1-bed · 786 sqftSapphire Residence, Dubai Silicon Oasis · 4th floor · completed 2010

408, Sapphire Residence

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 320K13 April 2014
Current rentAED 58K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Sapphire Residence

What is 408 worth today?

Last sold for AED 320,000 in 2014

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15 Oct 2025RentedRenewal
AED 58,000/yr12 months · AED 74 per sqft
15 Oct 2023RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
8 Jun 2019RentedNew contract
AED 45,000/yr12 months · AED 57 per sqft
1 Jun 2018RentedNew contract
AED 48,129/yr12 months · AED 61 per sqft
1 May 2017RentedRenewal
AED 60,000/yr12 months · AED 76 per sqft
1 May 2016RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
3 Nov 2014RentedNew contract
AED 36,750/yr12 months · AED 47 per sqft
13 Apr 2014SoldReady
AED 320,000AED 407 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
786 sqft
Floor
4th of 8
Parking
G - 50
Developer
Deyaar
Completed
2010
Service charge
AED 12,200 /yr
Last sold
AED 320K · April 2014

About 408, Sapphire Residence

408 is a one-bedroom apartment of 786 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 13 April 2014 for AED 320,000, or AED 407 per sqft, 43% below the AED 716 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 58,000 a year: a gross yield of 18.1% on the 2014 price, before the service charge of about AED 12,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, October 2013: AED 568,897 (AED 724 per sqft)Sold, April 2014: AED 320,000 (AED 407 per sqft)

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

Rents
Unit 408, 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 36,750 a yearNew contract, May 2016: AED 60,000 a yearRenewal, May 2017: AED 60,000 a yearNew contract, June 2018: AED 48,129 a yearNew contract, June 2019: AED 45,000 a yearNew contract, October 2023: AED 50,000 a yearRenewal, October 2025: AED 58,000 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 408 sits

All 59 1-beds →

408 last sold in April 2014 at AED 407 per sqft, 43% below what one-beds in Sapphire Residence were fetching at the time (AED 716). 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. 408's AED 58,000 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 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
4061-bedAED 425K · Aug 2023
4071-bedAED 600K · Jun 2025
1–7 of 12

408, Sapphire Residence in numbers

  • Sold twice: first on 7 October 2013 for AED 568,897, last on 13 April 2014 for AED 320,000 (AED 407 per sqft).
  • Rented since November 2013 on 8 Ejari contracts, from AED 36,750 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2014 price is 18.1%, 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 15 October 2025.

Questions about 408, Sapphire Residence

What did unit 408 last sell for?

AED 320,000 on 13 April 2014: AED 407 per sqft for 786 sqft. The unit has 2 registered sales; the first was AED 568,897 in October 2013.

What is the rent for unit 408?

AED 58,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2023, was AED 50,000; the unit has been rented since November 2013.

How big is unit 408?

786 sqft (73.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 408 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 408, Sapphire Residence

Starts from the last sale price (AED 320K, 13 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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