1-bed · 651 sqftSevanam Crown, Dubai Silicon Oasis · 4th floor · completed 2009

402, Sevanam Crown

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 7 September 2023
Last soldAED 400K28 July 2023
Current rentAED 66K /yr7 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Sevanam Crown

What is 402 worth today?

Last sold for AED 400,000 in 2023

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7 Sep 2023RentedNew contract
AED 66,000/yr12 months · AED 101 per sqft
28 Jul 2023SoldReady
AED 400,000AED 614 per sqft
1 May 2022RentedRenewal
AED 30,000/yr12 months · AED 46 per sqft
1 May 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
1 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
15 Jan 2015RentedNew contract
AED 56,000/yr12 months · AED 87 per sqft
31 Dec 2012Sold by developerReady
AED 342,000AED 525 per sqft

Source: Dubai Land Department. Updated 7 September 2023.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
4th of 9
Parking
B1-41
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 11,300 /yr
Last sold
AED 400K · July 2023

About 402, Sevanam Crown

402 is a one-bedroom apartment of 651 sqft on the 4th floor of Sevanam Crown, a 9-storey tower in Dubai Silicon Oasis completed in 2009 by Sevanam Holdings. It last sold on 28 July 2023 for AED 400,000, or AED 614 per sqft, 17% above the AED 527 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 7 September 2023, is AED 66,000 a year: a gross yield of 16.5% on the 2023 price, before the service charge of about AED 11,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Sevanam Crown
500K2009201420192024Typical sale price by year: 2009 AED 870,153; 2011 AED 787,454; 2012 AED 507,759; 2013 AED 396,378; 2014 AED 412,200; 2015 AED 700,000; 2017 AED 450,000; 2019 AED 310,000; 2021 AED 330,000; 2023 AED 380,000; 2024 AED 462,500; 2025 AED 547,500; 2026 AED 630,000Sold by developer, December 2012: AED 342,000 (AED 525 per sqft)Sold, July 2023: AED 400,000 (AED 614 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Sevanam Crown
20K40K60K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 36,000; 2014 AED 50,000; 2015 AED 52,750; 2016 AED 54,000; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 38,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 35,000; 2024 AED 42,000; 2025 AED 48,000; 2026 AED 48,300New contract, January 2015: AED 56,000 a yearNew contract, March 2019: AED 40,000 a yearNew contract, May 2021: AED 24,000 a yearRenewal, May 2022: AED 30,000 a yearNew contract, September 2023: AED 66,000 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 Sevanam Crown, and where 402 sits

All 99 1-beds →

402 last sold in July 2023 at AED 614 per sqft, 17% above what one-beds in Sevanam Crown were fetching at the time (AED 527). Over the last 12 months one-beds sold for AED 529,940 to 670,000, around AED 792 per sqft, and rent for AED 28,000 to 66,000 a year. 402's AED 66,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Sep 2026630,000
20 Jul 2026670,000
10 Jun 2026655,000
22 May 2026625,000
5 1-bed sales in the last 12 months

Sevanam Crown

Building

126 apartments, studios to 1-bed over 9 floors in Dubai Silicon Oasis, completed in 2009 by Sevanam Holdings. 5 sold in the last 12 months.

Typical price per sqft
AED 792
Typical sale
AED 630K
Typical rent
AED 47K /yr
Typical yield
9.0%
Sevanam Crown, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 4th floor

All 126 units in Sevanam Crown
Value
4011-bedAED 504K · Aug 2013
4031-bedAED 798K · Mar 2012
4041-bedAED 389K · Jul 2014
4051-bedAED 935K · Feb 2012
4061-bedAED 337K · May 2023
4071-bedAED 366K · Nov 2013
4081-bedAED 450K · Jul 2024
1–7 of 13

402, Sevanam Crown in numbers

  • Sold twice: first on 31 December 2012 for AED 342,000, last on 28 July 2023 for AED 400,000 (AED 614 per sqft).
  • Rented since January 2015 on 5 Ejari contracts. The rent fell from AED 56,000 to AED 24,000 in 2021 and recovered to AED 66,000 by September 2023.
  • At AED 66,000 a year the gross yield on the 2023 price is 16.5%, before a service charge of about AED 11,300 a year (AED 17.36 per sqft).
  • One-beds in Sevanam Crown sold for AED 529,940–670,000 in the 12 months to November 2026; the building's median across all types is AED 792 per sqft.

Source: Dubai Land Department. Updated 7 September 2023.

Questions about 402, Sevanam Crown

What did unit 402 last sell for?

AED 400,000 on 28 July 2023: AED 614 per sqft for 651 sqft. The unit has 2 registered sales; the first was AED 342,000 in December 2012.

What is the rent for unit 402?

AED 66,000 a year on the contract signed on 7 September 2023. The previous contract, from May 2022, was AED 30,000; the unit has been rented since January 2015.

How big is unit 402?

651 sqft (60.5 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2009.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sevanam Crown sold for AED 529,940 to 670,000 in the last 12 months, around AED 792 per sqft.

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Mortgage on 402, Sevanam Crown

Starts from the last sale price (AED 400K, 28 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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