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1-bed · 712 sqftSilicon Heights 2, Dubai Silicon Oasis · 4th floor

404, Silicon Heights 2

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

Unit 404 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 578K12 October 2016
Current rentAED 38K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Silicon Heights 2

What is 404 worth today?

Last sold for AED 578,182 in 2016

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20 Feb 2023RentedNew contract
AED 37,950/yr12 months · AED 53 per sqft
20 Feb 2022RentedNew contract
AED 33,000/yr12 months · AED 46 per sqft
20 Feb 2021RentedNew contract
AED 33,000/yr12 months · AED 46 per sqft
20 Feb 2020RentedNew contract
AED 39,500/yr12 months · AED 56 per sqft
1 Feb 2019RentedNew contract
AED 48,000/yr12 months · AED 67 per sqft
29 Nov 2017RentedNew contract
AED 59,000/yr12 months · AED 83 per sqft
29 Nov 2016RentedNew contract
AED 59,000/yr12 months · AED 83 per sqft
12 Oct 2016Sold by developerReady
AED 578,182AED 812 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
1-bed apartment
Size
712 sqft
Floor
4th of 9
Parking
B-101
Service charge
AED 7,600 /yr
Last sold
AED 578K · October 2016
Building
Silicon Heights 2

About 404, Silicon Heights 2

404 is a one-bedroom apartment of 712 sqft on the 4th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 12 October 2016 for AED 578,182, or AED 812 per sqft, 4% below the AED 843 one-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 20 February 2023, is AED 37,950 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 7,600 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 578,182 (AED 812 per sqft)

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

Rents
Unit 404, 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, November 2016: AED 59,000 a yearNew contract, November 2017: AED 59,000 a yearNew contract, February 2019: AED 48,000 a yearNew contract, February 2020: AED 39,500 a yearNew contract, February 2021: AED 33,000 a yearNew contract, February 2022: AED 33,000 a yearNew contract, February 2023: AED 37,950 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 404 sits

All 120 1-beds →

404 last sold in October 2016 at AED 812 per sqft, 4% below what one-beds in Silicon Heights 2 were fetching at the time (AED 843). 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. 404's AED 37,950 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 4th floor

All 235 units in Silicon Heights 2
Value
4011-bedAED 700K · Feb 2017
4021-bedAED 617K · Nov 2016
4031-bedAED 575K · 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

404, Silicon Heights 2 in numbers

  • Sold once: by the developer on 12 October 2016 for AED 578,182, or AED 812 per sqft.
  • Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 59,000 to AED 33,000 in 2022 and recovered to AED 37,950 by February 2023.
  • At AED 37,950 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 7,600 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 20 February 2023.

Questions about 404, Silicon Heights 2

What did unit 404 last sell for?

AED 578,182 on 12 October 2016, sold by the developer: AED 812 per sqft for 712 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 37,950 a year on the contract signed on 20 February 2023. The previous contract, from February 2022, was AED 33,000; the unit has been rented since November 2016.

How big is unit 404?

712 sqft (66.1 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 404 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 404, Silicon Heights 2

Starts from the last sale price (AED 578K, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 578,182
Deposit, UAE resident (20%)
AED 115,636
Deposit, non-resident (40%)
AED 231,273
Monthly over 25 years at 3.7%
AED 2,366

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