Home
Dubai prices
About
Research
1-bed · 649 sqftSilicon Heights, Dubai Silicon Oasis · 5th floor · completed 2011

508, Silicon Heights

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 12 August 2020
Last soldAED 280K12 August 2020
Current rentAED 40K /yr2 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 508

Property timeline for 508, Silicon Heights

What is 508 worth today?

Last sold for AED 280,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Aug 2020SoldReady
AED 280,000AED 431 per sqft
2 Jun 2019RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
2 Mar 2017RentedRenewal
AED 55,000/yr24 months · AED 85 per sqft
2 Mar 2016RentedNew contract
AED 57,000/yr12 months · AED 88 per sqft
1 Mar 2015RentedNew contract
AED 56,847/yr12 months · AED 88 per sqft
15 May 2014Sold by developerReady
AED 595,000AED 917 per sqft

Source: Dubai Land Department. Updated 12 August 2020.

Key facts

Type
1-bed apartment
Size
649 sqft
Floor
5th of 8
Parking
B-143
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 6,900 /yr
Last sold
AED 280K · August 2020
Building
Silicon Heights

About 508, Silicon Heights

508 is a one-bedroom apartment of 649 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 12 August 2020 for AED 280,000, or AED 431 per sqft, 21% below the AED 543 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 2 June 2019, is AED 40,000 a year: a gross yield of 14.3% on the 2020 price, before the service charge of about AED 6,900 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 2014: AED 595,000 (AED 917 per sqft)Sold, August 2020: AED 280,000 (AED 431 per sqft)

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

Rents
Unit 508, 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, March 2015: AED 56,847 a yearNew contract, March 2016: AED 57,000 a yearRenewal, March 2017: AED 55,000 a yearNew contract, June 2019: 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 508 sits

All 103 1-beds →

508 last sold in August 2020 at AED 431 per sqft, 21% below what one-beds in Silicon Heights were fetching at the time (AED 543). 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. 508'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 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
505StudioAED 435K · Jun 2014
5061-bedAED 600K · Jul 2025
507StudioAED 450K · May 2014
1–7 of 31

508, Silicon Heights in numbers

  • Sold twice: first on 15 May 2014 for AED 595,000, last on 12 August 2020 for AED 280,000 (AED 431 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 56,847 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 14.3%, 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 12 August 2020.

Questions about 508, Silicon Heights

What did unit 508 last sell for?

AED 280,000 on 12 August 2020: AED 431 per sqft for 649 sqft. The unit has 2 registered sales; the first was AED 595,000 in May 2014.

What is the rent for unit 508?

AED 40,000 a year on the contract signed on 2 June 2019. The previous contract, from March 2017, was AED 55,000; the unit has been rented since March 2015.

How big is unit 508?

649 sqft (60.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2011.

What is unit 508 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.

Selling 508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 508, Silicon Heights

Starts from the last sale price (AED 280K, 12 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 280,000
Deposit, UAE resident (20%)
AED 56,000
Deposit, non-resident (40%)
AED 112,000
Monthly over 25 years at 3.7%
AED 1,146

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