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Studio · 509 sqftSilicon Heights 2, Dubai Silicon Oasis · 4th floor

421, Silicon Heights 2

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 510K5 December 2016
Current rentAED 44K /yr27 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, Silicon Heights 2

What is 421 worth today?

Last sold for AED 510,000 in 2016

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27 Aug 2024RentedNew contract
AED 44,000/yr12 months · AED 87 per sqft
1 Jul 2023RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
1 Jul 2021RentedNew contract
AED 27,500/yr12 months · AED 54 per sqft
1 Jul 2020RentedNew contract
AED 33,000/yr12 months · AED 65 per sqft
25 Oct 2017RentedNew contract
AED 45,754/yr12 months · AED 90 per sqft
5 Dec 2016Sold by developerReady
AED 510,000AED 1,001 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
Studio apartment
Size
509 sqft
Floor
4th of 9
Parking
B-113
Service charge
AED 5,400 /yr
Last sold
AED 510K · December 2016
Building
Silicon Heights 2

About 421, Silicon Heights 2

421 is a studio of 509 sqft on the 4th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. The developer sold it on 5 December 2016 for AED 510,000, or AED 1,001 per sqft, in line with the AED 981 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 27 August 2024, is AED 44,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 5,400 a year.

Sales and rents for 421 over time

Sales
Unit 421, each saleTypical studio in Silicon Heights 2
300K400K500K2016201920222025Typical sale price by year: 2016 AED 469,000; 2017 AED 480,000; 2018 AED 475,000; 2021 AED 320,000; 2023 AED 360,000; 2024 AED 460,000; 2025 AED 460,000Sold by developer, December 2016: AED 510,000 (AED 1,001 per sqft)

421 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 421, each contractTypical studio in Silicon Heights 2
30K40K2016201920222025Typical rent by year: 2016 AED 45,000; 2017 AED 43,000; 2018 AED 40,000; 2019 AED 32,000; 2020 AED 25,000; 2021 AED 24,000; 2022 AED 27,000; 2023 AED 30,360; 2024 AED 38,500; 2025 AED 44,000; 2026 AED 45,000New contract, October 2017: AED 45,754 a yearNew contract, July 2020: AED 33,000 a yearNew contract, July 2021: AED 27,500 a yearNew contract, July 2023: AED 30,000 a yearNew contract, August 2024: AED 44,000 a year

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

Studios in Silicon Heights 2, and where 421 sits

All 71 studios →

421 last sold in December 2016 at AED 1,001 per sqft, in line with what studios in Silicon Heights 2 were fetching at the time (AED 981). 421's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jun 2025460,000
2 Jun 2025460,000
14 Mar 2025470,000
17 Dec 2024460,000
0 studio sales 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 4th floor

All 234 units in Silicon Heights 2
Value
4011-bedAED 700K · Feb 2017
4021-bedAED 617K · Nov 2016
4031-bedAED 575K · Oct 2016
4041-bedAED 578K · Oct 2016
405StudioAED 480K · Oct 2016
4061-bedAED 508K · Dec 2018
4071-bedAED 655K · Sep 2016
1–7 of 26

421, Silicon Heights 2 in numbers

  • Sold once: by the developer on 5 December 2016 for AED 510,000, or AED 1,001 per sqft.
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 45,754 to AED 27,500 in 2021 and recovered to AED 44,000 by August 2024.
  • At AED 44,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 5,400 a year (AED 10.65 per sqft).

Source: Dubai Land Department. Updated 27 August 2024.

Questions about 421, Silicon Heights 2

What did unit 421 last sell for?

AED 510,000 on 5 December 2016, sold by the developer: AED 1,001 per sqft for 509 sqft. It is the only registered sale of the unit.

What is the rent for unit 421?

AED 44,000 a year on the contract signed on 27 August 2024. The previous contract, from July 2023, was AED 30,000; the unit has been rented since October 2017.

How big is unit 421?

509 sqft (47.3 sqm): a studio on the 4th floor of a 9-storey tower.

What is unit 421 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 421, Silicon Heights 2

Starts from the last sale price (AED 510K, 5 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

Plus AED 26,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →