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1-bed · 883 sqftSilicon Heights 2, Dubai Silicon Oasis · 5th floor

508, Silicon Heights 2

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 405K8 November 2020
Current rentAED 42K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Silicon Heights 2

What is 508 worth today?

Last sold for AED 405,000 in 2020

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1 Mar 2022RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
19 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
8 Nov 2020SoldReady
AED 405,000AED 458 per sqft
19 Jan 2019RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
20 Jan 2018RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
5 Dec 2016Sold by developerReady
AED 717,405AED 812 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
1-bed apartment
Size
883 sqft
Floor
5th of 9
Parking
B-127
Service charge
AED 9,400 /yr
Last sold
AED 405K · November 2020
Building
Silicon Heights 2

About 508, Silicon Heights 2

508 is a one-bedroom apartment of 883 sqft on the 5th floor of Silicon Heights 2, a 9-storey tower in Dubai Silicon Oasis. It last sold on 8 November 2020 for AED 405,000, or AED 458 per sqft, in line with the AED 463 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 March 2022, is AED 42,000 a year: a gross yield of 10.4% on the 2020 price, before the service charge of about AED 9,400 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Silicon Heights 2
400K600K2016201920222025Typical sale price by year: 2016 AED 641,647; 2017 AED 675,000; 2018 AED 638,311; 2022 AED 475,000; 2023 AED 480,000; 2024 AED 590,000; 2025 AED 671,000Sold by developer, December 2016: AED 717,405 (AED 812 per sqft)Sold, November 2020: AED 405,000 (AED 458 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Silicon Heights 2
40K60K2016201920222025Typical rent by year: 2016 AED 65,000; 2017 AED 60,000; 2018 AED 56,500; 2019 AED 45,000; 2020 AED 36,923; 2021 AED 34,000; 2022 AED 37,000; 2023 AED 43,000; 2024 AED 52,049; 2025 AED 58,000; 2026 AED 57,231New contract, January 2018: AED 65,000 a yearNew contract, January 2019: AED 55,000 a yearNew contract, February 2021: AED 40,000 a yearNew contract, March 2022: AED 42,000 a year

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

1-beds in Silicon Heights 2, and where 508 sits

All 113 1-beds →

508 last sold in November 2020 at AED 458 per sqft, in line with what one-beds in Silicon Heights 2 were fetching at the time (AED 463). Over the last 12 months one-beds sold for AED 670,000 to 795,000, around AED 1,001 per sqft, and rent for AED 44,000 to 65,000 a year. 508's AED 42,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 2026740,000
12 Feb 2026670,000
29 Dec 2025760,000
12 Dec 2025795,000
4 1-bed 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
7.8%
Silicon Heights 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 234 units in Silicon Heights 2
Value
5011-bedAED 670K · Sep 2016
5021-bedAED 617K · Jan 2017
5031-bedAED 700K · Apr 2017
5041-bedAED 640K · Nov 2016
505StudioAED 360K · Aug 2023
5061-bedAED 470K · Jan 2023
5071-bedAED 660K · Mar 2025
1–7 of 26

508, Silicon Heights 2 in numbers

  • Sold twice: first on 5 December 2016 for AED 717,405, last on 8 November 2020 for AED 405,000 (AED 458 per sqft).
  • Rented since January 2018 on 4 Ejari contracts, from AED 65,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2020 price is 10.4%, before a service charge of about AED 9,400 a year (AED 10.65 per sqft).
  • One-beds in Silicon Heights 2 sold for AED 670,000–795,000 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 1 March 2022.

Questions about 508, Silicon Heights 2

What did unit 508 last sell for?

AED 405,000 on 8 November 2020: AED 458 per sqft for 883 sqft. The unit has 2 registered sales; the first was AED 717,405 in December 2016.

What is the rent for unit 508?

AED 42,000 a year on the contract signed on 1 March 2022. The previous contract, from February 2021, was AED 40,000; the unit has been rented since January 2018.

How big is unit 508?

883 sqft (82.0 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Heights 2 sold for AED 670,000 to 795,000 in the last 12 months, around AED 1,001 per sqft.

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Mortgage on 508, Silicon Heights 2

Starts from the last sale price (AED 405K, 8 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

Plus AED 19,920 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →