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2-bed · 1,142 sqftSilicon Heights 2, Dubai Silicon Oasis · 7th floor

709, Silicon Heights 2

Sold prices and rental history: sold twice, last in May 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 17 May 2023
Last soldAED 780K17 May 2023
Current rentAED 52K /yr5 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Silicon Heights 2

What is 709 worth today?

Last sold for AED 780,000 in 2023

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17 May 2023SoldReady
AED 780,000AED 681 per sqft
6 Dec 2021Sold by developerReady
AED 370,000AED 323 per sqft
5 Nov 2021RentedRenewal
AED 52,000/yr12 months · AED 45 per sqft
5 Nov 2020RentedNew contract
AED 52,000/yr12 months · AED 45 per sqft
15 Nov 2016RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 17 May 2023.

Key facts

Type
2-bed apartment
Size
1,142 sqft
Floor
7th of 9
Parking
P1-8, P1-9
Service charge
AED 12,200 /yr
Last sold
AED 780K · May 2023
Building
Silicon Heights 2

About 709, Silicon Heights 2

709 is a two-bedroom apartment of 1,142 sqft on the 7th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. It last sold on 17 May 2023 for AED 780,000, or AED 681 per sqft, in line with the AED 681 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 5 November 2021, is AED 52,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 12,200 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical two-bed in Silicon Heights 2
500K1M20162018202020222024Typical sale price by year: 2016 AED 839,035; 2017 AED 997,500; 2023 AED 780,000Sold by developer, December 2021: AED 370,000 (AED 323 per sqft)Sold, May 2023: AED 780,000 (AED 681 per sqft)

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

Rents
Unit 709, 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, November 2016: AED 95,000 a yearNew contract, November 2020: AED 52,000 a yearRenewal, November 2021: AED 52,000 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 709 sits

All 34 2-beds →

709 last sold in May 2023 at AED 681 per sqft, in line with what two-beds in Silicon Heights 2 were fetching at the time (AED 681). 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. 709's AED 52,000 is at the bottom 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 7th floor

All 235 units in Silicon Heights 2
Value
7011-bedAED 760K · Dec 2025
7021-bedAED 617K · Dec 2016
7031-bedAED 700K · Mar 2017
7041-bedAED 662K · Feb 2025
705StudioAED 520K · Nov 2024
7061-bedAED 465K · Nov 2019
7071-bedAED 625K · Oct 2016
1–7 of 26

709, Silicon Heights 2 in numbers

  • Sold twice: first on 6 December 2021 for AED 370,000, last on 17 May 2023 for AED 780,000 (AED 681 per sqft).
  • Rented since November 2016 on 3 Ejari contracts, from AED 95,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 12,200 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 17 May 2023.

Questions about 709, Silicon Heights 2

What did unit 709 last sell for?

AED 780,000 on 17 May 2023: AED 681 per sqft for 1,142 sqft. The unit has 2 registered sales; the first was AED 370,000 in December 2021.

What is the rent for unit 709?

AED 52,000 a year on the contract renewed on 5 November 2021. The previous contract, from November 2020, was AED 52,000; the unit has been rented since November 2016.

How big is unit 709?

1,142 sqft (106.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 709 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 709, Silicon Heights 2

Starts from the last sale price (AED 780K, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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