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Studio · 442 sqftSilicon Heights, Dubai Silicon Oasis · 6th floor · completed 2011

603, Silicon Heights

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 390K25 November 2024
Current rentAED 31K /yr12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Silicon Heights

What is 603 worth today?

Last sold for AED 390,000 in 2024

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25 Nov 2024SoldReady
AED 390,000AED 883 per sqft
12 Jul 2024RentedNew contract
AED 30,800/yr12 months · AED 70 per sqft
12 Jul 2021RentedNew contract
AED 21,000/yr12 months · AED 48 per sqft
3 Jul 2020RentedRenewal
AED 20,000/yr12 months · AED 45 per sqft
3 Jul 2019RentedNew contract
AED 25,500/yr12 months · AED 58 per sqft
20 May 2013SoldReady
AED 288,850AED 654 per sqft
29 Oct 2011Sold by developerOff-plan
AED 502,680AED 1,138 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
6th of 8
Parking
G-191
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 4,700 /yr
Last sold
AED 390K · November 2024
Building
Silicon Heights

About 603, Silicon Heights

603 is a studio of 442 sqft on the 6th floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 25 November 2024 for AED 390,000, or AED 883 per sqft, 7% above the AED 827 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 12 July 2024, is AED 30,800 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 4,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in Silicon Heights
400K20112015201920232027Typical 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 502,680 (AED 1,138 per sqft)Sold, May 2013: AED 288,850 (AED 654 per sqft)Sold, November 2024: AED 390,000 (AED 883 per sqft)

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

Rents
Unit 603, 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, July 2019: AED 25,500 a yearRenewal, July 2020: AED 20,000 a yearNew contract, July 2021: AED 21,000 a yearNew contract, July 2024: AED 30,800 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 603 sits

All 174 studios →

603 last sold in November 2024 at AED 883 per sqft, 7% above what studios in Silicon Heights were fetching at the time (AED 827). 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. 603's AED 30,800 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 6th floor

All 277 units in Silicon Heights
Value
601StudioAED 221K · Mar 2013
6021-bedAED 424K · Jul 2024
604StudioAED 330K · May 2019
605StudioAED 440K · Jun 2014
6061-bedAED 374K · Oct 2013
607StudioAED 282K · May 2022
6081-bedAED 330K · Oct 2020
1–7 of 31

603, Silicon Heights in numbers

  • Sold 3 times: first on 29 October 2011 for AED 502,680, last on 25 November 2024 for AED 390,000 (AED 883 per sqft).
  • Rented since July 2019 on 4 Ejari contracts. The rent fell from AED 25,500 to AED 20,000 in 2020 and recovered to AED 30,800 by July 2024.
  • At AED 30,800 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 4,700 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 25 November 2024.

Questions about 603, Silicon Heights

What did unit 603 last sell for?

AED 390,000 on 25 November 2024: AED 883 per sqft for 442 sqft. The unit has 3 registered sales; the first was AED 502,680 in October 2011.

What is the rent for unit 603?

AED 30,800 a year on the contract signed on 12 July 2024. The previous contract, from July 2021, was AED 21,000; the unit has been rented since July 2019.

How big is unit 603?

442 sqft (41.1 sqm): a studio on the 6th floor of a 8-storey tower completed in 2011.

What is unit 603 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 603, Silicon Heights

Starts from the last sale price (AED 390K, 25 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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