2-bed · 1,397 sqftSilicon Arch, Dubai Silicon Oasis · 5th floor · completed 2009

506, Silicon Arch

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 31 March 2022
Last soldAED 1.18M18 June 2014
Current rentAED 55K /yr31 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Silicon Arch

What is 506 worth today?

Last sold for AED 1,180,000 in 2014

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31 Mar 2022RentedRenewal
AED 55,000/yr12 months · AED 39 per sqft
31 Mar 2021RentedNew contract
AED 50,000/yr12 months · AED 36 per sqft
17 Oct 2019RentedNew contract
AED 62,000/yr12 months · AED 44 per sqft
17 Jun 2015RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
18 Jun 2014SoldReady
AED 1,180,000AED 844 per sqft
10 May 2011Sold by developerReady
AED 430,526AED 308 per sqft

Source: Dubai Land Department. Updated 31 March 2022.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
5th of 8
Parking
B-99 & B-100
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 13,900 /yr
Last sold
AED 1.18M · June 2014
Building
Silicon Arch

About 506, Silicon Arch

506 is a two-bedroom apartment of 1,397 sqft on the 5th floor of Silicon Arch, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Ali Mohammed Saeed Bujsaim. It last sold on 18 June 2014 for AED 1,180,000, or AED 844 per sqft, in line with the AED 844 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 31 March 2022, is AED 55,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 13,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 430,526 (AED 308 per sqft)Sold, June 2014: AED 1,180,000 (AED 844 per sqft)

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

Rents
Unit 506, 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, June 2015: AED 85,000 a yearNew contract, October 2019: AED 62,000 a yearNew contract, March 2021: AED 50,000 a yearRenewal, March 2022: AED 55,000 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 506 sits

All 48 2-beds →

506 last sold in June 2014 at AED 844 per sqft, in line with what two-beds in Silicon Arch were fetching at the time (AED 844). 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. 506's AED 55,000 is at the bottom 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 5th floor

All 176 units in Silicon Arch
Value
5012-bedAED 1.2M · May 2025
5021-bedAED 435K · Apr 2010
5031-bedAED 252K · Jul 2010
5041-bedAED 565K · May 2025
5051-bedAED 264K · Aug 2011
5071-bedAED 530K · May 2025
5081-bedAED 810K · Nov 2025
1–7 of 21

506, Silicon Arch in numbers

  • Sold twice: first on 10 May 2011 for AED 430,526, last on 18 June 2014 for AED 1,180,000 (AED 844 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 85,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2014 price is 4.7%, 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 31 March 2022.

Questions about 506, Silicon Arch

What did unit 506 last sell for?

AED 1,180,000 on 18 June 2014: AED 844 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 430,526 in May 2011.

What is the rent for unit 506?

AED 55,000 a year on the contract renewed on 31 March 2022. The previous contract, from March 2021, was AED 50,000; the unit has been rented since June 2015.

How big is unit 506?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.

What is unit 506 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 506, Silicon Arch

Starts from the last sale price (AED 1.18M, 18 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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