2-bed · 1,498 sqftLynx Residence, Dubai Silicon Oasis · 5th floor · completed 2010

513, Lynx Residence

Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 727K19 May 2023
Current rentAED 55K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Lynx Residence

What is 513 worth today?

Last sold for AED 726,850 in 2023

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19 May 2023SoldReady
AED 726,850AED 485 per sqft
15 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 37 per sqft
15 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 33 per sqft
17 Sep 2020SoldReady
AED 678,960AED 453 per sqft
11 Sep 2012Sold by developerOff-plan
AED 1,101,000AED 735 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
5th of 11
Parking
B3-367, B3-368
Developer
Earth Developers
Completed
2010
Service charge
AED 17,900 /yr
Last sold
AED 727K · May 2023

About 513, Lynx Residence

513 is a two-bedroom apartment of 1,498 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 19 May 2023 for AED 726,850, or AED 485 per sqft, 5% below the AED 513 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 December 2022, is AED 55,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 17,900 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical two-bed in Lynx Residence
750K1M20122015201820212024Typical sale price by year: 2018 AED 1,161,300; 2023 AED 787,500Sold by developer, September 2012: AED 1,101,000 (AED 735 per sqft)Sold, September 2020: AED 678,960 (AED 453 per sqft)Sold, May 2023: AED 726,850 (AED 485 per sqft)

513 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 513, 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, December 2021: AED 50,000 a yearNew contract, December 2022: AED 55,000 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 513 sits

All 18 2-beds →

513 last sold in May 2023 at AED 485 per sqft, 5% below what two-beds in Lynx Residence were fetching at the time (AED 513). 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. 513's AED 55,000 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 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

513, Lynx Residence in numbers

  • Sold 3 times: first on 11 September 2012 for AED 1,101,000, last on 19 May 2023 for AED 726,850 (AED 485 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 17,900 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 19 May 2023.

Questions about 513, Lynx Residence

What did unit 513 last sell for?

AED 726,850 on 19 May 2023: AED 485 per sqft for 1,498 sqft. The unit has 3 registered sales; the first was AED 1,101,000 in September 2012.

What is the rent for unit 513?

AED 55,000 a year on the contract signed on 15 December 2022. The previous contract, from December 2021, was AED 50,000.

How big is unit 513?

1,498 sqft (139.2 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2010.

What is unit 513 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 513, Lynx Residence

Starts from the last sale price (AED 727K, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 726,850
Deposit, UAE resident (20%)
AED 145,370
Deposit, non-resident (40%)
AED 290,740
Monthly over 25 years at 3.7%
AED 2,974

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