505, SP Oasis
Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, SP Oasis
What is 505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,731 sqft
- Floor
- 5th of 7
- Parking
- (B-89)
- Developer
- S.P. Oasis
- Completed
- 2010
- Service charge
- AED 28,200 /yr
- Last sold
- AED 1.16M · January 2012
- Building
- SP Oasis
About 505, SP Oasis
505 is a two-bedroom apartment of 1,731 sqft on the 5th floor of SP Oasis, a 7-storey tower in Dubai Silicon Oasis completed in 2010 by S.P. Oasis. The developer sold it on 29 January 2012 for AED 1,155,000, or AED 667 per sqft, in line with the AED 665 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 September 2025, is AED 68,880 a year: a gross yield of 6.0% on the 2012 price, before the service charge of about AED 28,200 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in SP Oasis, and where 505 sits
All 14 2-beds →505 last sold in January 2012 at AED 667 per sqft, in line with what two-beds in SP Oasis were fetching at the time (AED 665). Over the last 12 months two-beds sold for AED 1,425,000, around AED 972 per sqft, and rent for AED 55,000 to 90,000 a year. 505's AED 68,880 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 1,465 sqft | 1,425,000 | 972 | ||
| 20 Mar 202520 March 2025 | 1,304 sqft | 1,170,000 | 897 | ||
| 21 Oct 202421 October 2024 | 1,465 sqft | 1,350,000 | 921 | ||
| 15 Jul 202415 July 2024 | 1,465 sqft | 1,350,000 | 921 |
SP Oasis
Building68 apartments, studios to 5-bed over 7 floors in Dubai Silicon Oasis, completed in 2010 by S.P. Oasis. 3 sold in the last 12 months.
- Typical price per sqft
- AED 972
- Typical sale
- AED 865K
- Typical rent
- AED 49K /yr
- Typical yield
- 7.2%
Other units on the 5th floor
All 68 units in SP Oasis| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,304 sqft | AED 1.14MAED 1,139,200 · Nov 2010November 2010 | 75,000 /yr | |
| 502 | 2-bed | 1,731 sqft | AED 1.15MAED 1,151,336 · Jun 2011June 2011 | 90,000 /yr | |
| 503 | 2-bed | 1,465 sqft | AED 1.43MAED 1,425,000 · Jan 2026January 2026 | 75,600 /yr | |
| 504 | 2-bed | 1,465 sqft | AED 1.35MAED 1,350,000 · Oct 2024October 2024 | 55,000 /yr | |
| 506 | 2-bed | 1,304 sqft | AED 1.17MAED 1,170,000 · Mar 2025March 2025 |
505, SP Oasis in numbers
- Sold once: by S.P. Oasis on 29 January 2012 for AED 1,155,000, or AED 667 per sqft.
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 57,500 in 2021 and recovered to AED 68,880 by September 2025.
- At AED 68,880 a year the gross yield on the 2012 price is 6.0%, before a service charge of about AED 28,200 a year (AED 16.31 per sqft).
- Two-beds in SP Oasis sold for AED 1,425,000–1,425,000 in the 12 months to November 2026; the building's median across all types is AED 972 per sqft.
Source: Dubai Land Department. Updated 25 September 2025.
Questions about 505, SP Oasis
What did unit 505 last sell for?
AED 1,155,000 on 29 January 2012, sold by the developer: AED 667 per sqft for 1,731 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 68,880 a year on the contract renewed on 25 September 2025. The previous contract, from September 2024, was AED 65,500; the unit has been rented since March 2013.
How big is unit 505?
1,731 sqft (160.8 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2010.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in SP Oasis sold for AED 1,425,000 to 1,425,000 in the last 12 months, around AED 972 per sqft.
Selling 505? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 505, SP Oasis
Starts from the last sale price (AED 1.16M, 29 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,155,000
- Deposit, UAE resident (20%)
- AED 231,000
- Deposit, non-resident (40%)
- AED 462,000
- Monthly over 25 years at 3.7%
- AED 4,725
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →