1-bed · 787 sqftSilicon Heights 2, Dubai Silicon Oasis · 4th floor

403, Silicon Heights 2

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 575K26 October 2016
Current rentAED 45K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Silicon Heights 2

What is 403 worth today?

Last sold for AED 575,147 in 2016

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1 Aug 2024RentedRenewal
AED 45,000/yr12 months · AED 57 per sqft
1 Aug 2023RentedNew contract
AED 38,500/yr12 months · AED 49 per sqft
1 Aug 2022RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
1 Aug 2021RentedNew contract
AED 31,000/yr12 months · AED 39 per sqft
1 Aug 2020RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
1 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft
14 Jul 2017RentedNew contract
AED 58,000/yr12 months · AED 74 per sqft
5 Jan 2017RentedNew contract
AED 60,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
787 sqft
Floor
4th of 9
Parking
B-100
Service charge
AED 8,400 /yr
Last sold
AED 575K · October 2016

About 403, Silicon Heights 2

403 is a one-bedroom apartment of 787 sqft on the 4th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 26 October 2016 for AED 575,147, or AED 731 per sqft, 11% below the AED 820 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 45,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 8,400 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, October 2016: AED 575,147 (AED 731 per sqft)

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

Rents
Unit 403, 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, January 2017: AED 60,000 a yearNew contract, July 2017: AED 58,000 a yearNew contract, November 2017: AED 60,000 a yearNew contract, August 2020: AED 36,000 a yearNew contract, August 2021: AED 31,000 a yearNew contract, August 2022: AED 35,000 a yearNew contract, August 2023: AED 38,500 a yearRenewal, August 2024: AED 45,000 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 Heights 2, and where 403 sits

All 120 1-beds →

403 last sold in October 2016 at AED 731 per sqft, 11% below what one-beds in Silicon Heights 2 were fetching at the time (AED 820). 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. 403's AED 45,000 is in the lower half 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 4th floor

All 235 units in Silicon Heights 2
Value
4011-bedAED 700K · Feb 2017
4021-bedAED 617K · Nov 2016
4041-bedAED 578K · Oct 2016
405StudioAED 480K · Oct 2016
4061-bedAED 508K · Dec 2018
4071-bedAED 655K · Sep 2016
4081-bedAED 653K · May 2018
1–7 of 26

403, Silicon Heights 2 in numbers

  • Sold once: by the developer on 26 October 2016 for AED 575,147, or AED 731 per sqft.
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 31,000 in 2021 and recovered to AED 45,000 by August 2024.
  • At AED 45,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 8,400 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 1 August 2024.

Questions about 403, Silicon Heights 2

What did unit 403 last sell for?

AED 575,147 on 26 October 2016, sold by the developer: AED 731 per sqft for 787 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 45,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 38,500; the unit has been rented since January 2017.

How big is unit 403?

787 sqft (73.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 403 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 403, Silicon Heights 2

Starts from the last sale price (AED 575K, 26 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 575,147
Deposit, UAE resident (20%)
AED 115,029
Deposit, non-resident (40%)
AED 230,059
Monthly over 25 years at 3.7%
AED 2,353

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