514, Silicon Avenue
Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Silicon Avenue
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Source: Dubai Land Department. Updated 25 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 5th of 6
- Parking
- G - 60
- Developer
- York Shire Corporation
- Completed
- 2010
- Service charge
- AED 4,700 /yr
- Last sold
- AED 742K · June 2015
- Building
- Silicon Avenue
About 514, Silicon Avenue
514 is a studio of 473 sqft on the 5th floor of Silicon Avenue, a 6-storey tower in Dubai Silicon Oasis completed in 2010 by York Shire Corporation. The developer sold it on 1 June 2015 for AED 742,188, or AED 1,568 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 25 December 2024, is AED 40,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 4,700 a year.
Studios in Silicon Avenue, and where 514 sits
All 1 studios →Silicon Avenue
Building11 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%
Other units on the 5th floor
All 11 units in Silicon Avenue514, Silicon Avenue in numbers
- Sold once: by York Shire Corporation on 1 June 2015 for AED 742,188, or AED 1,568 per sqft.
- Rented since June 2021 on 3 Ejari contracts, from AED 21,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 4,700 a year (AED 9.95 per sqft).
Source: Dubai Land Department. Updated 25 December 2024.
Questions about 514, Silicon Avenue
What did unit 514 last sell for?
AED 742,188 on 1 June 2015, sold by the developer: AED 1,568 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 514?
AED 40,000 a year on the contract signed on 25 December 2024. The previous contract, from June 2024, was AED 32,000; the unit has been rented since June 2021.
How big is unit 514?
473 sqft (43.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2010.
What is unit 514 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 514, Silicon Avenue
Starts from the last sale price (AED 742K, 1 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 742,188
- Deposit, UAE resident (20%)
- AED 148,438
- Deposit, non-resident (40%)
- AED 296,875
- Monthly over 25 years at 3.7%
- AED 3,037
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →