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1-bed · 742 sqftSilicon Heights 2, Dubai Silicon Oasis · 1st floor

122, Silicon Heights 2

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 27 April 2023
Last soldAED 465K27 April 2023
Current rentAED 34K /yr11 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, Silicon Heights 2

What is 122 worth today?

Last sold for AED 465,000 in 2023

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27 Apr 2023SoldReady
AED 465,000AED 627 per sqft
11 Aug 2021RentedRenewal
AED 33,500/yr12 months · AED 45 per sqft
11 Aug 2020RentedNew contract
AED 33,500/yr12 months · AED 45 per sqft
20 Jul 2019RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
1 May 2018RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
1 May 2017RentedNew contract
AED 57,000/yr12 months · AED 77 per sqft
20 Feb 2017Sold by developerReady
AED 602,493AED 812 per sqft

Source: Dubai Land Department. Updated 27 April 2023.

Key facts

Type
1-bed apartment
Size
742 sqft
Floor
1st of 9
Parking
B-21
Service charge
AED 7,900 /yr
Last sold
AED 465K · April 2023
Building
Silicon Heights 2

About 122, Silicon Heights 2

122 is a one-bedroom apartment of 742 sqft on the 1st floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. It last sold on 27 April 2023 for AED 465,000, or AED 627 per sqft, in line with the AED 630 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 11 August 2021, is AED 33,500 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 7,900 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical one-bed in Silicon Heights 2
600K2016201920222025Typical sale price by year: 2016 AED 640,824; 2017 AED 677,500; 2018 AED 638,311; 2022 AED 475,000; 2023 AED 482,500; 2024 AED 590,000; 2025 AED 700,000; 2026 AED 742,500Sold by developer, February 2017: AED 602,493 (AED 812 per sqft)Sold, April 2023: AED 465,000 (AED 627 per sqft)

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

Rents
Unit 122, each contractTypical one-bed in Silicon Heights 2
40K60K2016201920222025Typical rent by year: 2016 AED 65,000; 2017 AED 60,000; 2018 AED 56,500; 2019 AED 45,000; 2020 AED 37,250; 2021 AED 34,000; 2022 AED 38,000; 2023 AED 42,881; 2024 AED 51,000; 2025 AED 58,000; 2026 AED 59,000New contract, May 2017: AED 57,000 a yearNew contract, May 2018: AED 52,000 a yearNew contract, July 2019: AED 38,000 a yearNew contract, August 2020: AED 33,500 a yearRenewal, August 2021: AED 33,500 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 Heights 2, and where 122 sits

All 120 1-beds →

122 last sold in April 2023 at AED 627 per sqft, in line with what one-beds in Silicon Heights 2 were fetching at the time (AED 630). Over the last 12 months one-beds sold for AED 670,000 to 850,000, around AED 982 per sqft, and rent for AED 44,000 to 100,000 a year. 122's AED 33,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026745,000
7 Oct 2026710,000
21 Jul 2026725,000
4 Jun 2026850,000
10 1-bed sales in the last 12 months

Silicon Heights 2

Building

235 apartments, studios to 3-bed over 9 floors in Dubai Silicon Oasis. 13 sold in the last 12 months.

Typical price per sqft
AED 991 Up 5.5%
Typical sale
AED 760K
Typical rent
AED 54K /yr
Typical yield
8.1%
Silicon Heights 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 235 units in Silicon Heights 2
Value
1011-bedAED 675K · May 2017
1021-bedAED 450K · Mar 2023
103StudioAED 515K · Nov 2024
1041-bedAED 597K · Jan 2017
1051-bedAED 562K · Oct 2016
1061-bedAED 700K · Jan 2025
1072-bedAED 1.09M · Jun 2017
1–7 of 21

122, Silicon Heights 2 in numbers

  • Sold twice: first on 20 February 2017 for AED 602,493, last on 27 April 2023 for AED 465,000 (AED 627 per sqft).
  • Rented since May 2017 on 5 Ejari contracts, from AED 57,000 to AED 33,500 a year.
  • At AED 33,500 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 7,900 a year (AED 10.65 per sqft).
  • One-beds in Silicon Heights 2 sold for AED 670,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 991 per sqft.

Source: Dubai Land Department. Updated 27 April 2023.

Questions about 122, Silicon Heights 2

What did unit 122 last sell for?

AED 465,000 on 27 April 2023: AED 627 per sqft for 742 sqft. The unit has 2 registered sales; the first was AED 602,493 in February 2017.

What is the rent for unit 122?

AED 33,500 a year on the contract renewed on 11 August 2021. The previous contract, from August 2020, was AED 33,500; the unit has been rented since May 2017.

How big is unit 122?

742 sqft (68.9 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Heights 2 sold for AED 670,000 to 850,000 in the last 12 months, around AED 982 per sqft.

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Mortgage on 122, Silicon Heights 2

Starts from the last sale price (AED 465K, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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