1-bed · 670 sqftSevanam Crown, Dubai Silicon Oasis · 7th floor · completed 2009

708, Sevanam Crown

Sold prices and rental history: sold once, by the developer in December 2011, and rented once, from May 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 5 May 2012
Last soldAED 779K29 December 2011
Current rentAED 779K /yr5 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Sevanam Crown

What is 708 worth today?

Last sold for AED 779,179 in 2011

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5 May 2012RentedNew contract · flagged as an outlier
AED 779,179/yr36 months · AED 1,168 per sqft
29 Dec 2011Sold by developerReady
AED 779,179AED 1,162 per sqft

Source: Dubai Land Department. Updated 5 May 2012.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
7th of 9
Parking
G-25
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 779K · December 2011

About 708, Sevanam Crown

708 is a one-bedroom apartment of 670 sqft on the 7th floor of Sevanam Crown, a 9-storey tower in Dubai Silicon Oasis completed in 2009 by Sevanam Holdings. The developer sold it on 29 December 2011 for AED 779,179, or AED 1,162 per sqft, in line with the AED 1,162 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 May 2012. The current contract, signed on 5 May 2012, is AED 779,179 a year: a gross yield of 100.0% on the 2011 price, before the service charge of about AED 11,600 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 2011: AED 779,179 (AED 1,162 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Sevanam Crown
40K2012201620202024Typical 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 48,300

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 708 sits

All 99 1-beds →

708 last sold in December 2011 at AED 1,162 per sqft, in line with what one-beds in Sevanam Crown were fetching at the time (AED 1,162). 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. 708's AED 779,179 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 7th floor

All 126 units in Sevanam Crown
Value
7011-bedAED 572K · Feb 2012
7021-bedAED 493K · Jan 2015
7031-bedAED 409K · Aug 2013
7041-bedAED 632K · May 2012
7051-bedAED 409K · May 2012
7061-bedAED 315K · Jan 2023
7071-bedAED 495K · Feb 2012
1–7 of 13

708, Sevanam Crown in numbers

  • Sold once: by Sevanam Holdings on 29 December 2011 for AED 779,179, or AED 1,162 per sqft.
  • Rented since May 2012 on one Ejari contract, at AED 779,179 a year.
  • At AED 779,179 a year the gross yield on the 2011 price is 100.0%, 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 5 May 2012.

Questions about 708, Sevanam Crown

What did unit 708 last sell for?

AED 779,179 on 29 December 2011, sold by the developer: AED 1,162 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 779,179 a year on the contract signed on 5 May 2012.

How big is unit 708?

670 sqft (62.2 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2009.

What is unit 708 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 708, Sevanam Crown

Starts from the last sale price (AED 779K, 29 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 779,179
Deposit, UAE resident (20%)
AED 155,836
Deposit, non-resident (40%)
AED 311,672
Monthly over 25 years at 3.7%
AED 3,188

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