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2-bed · 1,334 sqftSilicon Arch, Dubai Silicon Oasis · 1st floor · completed 2009

122, Silicon Arch

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 2 October 2024
Last soldAED 1.12M19 September 2024
Current rentAED 94K /yr2 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, Silicon Arch

What is 122 worth today?

Last sold for AED 1,120,000 in 2024

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2 Oct 2024RentedNew contract
AED 94,000/yr12 months · AED 70 per sqft
19 Sep 2024SoldReady
AED 1,120,000AED 839 per sqft
5 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
1 Jul 2021SoldReady
AED 560,000AED 419 per sqft
1 Jan 2021RentedRenewal
AED 56,000/yr12 months · AED 42 per sqft
1 Jan 2020RentedRenewal
AED 56,000/yr12 months · AED 42 per sqft
1 Jan 2019RentedNew contract
AED 66,000/yr12 months · AED 49 per sqft
5 Nov 2017RentedRenewal
AED 74,500/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 2 October 2024.

Key facts

Type
2-bed apartment
Size
1,334 sqft
Floor
1st of 8
Parking
B-50 & B-51
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 13,300 /yr
Last sold
AED 1.12M · September 2024
Building
Silicon Arch

About 122, Silicon Arch

122 is a two-bedroom apartment of 1,334 sqft on the 1st floor of Silicon Arch, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Ali Mohammed Saeed Bujsaim. It last sold on 19 September 2024 for AED 1,120,000, or AED 839 per sqft, 15% above the AED 729 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 2 October 2024, is AED 94,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 13,300 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical two-bed in Silicon Arch
500K1M2009201420192024Typical sale price by year: 2009 AED 990,185; 2010 AED 671,500; 2011 AED 688,288; 2012 AED 500,000; 2013 AED 508,750; 2014 AED 1,190,000; 2015 AED 1,025,000; 2016 AED 860,000; 2020 AED 575,000; 2021 AED 610,000; 2022 AED 475,000; 2023 AED 700,000; 2024 AED 1,100,000; 2025 AED 1,150,000; 2026 AED 1,125,000Sold by developer, May 2011: AED 751,850 (AED 563 per sqft)Sold, July 2021: AED 560,000 (AED 419 per sqft)Sold, September 2024: AED 1,120,000 (AED 839 per sqft)

122 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 122, each contractTypical two-bed in Silicon Arch
60K80K100K2012201620202024Typical rent by year: 2012 AED 53,750; 2013 AED 60,000; 2014 AED 71,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 80,000; 2018 AED 71,887; 2019 AED 64,000; 2020 AED 58,000; 2021 AED 51,000; 2022 AED 54,000; 2023 AED 60,000; 2024 AED 63,945; 2025 AED 70,084; 2026 AED 74,250New contract, October 2014: AED 83,000 a yearNew contract, November 2016: AED 77,000 a yearRenewal, November 2017: AED 74,500 a yearNew contract, January 2019: AED 66,000 a yearRenewal, January 2020: AED 56,000 a yearRenewal, January 2021: AED 56,000 a yearNew contract, October 2023: AED 80,000 a yearNew contract, October 2024: AED 94,000 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 Arch, and where 122 sits

All 48 2-beds →

122 last sold in September 2024 at AED 839 per sqft, 15% above what two-beds in Silicon Arch were fetching at the time (AED 729). Over the last 12 months two-beds sold for AED 1,015,569 to 1,350,000, around AED 975 per sqft, and rent for AED 55,000 to 110,000 a year. 122's AED 94,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Sep 20261,015,569
1 Jul 20261,350,000
17 Mar 20261,100,000
5 Mar 20261,150,000
4 2-bed sales in the last 12 months

Silicon Arch

Building

176 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Ali Mohammed Saeed Bujsaim. 7 sold in the last 12 months.

Typical price per sqft
AED 970
Typical sale
AED 1.02M
Typical rent
AED 55K /yr
Typical yield
6.6%
Silicon Arch, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 176 units in Silicon Arch
Value
1012-bedAED 1.1M · Jan 2015
1021-bedAED 320K · Oct 2012
1031-bedAED 390K · Feb 2023
1041-bedAED 400K · Oct 2023
1051-bedAED 256K · Jan 2017
1062-bedAED 650K · Apr 2023
1071-bedAED 700K · Jan 2010
1–7 of 21

122, Silicon Arch in numbers

  • Sold 3 times: first on 19 May 2011 for AED 751,850, last on 19 September 2024 for AED 1,120,000 (AED 839 per sqft).
  • Rented since September 2013 on 9 Ejari contracts, from AED 20,000 to AED 94,000 a year.
  • At AED 94,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 13,300 a year (AED 9.95 per sqft).
  • Two-beds in Silicon Arch sold for AED 1,015,569–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 970 per sqft.

Source: Dubai Land Department. Updated 2 October 2024.

Questions about 122, Silicon Arch

What did unit 122 last sell for?

AED 1,120,000 on 19 September 2024: AED 839 per sqft for 1,334 sqft. The unit has 3 registered sales; the first was AED 751,850 in May 2011.

What is the rent for unit 122?

AED 94,000 a year on the contract signed on 2 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since September 2013.

How big is unit 122?

1,334 sqft (123.9 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2009.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Arch sold for AED 1,015,569 to 1,350,000 in the last 12 months, around AED 975 per sqft.

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Mortgage on 122, Silicon Arch

Starts from the last sale price (AED 1.12M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →