2-bed · 1,595 sqftSilicon Star, Dubai Silicon Oasis · 5th floor

502, Silicon Star

Sold prices and rental history: sold 3 times, last in October 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 26 October 2021
Last soldAED 1.14M26 October 2021
Current rentAED 65K /yr7 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Silicon Star

What is 502 worth today?

Last sold for AED 1,140,000 in 2021

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26 Oct 2021SoldReady
AED 1,140,000AED 714 per sqft
7 Nov 2020RentedNew contract
AED 65,000/yr12 months · AED 41 per sqft
5 Jan 2020RentedNew contract
AED 74,000/yr12 months · AED 46 per sqft
19 Mar 2017SoldReady
AED 1,140,000AED 714 per sqft
7 Oct 2015RentedRenewal
AED 71,662/yr12 months · AED 45 per sqft
7 Oct 2014RentedNew contract
AED 68,250/yr12 months · AED 43 per sqft
7 Oct 2013RentedNew contract
AED 68,250/yr12 months · AED 43 per sqft
7 Oct 2012RentedNew contract
AED 65,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 26 October 2021.

Key facts

Type
2-bed apartment
Size
1,595 sqft
Floor
5th of 8
Parking
P113, P94
Service charge
AED 19,100 /yr
Last sold
AED 1.14M · October 2021
Building
Silicon Star

About 502, Silicon Star

502 is a two-bedroom apartment of 1,595 sqft on the 5th floor of Silicon Star, a 8-storey tower in Dubai Silicon Oasis. It last sold on 26 October 2021 for AED 1,140,000, or AED 714 per sqft, 37% above the AED 523 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 7 November 2020, is AED 65,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 19,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Silicon Star
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 619,500; 2012 AED 1,518,066; 2013 AED 910,290; 2014 AED 1,176,585; 2015 AED 1,177,765; 2016 AED 900,000; 2017 AED 1,057,500; 2021 AED 862,500; 2022 AED 915,000; 2023 AED 970,000; 2024 AED 1,200,000; 2025 AED 1,350,000Sold by developer, August 2009: AED 1,493,898 (AED 936 per sqft)Sold, March 2017: AED 1,140,000 (AED 714 per sqft)Sold, October 2021: AED 1,140,000 (AED 714 per sqft)

502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Silicon Star
60K80K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 71,000; 2014 AED 73,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 82,000; 2019 AED 77,500; 2020 AED 66,000; 2021 AED 65,000; 2022 AED 68,000; 2023 AED 77,608; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 95,000New contract, October 2012: AED 65,000 a yearNew contract, October 2013: AED 68,250 a yearNew contract, October 2014: AED 68,250 a yearRenewal, October 2015: AED 71,662 a yearNew contract, January 2020: AED 74,000 a yearNew contract, November 2020: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Silicon Star, and where 502 sits

All 52 2-beds →

502 last sold in October 2021 at AED 714 per sqft, 37% above what two-beds in Silicon Star were fetching at the time (AED 523). Over the last 12 months two-beds sold for AED 1,625,000, around AED 985 per sqft, and rent for AED 68,250 to 120,000 a year. 502's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20261,625,000
23 Oct 20251,200,000
23 May 20251,400,000
6 Mar 20251,425,000
1 2-bed sale in the last 12 months

Silicon Star

Building

104 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis. 3 sold in the last 12 months.

Typical price per sqft
AED 985
Typical sale
AED 1.63M
Typical rent
AED 90K /yr
Typical yield
6.2%
Silicon Star, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 104 units in Silicon Star
Value
5012-bedAED 1M · Aug 2013
5031-bedAED 680K · Dec 2016
5042-bedAED 1.17M · Jun 2015
5053-bedAED 875K · Mar 2017
5061-bedAED 912K · Jan 2014
5071-bedAED 926K · May 2012
5081-bedAED 570K · Aug 2022
1–7 of 13

502, Silicon Star in numbers

  • Sold 3 times: first on 24 August 2009 for AED 1,493,898, last on 26 October 2021 for AED 1,140,000 (AED 714 per sqft).
  • Rented since October 2012 on 6 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 5.7%, before a service charge of about AED 19,100 a year (AED 11.95 per sqft).
  • Two-beds in Silicon Star sold for AED 1,625,000–1,625,000 in the 12 months to November 2026; the building's median across all types is AED 985 per sqft.

Source: Dubai Land Department. Updated 26 October 2021.

Questions about 502, Silicon Star

What did unit 502 last sell for?

AED 1,140,000 on 26 October 2021: AED 714 per sqft for 1,595 sqft. The unit has 3 registered sales; the first was AED 1,493,898 in August 2009.

What is the rent for unit 502?

AED 65,000 a year on the contract signed on 7 November 2020. The previous contract, from January 2020, was AED 74,000; the unit has been rented since October 2012.

How big is unit 502?

1,595 sqft (148.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Star sold for AED 1,625,000 to 1,625,000 in the last 12 months, around AED 985 per sqft.

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Mortgage on 502, Silicon Star

Starts from the last sale price (AED 1.14M, 26 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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