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1-bed · 737 sqftSilicon Heights 2, Dubai Silicon Oasis · 8th floor

823, Silicon Heights 2

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 823 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 450K20 February 2023
Current rentAED 34K /yr2 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 823, Silicon Heights 2

What is 823 worth today?

Last sold for AED 450,000 in 2023

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20 Feb 2023SoldReady
AED 450,000AED 610 per sqft
2 Mar 2021RentedNew contract
AED 34,000/yr12 months · AED 46 per sqft
2 Mar 2020RentedNew contract
AED 38,000/yr12 months · AED 52 per sqft
25 Jan 2019RentedNew contract
AED 52,000/yr12 months · AED 71 per sqft
25 Jan 2018RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
23 Oct 2016Sold by developerReady
AED 599,170AED 812 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
8th of 9
Parking
P1-17
Service charge
AED 7,900 /yr
Last sold
AED 450K · February 2023
Building
Silicon Heights 2

About 823, Silicon Heights 2

823 is a one-bedroom apartment of 737 sqft on the 8th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. It last sold on 20 February 2023 for AED 450,000, or AED 610 per sqft, 3% below the AED 629 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 2 March 2021, is AED 34,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 7,900 a year.

Sales and rents for 823 over time

Sales
Unit 823, each saleTypical one-bed in Silicon Heights 2
400K600K2016201920222025Typical 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 599,170 (AED 812 per sqft)Sold, February 2023: AED 450,000 (AED 610 per sqft)

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

Rents
Unit 823, 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, January 2018: AED 60,000 a yearNew contract, January 2019: AED 52,000 a yearNew contract, March 2020: AED 38,000 a yearNew contract, March 2021: AED 34,000 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 823 sits

All 120 1-beds →

823 last sold in February 2023 at AED 610 per sqft, 3% below what one-beds in Silicon Heights 2 were fetching at the time (AED 629). 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. 823's AED 34,000 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 8th floor

All 235 units in Silicon Heights 2
Value
8011-bedAED 673K · Sep 2017
8021-bedAED 650K · Jan 2017
8031-bedAED 705K · Feb 2017
8041-bedAED 523K · Dec 2016
805StudioAED 370K · Jul 2023
8061-bedAED 700K · Oct 2025
8071-bedAED 720K · Jan 2025
1–7 of 25

823, Silicon Heights 2 in numbers

  • Sold twice: first on 23 October 2016 for AED 599,170, last on 20 February 2023 for AED 450,000 (AED 610 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 60,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2023 price is 7.6%, 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 20 February 2023.

Questions about 823, Silicon Heights 2

What did unit 823 last sell for?

AED 450,000 on 20 February 2023: AED 610 per sqft for 737 sqft. The unit has 2 registered sales; the first was AED 599,170 in October 2016.

What is the rent for unit 823?

AED 34,000 a year on the contract signed on 2 March 2021. The previous contract, from March 2020, was AED 38,000; the unit has been rented since January 2018.

How big is unit 823?

737 sqft (68.5 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 823 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 823, Silicon Heights 2

Starts from the last sale price (AED 450K, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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