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Studio · 486 sqftSilicon Heights, Dubai Silicon Oasis · 3rd floor · completed 2011

305, Silicon Heights

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 305K22 March 2023
Current rentAED 38K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, Silicon Heights

What is 305 worth today?

Last sold for AED 305,000 in 2023

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1 Apr 2024RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
15 Aug 2023RentedNew contract
AED 28,176/yr6 months · AED 58 per sqft
22 Mar 2023SoldReady
AED 305,000AED 627 per sqft
31 Jul 2020RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft
6 Jul 2019RentedNew contract
AED 29,000/yr12 months · AED 60 per sqft
2 Jul 2018RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
25 Sep 2016RentedNew contract
AED 43,500/yr12 months · AED 90 per sqft
1 Sep 2015RentedNew contract
AED 34,650/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
3rd of 8
Parking
G-262
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 305K · March 2023
Building
Silicon Heights

About 305, Silicon Heights

305 is a studio of 486 sqft on the 3rd floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 22 March 2023 for AED 305,000, or AED 627 per sqft, 9% above the AED 576 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 April 2024, is AED 38,000 a year: a gross yield of 12.5% on the 2023 price, before the service charge of about AED 5,200 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical studio in Silicon Heights
300K400K500K20112015201920232027Typical 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 484,285 (AED 995 per sqft)Sold, March 2023: AED 305,000 (AED 627 per sqft)

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

Rents
Unit 305, 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, September 2015: AED 34,650 a yearNew contract, September 2016: AED 43,500 a yearNew contract, July 2018: AED 36,000 a yearNew contract, July 2019: AED 29,000 a yearNew contract, July 2020: AED 23,000 a yearNew contract, August 2023: AED 28,176 a yearNew contract, April 2024: AED 38,000 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 305 sits

All 174 studios →

305 last sold in March 2023 at AED 627 per sqft, 9% above what studios in Silicon Heights were fetching at the time (AED 576). 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. 305's AED 38,000 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 3rd floor

All 277 units in Silicon Heights
Value
301StudioAED 400K · Oct 2016
3021-bedAED 480K · Jul 2023
303StudioAED 450K · May 2014
304StudioAED 379K · Dec 2012
3061-bedAED 430K · Dec 2023
307StudioAED 440K · Mar 2015
3081-bedAED 495K · Sep 2011
1–7 of 31

305, Silicon Heights in numbers

  • Sold twice: first on 26 August 2013 for AED 484,285, last on 22 March 2023 for AED 305,000 (AED 627 per sqft).
  • Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 34,650 to AED 23,000 in 2020 and recovered to AED 38,000 by April 2024.
  • At AED 38,000 a year the gross yield on the 2023 price is 12.5%, 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 April 2024.

Questions about 305, Silicon Heights

What did unit 305 last sell for?

AED 305,000 on 22 March 2023: AED 627 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 484,285 in August 2013.

What is the rent for unit 305?

AED 38,000 a year on the contract signed on 1 April 2024. The previous contract, from August 2023, was AED 28,176; the unit has been rented since September 2015.

How big is unit 305?

486 sqft (45.2 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2011.

What is unit 305 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 305, Silicon Heights

Starts from the last sale price (AED 305K, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

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