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2-bed · 1,568 sqftSilicon Star, Dubai Silicon Oasis · 7th floor

709, Silicon Star

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 24 October 2022
Last soldAED 855K24 October 2022
Current rentAED 58K /yr11 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Silicon Star

What is 709 worth today?

Last sold for AED 855,000 in 2022

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24 Oct 2022SoldReady
AED 855,000AED 545 per sqft
11 Oct 2020RentedNew contract
AED 58,000/yr12 months · AED 36 per sqft
1 Jun 2019RentedNew contract
AED 77,000/yr12 months · AED 48 per sqft
28 Jul 2015SoldReady
AED 1,232,720AED 773 per sqft
29 Jun 2009Sold by developerReady
AED 1,580,500AED 991 per sqft

Source: Dubai Land Department. Updated 24 October 2022.

Key facts

Type
2-bed apartment
Size
1,568 sqft
Floor
7th of 8
Parking
P143, P9
Service charge
AED 18,700 /yr
Last sold
AED 855K · October 2022
Building
Silicon Star

About 709, Silicon Star

709 is a two-bedroom apartment of 1,568 sqft on the 7th floor of Silicon Star, a 8-storey tower in Dubai Silicon Oasis. It last sold on 24 October 2022 for AED 855,000, or AED 545 per sqft, 14% below the AED 636 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 11 October 2020, is AED 58,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 18,700 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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 1,580,500 (AED 991 per sqft)Sold, July 2015: AED 1,232,720 (AED 773 per sqft)Sold, October 2022: AED 855,000 (AED 545 per sqft)

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

Rents
Unit 709, 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, June 2019: AED 77,000 a yearNew contract, October 2020: AED 58,000 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 709 sits

All 52 2-beds →

709 last sold in October 2022 at AED 545 per sqft, 14% below what two-beds in Silicon Star were fetching at the time (AED 636). 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. 709's AED 58,000 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
7022-bedAED 1.28M · Jul 2015
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
1–7 of 9

709, Silicon Star in numbers

  • Sold 3 times: first on 29 June 2009 for AED 1,580,500, last on 24 October 2022 for AED 855,000 (AED 545 per sqft).
  • Rented since June 2019 on 2 Ejari contracts, from AED 77,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 18,700 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 24 October 2022.

Questions about 709, Silicon Star

What did unit 709 last sell for?

AED 855,000 on 24 October 2022: AED 545 per sqft for 1,568 sqft. The unit has 3 registered sales; the first was AED 1,580,500 in June 2009.

What is the rent for unit 709?

AED 58,000 a year on the contract signed on 11 October 2020. The previous contract, from June 2019, was AED 77,000.

How big is unit 709?

1,568 sqft (145.7 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower.

What is unit 709 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 709, Silicon Star

Starts from the last sale price (AED 855K, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 855,000
Deposit, UAE resident (20%)
AED 171,000
Deposit, non-resident (40%)
AED 342,000
Monthly over 25 years at 3.7%
AED 3,498

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