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Studio · 486 sqftSilicon Heights, Dubai Silicon Oasis · 1st floor · completed 2011

121, Silicon Heights

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 312K27 July 2023
Current rentAED 25K /yr25 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 121, Silicon Heights

What is 121 worth today?

Last sold for AED 312,000 in 2023

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27 Jul 2023SoldReady
AED 312,000AED 641 per sqft
25 Jul 2022RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
5 Jul 2021RentedNew contract
AED 21,000/yr12 months · AED 43 per sqft
25 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
15 Apr 2019RentedNew contract
AED 32,000/yr13 months · AED 66 per sqft
7 Sep 2014RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
7 Sep 2013RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
26 Aug 2013Sold by developerReady
AED 534,323AED 1,098 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
1st of 8
Parking
G-274
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 312K · July 2023
Building
Silicon Heights

About 121, Silicon Heights

121 is a studio of 486 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 27 July 2023 for AED 312,000, or AED 641 per sqft, 7% above the AED 600 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 July 2022, is AED 25,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 5,200 a year.

Sales and rents for 121 over time

Sales
Unit 121, each saleTypical studio in Silicon Heights
400K20112015201920232027Typical 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, August 2013: AED 534,323 (AED 1,098 per sqft)Sold, July 2023: AED 312,000 (AED 641 per sqft)

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

Rents
Unit 121, each contractTypical studio in Silicon Heights
20K30K40K2012201620202024Typical 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, September 2013: AED 32,000 a yearNew contract, September 2014: AED 32,000 a yearNew contract, April 2019: AED 32,000 a yearNew contract, June 2020: AED 24,000 a yearNew contract, July 2021: AED 21,000 a yearNew contract, July 2022: AED 25,000 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 121 sits

All 174 studios →

121 last sold in July 2023 at AED 641 per sqft, 7% above what studios in Silicon Heights were fetching at the time (AED 600). 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. 121's AED 25,000 is at the bottom 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

121, Silicon Heights in numbers

  • Sold twice: first on 26 August 2013 for AED 534,323, last on 27 July 2023 for AED 312,000 (AED 641 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 21,000 in 2021 and recovered to AED 25,000 by July 2022.
  • At AED 25,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 5,200 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 27 July 2023.

Questions about 121, Silicon Heights

What did unit 121 last sell for?

AED 312,000 on 27 July 2023: AED 641 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 534,323 in August 2013.

What is the rent for unit 121?

AED 25,000 a year on the contract signed on 25 July 2022. The previous contract, from July 2021, was AED 21,000; the unit has been rented since September 2013.

How big is unit 121?

486 sqft (45.2 sqm): a studio on the 1st floor of a 8-storey tower completed in 2011.

What is unit 121 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 121, Silicon Heights

Starts from the last sale price (AED 312K, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 312,000
Deposit, UAE resident (20%)
AED 62,400
Deposit, non-resident (40%)
AED 124,800
Monthly over 25 years at 3.7%
AED 1,276

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