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Studio · 490 sqftSilicon Heights, Dubai Silicon Oasis · 6th floor · completed 2011

623, Silicon Heights

Sold prices and rental history: sold 3 times, last in January 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 270K11 January 2022
Current rentAED 48K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Silicon Heights

What is 623 worth today?

Last sold for AED 270,000 in 2022

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1 Jul 2026RentedNew contract
AED 48,000/yr12 months · AED 98 per sqft
1 Aug 2024RentedNew contract
AED 54,000/yr12 months · AED 110 per sqft
28 May 2024RentedNew contract
AED 54,000/yr12 months · AED 110 per sqft
25 Mar 2022RentedNew contract
AED 45,600/yr12 months · AED 94 per sqft
11 Jan 2022SoldReady
AED 270,000AED 551 per sqft
6 Oct 2021RentedNew contract
AED 22,000/yr12 months · AED 45 per sqft
1 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft
14 May 2019RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
6th of 8
Parking
G-219
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 270K · January 2022
Building
Silicon Heights

About 623, Silicon Heights

623 is a studio of 490 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 11 January 2022 for AED 270,000, or AED 551 per sqft, in line with the AED 551 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 July 2026, is AED 48,000 a year: a gross yield of 17.8% on the 2022 price, before the service charge of about AED 5,200 a year.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical studio in Silicon Heights
200K400K20112015201920232027Typical 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, February 2012: AED 220,934 (AED 451 per sqft)Sold, December 2017: AED 425,000 (AED 867 per sqft)Sold, January 2022: AED 270,000 (AED 551 per sqft)

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

Rents
Unit 623, 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 2013: AED 28,000 a yearNew contract, January 2014: AED 32,000 a yearNew contract, May 2019: AED 30,000 a yearNew contract, October 2020: AED 23,000 a yearNew contract, October 2021: AED 22,000 a yearNew contract, March 2022: AED 45,600 a yearNew contract, May 2024: AED 54,000 a yearNew contract, August 2024: AED 54,000 a yearNew contract, July 2026: AED 48,000 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 623 sits

All 174 studios →

623 last sold in January 2022 at AED 551 per sqft, in line with what studios in Silicon Heights were fetching at the time (AED 551). 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. 623's AED 48,000 is in the upper 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
603StudioAED 390K · Nov 2024
604StudioAED 330K · May 2019
605StudioAED 440K · Jun 2014
6061-bedAED 374K · Oct 2013
607StudioAED 282K · May 2022
1–7 of 31

623, Silicon Heights in numbers

  • Sold 3 times: first on 12 February 2012 for AED 220,934, last on 11 January 2022 for AED 270,000 (AED 551 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 28,000 to AED 22,000 in 2021 and recovered to AED 48,000 by July 2026.
  • At AED 48,000 a year the gross yield on the 2022 price is 17.8%, 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 1 July 2026.

Questions about 623, Silicon Heights

What did unit 623 last sell for?

AED 270,000 on 11 January 2022: AED 551 per sqft for 490 sqft. The unit has 3 registered sales; the first was AED 220,934 in February 2012.

What is the rent for unit 623?

AED 48,000 a year on the contract signed on 1 July 2026. The previous contract, from August 2024, was AED 54,000; the unit has been rented since January 2013.

How big is unit 623?

490 sqft (45.5 sqm): a studio on the 6th floor of a 8-storey tower completed in 2011.

What is unit 623 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 623, Silicon Heights

Starts from the last sale price (AED 270K, 11 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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