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Studio · 490 sqftSilicon Heights, Dubai Silicon Oasis · 2nd floor · completed 2011

223, Silicon Heights

Sold prices and rental history: sold 3 times, last in February 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 223 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 455K9 February 2017
Current rentAED 24K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 223, Silicon Heights

What is 223 worth today?

Last sold for AED 455,000 in 2017

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1 Jul 2022RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
1 Jul 2021RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
1 Jul 2020RentedRenewal
AED 31,000/yr12 months · AED 64 per sqft
1 Jul 2019RentedNew contract
AED 31,000/yr12 months · AED 64 per sqft
3 Jun 2018RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
9 Feb 2017SoldReady
AED 455,000AED 929 per sqft
24 Mar 2013SoldReady
AED 397,320AED 811 per sqft
30 Oct 2011Sold by developerOff-plan
AED 397,320AED 811 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
2nd of 8
Parking
B-063
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 455K · February 2017
Building
Silicon Heights

About 223, Silicon Heights

223 is a studio of 490 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 9 February 2017 for AED 455,000, or AED 929 per sqft, 9% above the AED 853 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 24,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 5,200 a year.

Sales and rents for 223 over time

Sales
Unit 223, 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 397,320 (AED 811 per sqft)Sold, March 2013: AED 397,320 (AED 811 per sqft)Sold, February 2017: AED 455,000 (AED 929 per sqft)

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

Rents
Unit 223, 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, June 2018: AED 38,000 a yearNew contract, July 2019: AED 31,000 a yearRenewal, July 2020: AED 31,000 a yearRenewal, July 2021: AED 24,000 a yearRenewal, July 2022: AED 24,000 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 223 sits

All 174 studios →

223 last sold in February 2017 at AED 929 per sqft, 9% above what studios in Silicon Heights were fetching at the time (AED 853). 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. 223's AED 24,000 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 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

223, Silicon Heights in numbers

  • Sold 3 times: first on 30 October 2011 for AED 397,320, last on 9 February 2017 for AED 455,000 (AED 929 per sqft).
  • Rented since June 2018 on 5 Ejari contracts, from AED 38,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2017 price is 5.3%, 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 1 July 2022.

Questions about 223, Silicon Heights

What did unit 223 last sell for?

AED 455,000 on 9 February 2017: AED 929 per sqft for 490 sqft. The unit has 3 registered sales; the first was AED 397,320 in October 2011.

What is the rent for unit 223?

AED 24,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 24,000; the unit has been rented since June 2018.

How big is unit 223?

490 sqft (45.5 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2011.

What is unit 223 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 223, Silicon Heights

Starts from the last sale price (AED 455K, 9 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 →