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2-bed · 1,595 sqftSilicon Star, Dubai Silicon Oasis · 7th floor

702, Silicon Star

Sold prices and rental history: sold twice, last in July 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 July 2015
Last soldAED 1.28M15 July 2015
Current rentAED 65K /yr1 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Silicon Star

What is 702 worth today?

Last sold for AED 1,275,000 in 2015

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15 Jul 2015SoldReady
AED 1,275,000AED 799 per sqft
1 Feb 2014RentedNew contract
AED 65,000/yr12 months · AED 40 per sqft
1 Feb 2013RentedNew contract
AED 65,000/yr12 months · AED 40 per sqft
29 Jun 2009Sold by developerReady
AED 1,510,010AED 946 per sqft

Source: Dubai Land Department. Updated 15 July 2015.

Key facts

Type
2-bed apartment
Size
1,595 sqft
Floor
7th of 8
Parking
P148, P170
Service charge
AED 19,100 /yr
Last sold
AED 1.28M · July 2015
Building
Silicon Star

About 702, Silicon Star

702 is a two-bedroom apartment of 1,595 sqft on the 7th floor of Silicon Star, a 8-storey tower in Dubai Silicon Oasis. It last sold on 15 July 2015 for AED 1,275,000, or AED 799 per sqft, 9% above the AED 732 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 February 2014, is AED 65,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 19,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, June 2009: AED 1,510,010 (AED 946 per sqft)Sold, July 2015: AED 1,275,000 (AED 799 per sqft)

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

Rents
Unit 702, 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, February 2013: AED 65,000 a yearNew contract, February 2014: 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 702 sits

All 52 2-beds →

702 last sold in July 2015 at AED 799 per sqft, 9% above what two-beds in Silicon Star were fetching at the time (AED 732). 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. 702'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 7th floor

All 104 units in Silicon Star
Value
7012-bedAED 575K · Aug 2017
7031-bedAED 1.02M · Jun 2009
7042-bedAED 1.2M · Nov 2024
7052-bedAED 1.29M · Nov 2015
7062-bedAED 632K · Oct 2015
7072-bedAED 1.25M · Feb 2024
7081-bedAED 720K · Feb 2018
1–7 of 9

702, Silicon Star in numbers

  • Sold twice: first on 29 June 2009 for AED 1,510,010, last on 15 July 2015 for AED 1,275,000 (AED 799 per sqft).
  • Rented since February 2013 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2015 price is 5.1%, 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 15 July 2015.

Questions about 702, Silicon Star

What did unit 702 last sell for?

AED 1,275,000 on 15 July 2015: AED 799 per sqft for 1,595 sqft. The unit has 2 registered sales; the first was AED 1,510,010 in June 2009.

What is the rent for unit 702?

AED 65,000 a year on the contract signed on 1 February 2014. The previous contract, from February 2013, was AED 65,000.

How big is unit 702?

1,595 sqft (148.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower.

What is unit 702 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 702, Silicon Star

Starts from the last sale price (AED 1.28M, 15 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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