1-bed · 782 sqftSilicon Avenue, Dubai Silicon Oasis · 3rd floor · completed 2010

312, Silicon Avenue

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 May 2021
Last soldAED 955K25 December 2012
Current rentAED 35K /yr10 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Silicon Avenue

What is 312 worth today?

Last sold for AED 954,600 in 2012

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10 May 2021RentedRenewal
AED 35,000/yr13 months · AED 45 per sqft
10 May 2020RentedRenewal
AED 42,000/yr12 months · AED 53 per sqft
10 May 2018RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
10 May 2017RentedRenewal
AED 57,000/yr12 months · AED 73 per sqft
10 May 2016RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
31 Aug 2015RentedRenewal
AED 54,848/yr12 months · AED 70 per sqft
1 Sep 2014RentedNew contract
AED 52,000/yr12 months · AED 66 per sqft
25 Dec 2012SoldReady
AED 954,600AED 1,220 per sqft

Source: Dubai Land Department. Updated 10 May 2021.

Key facts

Type
1-bed apartment
Size
782 sqft
Floor
3rd of 6
Parking
G - 34
Developer
York Shire Corporation
Completed
2010
Service charge
AED 7,800 /yr
Last sold
AED 955K · December 2012

About 312, Silicon Avenue

312 is a one-bedroom apartment of 782 sqft on the 3rd floor of Silicon Avenue, a 6-storey tower in Dubai Silicon Oasis completed in 2010 by York Shire Corporation. It last sold on 25 December 2012 for AED 954,600, or AED 1,220 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 May 2021, is AED 35,000 a year: a gross yield of 3.7% on the 2012 price, before the service charge of about AED 7,800 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Silicon Avenue
940K950K200920112013Typical sale price by year: 2009 AED 954,619; 2010 AED 934,250Sold by developer, May 2009: AED 954,600 (AED 1,220 per sqft)Sold, December 2012: AED 954,600 (AED 1,220 per sqft)

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

Rents
Unit 312, each contractTypical one-bed in Silicon Avenue
40K60K2013201720212025Typical rent by year: 2013 AED 43,000; 2014 AED 52,000; 2015 AED 57,426; 2016 AED 59,000; 2017 AED 58,000; 2018 AED 50,000; 2019 AED 44,000; 2020 AED 42,000; 2021 AED 34,000; 2022 AED 36,475; 2023 AED 40,000; 2024 AED 46,230; 2025 AED 48,000; 2026 AED 50,000New contract, September 2014: AED 52,000 a yearRenewal, August 2015: AED 54,848 a yearNew contract, May 2016: AED 60,000 a yearRenewal, May 2017: AED 57,000 a yearNew contract, May 2018: AED 50,000 a yearRenewal, May 2020: AED 42,000 a yearRenewal, May 2021: AED 35,000 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 Silicon Avenue, and where 312 sits

All 9 1-beds →

Over the last 12 months one-beds sold for AED 490,000, around AED 622 per sqft, and rent for AED 45,200 to 60,000 a year. 312's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 2026490,000
18 Dec 2023465,000
14 Sep 2023541,000
9 Apr 2015640,000
1 1-bed sale in the last 12 months

Silicon Avenue

Building

11 apartments, studios to 2-bed over 6 floors in Dubai Silicon Oasis, completed in 2010 by York Shire Corporation. 1 sold in the last 12 months.

Typical price per sqft
AED 622
Typical sale
AED 490K
Typical rent
AED 50K /yr
Typical yield
10.2%
Silicon Avenue, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 11 units in Silicon Avenue
Value
3051-bedAED 934K · Aug 2010
3081-bedAED 490K · Jan 2026
3091-bedAED 931K · Jul 2010
3111-bedAED 450K · Mar 2013
3131-bedAED 465K · Dec 2023

312, Silicon Avenue in numbers

  • Sold twice: first on 18 May 2009 for AED 954,600, last on 25 December 2012 for AED 954,600 (AED 1,220 per sqft).
  • Rented since September 2014 on 7 Ejari contracts, from AED 52,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2012 price is 3.7%, before a service charge of about AED 7,800 a year (AED 9.95 per sqft).
  • One-beds in Silicon Avenue sold for AED 490,000–490,000 in the 12 months to November 2026; the building's median across all types is AED 622 per sqft.

Source: Dubai Land Department. Updated 10 May 2021.

Questions about 312, Silicon Avenue

What did unit 312 last sell for?

AED 954,600 on 25 December 2012: AED 1,220 per sqft for 782 sqft. The unit has 2 registered sales; the first was AED 954,600 in May 2009.

What is the rent for unit 312?

AED 35,000 a year on the contract renewed on 10 May 2021. The previous contract, from May 2020, was AED 42,000; the unit has been rented since September 2014.

How big is unit 312?

782 sqft (72.7 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2010.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Avenue sold for AED 490,000 to 490,000 in the last 12 months, around AED 622 per sqft.

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Mortgage on 312, Silicon Avenue

Starts from the last sale price (AED 955K, 25 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 954,600
Deposit, UAE resident (20%)
AED 190,920
Deposit, non-resident (40%)
AED 381,840
Monthly over 25 years at 3.7%
AED 3,906

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