724, Silicon Heights 2
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 724, Silicon Heights 2
What is 724 worth today?
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Source: Dubai Land Department. Updated 27 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 731 sqft
- Floor
- 7th of 9
- Parking
- P1-44
- Service charge
- AED 7,800 /yr
- Last sold
- AED 650K · October 2016
- Building
- Silicon Heights 2
About 724, Silicon Heights 2
724 is a one-bedroom apartment of 731 sqft on the 7th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 23 October 2016 for AED 650,000, or AED 889 per sqft, 7% above the AED 832 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 27 October 2025, is AED 62,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 7,800 a year.
Sales and rents for 724 over time
724 has sold once; the dashed line is the one-bed median of each year in the building.
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 724 sits
All 120 1-beds →724 last sold in October 2016 at AED 889 per sqft, 7% above what one-beds in Silicon Heights 2 were fetching at the time (AED 832). 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. 724's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 766 sqft | 745,000 | 972 | ||
| 7 Oct 20267 October 2026 | 732 sqft | 710,000 | 970 | ||
| 21 Jul 202621 July 2026 | 766 sqft | 725,000 | 946 | ||
| 4 Jun 20264 June 2026 | 848 sqft | 850,000 | 1,002 |
Silicon Heights 2
Building235 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%
Other units on the 7th floor
All 235 units in Silicon Heights 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 766 sqft | AED 760KAED 760,000 · Dec 2025December 2025 | 36,000 /yr | |
| 702 | 1-bed | 760 sqft | AED 617KAED 617,094 · Dec 2016December 2016 | 34,000 /yr | |
| 703 | 1-bed | 787 sqft | AED 700KAED 700,000 · Mar 2017March 2017 | 57,231 /yr | |
| 704 | 1-bed | 712 sqft | AED 662KAED 662,000 · Feb 2025February 2025 | 65,000 /yr | |
| 705 | Studio | 486 sqft | AED 520KAED 520,000 · Nov 2024November 2024 | 52,000 /yr | |
| 706 | 1-bed | 735 sqft | AED 465KAED 465,000 · Nov 2019November 2019 | 46,000 /yr | |
| 707 | 1-bed | 769 sqft | AED 625KAED 624,526 · Oct 2016October 2016 | 36,000 /yr | |
| 708 | 1-bed | 883 sqft | AED 635KAED 635,000 · Mar 2017March 2017 | 27,692 /yr | |
| 709 | 2-bed | 1,142 sqft | AED 780KAED 780,000 · May 2023May 2023 | 52,000 /yr | |
| 710 | 1-bed | 847 sqft | AED 705KAED 705,000 · Oct 2016October 2016 | 58,000 /yr | |
| 711 | Studio | 465 sqft | AED 456KAED 456,000 · Nov 2016November 2016 | 49,000 /yr | |
| 712 | 2-bed | 1,157 sqft | AED 1.09MAED 1,085,000 · Jul 2024July 2024 | 85,000 /yr | |
| 713 | 2-bed | 1,168 sqft | AED 839KAED 838,800 · Dec 2016December 2016 | 85,000 /yr | |
| 714 | Studio | 453 sqft | AED 460KAED 460,000 · Oct 2016October 2016 | 42,000 /yr | |
| 715 | Studio | 443 sqft | AED 460KAED 460,000 · Jun 2025June 2025 | 40,425 /yr | |
| 716 | Studio | 451 sqft | AED 440KAED 440,000 · Oct 2016October 2016 | 24,000 /yr | |
| 717 | 2-bed | 1,058 sqft | AED 485KAED 485,000 · Apr 2017April 2017 | 65,000 /yr | |
| 718 | 3-bed | 1,658 sqft | AED 1.15MAED 1,150,000 · Jun 2022June 2022 | 82,500 /yr | |
| 719 | Studio | 452 sqft | AED 445KAED 445,000 · Oct 2016October 2016 | 45,000 /yr | |
| 720 | 1-bed | 766 sqft | AED 745KAED 745,000 · Oct 2026October 2026 | 58,000 /yr | |
| 721 | Studio | 509 sqft | AED 335KAED 335,000 · Jan 2021January 2021 | 47,000 /yr | |
| 722 | Studio | 536 sqft | AED 500KAED 500,000 · Oct 2024October 2024 | 52,000 /yr | |
| 723 | 1-bed | 737 sqft | AED 623KAED 622,508 · Nov 2016November 2016 | 62,000 /yr | |
| 725 | 1-bed | 808 sqft | AED 680KAED 680,000 · Nov 2016November 2016 | 38,000 /yr | |
| 726 | 1-bed | 752 sqft | AED 600KAED 600,000 · Jul 2025July 2025 | 54,000 /yr | |
| 727 | 1-bed | 766 sqft | AED 725KAED 725,000 · Jul 2026July 2026 | 55,000 /yr |
724, Silicon Heights 2 in numbers
- Sold once: by the developer on 23 October 2016 for AED 650,000, or AED 889 per sqft.
- Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 34,000 in 2022 and recovered to AED 62,000 by October 2025.
- At AED 62,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 7,800 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 27 October 2025.
Questions about 724, Silicon Heights 2
What did unit 724 last sell for?
AED 650,000 on 23 October 2016, sold by the developer: AED 889 per sqft for 731 sqft. It is the only registered sale of the unit.
What is the rent for unit 724?
AED 62,000 a year on the contract signed on 27 October 2025. The previous contract, from February 2025, was AED 50,000; the unit has been rented since January 2017.
How big is unit 724?
731 sqft (67.9 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower.
What is unit 724 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 724, Silicon Heights 2
Starts from the last sale price (AED 650K, 23 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →