Studio · 472 sqftLynx Residence, Dubai Silicon Oasis · 7th floor · completed 2010

701, Lynx Residence

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 384K4 September 2018
Current rentAED 40K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Lynx Residence

What is 701 worth today?

Last sold for AED 383,632 in 2018

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20 Sep 2024RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Jul 2023RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
21 Dec 2021RentedRenewal
AED 21,000/yr12 months · AED 44 per sqft
21 Dec 2020RentedNew contract
AED 20,000/yr12 months · AED 42 per sqft
4 Sep 2018Sold by developerOff-plan
AED 383,632AED 812 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
7th of 11
Parking
B3-391
Developer
Earth Developers
Completed
2010
Service charge
AED 5,600 /yr
Last sold
AED 384K · September 2018

About 701, Lynx Residence

701 is a studio of 472 sqft on the 7th floor of Lynx Residence, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Earth Developers. The developer sold it on 4 September 2018 for AED 383,632, or AED 812 per sqft, in line with the AED 810 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 September 2024, is AED 40,000 a year: a gross yield of 10.4% on the 2018 price, before the service charge of about AED 5,600 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 383,632 (AED 812 per sqft)

701 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 701, 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, December 2020: AED 20,000 a yearRenewal, December 2021: AED 21,000 a yearNew contract, July 2023: AED 30,000 a yearNew contract, September 2024: AED 40,000 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 701 sits

All 65 studios →

701 last sold in September 2018 at AED 812 per sqft, in line with what studios in Lynx Residence were fetching at the time (AED 810). 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. 701's AED 40,000 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 7th floor

All 143 units in Lynx Residence
Value
7021-bedAED 809K · Oct 2018
7031-bedAED 750K · Nov 2025
7041-bedAED 420K · Jun 2019
705StudioAED 377K · Sep 2018
706StudioAED 290K · Mar 2020
707StudioAED 367K · Sep 2018
708StudioAED 374K · Sep 2018
1–7 of 13

701, Lynx Residence in numbers

  • Sold once: by Earth Developers on 4 September 2018 for AED 383,632, or AED 812 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 20,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 10.4%, before a service charge of about AED 5,600 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 20 September 2024.

Questions about 701, Lynx Residence

What did unit 701 last sell for?

AED 383,632 on 4 September 2018, sold by the developer: AED 812 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 40,000 a year on the contract signed on 20 September 2024. The previous contract, from July 2023, was AED 30,000; the unit has been rented since December 2020.

How big is unit 701?

472 sqft (43.9 sqm): a studio on the 7th floor of a 11-storey tower completed in 2010.

What is unit 701 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 701, Lynx Residence

Starts from the last sale price (AED 384K, 4 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 383,632
Deposit, UAE resident (20%)
AED 76,726
Deposit, non-resident (40%)
AED 153,453
Monthly over 25 years at 3.7%
AED 1,570

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