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

306, Sapphire Residence

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 7 July 2023
Last soldAED 425K7 July 2023
Current rentAED 29K /yr14 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Sapphire Residence

What is 306 worth today?

Last sold for AED 425,000 in 2023

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7 Jul 2023SoldReady
AED 425,000AED 549 per sqft
14 Oct 2021RentedNew contract
AED 29,000/yr12 months · AED 37 per sqft
13 Nov 2018RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
13 Nov 2017RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
1 Nov 2016RentedRenewal
AED 51,000/yr12 months · AED 66 per sqft
1 Nov 2015RentedNew contract
AED 48,400/yr12 months · AED 62 per sqft
1 Nov 2014RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
14 May 2014SoldReady
AED 720,000AED 931 per sqft

Source: Dubai Land Department. Updated 7 July 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
B - 22
Developer
Deyaar
Completed
2010
Service charge
AED 12,000 /yr
Last sold
AED 425K · July 2023

About 306, Sapphire Residence

306 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. It last sold on 7 July 2023 for AED 425,000, or AED 549 per sqft, 4% above the AED 530 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 14 October 2021, is AED 29,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 12,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 2014: AED 589,148 (AED 761 per sqft)Sold, May 2014: AED 720,000 (AED 931 per sqft)Sold, July 2023: AED 425,000 (AED 549 per sqft)

306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, 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, November 2013: AED 36,750 a yearNew contract, November 2014: AED 44,000 a yearNew contract, November 2015: AED 48,400 a yearRenewal, November 2016: AED 51,000 a yearNew contract, November 2017: AED 50,000 a yearRenewal, November 2018: AED 46,000 a yearNew contract, October 2021: AED 29,000 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 306 sits

All 59 1-beds →

306 last sold in July 2023 at AED 549 per sqft, 4% above what one-beds in Sapphire Residence were fetching at the time (AED 530). 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. 306's AED 29,000 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
3051-bedAED 664K · Mar 2015
3071-bedAED 425K · Dec 2012
3081-bedAED 570K · Oct 2017
1–7 of 11

306, Sapphire Residence in numbers

  • Sold 3 times: first on 16 March 2014 for AED 589,148, last on 7 July 2023 for AED 425,000 (AED 549 per sqft).
  • Rented since November 2013 on 7 Ejari contracts, from AED 36,750 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2023 price is 6.8%, 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 7 July 2023.

Questions about 306, Sapphire Residence

What did unit 306 last sell for?

AED 425,000 on 7 July 2023: AED 549 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 589,148 in March 2014.

What is the rent for unit 306?

AED 29,000 a year on the contract signed on 14 October 2021. The previous contract, from November 2018, was AED 46,000; the unit has been rented since November 2013.

How big is unit 306?

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

What is unit 306 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 306, Sapphire Residence

Starts from the last sale price (AED 425K, 7 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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