3-bed · 2,493 sqftSunshine Residences, Dubai Silicon Oasis · 6th floor · completed 2016

602, Sunshine Residences

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

Unit 602 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 2.1M5 September 2023
Current rentAED 133K /yr21 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Sunshine Residences

What is 602 worth today?

Last sold for AED 2,100,000 in 2023

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5 Sep 2023SoldReady
AED 2,100,000AED 842 per sqft
21 Feb 2023RentedRenewal
AED 133,000/yr6 months · AED 53 per sqft
21 Aug 2022RentedRenewal
AED 133,000/yr6 months · AED 53 per sqft
21 Feb 2022RentedRenewal
AED 133,000/yr6 months · AED 53 per sqft
15 Dec 2020RentedRenewal
AED 133,000/yr14 months · AED 53 per sqft
1 Dec 2019RentedRenewal
AED 168,653/yr12 months · AED 68 per sqft
1 Dec 2018RentedRenewal
AED 175,000/yr12 months · AED 70 per sqft
1 Jun 2018RentedNew contract
AED 175,000/yr6 months · AED 70 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
3-bed apartment
Size
2,493 sqft
Floor
6th of 10
Parking
P-27 , P-28
Developer
Sun And Sand Developerso
Completed
2016
Service charge
AED 37,200 /yr
Last sold
AED 2.1M · September 2023

About 602, Sunshine Residences

602 is a three-bedroom apartment of 2,493 sqft on the 6th floor of Sunshine Residences, a 10-storey tower in Dubai Silicon Oasis completed in 2016 by Sun And Sand Developerso. It last sold on 5 September 2023 for AED 2,100,000, or AED 842 per sqft, 11% above the AED 761 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 21 February 2023, is AED 133,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 37,200 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 2018: AED 1,971,000 (AED 790 per sqft)Sold, September 2023: AED 2,100,000 (AED 842 per sqft)

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

Rents
Unit 602, 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, April 2017: AED 175,000 a yearNew contract, June 2018: AED 175,000 a yearRenewal, December 2018: AED 175,000 a yearRenewal, December 2019: AED 168,653 a yearRenewal, December 2020: AED 133,000 a yearRenewal, February 2022: AED 133,000 a yearRenewal, August 2022: AED 133,000 a yearRenewal, February 2023: AED 133,000 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 602 sits

All 40 3-beds →

602 last sold in September 2023 at AED 842 per sqft, 11% above what three-beds in Sunshine Residences were fetching at the time (AED 761). 602's AED 133,000 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 6th floor

All 46 units in Sunshine Residences
Value
6013-bedAED 2M · Jun 2023
6033-bedAED 2.5M · Jun 2025
6043-bedAED 2.38M · Aug 2025
6053-bedAED 1.67M · Nov 2021
6063-bedAED 197K · Mar 2018
6073-bedAED 2.3M · Jan 2025
6083-bedAED 1.67M · Feb 2023
1–7 of 9

602, Sunshine Residences in numbers

  • Sold twice: first on 8 February 2018 for AED 1,971,000, last on 5 September 2023 for AED 2,100,000 (AED 842 per sqft).
  • Rented since April 2017 on 8 Ejari contracts, from AED 175,000 to AED 133,000 a year.
  • At AED 133,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 37,200 a year (AED 14.93 per sqft).

Source: Dubai Land Department. Updated 5 September 2023.

Questions about 602, Sunshine Residences

What did unit 602 last sell for?

AED 2,100,000 on 5 September 2023: AED 842 per sqft for 2,493 sqft. The unit has 2 registered sales; the first was AED 1,971,000 in February 2018.

What is the rent for unit 602?

AED 133,000 a year on the contract renewed on 21 February 2023. The previous contract, from August 2022, was AED 133,000; the unit has been rented since April 2017.

How big is unit 602?

2,493 sqft (231.6 sqm): a three-bedroom apartment on the 6th floor of a 10-storey tower completed in 2016.

What is unit 602 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 602, Sunshine Residences

Starts from the last sale price (AED 2.1M, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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