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1-bed · 1,172 sqftThe Dunes, Dubai Silicon Oasis · 7th floor · completed 2009

723, The Dunes

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 13 May 2022
Last soldAED 490K13 May 2022
Current rentAED 43K /yr7 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, The Dunes

What is 723 worth today?

Last sold for AED 490,000 in 2022

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13 May 2022SoldReady
AED 490,000AED 417 per sqft
7 Sep 2020RentedRenewal
AED 43,000/yr12 months · AED 37 per sqft
7 Sep 2019RentedRenewal
AED 43,000/yr12 months · AED 37 per sqft
7 Sep 2018RentedNew contract
AED 53,000/yr12 months · AED 45 per sqft
15 Mar 2017RentedRenewal
AED 62,000/yr12 months · AED 53 per sqft
15 Mar 2016RentedNew contract
AED 62,000/yr12 months · AED 53 per sqft
15 Mar 2014RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
19 Jan 2011Sold by developerReady
AED 546,000AED 465 per sqft

Source: Dubai Land Department. Updated 13 May 2022.

Key facts

Type
1-bed apartment
Size
1,172 sqft
Floor
7th of 8
Parking
B1/204
Developer
Maximus Property I
Completed
2009
Service charge
AED 15,400 /yr
Last sold
AED 490K · May 2022
Building
The Dunes

About 723, The Dunes

723 is a one-bedroom apartment of 1,172 sqft on the 7th floor of The Dunes, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Maximus Property I. It last sold on 13 May 2022 for AED 490,000, or AED 417 per sqft, 7% below the AED 449 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 7 September 2020, is AED 43,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 15,400 a year.

Sales and rents for 723 over time

Sales
Unit 723, 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, January 2011: AED 546,000 (AED 465 per sqft)Sold, May 2022: AED 490,000 (AED 417 per sqft)

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

Rents
Unit 723, 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, March 2014: AED 60,000 a yearNew contract, March 2016: AED 62,000 a yearRenewal, March 2017: AED 62,000 a yearNew contract, September 2018: AED 53,000 a yearRenewal, September 2019: AED 43,000 a yearRenewal, September 2020: AED 43,000 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 723 sits

All 139 1-beds →

723 last sold in May 2022 at AED 417 per sqft, 7% below what one-beds in The Dunes were fetching at the time (AED 449). 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. 723's AED 43,000 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 7th floor

All 188 units in The Dunes
Value
7011-bedAED 718K · Dec 2012
7021-bedAED 718K · Dec 2012
703StudioAED 225K · Sep 2012
7042-bedAED 910K · Jun 2025
7051-bedAED 235K · Oct 2012
7061-bedAED 385K · Dec 2024
7072-bedAED 980K · Nov 2025
1–7 of 22

723, The Dunes in numbers

  • Sold twice: first on 19 January 2011 for AED 546,000, last on 13 May 2022 for AED 490,000 (AED 417 per sqft).
  • Rented since March 2014 on 6 Ejari contracts, from AED 60,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2022 price is 8.8%, 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 13 May 2022.

Questions about 723, The Dunes

What did unit 723 last sell for?

AED 490,000 on 13 May 2022: AED 417 per sqft for 1,172 sqft. The unit has 2 registered sales; the first was AED 546,000 in January 2011.

What is the rent for unit 723?

AED 43,000 a year on the contract renewed on 7 September 2020. The previous contract, from September 2019, was AED 43,000; the unit has been rented since March 2014.

How big is unit 723?

1,172 sqft (108.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 723 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 723, The Dunes

Starts from the last sale price (AED 490K, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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