2-bed · 1,133 sqftSilicon Arch, Dubai Silicon Oasis · 2nd floor · completed 2009

214, Silicon Arch

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 9 December 2019
Last soldAED 729K8 April 2009
Current rentAED 63K /yr9 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Silicon Arch

What is 214 worth today?

Last sold for AED 729,495 in 2009

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9 Dec 2019RentedRenewal
AED 63,000/yr12 months · AED 56 per sqft
9 Dec 2018RentedNew contract
AED 63,000/yr12 months · AED 56 per sqft
1 Aug 2018RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft
1 Jul 2017RentedNew contract
AED 70,000/yr12 months · AED 62 per sqft
1 Jul 2015RentedNew contract
AED 66,150/yr12 months · AED 59 per sqft
1 Jul 2014RentedNew contract
AED 63,000/yr12 months · AED 56 per sqft
8 Apr 2009Sold by developerReady
AED 729,495AED 643 per sqft

Source: Dubai Land Department. Updated 9 December 2019.

Key facts

Type
2-bed apartment
Size
1,133 sqft
Floor
2nd of 8
Parking
B-41 & B-42
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 11,300 /yr
Last sold
AED 729K · April 2009
Building
Silicon Arch

About 214, Silicon Arch

214 is a two-bedroom apartment of 1,133 sqft on the 2nd floor of Silicon Arch, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Ali Mohammed Saeed Bujsaim. The developer sold it on 8 April 2009 for AED 729,495, or AED 643 per sqft, 5% below the AED 677 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 9 December 2019, is AED 63,000 a year: a gross yield of 8.6% on the 2009 price, before the service charge of about AED 11,300 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, April 2009: AED 729,495 (AED 643 per sqft)

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

Rents
Unit 214, each contractTypical two-bed in Silicon Arch
60K80K2012201620202024Typical 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, July 2014: AED 63,000 a yearNew contract, July 2015: AED 66,150 a yearNew contract, July 2017: AED 70,000 a yearNew contract, August 2018: AED 68,000 a yearNew contract, December 2018: AED 63,000 a yearRenewal, December 2019: AED 63,000 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 214 sits

All 48 2-beds →

214 last sold in April 2009 at AED 643 per sqft, 5% below what two-beds in Silicon Arch were fetching at the time (AED 677). 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. 214's AED 63,000 is in the lower 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 2nd floor

All 176 units in Silicon Arch
Value
2012-bedAED 735K · Jul 2010
2021-bedAED 300K · May 2012
2031-bedAED 248K · Jul 2010
2041-bedAED 445K · May 2024
2051-bedAED 445K · May 2024
2062-bedAED 891K · May 2009
2071-bedAED 353K · Feb 2022
1–7 of 21

214, Silicon Arch in numbers

  • Sold once: by Ali Mohammed Saeed Bujsaim on 8 April 2009 for AED 729,495, or AED 643 per sqft.
  • Rented since July 2014 on 6 Ejari contracts, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2009 price is 8.6%, before a service charge of about AED 11,300 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 9 December 2019.

Questions about 214, Silicon Arch

What did unit 214 last sell for?

AED 729,495 on 8 April 2009, sold by the developer: AED 643 per sqft for 1,133 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 63,000 a year on the contract renewed on 9 December 2019. The previous contract, from December 2018, was AED 63,000; the unit has been rented since July 2014.

How big is unit 214?

1,133 sqft (105.3 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 214 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 214, Silicon Arch

Starts from the last sale price (AED 729K, 8 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 729,495
Deposit, UAE resident (20%)
AED 145,899
Deposit, non-resident (40%)
AED 291,798
Monthly over 25 years at 3.7%
AED 2,985

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