3-bed · 1,995 sqftSilicon Star, Dubai Silicon Oasis · 5th floor

505, Silicon Star

Sold prices and rental history: sold twice, last in March 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 March 2017
Last soldAED 875K1 March 2017
Current rentAED 121K /yr8 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Silicon Star

What is 505 worth today?

Last sold for AED 875,000 in 2017

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1 Mar 2017SoldReady
AED 875,000AED 438 per sqft
8 May 2014RentedRenewal
AED 120,649/yr6 months · AED 60 per sqft
8 May 2013RentedNew contract
AED 105,000/yr12 months · AED 52 per sqft
4 Apr 2013Sold by developerReady
AED 2,037,100AED 1,021 per sqft

Source: Dubai Land Department. Updated 1 March 2017.

Key facts

Type
3-bed apartment
Size
1,995 sqft
Floor
5th of 8
Parking
P154, P121
Service charge
AED 23,800 /yr
Last sold
AED 875K · March 2017
Building
Silicon Star

About 505, Silicon Star

505 is a three-bedroom apartment of 1,995 sqft on the 5th floor of Silicon Star, a 8-storey tower in Dubai Silicon Oasis. It last sold on 1 March 2017 for AED 875,000, or AED 438 per sqft, in line with the AED 438 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 8 May 2014, is AED 120,649 a year: a gross yield of 13.8% on the 2017 price, before the service charge of about AED 23,800 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Silicon Star
1M2M200920122015Typical sale price by year: 2009 AED 1,275,020; 2013 AED 1,142,850; 2015 AED 1,540,000Sold by developer, April 2013: AED 2,037,100 (AED 1,021 per sqft)Sold, March 2017: AED 875,000 (AED 438 per sqft)

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

Rents
Unit 505, each contractTypical three-bed in Silicon Star
75K100K125K2013201720212025Typical rent by year: 2013 AED 93,500; 2014 AED 104,000; 2018 AED 90,000; 2019 AED 95,000; 2020 AED 86,000; 2021 AED 80,000; 2022 AED 80,000; 2023 AED 84,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 130,000New contract, May 2013: AED 105,000 a yearRenewal, May 2014: AED 120,649 a year

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

3-beds in Silicon Star, and where 505 sits

All 12 3-beds →

505 last sold in March 2017 at AED 438 per sqft, in line with what three-beds in Silicon Star were fetching at the time (AED 438). Over the last 12 months three-beds sold for AED 2,000,000, around AED 1,002 per sqft, and rent for AED 120,000 to 140,000 a year. 505's AED 120,649 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Sep 20262,000,000
18 Nov 20241,364,706
25 Nov 20221,200,000
21 Feb 20221,200,000
1 3-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
5022-bedAED 1.14M · Oct 2021
5031-bedAED 680K · Dec 2016
5042-bedAED 1.17M · Jun 2015
5061-bedAED 912K · Jan 2014
5071-bedAED 926K · May 2012
5081-bedAED 570K · Aug 2022
1–7 of 13

505, Silicon Star in numbers

  • Sold twice: first on 4 April 2013 for AED 2,037,100, last on 1 March 2017 for AED 875,000 (AED 438 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 105,000 to AED 120,649 a year.
  • At AED 120,649 a year the gross yield on the 2017 price is 13.8%, before a service charge of about AED 23,800 a year (AED 11.95 per sqft).
  • Three-beds in Silicon Star sold for AED 2,000,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 985 per sqft.

Source: Dubai Land Department. Updated 1 March 2017.

Questions about 505, Silicon Star

What did unit 505 last sell for?

AED 875,000 on 1 March 2017: AED 438 per sqft for 1,995 sqft. The unit has 2 registered sales; the first was AED 2,037,100 in April 2013.

What is the rent for unit 505?

AED 120,649 a year on the contract renewed on 8 May 2014. The previous contract, from May 2013, was AED 105,000.

How big is unit 505?

1,995 sqft (185.3 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silicon Star sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 1,002 per sqft.

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Mortgage on 505, Silicon Star

Starts from the last sale price (AED 875K, 1 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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