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Studio · 486 sqftSilicon Heights, Dubai Silicon Oasis · 2nd floor · completed 2011

229, Silicon Heights

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 400K1 November 2024
Current rentAED 33K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Silicon Heights

What is 229 worth today?

Last sold for AED 400,000 in 2024

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1 Nov 2024SoldReady
AED 400,000AED 822 per sqft
1 Sep 2023RentedRenewal
AED 33,000/yr24 months · AED 68 per sqft
1 Sep 2022RentedNew contract
AED 24,000/yr12 months · AED 49 per sqft
1 Sep 2019RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
10 Oct 2018RentedRenewal
AED 38,000/yr12 months · AED 78 per sqft
1 Jan 2015RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
21 Apr 2014SoldReady
AED 425,000AED 873 per sqft
12 Feb 2012Sold by developerReady
AED 195,000AED 400 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
2nd of 8
Parking
B-092
Developer
Vision Avenue Homes
Completed
2011
Service charge
AED 5,200 /yr
Last sold
AED 400K · November 2024
Building
Silicon Heights

About 229, Silicon Heights

229 is a studio of 486 sqft on the 2nd floor of Silicon Heights, a 8-storey tower in Dubai Silicon Oasis completed in 2011 by Vision Avenue Homes. It last sold on 1 November 2024 for AED 400,000, or AED 822 per sqft, in line with the AED 819 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 33,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 5,200 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical studio in Silicon Heights
200K400K2011201520192023Typical sale price by year: 2011 AED 397,320; 2012 AED 379,260; 2013 AED 305,000; 2014 AED 432,500; 2015 AED 415,000; 2016 AED 417,500; 2017 AED 425,000; 2018 AED 350,000; 2019 AED 335,000; 2022 AED 280,000; 2023 AED 305,000; 2024 AED 395,000; 2025 AED 420,000Sold by developer, February 2012: AED 195,000 (AED 400 per sqft)Sold, April 2014: AED 425,000 (AED 873 per sqft)Sold, November 2024: AED 400,000 (AED 822 per sqft)

229 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 229, each contractTypical studio in Silicon Heights
20K30K40K2012201620202024Typical rent by year: 2012 AED 24,000; 2013 AED 26,400; 2014 AED 32,000; 2015 AED 42,000; 2016 AED 43,000; 2017 AED 41,000; 2018 AED 38,000; 2019 AED 30,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 25,000; 2023 AED 30,000; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 40,000New contract, January 2015: AED 40,000 a yearRenewal, October 2018: AED 38,000 a yearNew contract, September 2019: AED 28,000 a yearNew contract, September 2022: AED 24,000 a yearRenewal, September 2023: AED 33,000 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, and where 229 sits

All 169 studios →

229 last sold in November 2024 at AED 822 per sqft, in line with what studios in Silicon Heights were fetching at the time (AED 819). Over the last 12 months studios sold for AED 420,000 to 555,000, around AED 982 per sqft, and rent for AED 25,000 to 57,600 a year. 229's AED 33,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Feb 2026555,000
26 Dec 2025475,000
23 Dec 2025420,000
16 Dec 2025420,000
4 studio sales in the last 12 months

Silicon Heights

Building

277 apartments, studios to 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2011 by Vision Avenue Homes. 8 sold in the last 12 months.

Typical price per sqft
AED 946
Typical sale
AED 527K
Typical rent
AED 45K /yr
Typical yield
9.0%
Silicon Heights, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 277 units in Silicon Heights
Value
201StudioAED 343K · Apr 2013
2021-bedAED 470K · Jul 2023
203StudioAED 410K · Sep 2024
204StudioAED 385K · Jan 2012
205StudioAED 245K · Dec 2012
2061-bedAED 620K · Dec 2015
2071-bedAED 325K · Oct 2023
1–7 of 30

229, Silicon Heights in numbers

  • Sold 3 times: first on 12 February 2012 for AED 195,000, last on 1 November 2024 for AED 400,000 (AED 822 per sqft).
  • Rented since January 2015 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 24,000 in 2022 and recovered to AED 33,000 by September 2023.
  • At AED 33,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 5,200 a year (AED 10.65 per sqft).
  • Studios in Silicon Heights sold for AED 420,000–555,000 in the 12 months to November 2026; the building's median across all types is AED 946 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 229, Silicon Heights

What did unit 229 last sell for?

AED 400,000 on 1 November 2024: AED 822 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 195,000 in February 2012.

What is the rent for unit 229?

AED 33,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 24,000; the unit has been rented since January 2015.

How big is unit 229?

486 sqft (45.2 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2011.

What is unit 229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Heights sold for AED 420,000 to 555,000 in the last 12 months, around AED 982 per sqft.

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Mortgage on 229, Silicon Heights

Starts from the last sale price (AED 400K, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →