1-bed · 773 sqftSapphire Residence, Dubai Silicon Oasis · 3rd floor · completed 2010

305, Sapphire Residence

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 664K2 March 2015
Current rentAED 40K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Sapphire Residence

What is 305 worth today?

Last sold for AED 664,007 in 2015

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1 Apr 2023RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
1 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
1 Apr 2020RentedNew contract
AED 37,000/yr12 months · AED 48 per sqft
11 May 2016RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
12 May 2015RentedRenewal
AED 46,287/yr12 months · AED 60 per sqft
2 Mar 2015Sold by developerReady
AED 664,007AED 859 per sqft
12 May 2014RentedNew contract
AED 40,250/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
B - 21
Developer
Deyaar
Completed
2010
Service charge
AED 12,000 /yr
Last sold
AED 664K · March 2015

About 305, Sapphire Residence

305 is a one-bedroom apartment of 773 sqft on the 3rd floor of Sapphire Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. The developer sold it on 2 March 2015 for AED 664,007, or AED 859 per sqft, 28% above the AED 673 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 40,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 12,000 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Sapphire Residence
250K500K750K2009201420192024Typical sale price by year: 2009 AED 718,762; 2010 AED 480,000; 2012 AED 755,574; 2013 AED 560,281; 2014 AED 520,137; 2015 AED 640,000; 2016 AED 595,000; 2017 AED 575,000; 2018 AED 285,000; 2022 AED 370,000; 2023 AED 425,000; 2024 AED 532,500; 2025 AED 655,000; 2026 AED 715,000Sold by developer, March 2015: AED 664,007 (AED 859 per sqft)

305 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 305, each contractTypical one-bed in Sapphire Residence
40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 36,750; 2014 AED 50,000; 2015 AED 55,650; 2016 AED 55,000; 2017 AED 55,500; 2018 AED 48,129; 2019 AED 44,000; 2020 AED 37,000; 2021 AED 31,000; 2022 AED 34,500; 2023 AED 40,500; 2024 AED 47,250; 2025 AED 55,000; 2026 AED 57,000New contract, May 2014: AED 40,250 a yearRenewal, May 2015: AED 46,287 a yearNew contract, May 2016: AED 50,000 a yearNew contract, April 2020: AED 37,000 a yearRenewal, April 2022: AED 30,000 a yearRenewal, April 2023: AED 40,000 a year

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

1-beds in Sapphire Residence, and where 305 sits

All 59 1-beds →

305 last sold in March 2015 at AED 859 per sqft, 28% above what one-beds in Sapphire Residence were fetching at the time (AED 673). Over the last 12 months one-beds sold for AED 446,780 to 750,000, around AED 912 per sqft, and rent for AED 24,000 to 68,592 a year. 305's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2026446,780
22 Jul 2026750,000
17 Jul 2026745,000
4 May 2026680,000
6 1-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 3rd floor

All 89 units in Sapphire Residence
Value
3011-bedAED 753K · Mar 2016
3022-bedAED 924K · Nov 2015
3031-bedAED 745K · Jul 2026
3041-bedAED 473K · Feb 2024
3061-bedAED 425K · Jul 2023
3071-bedAED 425K · Dec 2012
3081-bedAED 570K · Oct 2017
1–7 of 11

305, Sapphire Residence in numbers

  • Sold once: by Deyaar on 2 March 2015 for AED 664,007, or AED 859 per sqft.
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 40,250 to AED 30,000 in 2022 and recovered to AED 40,000 by April 2023.
  • At AED 40,000 a year the gross yield on the 2015 price is 6.0%, before a service charge of about AED 12,000 a year (AED 15.52 per sqft).
  • One-beds in Sapphire Residence sold for AED 446,780–750,000 in the 12 months to November 2026; the building's median across all types is AED 938 per sqft.

Source: Dubai Land Department. Updated 1 April 2023.

Questions about 305, Sapphire Residence

What did unit 305 last sell for?

AED 664,007 on 2 March 2015, sold by the developer: AED 859 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 40,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 30,000; the unit has been rented since May 2014.

How big is unit 305?

773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sapphire Residence sold for AED 446,780 to 750,000 in the last 12 months, around AED 912 per sqft.

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Mortgage on 305, Sapphire Residence

Starts from the last sale price (AED 664K, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 664,007
Deposit, UAE resident (20%)
AED 132,801
Deposit, non-resident (40%)
AED 265,603
Monthly over 25 years at 3.7%
AED 2,717

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