3-bed · 2,537 sqftSunshine Residences, Dubai Silicon Oasis · 2nd floor · completed 2016

203, Sunshine Residences

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 9 June 2022
Last soldAED 1.8M9 June 2022
Current rentAED 170K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Sunshine Residences

What is 203 worth today?

Last sold for AED 1,800,000 in 2022

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9 Jun 2022SoldReady
AED 1,800,000AED 709 per sqft
1 Mar 2022RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
17 Jan 2021RentedNew contract
AED 127,000/yr13 months · AED 50 per sqft
11 Jul 2020RentedNew contract
AED 127,000/yr12 months · AED 50 per sqft
11 May 2019RentedRenewal
AED 165,649/yr13 months · AED 65 per sqft
11 May 2018RentedRenewal
AED 175,000/yr12 months · AED 69 per sqft
5 Mar 2018Sold by developerReady · flagged as an outlier
AED 177,599AED 69 per sqft
11 May 2017RentedNew contract
AED 175,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 9 June 2022.

Key facts

Type
3-bed apartment
Size
2,537 sqft
Floor
2nd of 10
Parking
G-01 , G-02
Developer
Sun And Sand Developerso
Completed
2016
Service charge
AED 37,900 /yr
Last sold
AED 1.8M · June 2022

About 203, Sunshine Residences

203 is a three-bedroom apartment of 2,537 sqft on the 2nd floor of Sunshine Residences, a 10-storey tower in Dubai Silicon Oasis completed in 2016 by Sun And Sand Developerso. It last sold on 9 June 2022 for AED 1,800,000, or AED 709 per sqft, 12% above the AED 633 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 March 2022, is AED 170,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 37,900 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Sunshine Residences
1.5M2M2.5M2016201920222025Typical sale price by year: 2016 AED 2,107,000; 2017 AED 2,166,000; 2018 AED 1,947,000; 2021 AED 1,540,000; 2022 AED 1,800,000; 2023 AED 2,000,000; 2024 AED 2,150,000; 2025 AED 2,400,000Sold, June 2022: AED 1,800,000 (AED 709 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Sunshine Residences
125K150K175K2017202020232026Typical rent by year: 2017 AED 171,197; 2018 AED 170,000; 2019 AED 161,538; 2020 AED 133,000; 2021 AED 127,000; 2022 AED 127,000; 2023 AED 131,500; 2024 AED 140,000; 2025 AED 170,000; 2026 AED 170,000New contract, May 2017: AED 175,000 a yearRenewal, May 2018: AED 175,000 a yearRenewal, May 2019: AED 165,649 a yearNew contract, July 2020: AED 127,000 a yearNew contract, January 2021: AED 127,000 a yearNew contract, March 2022: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sunshine Residences, and where 203 sits

All 40 3-beds →

203 last sold in June 2022 at AED 709 per sqft, 12% above what three-beds in Sunshine Residences were fetching at the time (AED 633). 203's AED 170,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20252,500,000
6 Aug 20252,375,000
24 Jul 20252,400,000
19 Jun 20252,500,000
0 3-bed sales in the last 12 months

Sunshine Residences

Building

46 apartments, studios to 3-bed over 10 floors in Dubai Silicon Oasis, completed in 2016 by Sun And Sand Developerso. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 140K /yr
Typical yield
Sunshine Residences, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 46 units in Sunshine Residences
Value
2013-bedAED 259K · Mar 2018
2023-bedAED 1.5M · Oct 2021
2043-bedAED 2M · Aug 2022
2053-bedAED 1.08M · Feb 2018
2063-bedAED 2.48M · Jul 2017
2073-bedAED 2.1M · Mar 2024
2083-bedAED 182K · Mar 2018
1–7 of 9

203, Sunshine Residences in numbers

  • Sold twice: first on 5 March 2018 for AED 177,599, last on 9 June 2022 for AED 1,800,000 (AED 709 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 127,000 in 2021 and recovered to AED 170,000 by March 2022.
  • At AED 170,000 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 37,900 a year (AED 14.93 per sqft).

Source: Dubai Land Department. Updated 9 June 2022.

Questions about 203, Sunshine Residences

What did unit 203 last sell for?

AED 1,800,000 on 9 June 2022: AED 709 per sqft for 2,537 sqft. The unit has 2 registered sales; the first was AED 177,599 in March 2018.

What is the rent for unit 203?

AED 170,000 a year on the contract signed on 1 March 2022. The previous contract, from January 2021, was AED 127,000; the unit has been rented since May 2017.

How big is unit 203?

2,537 sqft (235.7 sqm): a three-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2016.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 203, Sunshine Residences

Starts from the last sale price (AED 1.8M, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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