1-bed · 783 sqftSilicon Avenue, Dubai Silicon Oasis · 6th floor · completed 2010

616, Silicon Avenue

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 541K14 September 2023
Current rentAED 48K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Silicon Avenue

What is 616 worth today?

Last sold for AED 541,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2026RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
1 Oct 2026RentedRenewal
AED 50,000/yr12 months · AED 64 per sqft
8 Oct 2025RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
1 Oct 2025RentedNew contract
AED 48,000/yr12 months · AED 61 per sqft
25 Sep 2024RentedRenewal
AED 46,230/yr12 months · AED 59 per sqft
25 Sep 2023RentedNew contract
AED 45,000/yr12 months · AED 57 per sqft
14 Sep 2023SoldReady
AED 541,000AED 690 per sqft
19 May 2022RentedNew contract
AED 40,000/yr24 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
783 sqft
Floor
6th of 6
Parking
G - 75
Developer
York Shire Corporation
Completed
2010
Service charge
AED 7,800 /yr
Last sold
AED 541K · September 2023

About 616, Silicon Avenue

616 is a one-bedroom apartment of 783 sqft on the 6th floor of Silicon Avenue, a 6-storey tower in Dubai Silicon Oasis completed in 2010 by York Shire Corporation. It last sold on 14 September 2023 for AED 541,000, or AED 690 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 October 2026, is AED 48,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical one-bed in Silicon Avenue
500K1M2009201320172021Typical sale price by year: 2009 AED 954,619; 2010 AED 934,250Sold by developer, May 2009: AED 1,220,400 (AED 1,558 per sqft)Sold, May 2011: AED 1,000,000 (AED 1,276 per sqft)Sold, September 2023: AED 541,000 (AED 690 per sqft)

616 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 616, 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, November 2015: AED 40,000 a yearRenewal, November 2016: AED 40,000 a yearNew contract, October 2019: AED 40,000 a yearNew contract, May 2022: AED 40,000 a yearNew contract, September 2023: AED 45,000 a yearRenewal, September 2024: AED 46,230 a yearNew contract, October 2025: AED 48,000 a yearNew contract, October 2025: AED 48,000 a yearNew contract, October 2026: AED 48,000 a yearRenewal, October 2026: AED 50,000 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 616 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. 616's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 2026490,000
18 Dec 2023465,000
9 Apr 2015640,000
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 →

616, Silicon Avenue in numbers

  • Sold 3 times: first on 28 May 2009 for AED 1,220,400, last on 14 September 2023 for AED 541,000 (AED 690 per sqft).
  • Rented since November 2015 on 10 Ejari contracts, from AED 40,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 8.9%, 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 1 October 2026.

Questions about 616, Silicon Avenue

What did unit 616 last sell for?

AED 541,000 on 14 September 2023: AED 690 per sqft for 783 sqft. The unit has 3 registered sales; the first was AED 1,220,400 in May 2009.

What is the rent for unit 616?

AED 48,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2026, was AED 50,000; the unit has been rented since November 2015.

How big is unit 616?

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

What is unit 616 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.

Selling 616? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 616, Silicon Avenue

Starts from the last sale price (AED 541K, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 541,000
Deposit, UAE resident (20%)
AED 108,200
Deposit, non-resident (40%)
AED 216,400
Monthly over 25 years at 3.7%
AED 2,213

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