Studio · 451 sqftSilicon Heights 2, Dubai Silicon Oasis · 5th floor

516, Silicon Heights 2

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

Unit 516 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 400K2 February 2017
Current rentAED 47K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Silicon Heights 2

What is 516 worth today?

Last sold for AED 400,000 in 2017

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1 Feb 2026RentedNew contract
AED 47,000/yr12 months · AED 104 per sqft
27 Jan 2025RentedNew contract
AED 34,000/yr12 months · AED 75 per sqft
27 Jan 2025RentedNew contract
AED 34,000/yr12 months · AED 75 per sqft
27 Jan 2023RentedNew contract
AED 27,500/yr12 months · AED 61 per sqft
27 Jan 2020RentedNew contract
AED 30,000/yr12 months · AED 67 per sqft
12 Jan 2019RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
12 Jan 2018RentedNew contract
AED 43,000/yr12 months · AED 95 per sqft
2 Feb 2017Sold by developerReady
AED 400,000AED 887 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
5th of 9
Parking
P1-116
Service charge
AED 4,800 /yr
Last sold
AED 400K · February 2017

About 516, Silicon Heights 2

516 is a studio of 451 sqft on the 5th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 2 February 2017 for AED 400,000, or AED 887 per sqft, 10% below the AED 981 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 February 2026, is AED 47,000 a year: a gross yield of 11.8% on the 2017 price, before the service charge of about AED 4,800 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical studio in Silicon Heights 2
300K400K500K2016201920222025Typical sale price by year: 2016 AED 469,000; 2017 AED 480,000; 2018 AED 475,000; 2021 AED 312,500; 2023 AED 360,000; 2024 AED 460,000; 2025 AED 465,000Sold by developer, February 2017: AED 400,000 (AED 887 per sqft)

516 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 516, each contractTypical studio in Silicon Heights 2
20K40K2016201920222025Typical rent by year: 2016 AED 45,000; 2017 AED 43,000; 2018 AED 40,000; 2019 AED 32,000; 2020 AED 25,000; 2021 AED 24,000; 2022 AED 27,000; 2023 AED 30,360; 2024 AED 38,000; 2025 AED 44,000; 2026 AED 43,000New contract, September 2016: AED 45,500 a yearNew contract, January 2018: AED 43,000 a yearNew contract, January 2019: AED 36,000 a yearNew contract, January 2020: AED 30,000 a yearNew contract, January 2023: AED 27,500 a yearNew contract, January 2025: AED 34,000 a yearNew contract, January 2025: AED 34,000 a yearNew contract, February 2026: AED 47,000 a year

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

Studios in Silicon Heights 2, and where 516 sits

All 72 studios →

516 last sold in February 2017 at AED 887 per sqft, 10% below what studios in Silicon Heights 2 were fetching at the time (AED 981). 516's AED 47,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2025555,000
17 Jun 2025460,000
2 Jun 2025460,000
14 Mar 2025470,000
0 studio 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
5041-bedAED 640K · Nov 2016
505StudioAED 360K · Aug 2023
5061-bedAED 470K · Jan 2023
5071-bedAED 660K · Mar 2025
1–7 of 26

516, Silicon Heights 2 in numbers

  • Sold once: by the developer on 2 February 2017 for AED 400,000, or AED 887 per sqft.
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 45,500 to AED 27,500 in 2023 and recovered to AED 47,000 by February 2026.
  • At AED 47,000 a year the gross yield on the 2017 price is 11.8%, before a service charge of about AED 4,800 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 516, Silicon Heights 2

What did unit 516 last sell for?

AED 400,000 on 2 February 2017, sold by the developer: AED 887 per sqft for 451 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 47,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2025, was AED 34,000; the unit has been rented since September 2016.

How big is unit 516?

451 sqft (41.9 sqm): a studio on the 5th floor of a 9-storey tower.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 516, Silicon Heights 2

Starts from the last sale price (AED 400K, 2 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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