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Studio · 426 sqftThe Dunes, Dubai Silicon Oasis · 5th floor · completed 2009

515, The Dunes

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 315K18 May 2023
Current rentAED 33K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, The Dunes

What is 515 worth today?

Last sold for AED 315,000 in 2023

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21 Nov 2025RentedRenewal
AED 33,000/yr12 months · AED 77 per sqft
21 Nov 2024RentedRenewal
AED 31,500/yr12 months · AED 74 per sqft
21 Nov 2023RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
18 May 2023SoldReady
AED 315,000AED 738 per sqft
21 Nov 2022RentedNew contract
AED 26,000/yr12 months · AED 61 per sqft
5 May 2022RentedRenewal
AED 24,000/yr12 months · AED 56 per sqft
5 May 2021RentedNew contract
AED 20,000/yr12 months · AED 47 per sqft
2 Apr 2020RentedRenewal
AED 25,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
5th of 8
Parking
B1/147
Developer
Maximus Property I
Completed
2009
Service charge
AED 5,600 /yr
Last sold
AED 315K · May 2023
Building
The Dunes

About 515, The Dunes

515 is a studio of 426 sqft on the 5th floor of The Dunes, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Maximus Property I. It last sold on 18 May 2023 for AED 315,000, or AED 738 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 21 November 2025, is AED 33,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 5,600 a year.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical studio in The Dunes
400K2010201420182022Typical sale price by year: 2010 AED 303,780; 2011 AED 350,841; 2012 AED 242,500; 2013 AED 343,620; 2014 AED 343,122; 2015 AED 336,000; 2023 AED 315,000; 2024 AED 405,000Sold by developer, May 2014: AED 323,700 (AED 759 per sqft)Sold, January 2015: AED 467,200 (AED 1,095 per sqft)Sold, May 2023: AED 315,000 (AED 738 per sqft)

515 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 515, each contractTypical studio in The Dunes
20K40K2013201720212025Typical rent by year: 2013 AED 29,000; 2014 AED 34,000; 2015 AED 45,000; 2016 AED 42,500; 2017 AED 38,000; 2018 AED 33,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 20,500; 2022 AED 24,000; 2023 AED 28,750; 2024 AED 31,674; 2025 AED 33,220; 2026 AED 36,000New contract, November 2013: AED 27,500 a yearNew contract, November 2014: AED 50,000 a yearNew contract, September 2015: AED 47,735 a yearNew contract, October 2017: AED 38,000 a yearNew contract, April 2019: AED 28,000 a yearRenewal, April 2020: AED 25,000 a yearNew contract, May 2021: AED 20,000 a yearRenewal, May 2022: AED 24,000 a yearNew contract, November 2022: AED 26,000 a yearNew contract, November 2023: AED 30,000 a yearRenewal, November 2024: AED 31,500 a yearRenewal, November 2025: AED 33,000 a year

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

Studios in The Dunes, and where 515 sits

All 29 studios →

515's AED 33,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Sep 2025450,000
14 Nov 2024410,000
23 May 2024405,000
30 Jan 2024355,000
0 studio 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 5th floor

All 188 units in The Dunes
Value
5011-bedAED 626K · Oct 2009
5021-bedAED 460K · Feb 2019
5031-bedAED 560K · Oct 2017
504StudioAED 336K · Jun 2015
5051-bedAED 630K · Jun 2026
5061-bedAED 665K · Feb 2026
507StudioAED 343K · Jun 2014
1–7 of 23

515, The Dunes in numbers

  • Sold 3 times: first on 4 May 2014 for AED 323,700, last on 18 May 2023 for AED 315,000 (AED 738 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 27,500 to AED 20,000 in 2021 and recovered to AED 33,000 by November 2025.
  • At AED 33,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 5,600 a year (AED 13.15 per sqft).

Source: Dubai Land Department. Updated 21 November 2025.

Questions about 515, The Dunes

What did unit 515 last sell for?

AED 315,000 on 18 May 2023: AED 738 per sqft for 426 sqft. The unit has 3 registered sales; the first was AED 323,700 in May 2014.

What is the rent for unit 515?

AED 33,000 a year on the contract renewed on 21 November 2025. The previous contract, from November 2024, was AED 31,500; the unit has been rented since November 2013.

How big is unit 515?

426 sqft (39.6 sqm): a studio on the 5th floor of a 8-storey tower completed in 2009.

What is unit 515 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 515, The Dunes

Starts from the last sale price (AED 315K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 315,000
Deposit, UAE resident (20%)
AED 63,000
Deposit, non-resident (40%)
AED 126,000
Monthly over 25 years at 3.7%
AED 1,289

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