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1-bed · 646 sqftSilicon Heights, Dubai Silicon Oasis · 4th floor · completed 2011

424, Silicon Heights

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 14 October 2022
Last soldAED 340K14 October 2022
Current rentAED 30K /yr5 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 424, Silicon Heights

What is 424 worth today?

Last sold for AED 340,000 in 2022

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14 Oct 2022SoldReady
AED 340,000AED 525 per sqft
5 May 2022RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
26 Jun 2021RentedNew contract
AED 26,000/yr12 months · AED 40 per sqft
5 Apr 2019RentedNew contract
AED 41,000/yr12 months · AED 63 per sqft
5 Jul 2018RentedNew contract
AED 49,000/yr12 months · AED 76 per sqft
6 Feb 2014SoldReady
AED 560,000AED 866 per sqft
13 May 2012Sold by developerReady
AED 514,830AED 796 per sqft

Source: Dubai Land Department. Updated 14 October 2022.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
4th of 8
Parking
B-140
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 6,900 /yr
Last sold
AED 340K · October 2022
Building
Silicon Heights

About 424, Silicon Heights

424 is a one-bedroom apartment of 646 sqft on the 4th floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 14 October 2022 for AED 340,000, or AED 525 per sqft, in line with the AED 515 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 May 2022, is AED 30,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 6,900 a year.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical one-bed in Silicon Heights
400K600K20112015201920232027Typical 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, May 2012: AED 514,830 (AED 796 per sqft)Sold, February 2014: AED 560,000 (AED 866 per sqft)Sold, October 2022: AED 340,000 (AED 525 per sqft)

424 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 424, each contractTypical one-bed in Silicon Heights
40K60K2012201620202024Typical 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, July 2018: AED 49,000 a yearNew contract, April 2019: AED 41,000 a yearNew contract, June 2021: AED 26,000 a yearNew contract, May 2022: AED 30,000 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 424 sits

All 103 1-beds →

424 last sold in October 2022 at AED 525 per sqft, in line with what one-beds in Silicon Heights were fetching at the time (AED 515). 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. 424's AED 30,000 is at the bottom 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 4th floor

All 277 units in Silicon Heights
Value
401StudioAED 420K · Mar 2017
4021-bedAED 370K · Jul 2021
403StudioAED 423K · Jan 2025
404StudioAED 292K · Mar 2013
405StudioAED 400K · Dec 2024
4061-bedAED 500K · Mar 2025
407StudioAED 375K · Aug 2024
1–7 of 31

424, Silicon Heights in numbers

  • Sold 3 times: first on 13 May 2012 for AED 514,830, last on 14 October 2022 for AED 340,000 (AED 525 per sqft).
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 49,000 to AED 26,000 in 2021 and recovered to AED 30,000 by May 2022.
  • At AED 30,000 a year the gross yield on the 2022 price is 8.8%, 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 14 October 2022.

Questions about 424, Silicon Heights

What did unit 424 last sell for?

AED 340,000 on 14 October 2022: AED 525 per sqft for 646 sqft. The unit has 3 registered sales; the first was AED 514,830 in May 2012.

What is the rent for unit 424?

AED 30,000 a year on the contract signed on 5 May 2022. The previous contract, from June 2021, was AED 26,000; the unit has been rented since July 2018.

How big is unit 424?

646 sqft (60.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2011.

What is unit 424 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 424, Silicon Heights

Starts from the last sale price (AED 340K, 14 October 2022). 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 →