1-bed · 1,172 sqftThe Dunes, Dubai Silicon Oasis · 6th floor · completed 2009

622, The Dunes

Sold prices and rental history: sold once, by the developer in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 622 · DLD and Ejari recordsUpdated 31 October 2021
Last soldAED 972K19 May 2011
Current rentAED 40K /yr31 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 622, The Dunes

What is 622 worth today?

Last sold for AED 971,600 in 2011

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31 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 34 per sqft
1 Jun 2017RentedNew contract
AED 80,000/yr12 months · AED 68 per sqft
4 Dec 2014RentedNew contract
AED 59,406/yr12 months · AED 51 per sqft
4 Dec 2013RentedNew contract
AED 59,679/yr12 months · AED 51 per sqft
19 May 2011Sold by developerReady
AED 971,600AED 828 per sqft

Source: Dubai Land Department. Updated 31 October 2021.

Key facts

Type
1-bed apartment
Size
1,172 sqft
Floor
6th of 8
Parking
B1/181
Developer
Maximus Property I
Completed
2009
Service charge
AED 15,400 /yr
Last sold
AED 972K · May 2011
Building
The Dunes

About 622, The Dunes

622 is a one-bedroom apartment of 1,172 sqft on the 6th floor of The Dunes, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Maximus Property I. The developer sold it on 19 May 2011 for AED 971,600, or AED 828 per sqft, 20% above the AED 688 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 31 October 2021, is AED 40,000 a year: a gross yield of 4.1% on the 2011 price, before the service charge of about AED 15,400 a year.

Sales and rents for 622 over time

Sales
Unit 622, each saleTypical one-bed in The Dunes
500K1M2009201420192024Typical 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, May 2011: AED 971,600 (AED 828 per sqft)

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

Rents
Unit 622, each contractTypical one-bed in The Dunes
25K50K75K2012201620202024Typical 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, December 2013: AED 59,679 a yearNew contract, December 2014: AED 59,406 a yearNew contract, June 2017: AED 80,000 a yearNew contract, October 2021: AED 40,000 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 622 sits

All 139 1-beds →

622 last sold in May 2011 at AED 828 per sqft, 20% above what one-beds in The Dunes were fetching at the time (AED 688). 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. 622's AED 40,000 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 6th floor

All 188 units in The Dunes
Value
6011-bedAED 626K · Oct 2009
6021-bedAED 600K · Nov 2026
6031-bedAED 626K · Oct 2009
604StudioAED 405K · May 2024
605StudioAED 346K · May 2011
6061-bedAED 560K · Sep 2013
6071-bedAED 350K · Aug 2023
1–7 of 21

622, The Dunes in numbers

  • Sold once: by Maximus Property I on 19 May 2011 for AED 971,600, or AED 828 per sqft.
  • Rented since December 2013 on 4 Ejari contracts, from AED 59,679 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2011 price is 4.1%, before a service charge of about AED 15,400 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 31 October 2021.

Questions about 622, The Dunes

What did unit 622 last sell for?

AED 971,600 on 19 May 2011, sold by the developer: AED 828 per sqft for 1,172 sqft. It is the only registered sale of the unit.

What is the rent for unit 622?

AED 40,000 a year on the contract signed on 31 October 2021. The previous contract, from June 2017, was AED 80,000; the unit has been rented since December 2013.

How big is unit 622?

1,172 sqft (108.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 622 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 622, The Dunes

Starts from the last sale price (AED 972K, 19 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 971,600
Deposit, UAE resident (20%)
AED 194,320
Deposit, non-resident (40%)
AED 388,640
Monthly over 25 years at 3.7%
AED 3,975

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