508, Lynx Residence
Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Lynx Residence
What is 508 worth today?
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Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 454 sqft
- Floor
- 5th of 11
- Parking
- B3-364
- Developer
- Earth Developers
- Completed
- 2010
- Service charge
- AED 5,400 /yr
- Last sold
- AED 250K · March 2021
- Building
- Lynx Residence
About 508, Lynx Residence
508 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 15 March 2021 for AED 250,000, or AED 550 per sqft, in line with the AED 546 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 25 April 2025, is AED 37,000 a year: a gross yield of 14.8% on the 2021 price, before the service charge of about AED 5,400 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the studio median of each year in the building.
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 508 sits
All 65 studios →508 last sold in March 2021 at AED 550 per sqft, in line with what studios in Lynx Residence were fetching at the time (AED 546). 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. 508's AED 37,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 454 sqft | 485,000 | 1,067 | ||
| 17 Aug 202617 August 2026 | 472 sqft | 470,000 | 995 | ||
| 8 Jul 20268 July 2026 | 454 sqft | 470,000 | 1,034 | ||
| 17 Jun 202617 June 2026 | 454 sqft | 500,000 | 1,100 |
Lynx Residence
Building143 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%
Other units on the 5th floor
All 143 units in Lynx Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 472 sqft | AED 315KAED 315,000 · May 2019May 2019 | 41,000 /yr | |
| 502 | 1-bed | 977 sqft | AED 895KAED 895,000 · May 2026May 2026 | 65,000 /yr | |
| 503 | 1-bed | 753 sqft | AED 559KAED 559,000 · Sep 2018September 2018 | 55,000 /yr | |
| 504 | 1-bed | 866 sqft | AED 525KAED 525,000 · May 2024May 2024 | 68,000 /yr | |
| 505 | Studio | 454 sqft | AED 315KAED 315,000 · Sep 2022September 2022 | 36,000 /yr | |
| 506 | Studio | 454 sqft | AED 350KAED 350,000 · Aug 2025August 2025 | 30,000 /yr | |
| 507 | Studio | 454 sqft | AED 339KAED 339,000 · Sep 2018September 2018 | 40,000 /yr | |
| 509 | Studio | 454 sqft | AED 375KAED 375,000 · Jan 2024January 2024 | 25,300 /yr | |
| 510 | Studio | 454 sqft | AED 510KAED 510,000 · Sep 2025September 2025 | 20,000 /yr | |
| 511 | Studio | 454 sqft | AED 420KAED 420,000 · Jul 2024July 2024 | 40,000 /yr | |
| 512 | 1-bed | 759 sqft | AED 559KAED 559,000 · Sep 2018September 2018 | 50,000 /yr | |
| 513 | 2-bed | 1,498 sqft | AED 727KAED 726,850 · May 2023May 2023 | 55,000 /yr | |
| 514 | 3-bed | 2,333 sqft | AED 1.69MAED 1,690,000 · May 2024May 2024 | 130,000 /yr |
508, Lynx Residence in numbers
- Sold twice: first on 4 September 2018 for AED 426,258, last on 15 March 2021 for AED 250,000 (AED 550 per sqft).
- Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 33,000 to AED 21,000 in 2021 and recovered to AED 37,000 by April 2025.
- At AED 37,000 a year the gross yield on the 2021 price is 14.8%, 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 25 April 2025.
Questions about 508, Lynx Residence
What did unit 508 last sell for?
AED 250,000 on 15 March 2021: AED 550 per sqft for 454 sqft. The unit has 2 registered sales; the first was AED 426,258 in September 2018.
What is the rent for unit 508?
AED 37,000 a year on the contract renewed on 25 April 2025. The previous contract, from April 2024, was AED 36,000; the unit has been rented since September 2018.
How big is unit 508?
454 sqft (42.2 sqm): a studio on the 5th floor of a 11-storey tower completed in 2010.
What is unit 508 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 508, Lynx Residence
Starts from the last sale price (AED 250K, 15 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →