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1-bed · 737 sqftSilicon Heights 2, Dubai Silicon Oasis · 6th floor

623, 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 623 · DLD and Ejari recordsUpdated 10 August 2022
Last soldAED 599K6 October 2016
Current rentAED 38K /yr10 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Silicon Heights 2

What is 623 worth today?

Last sold for AED 599,163 in 2016

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10 Aug 2022RentedNew contract
AED 38,000/yr12 months · AED 52 per sqft
1 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
1 Aug 2019RentedNew contract
AED 46,000/yr12 months · AED 62 per sqft
15 Sep 2018RentedNew contract
AED 54,000/yr12 months · AED 73 per sqft
6 Oct 2016Sold by developerReady
AED 599,163AED 812 per sqft
15 Sep 2016RentedNew contract
AED 69,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 10 August 2022.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
6th of 9
Parking
P1-89
Service charge
AED 7,900 /yr
Last sold
AED 599K · October 2016
Building
Silicon Heights 2

About 623, Silicon Heights 2

623 is a one-bedroom apartment of 737 sqft on the 6th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 6 October 2016 for AED 599,163, or AED 812 per sqft, 4% below the AED 849 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 10 August 2022, is AED 38,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 7,900 a year.

Sales and rents for 623 over time

Sales
Unit 623, 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 599,163 (AED 812 per sqft)

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

Rents
Unit 623, 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, September 2016: AED 69,000 a yearNew contract, September 2018: AED 54,000 a yearNew contract, August 2019: AED 46,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, August 2022: AED 38,000 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 623 sits

All 120 1-beds →

623 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 849). 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. 623's AED 38,000 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 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

623, Silicon Heights 2 in numbers

  • Sold once: by the developer on 6 October 2016 for AED 599,163, or AED 812 per sqft.
  • Rented since September 2016 on 5 Ejari contracts, from AED 69,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 7,900 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 10 August 2022.

Questions about 623, Silicon Heights 2

What did unit 623 last sell for?

AED 599,163 on 6 October 2016, sold by the developer: AED 812 per sqft for 737 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 38,000 a year on the contract signed on 10 August 2022. The previous contract, from August 2020, was AED 40,000; the unit has been rented since September 2016.

How big is unit 623?

737 sqft (68.5 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 623 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 623, Silicon Heights 2

Starts from the last sale price (AED 599K, 6 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 599,163
Deposit, UAE resident (20%)
AED 119,833
Deposit, non-resident (40%)
AED 239,665
Monthly over 25 years at 3.7%
AED 2,451

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