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2-bed · 1,782 sqftSP Oasis, Dubai Silicon Oasis · 7th floor · completed 2010

705, SP Oasis

Sold prices and rental history: sold 3 times, last in January 2023, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 1.17M17 January 2023
Current rentAED 96K /yr28 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, SP Oasis

What is 705 worth today?

Last sold for AED 1,170,000 in 2023

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17 Jan 2023SoldReady
AED 1,170,000AED 656 per sqft
21 Nov 2013SoldReady
AED 1,485,000AED 833 per sqft
28 Jun 2013RentedNew contract
AED 96,000/yr3 months · AED 54 per sqft
16 Jun 2011Sold by developerReady
AED 1,156,650AED 649 per sqft

Source: Dubai Land Department. Updated 17 January 2023.

Key facts

Type
2-bed apartment
Size
1,782 sqft
Floor
7th of 7
Parking
(G-5, G-6)
Developer
S.P. Oasis
Completed
2010
Service charge
AED 29,100 /yr
Last sold
AED 1.17M · January 2023
Building
SP Oasis

About 705, SP Oasis

705 is a two-bedroom apartment of 1,782 sqft on the 7th floor of SP Oasis, a 7-storey tower in Dubai Silicon Oasis completed in 2010 by S.P. Oasis. It last sold on 17 January 2023 for AED 1,170,000, or AED 656 per sqft.

One Ejari contract is registered, from 28 June 2013. The current contract, signed on 28 June 2013, is AED 96,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 29,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in SP Oasis
1.2M1.4M2011201520192023Typical sale price by year: 2011 AED 1,180,000; 2013 AED 1,264,200Sold by developer, June 2011: AED 1,156,650 (AED 649 per sqft)Sold, November 2013: AED 1,485,000 (AED 833 per sqft)Sold, January 2023: AED 1,170,000 (AED 656 per sqft)

705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, each contractTypical two-bed in SP Oasis
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 85,000; 2014 AED 90,000; 2015 AED 95,000; 2016 AED 100,000; 2017 AED 100,000; 2018 AED 88,500; 2019 AED 80,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 63,300; 2023 AED 66,750; 2024 AED 73,500; 2025 AED 72,000; 2026 AED 88,409New contract, June 2013: AED 96,000 a year

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 705 sits

All 14 2-beds →

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. 705's AED 96,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jan 20261,425,000
20 Mar 20251,170,000
21 Oct 20241,350,000
15 Jul 20241,350,000
1 2-bed sale in the last 12 months

SP Oasis

Building

68 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%
SP Oasis, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 68 units in SP Oasis
Value
7012-bedAED 1M · Oct 2023
7022-bedAED 1.8M · Jul 2014
7035-bedNo registered sale
7045-bedNo registered sale
7062-bedNo registered sale

705, SP Oasis in numbers

  • Sold 3 times: first on 16 June 2011 for AED 1,156,650, last on 17 January 2023 for AED 1,170,000 (AED 656 per sqft).
  • Rented since June 2013 on one Ejari contract, at AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 29,100 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 17 January 2023.

Questions about 705, SP Oasis

What did unit 705 last sell for?

AED 1,170,000 on 17 January 2023: AED 656 per sqft for 1,782 sqft. The unit has 3 registered sales; the first was AED 1,156,650 in June 2011.

What is the rent for unit 705?

AED 96,000 a year on the contract signed on 28 June 2013.

How big is unit 705?

1,782 sqft (165.6 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2010.

What is unit 705 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.

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Mortgage on 705, SP Oasis

Starts from the last sale price (AED 1.17M, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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