2-bed · 1,157 sqftSilicon Heights 2, Dubai Silicon Oasis · 2nd floor

212, Silicon Heights 2

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 16 December 2022
Last soldAED 832K8 December 2016
Current rentAED 50K /yr16 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Silicon Heights 2

What is 212 worth today?

Last sold for AED 831,687 in 2016

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16 Dec 2022RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
25 Apr 2021RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
1 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
1 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
1 Sep 2018RentedNew contract
AED 82,000/yr12 months · AED 71 per sqft
31 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
8 Dec 2016Sold by developerReady
AED 831,687AED 718 per sqft
1 Sep 2016RentedNew contract
AED 92,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 16 December 2022.

Key facts

Type
2-bed apartment
Size
1,157 sqft
Floor
2nd of 9
Parking
B-69, B-70
Service charge
AED 12,300 /yr
Last sold
AED 832K · December 2016

About 212, Silicon Heights 2

212 is a two-bedroom apartment of 1,157 sqft on the 2nd floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 8 December 2016 for AED 831,687, or AED 718 per sqft, in line with the AED 731 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 16 December 2022, is AED 50,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 12,300 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Silicon Heights 2
800K900K1M20162018202020222024Typical sale price by year: 2016 AED 839,035; 2017 AED 997,500; 2023 AED 780,000Sold by developer, December 2016: AED 831,687 (AED 718 per sqft)

212 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 212, each contractTypical two-bed in Silicon Heights 2
60K80K2016201920222025Typical rent by year: 2016 AED 92,000; 2017 AED 83,000; 2018 AED 82,250; 2019 AED 70,000; 2020 AED 57,000; 2021 AED 50,000; 2022 AED 54,000; 2023 AED 60,500; 2024 AED 69,000; 2025 AED 75,877; 2026 AED 85,000New contract, September 2016: AED 92,000 a yearNew contract, August 2017: AED 90,000 a yearNew contract, September 2018: AED 82,000 a yearNew contract, October 2019: AED 70,000 a yearNew contract, October 2020: AED 70,000 a yearNew contract, April 2021: AED 50,000 a yearNew contract, December 2022: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Silicon Heights 2, and where 212 sits

All 34 2-beds →

212 last sold in December 2016 at AED 718 per sqft, in line with what two-beds in Silicon Heights 2 were fetching at the time (AED 731). Over the last 12 months two-beds sold for AED 1,075,000 to 1,260,000, around AED 1,014 per sqft, and rent for AED 62,370 to 90,000 a year. 212's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Aug 20261,075,000
21 Jan 20261,260,000
21 Oct 20251,300,000
30 Jul 20251,200,000
2 2-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 2nd floor

All 235 units in Silicon Heights 2
Value
2011-bedAED 470K · Sep 2021
2021-bedAED 705K · Sep 2025
2031-bedAED 700K · Nov 2016
2041-bedAED 640K · Sep 2016
205StudioAED 468K · Oct 2016
2061-bedAED 640K · Apr 2018
2071-bedAED 615K · Nov 2016
1–7 of 25

212, Silicon Heights 2 in numbers

  • Sold once: by the developer on 8 December 2016 for AED 831,687, or AED 718 per sqft.
  • Rented since September 2016 on 7 Ejari contracts, from AED 92,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 12,300 a year (AED 10.65 per sqft).
  • Two-beds in Silicon Heights 2 sold for AED 1,075,000–1,260,000 in the 12 months to November 2026; the building's median across all types is AED 991 per sqft.

Source: Dubai Land Department. Updated 16 December 2022.

Questions about 212, Silicon Heights 2

What did unit 212 last sell for?

AED 831,687 on 8 December 2016, sold by the developer: AED 718 per sqft for 1,157 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 50,000 a year on the contract signed on 16 December 2022. The previous contract, from April 2021, was AED 50,000; the unit has been rented since September 2016.

How big is unit 212?

1,157 sqft (107.5 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Heights 2 sold for AED 1,075,000 to 1,260,000 in the last 12 months, around AED 1,014 per sqft.

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Mortgage on 212, Silicon Heights 2

Starts from the last sale price (AED 832K, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 831,687
Deposit, UAE resident (20%)
AED 166,337
Deposit, non-resident (40%)
AED 332,675
Monthly over 25 years at 3.7%
AED 3,403

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