1-bed · 773 sqftSapphire Residence, Dubai Silicon Oasis · 4th floor · completed 2010

406, Sapphire Residence

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

Unit 406 · DLD and Ejari recordsUpdated 31 August 2023
Last soldAED 425K31 August 2023
Current rentAED 34K /yr2 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Sapphire Residence

What is 406 worth today?

Last sold for AED 425,000 in 2023

Unlock today's estimate, updated daily, with

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

31 Aug 2023SoldReady
AED 425,000AED 549 per sqft
2 Oct 2022RentedRenewal
AED 34,095/yr12 months · AED 44 per sqft
1 Sep 2021RentedNew contract
AED 28,084/yr13 months · AED 36 per sqft
19 Sep 2020RentedNew contract
AED 31,500/yr12 months · AED 41 per sqft
5 Aug 2019RentedNew contract
AED 44,000/yr12 months · AED 57 per sqft
4 Nov 2018SoldReady
AED 250,000AED 323 per sqft
5 Aug 2018RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
1 Jan 2015RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 31 August 2023.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
4th of 8
Parking
G - 22
Developer
Deyaar
Completed
2010
Service charge
AED 12,000 /yr
Last sold
AED 425K · August 2023

About 406, Sapphire Residence

406 is a one-bedroom apartment of 773 sqft on the 4th floor of Sapphire Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 31 August 2023 for AED 425,000, or AED 549 per sqft, in line with the AED 549 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 2 October 2022, is AED 34,095 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 12,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, August 2014: AED 272,153 (AED 351 per sqft)Sold, November 2018: AED 250,000 (AED 323 per sqft)Sold, August 2023: AED 425,000 (AED 549 per sqft)

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

Rents
Unit 406, 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, October 2013: AED 36,750 a yearNew contract, January 2015: AED 60,000 a yearNew contract, August 2018: AED 45,000 a yearNew contract, August 2019: AED 44,000 a yearNew contract, September 2020: AED 31,500 a yearNew contract, September 2021: AED 28,084 a yearRenewal, October 2022: AED 34,095 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 406 sits

All 59 1-beds →

406 last sold in August 2023 at AED 549 per sqft, in line with what one-beds in Sapphire Residence were fetching at the time (AED 549). 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. 406's AED 34,095 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 4th floor

All 89 units in Sapphire Residence
Value
4011-bedAED 746K · Oct 2013
4022-bedAED 871K · Nov 2015
4031-bedAED 615K · Aug 2015
4041-bedAED 789K · Jun 2013
4051-bedAED 695K · Nov 2025
4071-bedAED 600K · Jun 2025
4081-bedAED 320K · Apr 2014
1–7 of 12

406, Sapphire Residence in numbers

  • Sold 3 times: first on 7 August 2014 for AED 272,153, last on 31 August 2023 for AED 425,000 (AED 549 per sqft).
  • Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 36,750 to AED 28,084 in 2021 and recovered to AED 34,095 by October 2022.
  • At AED 34,095 a year the gross yield on the 2023 price is 8.0%, 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 31 August 2023.

Questions about 406, Sapphire Residence

What did unit 406 last sell for?

AED 425,000 on 31 August 2023: AED 549 per sqft for 773 sqft. The unit has 3 registered sales; the first was AED 272,153 in August 2014.

What is the rent for unit 406?

AED 34,095 a year on the contract renewed on 2 October 2022. The previous contract, from September 2021, was AED 28,084; the unit has been rented since October 2013.

How big is unit 406?

773 sqft (71.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 406 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.

Selling 406? 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 406, Sapphire Residence

Starts from the last sale price (AED 425K, 31 August 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 →