resident (20%)
AED 67,400
Deposit, non-resident (40%)
AED 134,800
Monthly over 25 years at 3.7%
AED 1,379

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