Home
Dubai prices
About
Research
2-bed · 1,051 sqftSilicon Heights 2, Dubai Silicon Oasis · 1st floor

115, Silicon Heights 2

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 769K27 October 2016
Current rentAED 62K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Silicon Heights 2

What is 115 worth today?

Last sold for AED 768,620 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Nov 2024RentedRenewal
AED 62,370/yr12 months · AED 60 per sqft
21 Nov 2023RentedNew contract
AED 59,400/yr12 months · AED 57 per sqft
21 Nov 2022RentedNew contract
AED 54,000/yr12 months · AED 51 per sqft
14 Oct 2020RentedNew contract
AED 43,163/yr13 months · AED 41 per sqft
1 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
27 Oct 2016Sold by developerReady
AED 768,620AED 731 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
2-bed apartment
Size
1,051 sqft
Floor
1st of 9
Parking
B-15, B-16
Service charge
AED 11,200 /yr
Last sold
AED 769K · October 2016
Building
Silicon Heights 2

About 115, Silicon Heights 2

115 is a two-bedroom apartment of 1,051 sqft on the 1st floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 27 October 2016 for AED 768,620, or AED 731 per sqft, in line with the AED 729 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 21 November 2024, is AED 62,370 a year: a gross yield of 8.1% on the 2016 price, before the service charge of about AED 11,200 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical two-bed in Silicon Heights 2
800K1M20162018202020222024Typical sale price by year: 2016 AED 839,035; 2017 AED 997,500; 2023 AED 780,000Sold by developer, October 2016: AED 768,620 (AED 731 per sqft)

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

Rents
Unit 115, each contractTypical two-bed in Silicon Heights 2
50K75K100K2016201920222025Typical rent by year: 2016 AED 92,000; 2017 AED 84,000; 2018 AED 82,000; 2019 AED 70,000; 2020 AED 56,000; 2021 AED 50,000; 2022 AED 54,000; 2023 AED 60,500; 2024 AED 67,750; 2025 AED 77,000; 2026 AED 85,000New contract, April 2019: AED 60,000 a yearNew contract, October 2020: AED 43,163 a yearNew contract, November 2022: AED 54,000 a yearNew contract, November 2023: AED 59,400 a yearRenewal, November 2024: AED 62,370 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 Heights 2, and where 115 sits

All 33 2-beds →

115 last sold in October 2016 at AED 731 per sqft, in line with what two-beds in Silicon Heights 2 were fetching at the time (AED 729). Over the last 12 months two-beds sold for AED 1,260,000, around AED 1,088 per sqft, and rent for AED 70,000 to 88,000 a year. 115's AED 62,370 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20261,260,000
30 Jul 20251,200,000
20 Dec 20241,100,000
26 Jul 20241,085,000
1 2-bed sale in the last 12 months

Silicon Heights 2

Building

234 apartments, studios to 3-bed over 9 floors in Dubai Silicon Oasis. 5 sold in the last 12 months.

Typical price per sqft
AED 1,011
Typical sale
AED 760K
Typical rent
AED 52K /yr
Typical yield
7.7%
Silicon Heights 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 234 units in Silicon Heights 2
Value
1011-bedAED 675K · May 2017
1021-bedAED 450K · Mar 2023
103StudioAED 515K · Nov 2024
1041-bedAED 597K · Jan 2017
1051-bedAED 562K · Oct 2016
1061-bedAED 700K · Jan 2025
1072-bedAED 1.09M · Jun 2017
1–7 of 21

115, Silicon Heights 2 in numbers

  • Sold once: by the developer on 27 October 2016 for AED 768,620, or AED 731 per sqft.
  • Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 43,163 in 2020 and recovered to AED 62,370 by November 2024.
  • At AED 62,370 a year the gross yield on the 2016 price is 8.1%, before a service charge of about AED 11,200 a year (AED 10.65 per sqft).
  • Two-beds in Silicon Heights 2 sold for AED 1,260,000–1,260,000 in the 12 months to November 2026; the building's median across all types is AED 1,011 per sqft.

Source: Dubai Land Department. Updated 21 November 2024.

Questions about 115, Silicon Heights 2

What did unit 115 last sell for?

AED 768,620 on 27 October 2016, sold by the developer: AED 731 per sqft for 1,051 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 62,370 a year on the contract renewed on 21 November 2024. The previous contract, from November 2023, was AED 59,400; the unit has been rented since April 2019.

How big is unit 115?

1,051 sqft (97.6 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Heights 2 sold for AED 1,260,000 to 1,260,000 in the last 12 months, around AED 1,088 per sqft.

Selling 115? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 115, Silicon Heights 2

Starts from the last sale price (AED 769K, 27 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 768,620
Deposit, UAE resident (20%)
AED 153,724
Deposit, non-resident (40%)
AED 307,448
Monthly over 25 years at 3.7%
AED 3,145

Plus AED 37,292 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →