2-bed · 1,201 sqftSapphire Residence, Dubai Silicon Oasis · 7th floor · completed 2010

707, Sapphire Residence

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 1.05M15 April 2024
Current rentAED 80K /yr10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Sapphire Residence

What is 707 worth today?

Last sold for AED 1,050,000 in 2024

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15 Apr 2024SoldReady
AED 1,050,000AED 873 per sqft
10 Jul 2023RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft
1 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
10 Mar 2019RentedNew contract
AED 70,933/yr15 months · AED 59 per sqft
3 Apr 2017RentedRenewal
AED 80,000/yr12 months · AED 66 per sqft
3 Apr 2016RentedRenewal
AED 80,000/yr12 months · AED 66 per sqft
3 Apr 2015RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft
3 Apr 2014RentedNew contract
AED 74,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
7th of 8
Parking
B-71
Developer
Deyaar
Completed
2010
Service charge
AED 18,600 /yr
Last sold
AED 1.05M · April 2024

About 707, Sapphire Residence

707 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 15 April 2024 for AED 1,050,000, or AED 873 per sqft, 16% above the AED 754 two-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 10 July 2023, is AED 80,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 18,600 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in Sapphire Residence
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,611,103; 2013 AED 843,404; 2014 AED 949,108; 2015 AED 924,000; 2017 AED 892,500; 2024 AED 980,000; 2025 AED 1,060,000Sold by developer, June 2009: AED 1,231,584 (AED 1,025 per sqft)Sold, April 2024: AED 1,050,000 (AED 873 per sqft)

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

Rents
Unit 707, each contractTypical two-bed in Sapphire Residence
60K80K2012201620202024Typical rent by year: 2012 AED 55,000; 2013 AED 56,000; 2014 AED 70,000; 2015 AED 70,000; 2016 AED 76,650; 2017 AED 78,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 51,500; 2022 AED 53,000; 2023 AED 63,000; 2024 AED 71,488; 2025 AED 74,000; 2026 AED 74,000New contract, April 2013: AED 68,000 a yearNew contract, April 2014: AED 74,000 a yearNew contract, April 2015: AED 80,000 a yearRenewal, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 a yearNew contract, March 2019: AED 70,933 a yearNew contract, December 2020: AED 55,000 a yearNew contract, July 2023: AED 80,000 a year

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 707 sits

All 24 2-beds →

707 last sold in April 2024 at AED 873 per sqft, 16% above what two-beds in Sapphire Residence were fetching at the time (AED 754). 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. 707's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,100,000
14 Jan 20261,125,000
7 Oct 20251,285,000
2 Oct 20251,070,000
2 2-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 7th floor

All 89 units in Sapphire Residence
Value
7012-bedAED 830K · Oct 2013
7022-bedAED 950K · Aug 2017
7032-bedAED 1.04M · Sep 2024
7042-bedAED 680K · Jun 2022
7052-bedAED 1.13M · Jan 2026
7062-bedAED 1.05M · Mar 2025
7082-bedAED 1.1M · Jul 2026
1–7 of 8

707, Sapphire Residence in numbers

  • Sold twice: first on 8 June 2009 for AED 1,231,584, last on 15 April 2024 for AED 1,050,000 (AED 873 per sqft).
  • Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 68,000 to AED 55,000 in 2020 and recovered to AED 80,000 by July 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 7.6%, 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 15 April 2024.

Questions about 707, Sapphire Residence

What did unit 707 last sell for?

AED 1,050,000 on 15 April 2024: AED 873 per sqft for 1,201 sqft. The unit has 2 registered sales; the first was AED 1,231,584 in June 2009.

What is the rent for unit 707?

AED 80,000 a year on the contract signed on 10 July 2023. The previous contract, from December 2020, was AED 55,000; the unit has been rented since April 2013.

How big is unit 707?

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 707 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 707, Sapphire Residence

Starts from the last sale price (AED 1.05M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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