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

714, Sevanam Crown

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 2 February 2017
Last soldAED 341K2 October 2013
Current rentAED 50K /yr2 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Sevanam Crown

What is 714 worth today?

Last sold for AED 341,456 in 2013

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2 Feb 2017RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
2 Feb 2016RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
2 Feb 2015RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
2 Oct 2013Sold by developerReady
AED 341,456AED 509 per sqft
2 Feb 2013RentedNew contract
AED 31,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 2 February 2017.

Key facts

Type
1-bed apartment
Size
670 sqft
Floor
7th of 9
Parking
B2-29
Developer
Sevanam Holdings
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 341K · October 2013

About 714, Sevanam Crown

714 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 2 October 2013 for AED 341,456, or AED 509 per sqft, 5% below the AED 535 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 2 February 2017, is AED 50,000 a year: a gross yield of 14.6% on the 2013 price, before the service charge of about AED 11,600 a year.

Sales and rents for 714 over time

Sales
Unit 714, 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, October 2013: AED 341,456 (AED 509 per sqft)

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

Rents
Unit 714, 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 48,300New contract, February 2013: AED 31,000 a yearNew contract, February 2015: AED 45,000 a yearRenewal, February 2016: AED 50,000 a yearRenewal, February 2017: AED 50,000 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 714 sits

All 99 1-beds →

714 last sold in October 2013 at AED 509 per sqft, 5% below what one-beds in Sevanam Crown were fetching at the time (AED 535). 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. 714's AED 50,000 is in the upper 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 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

714, Sevanam Crown in numbers

  • Sold once: by Sevanam Holdings on 2 October 2013 for AED 341,456, or AED 509 per sqft.
  • Rented since February 2013 on 4 Ejari contracts, from AED 31,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2013 price is 14.6%, 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 2 February 2017.

Questions about 714, Sevanam Crown

What did unit 714 last sell for?

AED 341,456 on 2 October 2013, sold by the developer: AED 509 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 50,000 a year on the contract renewed on 2 February 2017. The previous contract, from February 2016, was AED 50,000; the unit has been rented since February 2013.

How big is unit 714?

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

What is unit 714 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 714, Sevanam Crown

Starts from the last sale price (AED 341K, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 341,456
Deposit, UAE resident (20%)
AED 68,291
Deposit, non-resident (40%)
AED 136,582
Monthly over 25 years at 3.7%
AED 1,397

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