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2-bed · 528 sqftSilicon Heights 2, Dubai Silicon Oasis · 6th floor

617, Silicon Heights 2

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

Unit 617 · DLD and Ejari recordsUpdated 25 January 2020
Last soldAED 960K19 January 2017
Current rentAED 63K /yr25 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 617, Silicon Heights 2

What is 617 worth today?

Last sold for AED 960,000 in 2017

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25 Jan 2020RentedNew contract
AED 63,000/yr12 months · AED 60 per sqft
10 Nov 2017RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft
19 Jan 2017Sold by developerReady
AED 960,000AED 907 per sqft
5 Oct 2016RentedNew contract
AED 95,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 25 January 2020.

Key facts

Type
2-bed apartment
Size
528 sqft
Floor
6th of 9
Parking
P1-3, P1-4
Service charge
AED 5,600 /yr
Last sold
AED 960K · January 2017
Building
Silicon Heights 2

About 617, Silicon Heights 2

617 is a two-bedroom apartment of 528 sqft on the 6th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 19 January 2017 for AED 960,000, or AED 907 per sqft, 24% above the AED 731 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 25 January 2020, is AED 63,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 5,600 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical two-bed in Silicon Heights 2
800K900K1M20162018202020222024Typical sale price by year: 2016 AED 839,035; 2017 AED 997,500; 2023 AED 780,000Sold by developer, January 2017: AED 960,000 (AED 907 per sqft)

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

Rents
Unit 617, each contractTypical two-bed in Silicon Heights 2
50K75K100K2016201920222025Typical 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, October 2016: AED 95,000 a yearNew contract, November 2017: AED 80,000 a yearNew contract, January 2020: AED 63,000 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 617 sits

All 34 2-beds →

617 last sold in January 2017 at AED 907 per sqft, 24% 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. 617's AED 63,000 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 6th floor

All 235 units in Silicon Heights 2
Value
6011-bedAED 600K · Oct 2024
6021-bedAED 680K · May 2025
6031-bedAED 660K · Feb 2025
6041-bedAED 640K · Nov 2016
605StudioAED 485K · Nov 2016
6061-bedAED 513K · Jan 2019
6071-bedAED 500K · May 2023
1–7 of 26

617, Silicon Heights 2 in numbers

  • Sold once: by the developer on 19 January 2017 for AED 960,000, or AED 907 per sqft.
  • Rented since October 2016 on 3 Ejari contracts, from AED 95,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 5,600 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 25 January 2020.

Questions about 617, Silicon Heights 2

What did unit 617 last sell for?

AED 960,000 on 19 January 2017, sold by the developer: AED 907 per sqft for 528 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 63,000 a year on the contract signed on 25 January 2020. The previous contract, from November 2017, was AED 80,000; the unit has been rented since October 2016.

How big is unit 617?

528 sqft (49.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 617 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 617, Silicon Heights 2

Starts from the last sale price (AED 960K, 19 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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