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Studio · 498 sqftSilicon Heights, Dubai Silicon Oasis · 2nd floor · completed 2011

215, Silicon Heights

Sold prices and rental history: sold 3 times, last in June 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 340K11 June 2017
Current rentAED 29K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, Silicon Heights

What is 215 worth today?

Last sold for AED 340,000 in 2017

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1 Oct 2023RentedRenewal
AED 29,000/yr12 months · AED 59 per sqft
1 Oct 2022RentedRenewal
AED 25,000/yr12 months · AED 50 per sqft
1 Oct 2021RentedNew contract
AED 22,000/yr12 months · AED 44 per sqft
1 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
20 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 73 per sqft
11 Jun 2017SoldReady
AED 340,000AED 683 per sqft
15 Nov 2016RentedNew contract
AED 43,000/yr12 months · AED 87 per sqft
24 Mar 2013SoldReady
AED 309,060AED 620 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
Studio apartment
Size
498 sqft
Floor
2nd of 8
Parking
B-078
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,300 /yr
Last sold
AED 340K · June 2017
Building
Silicon Heights

About 215, Silicon Heights

215 is a studio of 498 sqft on the 2nd floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 11 June 2017 for AED 340,000, or AED 683 per sqft, 23% below the AED 888 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 29,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 5,300 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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 2011: AED 387,840 (AED 779 per sqft)Sold, March 2013: AED 309,060 (AED 620 per sqft)Sold, June 2017: AED 340,000 (AED 683 per sqft)

215 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 215, 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, November 2016: AED 43,000 a yearNew contract, October 2019: AED 36,000 a yearNew contract, August 2020: AED 24,000 a yearNew contract, October 2021: AED 22,000 a yearRenewal, October 2022: AED 25,000 a yearRenewal, October 2023: AED 29,000 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 215 sits

All 174 studios →

215 last sold in June 2017 at AED 683 per sqft, 23% below what studios in Silicon Heights were fetching at the time (AED 888). 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. 215's AED 29,000 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 2nd floor

All 277 units in Silicon Heights
Value
201StudioAED 343K · Apr 2013
2021-bedAED 470K · Jul 2023
203StudioAED 410K · Sep 2024
204StudioAED 385K · Jan 2012
205StudioAED 245K · Dec 2012
2061-bedAED 620K · Dec 2015
2071-bedAED 325K · Oct 2023
1–7 of 30

215, Silicon Heights in numbers

  • Sold 3 times: first on 30 October 2011 for AED 387,840, last on 11 June 2017 for AED 340,000 (AED 683 per sqft).
  • Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 22,000 in 2021 and recovered to AED 29,000 by October 2023.
  • At AED 29,000 a year the gross yield on the 2017 price is 8.5%, 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 1 October 2023.

Questions about 215, Silicon Heights

What did unit 215 last sell for?

AED 340,000 on 11 June 2017: AED 683 per sqft for 498 sqft. The unit has 3 registered sales; the first was AED 387,840 in October 2011.

What is the rent for unit 215?

AED 29,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 25,000; the unit has been rented since November 2016.

How big is unit 215?

498 sqft (46.3 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2011.

What is unit 215 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 215, Silicon Heights

Starts from the last sale price (AED 340K, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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