1-bed · 670 sqftSevanam Crown, Dubai Silicon Oasis · 5th floor · completed 2009

508, Sevanam Crown

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 380K20 July 2023
Current rentAED 46K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Sevanam Crown

What is 508 worth today?

Last sold for AED 380,000 in 2023

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20 Jul 2023SoldReady
AED 380,000AED 567 per sqft
1 Nov 2017RentedNew contract
AED 46,000/yr12 months · AED 69 per sqft
26 Oct 2016RentedNew contract
AED 57,000/yr12 months · AED 85 per sqft
26 Oct 2015RentedNew contract
AED 58,000/yr12 months · AED 87 per sqft
20 Jul 2014RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
8 May 2012Sold by developerReady
AED 341,456AED 509 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
5th of 9
Parking
B2-05
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 380K · July 2023

About 508, Sevanam Crown

508 is a one-bedroom apartment of 670 sqft on the 5th floor of Sevanam Crown, a 9-storey tower in Dubai Silicon Oasis completed in 2009 by Sevanam Holdings. It last sold on 20 July 2023 for AED 380,000, or AED 567 per sqft, 9% above the AED 522 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 November 2017, is AED 46,000 a year: a gross yield of 12.1% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, May 2012: AED 341,456 (AED 509 per sqft)Sold, July 2023: AED 380,000 (AED 567 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Sevanam Crown
40K60K2012201620202024Typical 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, July 2014: AED 55,000 a yearNew contract, October 2015: AED 58,000 a yearNew contract, October 2016: AED 57,000 a yearNew contract, November 2017: AED 46,000 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 508 sits

All 99 1-beds →

508 last sold in July 2023 at AED 567 per sqft, 9% above what one-beds in Sevanam Crown were fetching at the time (AED 522). 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. 508's AED 46,000 is in the lower half 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 5th floor

All 126 units in Sevanam Crown
Value
5011-bedAED 366K · Dec 2013
5021-bedAED 520K · Dec 2015
5031-bedAED 582K · Dec 2024
5041-bedAED 655K · Jun 2026
5051-bedAED 415K · Aug 2012
5061-bedAED 360K · Mar 2021
5071-bedAED 366K · Oct 2013
1–7 of 13

508, Sevanam Crown in numbers

  • Sold twice: first on 8 May 2012 for AED 341,456, last on 20 July 2023 for AED 380,000 (AED 567 per sqft).
  • Rented since July 2014 on 4 Ejari contracts, from AED 55,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2023 price is 12.1%, before a service charge of about AED 11,600 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 20 July 2023.

Questions about 508, Sevanam Crown

What did unit 508 last sell for?

AED 380,000 on 20 July 2023: AED 567 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 341,456 in May 2012.

What is the rent for unit 508?

AED 46,000 a year on the contract signed on 1 November 2017. The previous contract, from October 2016, was AED 57,000; the unit has been rented since July 2014.

How big is unit 508?

670 sqft (62.2 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2009.

What is unit 508 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 508, Sevanam Crown

Starts from the last sale price (AED 380K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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