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Studio · 498 sqftSilicon Heights, Dubai Silicon Oasis · 1st floor · completed 2011

115, Silicon Heights

Sold prices and rental history: sold twice, last in February 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 455K12 February 2017
Current rentAED 35K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 115, Silicon Heights

What is 115 worth today?

Last sold for AED 455,000 in 2017

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22 Dec 2023RentedNew contract
AED 34,906/yr12 months · AED 70 per sqft
4 Apr 2022RentedNew contract
AED 19,000/yr12 months · AED 38 per sqft
5 Apr 2019RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
12 Feb 2017SoldReady
AED 455,000AED 914 per sqft
3 Oct 2013Sold by developerReady
AED 393,900AED 791 per sqft

Source: Dubai Land Department. Updated 22 December 2023.

Key facts

Type
Studio apartment
Size
498 sqft
Floor
1st of 8
Parking
G-273
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,300 /yr
Last sold
AED 455K · February 2017
Building
Silicon Heights

About 115, Silicon Heights

115 is a studio of 498 sqft on the 1st floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 12 February 2017 for AED 455,000, or AED 914 per sqft, 5% above the AED 873 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 22 December 2023, is AED 34,906 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 5,300 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical studio in Silicon Heights
300K400K20112015201920232027Typical sale price by year: 2011 AED 397,320; 2012 AED 379,260; 2013 AED 305,000; 2014 AED 432,500; 2015 AED 415,000; 2016 AED 417,500; 2017 AED 425,000; 2018 AED 350,000; 2019 AED 335,000; 2022 AED 280,000; 2023 AED 305,000; 2024 AED 390,000; 2025 AED 420,000; 2026 AED 448,000Sold by developer, October 2013: AED 393,900 (AED 791 per sqft)Sold, February 2017: AED 455,000 (AED 914 per sqft)

115 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 115, each contractTypical studio in Silicon Heights
20K40K2012201620202024Typical rent by year: 2012 AED 24,000; 2013 AED 26,400; 2014 AED 32,000; 2015 AED 42,000; 2016 AED 43,000; 2017 AED 41,768; 2018 AED 38,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 40,000New contract, April 2019: AED 32,000 a yearNew contract, April 2022: AED 19,000 a yearNew contract, December 2023: AED 34,906 a year

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

Studios in Silicon Heights, and where 115 sits

All 174 studios →

115 last sold in February 2017 at AED 914 per sqft, 5% above what studios in Silicon Heights were fetching at the time (AED 873). Over the last 12 months studios sold for AED 410,000 to 555,000, around AED 964 per sqft, and rent for AED 25,000 to 57,600 a year. 115's AED 34,906 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026430,000
27 Oct 2026450,000
23 Sep 2026435,000
5 Jun 2026410,000
10 studio sales in the last 12 months

Silicon Heights

Building

277 apartments, studios to 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2011 by Vision Avenue Homes. 16 sold in the last 12 months.

Typical price per sqft
AED 920 Up 10.4%
Typical sale
AED 450K
Typical rent
AED 44K /yr
Typical yield
8.9%
Silicon Heights, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 277 units in Silicon Heights
Value
101StudioAED 420K · Dec 2025
1021-bedAED 664K · Feb 2012
103StudioAED 450K · Dec 2017
104StudioAED 425K · Mar 2017
105StudioAED 334K · May 2016
1061-bedAED 580K · Dec 2025
107StudioAED 285K · Mar 2022
1–7 of 31

115, Silicon Heights in numbers

  • Sold twice: first on 3 October 2013 for AED 393,900, last on 12 February 2017 for AED 455,000 (AED 914 per sqft).
  • Rented since April 2019 on 3 Ejari contracts. The rent fell from AED 32,000 to AED 19,000 in 2022 and recovered to AED 34,906 by December 2023.
  • At AED 34,906 a year the gross yield on the 2017 price is 7.7%, before a service charge of about AED 5,300 a year (AED 10.65 per sqft).
  • Studios in Silicon Heights sold for AED 410,000–555,000 in the 12 months to November 2026; the building's median across all types is AED 920 per sqft.

Source: Dubai Land Department. Updated 22 December 2023.

Questions about 115, Silicon Heights

What did unit 115 last sell for?

AED 455,000 on 12 February 2017: AED 914 per sqft for 498 sqft. The unit has 2 registered sales; the first was AED 393,900 in October 2013.

What is the rent for unit 115?

AED 34,906 a year on the contract signed on 22 December 2023. The previous contract, from April 2022, was AED 19,000; the unit has been rented since April 2019.

How big is unit 115?

498 sqft (46.3 sqm): a studio on the 1st floor of a 8-storey tower completed in 2011.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Heights sold for AED 410,000 to 555,000 in the last 12 months, around AED 964 per sqft.

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Mortgage on 115, Silicon Heights

Starts from the last sale price (AED 455K, 12 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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