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Studio · 486 sqftSilicon Heights, Dubai Silicon Oasis · 5th floor · completed 2011

505, Silicon Heights

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 10 January 2021
Last soldAED 435K15 June 2014
Current rentAED 20K /yr10 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Silicon Heights

What is 505 worth today?

Last sold for AED 435,000 in 2014

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10 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
5 Dec 2019RentedNew contract
AED 27,500/yr12 months · AED 57 per sqft
12 May 2018RentedNew contract
AED 38,000/yr12 months · AED 78 per sqft
18 Sep 2015RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
15 Jun 2014SoldReady
AED 435,000AED 894 per sqft
24 Dec 2012SoldReady
AED 430,430AED 884 per sqft
29 Oct 2011Sold by developerOff-plan
AED 430,430AED 884 per sqft

Source: Dubai Land Department. Updated 10 January 2021.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
5th of 8
Parking
B-159
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 435K · June 2014
Building
Silicon Heights

About 505, Silicon Heights

505 is a studio of 486 sqft on the 5th floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 15 June 2014 for AED 435,000, or AED 894 per sqft, 5% above the AED 849 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 10 January 2021, is AED 20,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 5,200 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, October 2011: AED 430,430 (AED 884 per sqft)Sold, December 2012: AED 430,430 (AED 884 per sqft)Sold, June 2014: AED 435,000 (AED 894 per sqft)

505 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 505, 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 45,000 a yearNew contract, May 2018: AED 38,000 a yearNew contract, December 2019: AED 27,500 a yearNew contract, January 2021: AED 20,000 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 505 sits

All 174 studios →

505 last sold in June 2014 at AED 894 per sqft, 5% above what studios in Silicon Heights were fetching at the time (AED 849). 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. 505's AED 20,000 is at the bottom 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 5th floor

All 277 units in Silicon Heights
Value
501StudioAED 395K · Jul 2014
5021-bedAED 590K · Jan 2025
503StudioAED 450K · Sep 2025
504StudioAED 445K · Aug 2017
5061-bedAED 600K · Jul 2025
507StudioAED 450K · May 2014
5081-bedAED 280K · Aug 2020
1–7 of 31

505, Silicon Heights in numbers

  • Sold 3 times: first on 29 October 2011 for AED 430,430, last on 15 June 2014 for AED 435,000 (AED 894 per sqft).
  • Rented since September 2015 on 4 Ejari contracts, from AED 45,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2014 price is 4.6%, 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 10 January 2021.

Questions about 505, Silicon Heights

What did unit 505 last sell for?

AED 435,000 on 15 June 2014: AED 894 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 430,430 in October 2011.

What is the rent for unit 505?

AED 20,000 a year on the contract signed on 10 January 2021. The previous contract, from December 2019, was AED 27,500; the unit has been rented since September 2015.

How big is unit 505?

486 sqft (45.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2011.

What is unit 505 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 505, Silicon Heights

Starts from the last sale price (AED 435K, 15 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

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