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Studio · 486 sqftSilicon Heights, Dubai Silicon Oasis · 4th floor · completed 2011

429, Silicon Heights

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 429 · DLD and Ejari recordsUpdated 23 September 2023
Last soldAED 394K30 January 2012
Current rentAED 34K /yr23 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 429, Silicon Heights

What is 429 worth today?

Last sold for AED 394,310 in 2012

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23 Sep 2023RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft
1 Aug 2022RentedNew contract
AED 26,000/yr12 months · AED 54 per sqft
1 Aug 2021RentedRenewal
AED 13,000/yr24 months · AED 27 per sqft
1 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
15 Jan 2019RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
30 Jan 2012Sold by developerReady
AED 394,310AED 810 per sqft

Source: Dubai Land Department. Updated 23 September 2023.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
4th of 8
Parking
B-134
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 394K · January 2012
Building
Silicon Heights

About 429, Silicon Heights

429 is a studio of 486 sqft on the 4th floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. The developer sold it on 30 January 2012 for AED 394,310, or AED 810 per sqft, in line with the AED 805 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 23 September 2023, is AED 34,000 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 5,200 a year.

Sales and rents for 429 over time

Sales
Unit 429, 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, January 2012: AED 394,310 (AED 810 per sqft)

429 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 429, 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, January 2019: AED 38,000 a yearNew contract, August 2020: AED 24,000 a yearRenewal, August 2021: AED 13,000 a yearNew contract, August 2022: AED 26,000 a yearNew contract, September 2023: AED 34,000 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 429 sits

All 174 studios →

429 last sold in January 2012 at AED 810 per sqft, in line with what studios in Silicon Heights were fetching at the time (AED 805). 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. 429's AED 34,000 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 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

429, Silicon Heights in numbers

  • Sold once: by Vision Avenue Homes on 30 January 2012 for AED 394,310, or AED 810 per sqft.
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 13,000 in 2021 and recovered to AED 34,000 by September 2023.
  • At AED 34,000 a year the gross yield on the 2012 price is 8.6%, 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 23 September 2023.

Questions about 429, Silicon Heights

What did unit 429 last sell for?

AED 394,310 on 30 January 2012, sold by the developer: AED 810 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 429?

AED 34,000 a year on the contract signed on 23 September 2023. The previous contract, from August 2022, was AED 26,000; the unit has been rented since January 2019.

How big is unit 429?

486 sqft (45.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2011.

What is unit 429 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 429, Silicon Heights

Starts from the last sale price (AED 394K, 30 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 394,310
Deposit, UAE resident (20%)
AED 78,862
Deposit, non-resident (40%)
AED 157,724
Monthly over 25 years at 3.7%
AED 1,613

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