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

G23, Silicon Heights

Sold prices and rental history: sold twice, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G23 · DLD and Ejari recordsUpdated 7 September 2023
Last soldAED 300K29 July 2013
Current rentAED 30K /yr7 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for G23, Silicon Heights

What is G23 worth today?

Last sold for AED 300,000 in 2013

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7 Sep 2023RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
3 Mar 2022RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
1 Mar 2021RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft
15 Feb 2020RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
5 Jan 2019RentedNew contract
AED 36,000/yr12 months · AED 74 per sqft
1 Jan 2018RentedNew contract
AED 41,000/yr12 months · AED 85 per sqft
16 Dec 2016RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
27 Sep 2015RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 7 September 2023.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
Ground of 8
Parking
B-027
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 300K · July 2013
Building
Silicon Heights

About G23, Silicon Heights

G23 is a studio of 486 sqft on the ground floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 29 July 2013 for AED 300,000, or AED 616 per sqft, in line with the AED 600 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 September 2023, is AED 30,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 5,200 a year.

Sales and rents for G23 over time

Sales
Unit G23, 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, February 2012: AED 261,870 (AED 538 per sqft)Sold, July 2013: AED 300,000 (AED 616 per sqft)

G23 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G23, 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, December 2014: AED 52,000 a yearNew contract, September 2015: AED 50,000 a yearNew contract, December 2016: AED 46,000 a yearNew contract, January 2018: AED 41,000 a yearNew contract, January 2019: AED 36,000 a yearNew contract, February 2020: AED 28,000 a yearNew contract, March 2021: AED 20,000 a yearNew contract, March 2022: AED 24,000 a yearNew contract, September 2023: AED 30,000 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 G23 sits

All 174 studios →

G23 last sold in July 2013 at AED 616 per sqft, in line with what studios in Silicon Heights were fetching at the time (AED 600). 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. G23's AED 30,000 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 ground floor

All 277 units in Silicon Heights
Value
G02StudioAED 413K · Mar 2014
G03StudioAED 280K · Oct 2022
G041-bedAED 580K · Jul 2015
G051-bedAED 355K · Mar 2023
G06StudioAED 300K · Aug 2018
G071-bedAED 531K · Apr 2013
G081-bedAED 553K · Dec 2012
1–7 of 23

G23, Silicon Heights in numbers

  • Sold twice: first on 12 February 2012 for AED 261,870, last on 29 July 2013 for AED 300,000 (AED 616 per sqft).
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 20,000 in 2021 and recovered to AED 30,000 by September 2023.
  • At AED 30,000 a year the gross yield on the 2013 price is 10.0%, 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 7 September 2023.

Questions about G23, Silicon Heights

What did unit G23 last sell for?

AED 300,000 on 29 July 2013: AED 616 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 261,870 in February 2012.

What is the rent for unit G23?

AED 30,000 a year on the contract signed on 7 September 2023. The previous contract, from March 2022, was AED 24,000; the unit has been rented since December 2014.

How big is unit G23?

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

What is unit G23 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 G23, Silicon Heights

Starts from the last sale price (AED 300K, 29 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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