2-bed · 1,397 sqftSilicon Arch, Dubai Silicon Oasis · 2nd floor · completed 2009

217, Silicon Arch

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

Unit 217 · DLD and Ejari recordsUpdated 25 December 2024
Last soldAED 950K25 December 2024
Current rentAED 61K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Silicon Arch

What is 217 worth today?

Last sold for AED 950,000 in 2024

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25 Dec 2024SoldReady
AED 950,000AED 679 per sqft
15 Jul 2024RentedRenewal
AED 61,215/yr12 months · AED 44 per sqft
15 Jul 2023RentedRenewal
AED 58,300/yr12 months · AED 42 per sqft
15 Jul 2022RentedRenewal
AED 53,000/yr12 months · AED 38 per sqft
15 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 36 per sqft
1 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
1 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
1 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 25 December 2024.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
2nd of 8
Parking
G-219 & G-220
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 13,900 /yr
Last sold
AED 950K · December 2024
Building
Silicon Arch

About 217, Silicon Arch

217 is a two-bedroom apartment of 1,397 sqft on the 2nd floor of Silicon Arch, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Ali Mohammed Saeed Bujsaim. It last sold on 25 December 2024 for AED 950,000, or AED 679 per sqft, 15% below the AED 799 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 61,215 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 13,900 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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 738,650 (AED 528 per sqft)Sold, December 2024: AED 950,000 (AED 679 per sqft)

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

Rents
Unit 217, 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, May 2013: AED 60,000 a yearNew contract, May 2014: AED 72,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, April 2020: AED 60,000 a yearNew contract, July 2021: AED 50,000 a yearRenewal, July 2022: AED 53,000 a yearRenewal, July 2023: AED 58,300 a yearRenewal, July 2024: AED 61,215 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 217 sits

All 48 2-beds →

217 last sold in December 2024 at AED 679 per sqft, 15% below what two-beds in Silicon Arch were fetching at the time (AED 799). 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. 217's AED 61,215 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

217, Silicon Arch in numbers

  • Sold twice: first on 18 May 2011 for AED 738,650, last on 25 December 2024 for AED 950,000 (AED 679 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2021 and recovered to AED 61,215 by July 2024.
  • At AED 61,215 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 13,900 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 25 December 2024.

Questions about 217, Silicon Arch

What did unit 217 last sell for?

AED 950,000 on 25 December 2024: AED 679 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 738,650 in May 2011.

What is the rent for unit 217?

AED 61,215 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 58,300; the unit has been rented since May 2013.

How big is unit 217?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 217 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 217, Silicon Arch

Starts from the last sale price (AED 950K, 25 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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