3-bed · 2,493 sqftSunshine Residences, Dubai Silicon Oasis · 4th floor · completed 2016

402, Sunshine Residences

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 11 May 2023
Last soldAED 2M11 May 2023
Current rentAED 137K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Sunshine Residences

What is 402 worth today?

Last sold for AED 2,000,000 in 2023

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11 May 2023SoldReady
AED 2,000,000AED 802 per sqft
25 Dec 2022RentedNew contract
AED 137,000/yr12 months · AED 55 per sqft
20 Nov 2021RentedRenewal
AED 175,000/yr12 months · AED 70 per sqft
20 Oct 2020RentedRenewal
AED 175,000/yr13 months · AED 70 per sqft
20 Sep 2019RentedNew contract
AED 161,538/yr13 months · AED 65 per sqft
5 Sep 2018RentedNew contract
AED 168,000/yr12 months · AED 67 per sqft
16 Jun 2017RentedNew contract
AED 175,000/yr12 months · AED 70 per sqft
30 Apr 2017SoldReady
AED 2,268,000AED 909 per sqft

Source: Dubai Land Department. Updated 11 May 2023.

Key facts

Type
3-bed apartment
Size
2,493 sqft
Floor
4th of 10
Parking
P-07 , P-09
Developer
Sun And Sand Developerso
Completed
2016
Service charge
AED 37,200 /yr
Last sold
AED 2M · May 2023

About 402, Sunshine Residences

402 is a three-bedroom apartment of 2,493 sqft on the 4th floor of Sunshine Residences, a 10-storey tower in Dubai Silicon Oasis completed in 2016 by Sun And Sand Developerso. It last sold on 11 May 2023 for AED 2,000,000, or AED 802 per sqft, 14% above the AED 705 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 25 December 2022, is AED 137,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 37,200 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 by developer, March 2017: AED 2,268,000 (AED 909 per sqft)Sold, March 2017: AED 2,268,000 (AED 909 per sqft)Sold, April 2017: AED 2,268,000 (AED 909 per sqft)Sold, May 2023: AED 2,000,000 (AED 802 per sqft)

402 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 402, 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, June 2017: AED 175,000 a yearNew contract, September 2018: AED 168,000 a yearNew contract, September 2019: AED 161,538 a yearRenewal, October 2020: AED 175,000 a yearRenewal, November 2021: AED 175,000 a yearNew contract, December 2022: AED 137,000 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 402 sits

All 40 3-beds →

402 last sold in May 2023 at AED 802 per sqft, 14% above what three-beds in Sunshine Residences were fetching at the time (AED 705). 402's AED 137,000 is at the bottom 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 4th floor

All 46 units in Sunshine Residences
Value
4013-bedAED 184K · Mar 2018
4033-bedAED 2M · Jun 2023
4043-bedAED 2.2M · Feb 2024
4053-bedAED 2.4M · Jul 2025
4063-bedAED 1.3M · May 2017
4073-bedAED 177K · Mar 2018
4083-bedAED 1.2M · Apr 2017
1–7 of 9

402, Sunshine Residences in numbers

  • Sold 4 times: first on 13 March 2017 for AED 2,268,000, last on 11 May 2023 for AED 2,000,000 (AED 802 per sqft).
  • Rented since June 2017 on 6 Ejari contracts, from AED 175,000 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 37,200 a year (AED 14.93 per sqft).

Source: Dubai Land Department. Updated 11 May 2023.

Questions about 402, Sunshine Residences

What did unit 402 last sell for?

AED 2,000,000 on 11 May 2023: AED 802 per sqft for 2,493 sqft. The unit has 4 registered sales; the first was AED 2,268,000 in March 2017.

What is the rent for unit 402?

AED 137,000 a year on the contract signed on 25 December 2022. The previous contract, from November 2021, was AED 175,000; the unit has been rented since June 2017.

How big is unit 402?

2,493 sqft (231.6 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2016.

What is unit 402 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 402, Sunshine Residences

Starts from the last sale price (AED 2M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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