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2-bed · 1,057 sqftSilicon Heights 2, Dubai Silicon Oasis · 3rd floor

317, Silicon Heights 2

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

Unit 317 · DLD and Ejari recordsUpdated 4 May 2019
Last soldAED 1.04M6 September 2017
Current rentAED 72K /yr4 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 317, Silicon Heights 2

What is 317 worth today?

Last sold for AED 1,035,000 in 2017

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4 May 2019RentedNew contract
AED 72,000/yr12 months · AED 68 per sqft
1 Jan 2018RentedNew contract
AED 83,902/yr12 months · AED 79 per sqft
6 Sep 2017SoldReady
AED 1,035,000AED 978 per sqft
1 Jan 2017RentedNew contract
AED 85,000/yr12 months · AED 80 per sqft
27 Nov 2016Sold by developerReady
AED 965,000AED 912 per sqft

Source: Dubai Land Department. Updated 4 May 2019.

Key facts

Type
2-bed apartment
Size
1,057 sqft
Floor
3rd of 9
Parking
B-83, B-84
Service charge
AED 11,300 /yr
Last sold
AED 1.04M · September 2017
Building
Silicon Heights 2

About 317, Silicon Heights 2

317 is a two-bedroom apartment of 1,057 sqft on the 3rd floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. It last sold on 6 September 2017 for AED 1,035,000, or AED 978 per sqft, 34% above the AED 731 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 4 May 2019, is AED 72,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 11,300 a year.

Sales and rents for 317 over time

Sales
Unit 317, each saleTypical two-bed in Silicon Heights 2
800K1M20162018202020222024Typical sale price by year: 2016 AED 839,035; 2017 AED 997,500; 2023 AED 780,000Sold by developer, November 2016: AED 965,000 (AED 912 per sqft)Sold, September 2017: AED 1,035,000 (AED 978 per sqft)

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

Rents
Unit 317, 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, January 2017: AED 85,000 a yearNew contract, January 2018: AED 83,902 a yearNew contract, May 2019: AED 72,000 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 317 sits

All 34 2-beds →

317 last sold in September 2017 at AED 978 per sqft, 34% above 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. 317's AED 72,000 is in the lower half 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 3rd floor

All 235 units in Silicon Heights 2
Value
3011-bedAED 700K · Dec 2017
3021-bedAED 663K · Nov 2016
3031-bedAED 650K · May 2025
3041-bedAED 570K · Jul 2022
305StudioAED 485K · Nov 2016
3061-bedAED 525K · Jun 2023
3071-bedAED 562K · Oct 2016
1–7 of 25

317, Silicon Heights 2 in numbers

  • Sold twice: first on 27 November 2016 for AED 965,000, last on 6 September 2017 for AED 1,035,000 (AED 978 per sqft).
  • Rented since January 2017 on 3 Ejari contracts, from AED 85,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 11,300 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 4 May 2019.

Questions about 317, Silicon Heights 2

What did unit 317 last sell for?

AED 1,035,000 on 6 September 2017: AED 978 per sqft for 1,057 sqft. The unit has 2 registered sales; the first was AED 965,000 in November 2016.

What is the rent for unit 317?

AED 72,000 a year on the contract signed on 4 May 2019. The previous contract, from January 2018, was AED 83,902; the unit has been rented since January 2017.

How big is unit 317?

1,057 sqft (98.2 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 317 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 317, Silicon Heights 2

Starts from the last sale price (AED 1.04M, 6 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,035,000
Deposit, UAE resident (20%)
AED 207,000
Deposit, non-resident (40%)
AED 414,000
Monthly over 25 years at 3.7%
AED 4,235

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