1-bed · 786 sqftSapphire Residence, Dubai Silicon Oasis · 3rd floor · completed 2010

308, Sapphire Residence

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 570K11 October 2017
Current rentAED 59K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Sapphire Residence

What is 308 worth today?

Last sold for AED 570,000 in 2017

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1 Feb 2025RentedRenewal
AED 59,000/yr12 months · AED 75 per sqft
1 Feb 2025RentedRenewal
AED 59,000/yr12 months · AED 75 per sqft
31 Jan 2024RentedRenewal
AED 56,831/yr12 months · AED 72 per sqft
31 Jan 2023RentedRenewal
AED 46,200/yr12 months · AED 59 per sqft
31 Jan 2022RentedRenewal
AED 44,000/yr12 months · AED 56 per sqft
31 Jan 2021RentedRenewal
AED 42,500/yr12 months · AED 54 per sqft
31 Jan 2020RentedNew contract
AED 45,000/yr12 months · AED 57 per sqft
1 Dec 2018RentedRenewal
AED 52,284/yr13 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
3rd of 8
Parking
B - 29
Developer
Deyaar
Completed
2010
Service charge
AED 12,200 /yr
Last sold
AED 570K · October 2017

About 308, Sapphire Residence

308 is a one-bedroom apartment of 786 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 11 October 2017 for AED 570,000, or AED 725 per sqft, 3% below the AED 749 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 59,000 a year: a gross yield of 10.3% on the 2017 price, before the service charge of about AED 12,200 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Sapphire Residence
500K1M2009201420192024Typical 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, June 2009: AED 1,039,361 (AED 1,322 per sqft)Sold, September 2012: AED 788,586 (AED 1,003 per sqft)Sold, October 2017: AED 570,000 (AED 725 per sqft)

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

Rents
Unit 308, 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 2012: AED 30,000 a yearNew contract, November 2013: AED 30,000 a yearRenewal, November 2014: AED 30,000 a yearRenewal, November 2015: AED 34,903 a yearNew contract, December 2017: AED 65,000 a yearRenewal, December 2018: AED 52,284 a yearNew contract, January 2020: AED 45,000 a yearRenewal, January 2021: AED 42,500 a yearRenewal, January 2022: AED 44,000 a yearRenewal, January 2023: AED 46,200 a yearRenewal, January 2024: AED 56,831 a yearRenewal, February 2025: AED 59,000 a yearRenewal, February 2025: AED 59,000 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 308 sits

All 59 1-beds →

308 last sold in October 2017 at AED 725 per sqft, 3% below what one-beds in Sapphire Residence were fetching at the time (AED 749). 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. 308's AED 59,000 is in the upper 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
3061-bedAED 425K · Jul 2023
3071-bedAED 425K · Dec 2012
1–7 of 11

308, Sapphire Residence in numbers

  • Sold 3 times: first on 8 June 2009 for AED 1,039,361, last on 11 October 2017 for AED 570,000 (AED 725 per sqft).
  • Rented since November 2012 on 13 Ejari contracts, from AED 30,000 to AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2017 price is 10.3%, before a service charge of about AED 12,200 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 February 2025.

Questions about 308, Sapphire Residence

What did unit 308 last sell for?

AED 570,000 on 11 October 2017: AED 725 per sqft for 786 sqft. The unit has 3 registered sales; the first was AED 1,039,361 in June 2009.

What is the rent for unit 308?

AED 59,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 59,000; the unit has been rented since November 2012.

How big is unit 308?

786 sqft (73.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 308 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 308, Sapphire Residence

Starts from the last sale price (AED 570K, 11 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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