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1-bed · 712 sqftSilicon Heights 2, Dubai Silicon Oasis · 5th floor

504, Silicon Heights 2

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

Unit 504 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 640K2 November 2016
Current rentAED 58K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Silicon Heights 2

What is 504 worth today?

Last sold for AED 640,000 in 2016

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15 Oct 2024RentedNew contract
AED 58,000/yr12 months · AED 82 per sqft
17 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 45 per sqft
1 Dec 2019RentedNew contract
AED 37,000/yr12 months · AED 52 per sqft
1 Dec 2018RentedNew contract
AED 55,000/yr12 months · AED 77 per sqft
1 Dec 2017RentedNew contract
AED 57,000/yr12 months · AED 80 per sqft
2 Nov 2016Sold by developerReady
AED 640,000AED 899 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
712 sqft
Floor
5th of 9
Parking
B-123
Service charge
AED 7,600 /yr
Last sold
AED 640K · November 2016
Building
Silicon Heights 2

About 504, Silicon Heights 2

504 is a one-bedroom apartment of 712 sqft on the 5th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 2 November 2016 for AED 640,000, or AED 899 per sqft, 8% above the AED 829 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 October 2024, is AED 58,000 a year: a gross yield of 9.1% on the 2016 price, before the service charge of about AED 7,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, November 2016: AED 640,000 (AED 899 per sqft)

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

Rents
Unit 504, 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, December 2017: AED 57,000 a yearNew contract, December 2018: AED 55,000 a yearNew contract, December 2019: AED 37,000 a yearNew contract, September 2020: AED 32,000 a yearNew contract, October 2024: AED 58,000 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 504 sits

All 120 1-beds →

504 last sold in November 2016 at AED 899 per sqft, 8% above what one-beds in Silicon Heights 2 were fetching at the time (AED 829). 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. 504's AED 58,000 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 5th floor

All 235 units in Silicon Heights 2
Value
5011-bedAED 670K · Sep 2016
5021-bedAED 617K · Jan 2017
5031-bedAED 700K · Apr 2017
505StudioAED 360K · Aug 2023
5061-bedAED 470K · Jan 2023
5071-bedAED 660K · Mar 2025
5081-bedAED 765K · May 2026
1–7 of 26

504, Silicon Heights 2 in numbers

  • Sold once: by the developer on 2 November 2016 for AED 640,000, or AED 899 per sqft.
  • Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 57,000 to AED 32,000 in 2020 and recovered to AED 58,000 by October 2024.
  • At AED 58,000 a year the gross yield on the 2016 price is 9.1%, 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 15 October 2024.

Questions about 504, Silicon Heights 2

What did unit 504 last sell for?

AED 640,000 on 2 November 2016, sold by the developer: AED 899 per sqft for 712 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 58,000 a year on the contract signed on 15 October 2024. The previous contract, from September 2020, was AED 32,000; the unit has been rented since December 2017.

How big is unit 504?

712 sqft (66.1 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 504 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 504, Silicon Heights 2

Starts from the last sale price (AED 640K, 2 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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