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1-bed · 646 sqftSilicon Heights, Dubai Silicon Oasis · 2nd floor · completed 2011

224, Silicon Heights

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 766K12 February 2012
Current rentAED 48K /yr30 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Silicon Heights

What is 224 worth today?

Last sold for AED 766,050 in 2012

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30 Nov 2024RentedNew contract
AED 48,000/yr12 months · AED 74 per sqft
12 Jan 2024RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
30 Nov 2022RentedNew contract
AED 32,500/yr12 months · AED 50 per sqft
15 Sep 2021RentedNew contract
AED 29,000/yr12 months · AED 45 per sqft
10 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
10 May 2018RentedNew contract
AED 46,000/yr12 months · AED 71 per sqft
10 Sep 2013RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft
12 Feb 2012SoldReady
AED 766,050AED 1,184 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
2nd of 8
Parking
G-269
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 6,900 /yr
Last sold
AED 766K · February 2012
Building
Silicon Heights

About 224, Silicon Heights

224 is a one-bedroom apartment of 646 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 12 February 2012 for AED 766,050, or AED 1,184 per sqft, 48% above the AED 801 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 30 November 2024, is AED 48,000 a year: a gross yield of 6.3% on the 2012 price, before the service charge of about AED 6,900 a year.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical one-bed in Silicon Heights
400K600K800K20112015201920232027Typical sale price by year: 2011 AED 691,200; 2012 AED 522,693; 2013 AED 526,481; 2014 AED 590,000; 2015 AED 558,060; 2016 AED 605,000; 2017 AED 565,000; 2018 AED 605,000; 2020 AED 330,000; 2021 AED 370,000; 2022 AED 350,000; 2023 AED 430,000; 2024 AED 480,000; 2025 AED 580,000; 2026 AED 499,110Sold by developer, October 2011: AED 766,050 (AED 1,184 per sqft)Sold, February 2012: AED 766,050 (AED 1,184 per sqft)

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

Rents
Unit 224, each contractTypical one-bed in Silicon Heights
40K2012201620202024Typical rent by year: 2012 AED 34,500; 2013 AED 38,925; 2014 AED 47,296; 2015 AED 53,624; 2016 AED 55,000; 2017 AED 51,000; 2018 AED 47,000; 2019 AED 40,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 33,000; 2023 AED 38,520; 2024 AED 42,870; 2025 AED 49,000; 2026 AED 50,500New contract, September 2013: AED 42,000 a yearNew contract, May 2018: AED 46,000 a yearNew contract, October 2020: AED 30,000 a yearNew contract, September 2021: AED 29,000 a yearNew contract, November 2022: AED 32,500 a yearNew contract, January 2024: AED 45,000 a yearNew contract, November 2024: AED 48,000 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, and where 224 sits

All 103 1-beds →

224 last sold in February 2012 at AED 1,184 per sqft, 48% above what one-beds in Silicon Heights were fetching at the time (AED 801). Over the last 12 months one-beds sold for AED 180,002 to 750,000, around AED 802 per sqft, and rent for AED 33,668 to 77,538 a year. 224's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 2026558,815
12 Aug 2026180,002
17 Feb 2026499,110
17 Dec 2025610,000
6 1-bed 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

224, Silicon Heights in numbers

  • Sold twice: first on 30 October 2011 for AED 766,050, last on 12 February 2012 for AED 766,050 (AED 1,184 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 29,000 in 2021 and recovered to AED 48,000 by November 2024.
  • At AED 48,000 a year the gross yield on the 2012 price is 6.3%, before a service charge of about AED 6,900 a year (AED 10.65 per sqft).
  • One-beds in Silicon Heights sold for AED 180,002–750,000 in the 12 months to November 2026; the building's median across all types is AED 920 per sqft.

Source: Dubai Land Department. Updated 30 November 2024.

Questions about 224, Silicon Heights

What did unit 224 last sell for?

AED 766,050 on 12 February 2012: AED 1,184 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 766,050 in October 2011.

What is the rent for unit 224?

AED 48,000 a year on the contract signed on 30 November 2024. The previous contract, from January 2024, was AED 45,000; the unit has been rented since September 2013.

How big is unit 224?

646 sqft (60.0 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2011.

What is unit 224 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 sold for AED 180,002 to 750,000 in the last 12 months, around AED 802 per sqft.

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Mortgage on 224, Silicon Heights

Starts from the last sale price (AED 766K, 12 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 766,050
Deposit, UAE resident (20%)
AED 153,210
Deposit, non-resident (40%)
AED 306,420
Monthly over 25 years at 3.7%
AED 3,134

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