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2-bed · 1,646 sqftSilicon Star, Dubai Silicon Oasis · 7th floor

706, Silicon Star

Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 632K27 October 2015
Current rentAED 83K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Silicon Star

What is 706 worth today?

Last sold for AED 631,560 in 2015

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10 Oct 2023RentedRenewal
AED 83,000/yr12 months · AED 50 per sqft
10 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
22 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
20 Jul 2020RentedRenewal
AED 80,000/yr12 months · AED 49 per sqft
20 Jul 2019RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
20 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
27 Oct 2015SoldReady
AED 631,560AED 383 per sqft
1 Apr 2012RentedNew contract
AED 63,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
2-bed apartment
Size
1,646 sqft
Floor
7th of 8
Parking
P145, P138
Service charge
AED 19,700 /yr
Last sold
AED 632K · October 2015
Building
Silicon Star

About 706, Silicon Star

706 is a two-bedroom apartment of 1,646 sqft on the 7th floor of Silicon Star, a 8-storey tower in Dubai Silicon Oasis. It last sold on 27 October 2015 for AED 631,560, or AED 383 per sqft, 49% below the AED 758 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 83,000 a year: a gross yield of 13.1% on the 2015 price, before the service charge of about AED 19,700 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Silicon Star
500K1M1.5M2009201420192024Typical sale price by year: 2009 AED 619,500; 2012 AED 1,526,122; 2013 AED 910,290; 2014 AED 1,176,585; 2015 AED 1,177,765; 2016 AED 900,000; 2017 AED 1,070,000; 2021 AED 862,500; 2022 AED 915,000; 2023 AED 972,500; 2024 AED 1,200,000; 2025 AED 1,400,000Sold by developer, June 2009: AED 1,578,784 (AED 959 per sqft)Sold, October 2015: AED 631,560 (AED 383 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Silicon Star
60K80K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 71,000; 2014 AED 72,750; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 78,000; 2020 AED 67,000; 2021 AED 65,000; 2022 AED 69,000; 2023 AED 80,000; 2024 AED 87,500; 2025 AED 100,000New contract, April 2012: AED 63,000 a yearNew contract, July 2018: AED 85,000 a yearRenewal, July 2019: AED 85,000 a yearRenewal, July 2020: AED 80,000 a yearNew contract, August 2021: AED 75,000 a yearNew contract, October 2022: AED 80,000 a yearRenewal, October 2023: AED 83,000 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 706 sits

All 49 2-beds →

706 last sold in October 2015 at AED 383 per sqft, 49% below what two-beds in Silicon Star were fetching at the time (AED 758).

Recent 2-bed salesUnit no.Price (AED)Summary
23 May 20251,400,000
6 Mar 20251,425,000
28 Jan 20251,300,000
11 Nov 20241,200,000
0 2-bed sales in the last 12 months

Silicon Star

Building

104 apartments, 1-bed to 3-bed over 8 floors in Dubai Silicon Oasis. 1 sold in the last 12 months.

Typical price per sqft
AED 781
Typical sale
AED 745K
Typical rent
AED 61K /yr
Typical yield
8.2%
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
7072-bedAED 1.25M · Feb 2024
7081-bedAED 720K · Feb 2018
1–7 of 9

706, Silicon Star in numbers

  • Sold twice: first on 29 June 2009 for AED 1,578,784, last on 27 October 2015 for AED 631,560 (AED 383 per sqft).
  • Rented since April 2012 on 7 Ejari contracts, from AED 63,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2015 price is 13.1%, before a service charge of about AED 19,700 a year (AED 11.95 per sqft).

Source: Dubai Land Department. Updated 10 October 2023.

Questions about 706, Silicon Star

What did unit 706 last sell for?

AED 631,560 on 27 October 2015: AED 383 per sqft for 1,646 sqft. The unit has 2 registered sales; the first was AED 1,578,784 in June 2009.

What is the rent for unit 706?

AED 83,000 a year on the contract renewed on 10 October 2023. The previous contract, from October 2022, was AED 80,000; the unit has been rented since April 2012.

How big is unit 706?

1,646 sqft (152.9 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower.

What is unit 706 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 706, Silicon Star

Starts from the last sale price (AED 632K, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 631,560
Deposit, UAE resident (20%)
AED 126,312
Deposit, non-resident (40%)
AED 252,624
Monthly over 25 years at 3.7%
AED 2,584

Plus AED 31,535 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →