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

509, Lynx Residence

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 375K25 January 2024
Current rentAED 25K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Lynx Residence

What is 509 worth today?

Last sold for AED 375,000 in 2024

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25 Jan 2024SoldReady
AED 375,000AED 825 per sqft
15 Apr 2023RentedRenewal
AED 25,300/yr12 months · AED 56 per sqft
15 Apr 2022RentedRenewal
AED 22,000/yr12 months · AED 48 per sqft
15 Apr 2021RentedNew contract
AED 20,000/yr12 months · AED 44 per sqft
25 Mar 2019RentedNew contract
AED 31,000/yr12 months · AED 68 per sqft
4 Sep 2018Sold by developerOff-plan
AED 339,000AED 746 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
5th of 11
Parking
B3-365
Developer
Earth Developers
Completed
2010
Service charge
AED 5,400 /yr
Last sold
AED 375K · January 2024

About 509, Lynx Residence

509 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 25 January 2024 for AED 375,000, or AED 825 per sqft, 10% above the AED 748 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 25,300 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 339,000 (AED 746 per sqft)Sold, January 2024: AED 375,000 (AED 825 per sqft)

509 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 509, 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, March 2019: AED 31,000 a yearNew contract, April 2021: AED 20,000 a yearRenewal, April 2022: AED 22,000 a yearRenewal, April 2023: AED 25,300 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 509 sits

All 65 studios →

509 last sold in January 2024 at AED 825 per sqft, 10% above what studios in Lynx Residence were fetching at the time (AED 748). 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. 509's AED 25,300 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
506StudioAED 350K · Aug 2025
507StudioAED 339K · Sep 2018
1–7 of 13

509, Lynx Residence in numbers

  • Sold twice: first on 4 September 2018 for AED 339,000, last on 25 January 2024 for AED 375,000 (AED 825 per sqft).
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 31,000 to AED 20,000 in 2021 and recovered to AED 25,300 by April 2023.
  • At AED 25,300 a year the gross yield on the 2024 price is 6.8%, 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 January 2024.

Questions about 509, Lynx Residence

What did unit 509 last sell for?

AED 375,000 on 25 January 2024: AED 825 per sqft for 454 sqft. The unit has 2 registered sales; the first was AED 339,000 in September 2018.

What is the rent for unit 509?

AED 25,300 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 22,000; the unit has been rented since March 2019.

How big is unit 509?

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

What is unit 509 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 509, Lynx Residence

Starts from the last sale price (AED 375K, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

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