1-bed · 648 sqftSilicon Heights, Dubai Silicon Oasis · 4th floor · completed 2011

427, Silicon Heights

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 427 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 343K31 May 2022
Current rentAED 40K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 427, Silicon Heights

What is 427 worth today?

Last sold for AED 342,995 in 2022

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15 Jun 2024RentedRenewal
AED 40,000/yr12 months · AED 62 per sqft
15 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
31 May 2022SoldReady
AED 342,995AED 528 per sqft
25 Oct 2020RentedNew contract
AED 26,000/yr12 months · AED 40 per sqft
3 Sep 2017RentedNew contract
AED 48,000/yr12 months · AED 74 per sqft
29 Jun 2015Sold by developerReady
AED 540,000AED 832 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
1-bed apartment
Size
648 sqft
Floor
4th of 8
Parking
B-148
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 6,900 /yr
Last sold
AED 343K · May 2022

About 427, Silicon Heights

427 is a one-bedroom apartment of 648 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 31 May 2022 for AED 342,995, or AED 528 per sqft, 20% above the AED 440 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 40,000 a year: a gross yield of 11.7% on the 2022 price, before the service charge of about AED 6,900 a year.

Sales and rents for 427 over time

Sales
Unit 427, 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, June 2015: AED 540,000 (AED 832 per sqft)Sold, May 2022: AED 342,995 (AED 528 per sqft)

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

Rents
Unit 427, 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, September 2017: AED 48,000 a yearNew contract, October 2020: AED 26,000 a yearNew contract, June 2023: AED 40,000 a yearRenewal, June 2024: AED 40,000 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 427 sits

All 103 1-beds →

427 last sold in May 2022 at AED 528 per sqft, 20% above what one-beds in Silicon Heights were fetching at the time (AED 440). 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. 427's AED 40,000 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 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

427, Silicon Heights in numbers

  • Sold twice: first on 29 June 2015 for AED 540,000, last on 31 May 2022 for AED 342,995 (AED 528 per sqft).
  • Rented since September 2017 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 26,000 in 2020 and recovered to AED 40,000 by June 2024.
  • At AED 40,000 a year the gross yield on the 2022 price is 11.7%, 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 15 June 2024.

Questions about 427, Silicon Heights

What did unit 427 last sell for?

AED 342,995 on 31 May 2022: AED 528 per sqft for 648 sqft. The unit has 2 registered sales; the first was AED 540,000 in June 2015.

What is the rent for unit 427?

AED 40,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 40,000; the unit has been rented since September 2017.

How big is unit 427?

648 sqft (60.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2011.

What is unit 427 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 427, Silicon Heights

Starts from the last sale price (AED 343K, 31 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 342,995
Deposit, UAE resident (20%)
AED 68,599
Deposit, non-resident (40%)
AED 137,198
Monthly over 25 years at 3.7%
AED 1,403

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