703, Sapphire Residence
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Sapphire Residence
What is 703 worth today?
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Source: Dubai Land Department. Updated 14 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,201 sqft
- Floor
- 7th of 8
- Parking
- G - 48, 49
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.04M · September 2024
- Building
- Sapphire Residence
About 703, Sapphire Residence
703 is a two-bedroom apartment of 1,201 sqft on the 7th floor of Sapphire Residence, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Deyaar. It last sold on 10 September 2024 for AED 1,040,000, or AED 865 per sqft, 10% above the AED 785 two-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 November 2024, is AED 80,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 18,600 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sapphire Residence, and where 703 sits
All 24 2-beds →703 last sold in September 2024 at AED 865 per sqft, 10% above what two-beds in Sapphire Residence were fetching at the time (AED 785). Over the last 12 months two-beds sold for AED 1,100,000 to 1,125,000, around AED 1,000 per sqft, and rent for AED 66,000 to 95,000 a year. 703's AED 80,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,113 sqft | 1,100,000 | 988 | ||
| 14 Jan 202614 January 2026 | 1,113 sqft | 1,125,000 | 1,011 | ||
| 7 Oct 20257 October 2025 | 1,295 sqft | 1,285,000 | 991 | ||
| 2 Oct 20252 October 2025 | 1,113 sqft | 1,070,000 | 961 |
Sapphire Residence
Building89 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%
Other units on the 7th floor
All 89 units in Sapphire Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,201 sqft | AED 830KAED 830,216 · Oct 2013October 2013 | 55,000 /yr | |
| 702 | 2-bed | 1,295 sqft | AED 950KAED 950,000 · Aug 2017August 2017 | 60,640 /yr | |
| 704 | 2-bed | 1,113 sqft | AED 680KAED 680,000 · Jun 2022June 2022 | 51,000 /yr | |
| 705 | 2-bed | 1,113 sqft | AED 1.13MAED 1,125,000 · Jan 2026January 2026 | 40,000 /yr | |
| 706 | 2-bed | 1,201 sqft | AED 1.05MAED 1,050,000 · Mar 2025March 2025 | 90,000 /yr | |
| 707 | 2-bed | 1,201 sqft | AED 1.05MAED 1,050,000 · Apr 2024April 2024 | 80,000 /yr | |
| 708 | 2-bed | 1,113 sqft | AED 1.1MAED 1,100,000 · Jul 2026July 2026 | 70,000 /yr | |
| 709 | 2-bed | 1,113 sqft | AED 1.05MAED 1,050,000 · Feb 2025February 2025 | 60,000 /yr |
703, Sapphire Residence in numbers
- Sold twice: first on 13 April 2014 for AED 457,436, last on 10 September 2024 for AED 1,040,000 (AED 865 per sqft).
- Rented since October 2013 on 7 Ejari contracts, from AED 55,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 18,600 a year (AED 15.52 per sqft).
- Two-beds in Sapphire Residence sold for AED 1,100,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 938 per sqft.
Source: Dubai Land Department. Updated 14 November 2024.
Questions about 703, Sapphire Residence
What did unit 703 last sell for?
AED 1,040,000 on 10 September 2024: AED 865 per sqft for 1,201 sqft. The unit has 2 registered sales; the first was AED 457,436 in April 2014.
What is the rent for unit 703?
AED 80,000 a year on the contract signed on 14 November 2024. The previous contract, from November 2023, was AED 80,216; the unit has been rented since October 2013.
How big is unit 703?
1,201 sqft (111.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sapphire Residence sold for AED 1,100,000 to 1,125,000 in the last 12 months, around AED 1,000 per sqft.
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Mortgage on 703, Sapphire Residence
Starts from the last sale price (AED 1.04M, 10 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,040,000
- Deposit, UAE resident (20%)
- AED 208,000
- Deposit, non-resident (40%)
- AED 416,000
- Monthly over 25 years at 3.7%
- AED 4,255
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →