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Sold for AED 990,000: Studio Apartment in Urban Oasis

Located in Business Bay, Dubai. Its price per sqft is +9% vs the Urban Oasis median (AED 2,151/sqft).

All Business Bay salesUrban Oasis prices

Sale price

AED 990,000

Per sqft
AED 2,353
Registered
4 Aug 2026, 13:13 (Dubai)

01 / Price history

This unit's history

Every registration of this studio apartment in Urban Oasis: same layout, exact size (421 sqft) and parking bay P3-28. The registry has no unit numbers, so records are matched on these details.

  1. 4 Aug 2026This sale

    421 sqft · AED 2,353/sqft · Ready

    First recordAED 990,000

  2. 4 Aug 2026Mortgage

    Same day as previous · 421 sqft · AED 1,883/sqft · Ready

    20%lower than the previous recordAED 792,000

  3. 14 Aug 2026Mortgage

    Held 10 days · 421 sqft · AED 1,883/sqft · Ready

    0%unchanged than the previous recordAED 792,000
Records
3
Registered
Same day
as the mortgage, 4 Aug 2026
Loan to value
80%
AED 792K mortgage on the AED 990K sale

02 / The property

Property details

Size
421 sqft · 39.08 m²
Bedrooms
Studio
Registered as
Delayed Sell
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
P3-28
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Urban Oasis (13 Jan 2026 – 29 Sept 2026)

20 market sales. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
29 Sept 20262.63M+166% vs selected2,152−9% vs selected
23 Sept 20261.04M+5% vs selected2,442+4% vs selected
21 Aug 20261.6M+62% vs selected1,660−29% vs selected
6 Aug 20262.33M+135% vs selected1,983−16% vs selected
Studio · 421 sqftReadySelected sale
4 Aug 2026990K2,353
30 Jul 20264.9M+395% vs selected2,576+9% vs selected
14 Jul 20262.54M+157% vs selected1,869−21% vs selected
13 Jul 20261.43M+44% vs selected2,229−5% vs selected
3 Jul 20261.29M+30% vs selected2,040−13% vs selected
3 Jul 20262.15M+117% vs selected1,845−22% vs selected
2 Jul 20261.33M+34% vs selected2,095−11% vs selected
26 Jun 20262.83M+186% vs selected2,425+3% vs selected
9 Apr 20263.7M+274% vs selected2,003−15% vs selected
16 Mar 202613.5M+1264% vs selected5,087+116% vs selected
17 Feb 20262.14M+116% vs selected1,836−22% vs selected
6 Feb 20262.25M+127% vs selected1,920−18% vs selected
5 Feb 20262.1M+112% vs selected2,168−8% vs selected
21 Jan 20264.9M+395% vs selected2,586+10% vs selected
21 Jan 20262.4M+142% vs selected2,149−9% vs selected
13 Jan 20261.14M+15% vs selected2,584+10% vs selected

04 / Renting it out

What similar apartments rent for

Median of 277 market rents of apartments of 358–484 sq ft in Business Bay. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 60,000
Per sqft / yr
AED 137/sqft
Gross yield
6.1%