3-bed · 2,537 sqftSunshine Residences, Dubai Silicon Oasis · 4th floor · completed 2016

403, Sunshine Residences

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 2M13 June 2023
Current rentAED 130K /yr23 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Sunshine Residences

What is 403 worth today?

Last sold for AED 2,000,000 in 2023

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23 Nov 2023RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft
13 Jun 2023SoldReady
AED 2,000,000AED 788 per sqft
15 Jan 2023RentedRenewal
AED 122,000/yr12 months · AED 48 per sqft
15 Jan 2022RentedRenewal
AED 108,000/yr12 months · AED 43 per sqft
15 Jan 2021RentedNew contract
AED 105,000/yr12 months · AED 41 per sqft
15 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 43 per sqft
1 Dec 2018RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft
14 Mar 2017SoldReady
AED 2,025,000AED 798 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
3-bed apartment
Size
2,537 sqft
Floor
4th of 10
Parking
P-10 , P-11
Developer
Sun And Sand Developerso
Completed
2016
Service charge
AED 37,900 /yr
Last sold
AED 2M · June 2023

About 403, Sunshine Residences

403 is a three-bedroom apartment of 2,537 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 13 June 2023 for AED 2,000,000, or AED 788 per sqft, 12% above the AED 705 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 23 November 2023, is AED 130,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 37,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, February 2017: AED 2,123,164 (AED 836 per sqft)Sold, March 2017: AED 2,025,000 (AED 798 per sqft)Sold, June 2023: AED 2,000,000 (AED 788 per sqft)

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

Rents
Unit 403, each contractTypical three-bed in Sunshine Residences
100K150K2017202020232026Typical 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, December 2018: AED 130,000 a yearNew contract, January 2020: AED 110,000 a yearNew contract, January 2021: AED 105,000 a yearRenewal, January 2022: AED 108,000 a yearRenewal, January 2023: AED 122,000 a yearNew contract, November 2023: AED 130,000 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 403 sits

All 40 3-beds →

403 last sold in June 2023 at AED 788 per sqft, 12% above what three-beds in Sunshine Residences were fetching at the time (AED 705). 403's AED 130,000 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
4023-bedAED 2M · May 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

403, Sunshine Residences in numbers

  • Sold 3 times: first on 23 February 2017 for AED 2,123,164, last on 13 June 2023 for AED 2,000,000 (AED 788 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 105,000 in 2021 and recovered to AED 130,000 by November 2023.
  • At AED 130,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 37,900 a year (AED 14.93 per sqft).

Source: Dubai Land Department. Updated 23 November 2023.

Questions about 403, Sunshine Residences

What did unit 403 last sell for?

AED 2,000,000 on 13 June 2023: AED 788 per sqft for 2,537 sqft. The unit has 3 registered sales; the first was AED 2,123,164 in February 2017.

What is the rent for unit 403?

AED 130,000 a year on the contract signed on 23 November 2023. The previous contract, from January 2023, was AED 122,000; the unit has been rented since December 2018.

How big is unit 403?

2,537 sqft (235.7 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2016.

What is unit 403 worth today?

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Mortgage on 403, Sunshine Residences

Starts from the last sale price (AED 2M, 13 June 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 →