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2-bed · 1,133 sqftSilicon Arch, Dubai Silicon Oasis · 6th floor · completed 2009

609, Silicon Arch

Sold prices and rental history: sold once, by the developer in October 2011, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 15 February 2016
Last soldAED 560K3 October 2011
Current rentAED 68K /yr15 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 609, Silicon Arch

What is 609 worth today?

Last sold for AED 559,500 in 2011

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15 Feb 2016RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft
16 Aug 2014RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft
3 Oct 2011Sold by developerReady
AED 559,500AED 493 per sqft

Source: Dubai Land Department. Updated 15 February 2016.

Key facts

Type
2-bed apartment
Size
1,133 sqft
Floor
6th of 8
Parking
B-111 & B-112
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 11,300 /yr
Last sold
AED 560K · October 2011
Building
Silicon Arch

About 609, Silicon Arch

609 is a two-bedroom apartment of 1,133 sqft on the 6th 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 3 October 2011 for AED 559,500, or AED 493 per sqft, 7% below the AED 528 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 15 February 2016, is AED 68,000 a year: a gross yield of 12.2% on the 2011 price, before the service charge of about AED 11,300 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, October 2011: AED 559,500 (AED 493 per sqft)

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

Rents
Unit 609, 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, August 2014: AED 68,000 a yearNew contract, February 2016: AED 68,000 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 609 sits

All 48 2-beds →

609 last sold in October 2011 at AED 493 per sqft, 7% below what two-beds in Silicon Arch were fetching at the time (AED 528). 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. 609's AED 68,000 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 6th floor

All 176 units in Silicon Arch
Value
6012-bedAED 955K · Apr 2010
6021-bedAED 520K · Oct 2017
6031-bedAED 332K · Jul 2010
6041-bedAED 611K · Feb 2011
6051-bedAED 573K · Feb 2011
6062-bedAED 550K · Apr 2011
6071-bedAED 512K · Mar 2011
1–7 of 21

609, Silicon Arch in numbers

  • Sold once: by Ali Mohammed Saeed Bujsaim on 3 October 2011 for AED 559,500, or AED 493 per sqft.
  • Rented since August 2014 on 2 Ejari contracts, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2011 price is 12.2%, 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 15 February 2016.

Questions about 609, Silicon Arch

What did unit 609 last sell for?

AED 559,500 on 3 October 2011, sold by the developer: AED 493 per sqft for 1,133 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 68,000 a year on the contract signed on 15 February 2016. The previous contract, from August 2014, was AED 68,000.

How big is unit 609?

1,133 sqft (105.3 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 609 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 609, Silicon Arch

Starts from the last sale price (AED 560K, 3 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 559,500
Deposit, UAE resident (20%)
AED 111,900
Deposit, non-resident (40%)
AED 223,800
Monthly over 25 years at 3.7%
AED 2,289

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