Studio · 454 sqftLynx Residence, Dubai Silicon Oasis · 6th floor · completed 2010

609, Lynx Residence

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

Unit 609 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 430K8 August 2024
Current rentAED 38K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Lynx Residence

What is 609 worth today?

Last sold for AED 430,000 in 2024

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8 Aug 2024SoldReady
AED 430,000AED 946 per sqft
1 Aug 2023RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
1 Nov 2022RentedNew contract
AED 37,200/yr12 months · AED 82 per sqft
1 Oct 2020RentedNew contract
AED 21,000/yr12 months · AED 46 per sqft
2 Nov 2019RentedNew contract
AED 29,500/yr12 months · AED 65 per sqft
4 Sep 2018Sold by developerOff-plan
AED 390,912AED 860 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
6th of 11
Parking
B3-385
Developer
Earth Developers
Completed
2010
Service charge
AED 5,400 /yr
Last sold
AED 430K · August 2024

About 609, Lynx Residence

609 is a studio of 454 sqft on the 6th floor of Lynx Residence, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Earth Developers. It last sold on 8 August 2024 for AED 430,000, or AED 946 per sqft, 17% above the AED 809 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 August 2023, is AED 38,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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 390,912 (AED 860 per sqft)Sold, August 2024: AED 430,000 (AED 946 per sqft)

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

Rents
Unit 609, 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 2019: AED 29,500 a yearNew contract, October 2020: AED 21,000 a yearNew contract, November 2022: AED 37,200 a yearNew contract, August 2023: 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 609 sits

All 65 studios →

609 last sold in August 2024 at AED 946 per sqft, 17% above what studios in Lynx Residence were fetching at the time (AED 809). 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. 609'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 6th floor

All 143 units in Lynx Residence
Value
601StudioAED 350K · May 2024
6021-bedAED 720K · Oct 2018
6031-bedAED 350K · Oct 2026
6041-bedAED 700K · Jun 2025
605StudioAED 340K · Sep 2018
606StudioAED 440K · May 2024
607StudioAED 500K · Jun 2026
1–7 of 13

609, Lynx Residence in numbers

  • Sold twice: first on 4 September 2018 for AED 390,912, last on 8 August 2024 for AED 430,000 (AED 946 per sqft).
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 29,500 to AED 21,000 in 2020 and recovered to AED 38,000 by August 2023.
  • At AED 38,000 a year the gross yield on the 2024 price is 8.8%, 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 8 August 2024.

Questions about 609, Lynx Residence

What did unit 609 last sell for?

AED 430,000 on 8 August 2024: AED 946 per sqft for 454 sqft. The unit has 2 registered sales; the first was AED 390,912 in September 2018.

What is the rent for unit 609?

AED 38,000 a year on the contract signed on 1 August 2023. The previous contract, from November 2022, was AED 37,200; the unit has been rented since November 2019.

How big is unit 609?

454 sqft (42.2 sqm): a studio on the 6th floor of a 11-storey tower completed in 2010.

What is unit 609 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 609, Lynx Residence

Starts from the last sale price (AED 430K, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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