3-bed · 1,658 sqftSilicon Heights 2, Dubai Silicon Oasis · 6th floor

618, Silicon Heights 2

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 25 February 2024
Last soldAED 1.2M18 January 2017
Current rentAED 93K /yr25 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, Silicon Heights 2

What is 618 worth today?

Last sold for AED 1,200,000 in 2017

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25 Feb 2024RentedRenewal
AED 93,000/yr12 months · AED 56 per sqft
25 Feb 2023RentedNew contract
AED 93,000/yr12 months · AED 56 per sqft
15 Feb 2022RentedNew contract
AED 76,000/yr12 months · AED 46 per sqft
15 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
16 Dec 2020RentedNew contract
AED 68,000/yr12 months · AED 41 per sqft
12 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 48 per sqft
1 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 72 per sqft
18 Jan 2017Sold by developerReady
AED 1,200,000AED 723 per sqft

Source: Dubai Land Department. Updated 25 February 2024.

Key facts

Type
3-bed apartment
Size
1,658 sqft
Floor
6th of 9
Parking
P1-6, P1-7
Service charge
AED 17,700 /yr
Last sold
AED 1.2M · January 2017

About 618, Silicon Heights 2

618 is a three-bedroom apartment of 1,658 sqft on the 6th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 18 January 2017 for AED 1,200,000, or AED 723 per sqft, 11% below the AED 814 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 February 2024, is AED 93,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 17,700 a year.

Sales and rents for 618 over time

Sales
Unit 618, each saleTypical three-bed in Silicon Heights 2
1M1.2M1.4M201620172018Typical sale price by year: 2016 AED 1,350,000; 2017 AED 962,500Sold by developer, January 2017: AED 1,200,000 (AED 723 per sqft)

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

Rents
Unit 618, each contractTypical three-bed in Silicon Heights 2
100K2017202020232026Typical rent by year: 2017 AED 125,000; 2018 AED 115,000; 2019 AED 87,500; 2020 AED 72,000; 2021 AED 73,750; 2022 AED 82,500; 2023 AED 92,700; 2024 AED 94,500; 2025 AED 97,020; 2026 AED 115,000New contract, October 2018: AED 120,000 a yearNew contract, December 2019: AED 80,000 a yearNew contract, December 2020: AED 68,000 a yearNew contract, December 2021: AED 70,000 a yearNew contract, February 2022: AED 76,000 a yearNew contract, February 2023: AED 93,000 a yearRenewal, February 2024: AED 93,000 a year

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

3-beds in Silicon Heights 2, and where 618 sits

All 9 3-beds →

618 last sold in January 2017 at AED 723 per sqft, 11% below what three-beds in Silicon Heights 2 were fetching at the time (AED 814). Over the last 12 months three-beds sold for AED 1,730,000, around AED 1,043 per sqft, and rent for AED 100,000 to 120,000 a year. 618's AED 93,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Apr 20261,730,000
22 Sep 20251,600,000
18 Nov 20241,480,000
13 Oct 20231,250,000
1 3-bed sale 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

618, Silicon Heights 2 in numbers

  • Sold once: by the developer on 18 January 2017 for AED 1,200,000, or AED 723 per sqft.
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2020 and recovered to AED 93,000 by February 2024.
  • At AED 93,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 17,700 a year (AED 10.65 per sqft).
  • Three-beds in Silicon Heights 2 sold for AED 1,730,000–1,730,000 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 February 2024.

Questions about 618, Silicon Heights 2

What did unit 618 last sell for?

AED 1,200,000 on 18 January 2017, sold by the developer: AED 723 per sqft for 1,658 sqft. It is the only registered sale of the unit.

What is the rent for unit 618?

AED 93,000 a year on the contract renewed on 25 February 2024. The previous contract, from February 2023, was AED 93,000; the unit has been rented since October 2018.

How big is unit 618?

1,658 sqft (154.0 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 618 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silicon Heights 2 sold for AED 1,730,000 to 1,730,000 in the last 12 months, around AED 1,043 per sqft.

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Mortgage on 618, Silicon Heights 2

Starts from the last sale price (AED 1.2M, 18 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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