Studio · 441 sqftOasis High Park, Dubai Silicon Oasis · 5th floor · completed 2009

516, Oasis High Park

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 312K29 January 2013
Current rentAED 35K /yr4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Oasis High Park

What is 516 worth today?

Last sold for AED 312,000 in 2013

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4 Oct 2023RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
15 Jan 2021RentedNew contract
AED 21,000/yr12 months · AED 48 per sqft
1 Jan 2020RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
1 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
5 Mar 2018RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
5 Mar 2017RentedRenewal
AED 38,000/yr12 months · AED 86 per sqft
5 Mar 2016RentedRenewal
AED 38,000/yr12 months · AED 86 per sqft
5 Mar 2015RentedNew contract
AED 34,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 4 October 2023.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
5th of 8
Parking
PGL-81
Developer
Mohd Hussain & Bros
Completed
2009
Service charge
AED 5,700 /yr
Last sold
AED 312K · January 2013

About 516, Oasis High Park

516 is a studio of 441 sqft on the 5th floor of Oasis High Park, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Mohd Hussain & Bros. The developer sold it on 29 January 2013 for AED 312,000, or AED 707 per sqft, 11% below the AED 791 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 4 October 2023, is AED 35,000 a year: a gross yield of 11.2% on the 2013 price, before the service charge of about AED 5,700 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Oasis High Park
300K400K500K2012201620202024Typical sale price by year: 2012 AED 382,314; 2013 AED 300,437; 2014 AED 442,289; 2015 AED 420,000; 2016 AED 415,000; 2018 AED 375,000; 2022 AED 275,000; 2023 AED 312,500; 2024 AED 361,780; 2025 AED 432,500; 2026 AED 485,000Sold by developer, January 2013: AED 312,000 (AED 707 per sqft)

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

Rents
Unit 516, each contractTypical studio in Oasis High Park
20K30K40K2012201620202024Typical rent by year: 2012 AED 26,500; 2013 AED 28,000; 2014 AED 35,000; 2015 AED 42,000; 2016 AED 42,000; 2017 AED 40,000; 2018 AED 36,375; 2019 AED 30,000; 2020 AED 26,000; 2021 AED 22,000; 2022 AED 25,300; 2023 AED 30,800; 2024 AED 36,500; 2025 AED 40,000; 2026 AED 42,000New contract, March 2015: AED 34,000 a yearRenewal, March 2016: AED 38,000 a yearRenewal, March 2017: AED 38,000 a yearRenewal, March 2018: AED 40,000 a yearNew contract, April 2019: AED 30,000 a yearNew contract, January 2020: AED 27,000 a yearNew contract, January 2021: AED 21,000 a yearNew contract, October 2023: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Oasis High Park, and where 516 sits

All 98 studios →

516 last sold in January 2013 at AED 707 per sqft, 11% below what studios in Oasis High Park were fetching at the time (AED 791). Over the last 12 months studios sold for AED 462,500 to 495,000, around AED 1,085 per sqft, and rent for AED 30,000 to 54,000 a year. 516's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Sep 2026480,000
3 Sep 2026490,000
27 Aug 2026462,500
4 Feb 2026495,000
5 studio sales in the last 12 months

Oasis High Park

Building

152 apartments, studios to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Mohd Hussain & Bros. 7 sold in the last 12 months.

Typical price per sqft
AED 1,045
Typical sale
AED 490K
Typical rent
AED 45K /yr
Typical yield
7.9%
Oasis High Park, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 152 units in Oasis High Park
Value
5011-bedAED 500K · Nov 2023
5022-bedAED 690K · Mar 2021
5031-bedAED 675K · Jun 2017
504StudioAED 420K · Jul 2025
505StudioAED 320K · Dec 2013
506StudioAED 310K · Aug 2023
507StudioAED 200K · Nov 2023
1–7 of 16

516, Oasis High Park in numbers

  • Sold once: by Mohd Hussain & Bros on 29 January 2013 for AED 312,000, or AED 707 per sqft.
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 21,000 in 2021 and recovered to AED 35,000 by October 2023.
  • At AED 35,000 a year the gross yield on the 2013 price is 11.2%, before a service charge of about AED 5,700 a year (AED 12.97 per sqft).
  • Studios in Oasis High Park sold for AED 462,500–495,000 in the 12 months to November 2026; the building's median across all types is AED 1,045 per sqft.

Source: Dubai Land Department. Updated 4 October 2023.

Questions about 516, Oasis High Park

What did unit 516 last sell for?

AED 312,000 on 29 January 2013, sold by the developer: AED 707 per sqft for 441 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 35,000 a year on the contract signed on 4 October 2023. The previous contract, from January 2021, was AED 21,000; the unit has been rented since March 2015.

How big is unit 516?

441 sqft (41.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2009.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Oasis High Park sold for AED 462,500 to 495,000 in the last 12 months, around AED 1,085 per sqft.

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Mortgage on 516, Oasis High Park

Starts from the last sale price (AED 312K, 29 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 312,000
Deposit, UAE resident (20%)
AED 62,400
Deposit, non-resident (40%)
AED 124,800
Monthly over 25 years at 3.7%
AED 1,276

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