2-bed · 1,295 sqftSapphire Residence, Dubai Silicon Oasis · 2nd floor · completed 2010

202, Sapphire Residence

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 13 August 2024
Last soldAED 960K13 August 2024
Current rentAED 62K /yr19 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Sapphire Residence

What is 202 worth today?

Last sold for AED 960,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 Aug 2024SoldReady
AED 960,000AED 741 per sqft
19 Dec 2022RentedRenewal
AED 62,000/yr12 months · AED 48 per sqft
19 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 43 per sqft
1 Jun 2020RentedNew contract
AED 49,862/yr12 months · AED 39 per sqft
22 Jan 2019RentedRenewal
AED 72,000/yr12 months · AED 56 per sqft
22 Jan 2018RentedNew contract
AED 78,000/yr12 months · AED 60 per sqft
6 Nov 2017RentedNew contract
AED 78,000/yr3 months · AED 60 per sqft
6 Nov 2017RentedNew contract
AED 78,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 13 August 2024.

Key facts

Type
2-bed apartment
Size
1,295 sqft
Floor
2nd of 8
Parking
B - 24, 27
Developer
Deyaar
Completed
2010
Service charge
AED 20,100 /yr
Last sold
AED 960K · August 2024

About 202, Sapphire Residence

202 is a two-bedroom apartment of 1,295 sqft on the 2nd floor of Sapphire Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 13 August 2024 for AED 960,000, or AED 741 per sqft, in line with the AED 748 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 19 December 2022, is AED 62,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 20,100 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical two-bed in Sapphire Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,611,103; 2013 AED 843,404; 2014 AED 949,108; 2015 AED 924,000; 2017 AED 892,500; 2024 AED 980,000; 2025 AED 1,060,000Sold by developer, March 2014: AED 1,023,398 (AED 790 per sqft)Sold, August 2024: AED 960,000 (AED 741 per sqft)

202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 202, each contractTypical two-bed in Sapphire Residence
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 56,000; 2014 AED 70,000; 2015 AED 70,000; 2016 AED 76,650; 2017 AED 78,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 51,500; 2022 AED 53,000; 2023 AED 63,000; 2024 AED 71,488; 2025 AED 74,000; 2026 AED 74,000New contract, January 2013: AED 58,000 a yearRenewal, January 2014: AED 58,000 a yearNew contract, January 2015: AED 73,000 a yearRenewal, January 2016: AED 76,650 a yearRenewal, January 2017: AED 76,857 a yearNew contract, November 2017: AED 78,000 a yearNew contract, November 2017: AED 78,000 a yearNew contract, January 2018: AED 78,000 a yearRenewal, January 2019: AED 72,000 a yearNew contract, June 2020: AED 49,862 a yearNew contract, December 2021: AED 55,000 a yearRenewal, December 2022: AED 62,000 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 Sapphire Residence, and where 202 sits

All 24 2-beds →

202 last sold in August 2024 at AED 741 per sqft, in line with what two-beds in Sapphire Residence were fetching at the time (AED 748). Over the last 12 months two-beds sold for AED 1,100,000 to 1,125,000, around AED 1,000 per sqft, and rent for AED 66,000 to 95,000 a year. 202's AED 62,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,100,000
14 Jan 20261,125,000
7 Oct 20251,285,000
2 Oct 20251,070,000
2 2-bed sales in the last 12 months

Sapphire Residence

Building

89 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Deyaar. 8 sold in the last 12 months.

Typical price per sqft
AED 938
Typical sale
AED 730K
Typical rent
AED 60K /yr
Typical yield
7.8%
Sapphire Residence, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 89 units in Sapphire Residence
Value
2011-bedAED 370K · Aug 2022
2031-bedAED 450K · May 2024
2041-bedAED 750K · Jul 2026
2051-bedAED 623K · Jan 2014
2061-bedAED 600K · Nov 2013
2071-bedAED 590K · Oct 2016
2081-bedAED 400K · Aug 2022
1–7 of 12

202, Sapphire Residence in numbers

  • Sold twice: first on 16 March 2014 for AED 1,023,398, last on 13 August 2024 for AED 960,000 (AED 741 per sqft).
  • Rented since January 2013 on 12 Ejari contracts. The rent fell from AED 58,000 to AED 49,862 in 2020 and recovered to AED 62,000 by December 2022.
  • At AED 62,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 20,100 a year (AED 15.52 per sqft).
  • Two-beds in Sapphire Residence sold for AED 1,100,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 938 per sqft.

Source: Dubai Land Department. Updated 13 August 2024.

Questions about 202, Sapphire Residence

What did unit 202 last sell for?

AED 960,000 on 13 August 2024: AED 741 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 1,023,398 in March 2014.

What is the rent for unit 202?

AED 62,000 a year on the contract renewed on 19 December 2022. The previous contract, from December 2021, was AED 55,000; the unit has been rented since January 2013.

How big is unit 202?

1,295 sqft (120.3 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sapphire Residence sold for AED 1,100,000 to 1,125,000 in the last 12 months, around AED 1,000 per sqft.

Selling 202? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 202, Sapphire Residence

Starts from the last sale price (AED 960K, 13 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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