1-bed · 773 sqftSapphire Residence, Dubai Silicon Oasis · 5th floor · completed 2010

506, Sapphire Residence

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 20 December 2022
Last soldAED 800K23 March 2015
Current rentAED 34K /yr20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Sapphire Residence

What is 506 worth today?

Last sold for AED 800,000 in 2015

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20 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 44 per sqft
1 Dec 2021RentedRenewal
AED 27,000/yr12 months · AED 35 per sqft
1 Dec 2020RentedNew contract
AED 27,000/yr12 months · AED 35 per sqft
22 Dec 2019RentedRenewal
AED 36,000/yr12 months · AED 46 per sqft
22 Dec 2018RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
1 Aug 2017RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
1 Aug 2016RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft
23 Mar 2015SoldReady
AED 800,000AED 1,034 per sqft

Source: Dubai Land Department. Updated 20 December 2022.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
5th of 8
Parking
G - 56
Developer
Deyaar
Completed
2010
Service charge
AED 12,000 /yr
Last sold
AED 800K · March 2015

About 506, Sapphire Residence

506 is a one-bedroom apartment of 773 sqft on the 5th floor of Sapphire Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 23 March 2015 for AED 800,000, or AED 1,034 per sqft, 53% above the AED 677 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 December 2022, is AED 34,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 12,000 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 564,414 (AED 729 per sqft)Sold, March 2015: AED 800,000 (AED 1,034 per sqft)

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

Rents
Unit 506, 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, January 2013: AED 35,000 a yearNew contract, August 2016: AED 65,000 a yearNew contract, August 2017: AED 60,000 a yearNew contract, December 2018: AED 40,000 a yearRenewal, December 2019: AED 36,000 a yearNew contract, December 2020: AED 27,000 a yearRenewal, December 2021: AED 27,000 a yearNew contract, December 2022: AED 34,000 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 506 sits

All 59 1-beds →

506 last sold in March 2015 at AED 1,034 per sqft, 53% above what one-beds in Sapphire Residence were fetching at the time (AED 677). 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. 506's AED 34,000 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 5th floor

All 89 units in Sapphire Residence
Value
5011-bedAED 750K · May 2025
5022-bedAED 1.29M · Oct 2025
5031-bedAED 364K · Sep 2015
5041-bedAED 515K · Oct 2013
5051-bedAED 480K · Mar 2024
5071-bedAED 655K · Aug 2025
5081-bedAED 350K · Apr 2020
1–7 of 12

506, Sapphire Residence in numbers

  • Sold twice: first on 3 October 2013 for AED 564,414, last on 23 March 2015 for AED 800,000 (AED 1,034 per sqft).
  • Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 35,000 to AED 27,000 in 2021 and recovered to AED 34,000 by December 2022.
  • At AED 34,000 a year the gross yield on the 2015 price is 4.3%, 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 20 December 2022.

Questions about 506, Sapphire Residence

What did unit 506 last sell for?

AED 800,000 on 23 March 2015: AED 1,034 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 564,414 in October 2013.

What is the rent for unit 506?

AED 34,000 a year on the contract signed on 20 December 2022. The previous contract, from December 2021, was AED 27,000; the unit has been rented since January 2013.

How big is unit 506?

773 sqft (71.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.

What is unit 506 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 506, Sapphire Residence

Starts from the last sale price (AED 800K, 23 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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