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1-bed · 798 sqftThe Dunes, Dubai Silicon Oasis · 4th floor · completed 2009

408, The Dunes

Sold prices and rental history: sold once, by the developer in April 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 March 2019
Last soldAED 485K25 April 2012
Current rentAED 42K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, The Dunes

What is 408 worth today?

Last sold for AED 485,000 in 2012

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15 Mar 2019RentedRenewal
AED 42,000/yr12 months · AED 53 per sqft
15 Mar 2017RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
3 Feb 2016RentedRenewal
AED 62,000/yr12 months · AED 78 per sqft
3 Feb 2015RentedNew contract
AED 62,000/yr12 months · AED 78 per sqft
25 Apr 2012Sold by developerReady
AED 485,000AED 607 per sqft

Source: Dubai Land Department. Updated 15 March 2019.

Key facts

Type
1-bed apartment
Size
798 sqft
Floor
4th of 8
Parking
B1/118
Developer
Maximus Property I
Completed
2009
Service charge
AED 10,500 /yr
Last sold
AED 485K · April 2012
Building
The Dunes

About 408, The Dunes

408 is a one-bedroom apartment of 798 sqft on the 4th floor of The Dunes, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Maximus Property I. The developer sold it on 25 April 2012 for AED 485,000, or AED 607 per sqft, in line with the AED 612 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 15 March 2019, is AED 42,000 a year: a gross yield of 8.7% on the 2012 price, before the service charge of about AED 10,500 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in The Dunes
400K600K2009201420192024Typical sale price by year: 2009 AED 625,650; 2010 AED 546,000; 2011 AED 460,000; 2012 AED 485,000; 2013 AED 630,500; 2014 AED 625,000; 2015 AED 660,000; 2016 AED 600,000; 2017 AED 547,500; 2019 AED 390,000; 2021 AED 360,000; 2022 AED 415,000; 2023 AED 475,000; 2024 AED 591,057; 2025 AED 620,000; 2026 AED 662,500Sold by developer, April 2012: AED 485,000 (AED 607 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in The Dunes
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 39,950; 2014 AED 47,125; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 41,000; 2020 AED 35,500; 2021 AED 30,000; 2022 AED 34,449; 2023 AED 39,000; 2024 AED 44,100; 2025 AED 50,000; 2026 AED 54,600New contract, February 2015: AED 62,000 a yearRenewal, February 2016: AED 62,000 a yearNew contract, March 2017: AED 55,000 a yearRenewal, March 2019: AED 42,000 a year

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

1-beds in The Dunes, and where 408 sits

All 139 1-beds →

408 last sold in April 2012 at AED 607 per sqft, in line with what one-beds in The Dunes were fetching at the time (AED 612). Over the last 12 months one-beds sold for AED 500,000 to 770,000, around AED 759 per sqft, and rent for AED 22,500 to 74,000 a year. 408's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026600,000
19 Aug 2026571,199
18 Jun 2026720,000
16 Jun 2026630,000
15 1-bed sales in the last 12 months

The Dunes

Building

188 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Maximus Property I. 18 sold in the last 12 months.

Typical price per sqft
AED 767 Up 1.4%
Typical sale
AED 668K
Typical rent
AED 53K /yr
Typical yield
9.0%
The Dunes, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 4th floor

All 188 units in The Dunes
Value
4011-bedAED 635K · Jun 2026
4021-bedAED 440K · Apr 2023
4031-bedAED 625K · Dec 2014
4041-bedAED 703K · Apr 2013
4051-bedAED 620K · Jun 2025
4061-bedAED 630K · May 2016
4071-bedAED 485K · Apr 2012
1–7 of 21

408, The Dunes in numbers

  • Sold once: by Maximus Property I on 25 April 2012 for AED 485,000, or AED 607 per sqft.
  • Rented since February 2015 on 4 Ejari contracts, from AED 62,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2012 price is 8.7%, before a service charge of about AED 10,500 a year (AED 13.15 per sqft).
  • One-beds in The Dunes sold for AED 500,000–770,000 in the 12 months to November 2026; the building's median across all types is AED 767 per sqft.

Source: Dubai Land Department. Updated 15 March 2019.

Questions about 408, The Dunes

What did unit 408 last sell for?

AED 485,000 on 25 April 2012, sold by the developer: AED 607 per sqft for 798 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 42,000 a year on the contract renewed on 15 March 2019. The previous contract, from March 2017, was AED 55,000; the unit has been rented since February 2015.

How big is unit 408?

798 sqft (74.1 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Dunes sold for AED 500,000 to 770,000 in the last 12 months, around AED 759 per sqft.

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Mortgage on 408, The Dunes

Starts from the last sale price (AED 485K, 25 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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