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

329, Silicon Heights

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 329 · DLD and Ejari recordsUpdated 20 May 2023
Last soldAED 425K29 March 2017
Current rentAED 30K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 329, Silicon Heights

What is 329 worth today?

Last sold for AED 425,000 in 2017

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20 May 2023RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
5 May 2021RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
17 Apr 2020RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
17 Apr 2019RentedNew contract
AED 37,000/yr12 months · AED 76 per sqft
5 Nov 2017RentedNew contract
AED 35,280/yr12 months · AED 73 per sqft
29 Mar 2017SoldReady
AED 425,000AED 873 per sqft
5 Nov 2014RentedNew contract
AED 28,980/yr12 months · AED 60 per sqft
5 Nov 2013RentedNew contract
AED 25,200/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 20 May 2023.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
3rd of 8
Parking
B-116
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 425K · March 2017
Building
Silicon Heights

About 329, Silicon Heights

329 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 29 March 2017 for AED 425,000, or AED 873 per sqft, in line with the AED 876 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 May 2023, is AED 30,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 5,200 a year.

Sales and rents for 329 over time

Sales
Unit 329, 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, May 2012: AED 254,044 (AED 522 per sqft)Sold, March 2017: AED 425,000 (AED 873 per sqft)

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

Rents
Unit 329, 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, November 2013: AED 25,200 a yearNew contract, November 2014: AED 28,980 a yearNew contract, November 2017: AED 35,280 a yearNew contract, April 2019: AED 37,000 a yearRenewal, April 2020: AED 32,000 a yearNew contract, May 2021: AED 20,000 a yearNew contract, May 2023: AED 30,000 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 329 sits

All 174 studios →

329 last sold in March 2017 at AED 873 per sqft, in line with what studios in Silicon Heights were fetching at the time (AED 876). 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. 329's AED 30,000 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
305StudioAED 305K · Mar 2023
3061-bedAED 430K · Dec 2023
307StudioAED 440K · Mar 2015
1–7 of 31

329, Silicon Heights in numbers

  • Sold twice: first on 13 May 2012 for AED 254,044, last on 29 March 2017 for AED 425,000 (AED 873 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 25,200 to AED 20,000 in 2021 and recovered to AED 30,000 by May 2023.
  • At AED 30,000 a year the gross yield on the 2017 price is 7.1%, 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 20 May 2023.

Questions about 329, Silicon Heights

What did unit 329 last sell for?

AED 425,000 on 29 March 2017: AED 873 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 254,044 in May 2012.

What is the rent for unit 329?

AED 30,000 a year on the contract signed on 20 May 2023. The previous contract, from May 2021, was AED 20,000; the unit has been rented since November 2013.

How big is unit 329?

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

What is unit 329 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 329, Silicon Heights

Starts from the last sale price (AED 425K, 29 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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