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1-bed · 802 sqftThe Dunes, Dubai Silicon Oasis · 4th floor · completed 2009

409, The Dunes

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 470K12 June 2023
Current rentAED 30K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, The Dunes

What is 409 worth today?

Last sold for AED 470,000 in 2023

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12 Jun 2023SoldReady
AED 470,000AED 586 per sqft
1 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
1 Nov 2020RentedNew contract
AED 32,000/yr12 months · AED 40 per sqft
1 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
16 Oct 2015RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
2 Oct 2013RentedNew contract
AED 48,000/yr12 months · AED 60 per sqft
22 Sep 2013Sold by developerReady
AED 756,600AED 943 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
4th of 8
Parking
B1/119
Developer
Maximus Property I
Completed
2009
Service charge
AED 10,500 /yr
Last sold
AED 470K · June 2023
Building
The Dunes

About 409, The Dunes

409 is a one-bedroom apartment of 802 sqft on the 4th floor of The Dunes, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Maximus Property I. It last sold on 12 June 2023 for AED 470,000, or AED 586 per sqft, 5% above the AED 556 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 November 2021, is AED 30,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in The Dunes
400K600K800K2009201420192024Typical 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, September 2013: AED 756,600 (AED 943 per sqft)Sold, June 2023: AED 470,000 (AED 586 per sqft)

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

Rents
Unit 409, 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, October 2013: AED 48,000 a yearNew contract, October 2015: AED 60,000 a yearNew contract, March 2019: AED 40,000 a yearNew contract, November 2020: AED 32,000 a yearNew contract, November 2021: AED 30,000 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 409 sits

All 139 1-beds →

409 last sold in June 2023 at AED 586 per sqft, 5% above what one-beds in The Dunes were fetching at the time (AED 556). 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. 409's AED 30,000 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

409, The Dunes in numbers

  • Sold twice: first on 22 September 2013 for AED 756,600, last on 12 June 2023 for AED 470,000 (AED 586 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 48,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 6.4%, 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 12 June 2023.

Questions about 409, The Dunes

What did unit 409 last sell for?

AED 470,000 on 12 June 2023: AED 586 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 756,600 in September 2013.

What is the rent for unit 409?

AED 30,000 a year on the contract signed on 1 November 2021. The previous contract, from November 2020, was AED 32,000; the unit has been rented since October 2013.

How big is unit 409?

802 sqft (74.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 409 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 409, The Dunes

Starts from the last sale price (AED 470K, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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