Studio · 454 sqftLynx Residence, Dubai Silicon Oasis · 5th floor · completed 2010

506, Lynx Residence

Sold prices and rental history: sold 3 times, last in August 2025, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 6 August 2025
Last soldAED 350K6 August 2025
Current rentAED 30K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Lynx Residence

What is 506 worth today?

Last sold for AED 350,000 in 2025

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6 Aug 2025SoldReady
AED 350,000AED 770 per sqft
22 Nov 2024RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
27 Dec 2023SoldReady
AED 338,307AED 744 per sqft
15 Feb 2015Sold by developerOff-plan
AED 359,000AED 790 per sqft

Source: Dubai Land Department. Updated 6 August 2025.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
5th of 11
Parking
B3-362
Developer
Earth Developers
Completed
2010
Service charge
AED 5,400 /yr
Last sold
AED 350K · August 2025

About 506, Lynx Residence

506 is a studio of 454 sqft on the 5th floor of Lynx Residence, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Earth Developers. It last sold on 6 August 2025 for AED 350,000, or AED 770 per sqft, 19% below the AED 949 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 November 2024. The current contract, signed on 22 November 2024, is AED 30,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 5,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, February 2015: AED 359,000 (AED 790 per sqft)Sold, December 2023: AED 338,307 (AED 744 per sqft)Sold, August 2025: AED 350,000 (AED 770 per sqft)

506 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 506, 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, November 2024: AED 30,000 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 506 sits

All 65 studios →

506 last sold in August 2025 at AED 770 per sqft, 19% below what studios in Lynx Residence were fetching at the time (AED 949). 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. 506's AED 30,000 is at the bottom 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 5th floor

All 143 units in Lynx Residence
Value
501StudioAED 315K · May 2019
5021-bedAED 895K · May 2026
5031-bedAED 559K · Sep 2018
5041-bedAED 525K · May 2024
505StudioAED 315K · Sep 2022
507StudioAED 339K · Sep 2018
508StudioAED 250K · Mar 2021
1–7 of 13

506, Lynx Residence in numbers

  • Sold 3 times: first on 15 February 2015 for AED 359,000, last on 6 August 2025 for AED 350,000 (AED 770 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2025 price is 8.6%, 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 6 August 2025.

Questions about 506, Lynx Residence

What did unit 506 last sell for?

AED 350,000 on 6 August 2025: AED 770 per sqft for 454 sqft. The unit has 3 registered sales; the first was AED 359,000 in February 2015.

What is the rent for unit 506?

AED 30,000 a year on the contract signed on 22 November 2024.

How big is unit 506?

454 sqft (42.2 sqm): a studio on the 5th floor of a 11-storey tower completed in 2010.

What is unit 506 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 506, Lynx Residence

Starts from the last sale price (AED 350K, 6 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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