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1-bed · 661 sqftSilicon Arch, Dubai Silicon Oasis · 7th floor · completed 2009

702, Silicon Arch

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 600K11 March 2009
Current rentAED 43K /yr18 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Silicon Arch

What is 702 worth today?

Last sold for AED 600,000 in 2009

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18 Jul 2024RentedRenewal
AED 43,000/yr12 months · AED 65 per sqft
18 Jul 2023RentedRenewal
AED 39,100/yr12 months · AED 60 per sqft
18 Jul 2022RentedNew contract
AED 34,000/yr12 months · AED 52 per sqft
17 Jul 2018RentedRenewal
AED 50,000/yr12 months · AED 76 per sqft
17 Jul 2017RentedNew contract
AED 58,000/yr12 months · AED 88 per sqft
11 Mar 2009Sold by developerReady
AED 600,000AED 908 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
1-bed apartment
Size
661 sqft
Floor
7th of 8
Parking
G-240
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 6,600 /yr
Last sold
AED 600K · March 2009
Building
Silicon Arch

About 702, Silicon Arch

702 is a one-bedroom apartment of 661 sqft on the 7th 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 11 March 2009 for AED 600,000, or AED 908 per sqft, 34% above the AED 678 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 18 July 2024, is AED 43,000 a year: a gross yield of 7.2% on the 2009 price, before the service charge of about AED 6,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Silicon Arch
400K600K2009201420192024Typical sale price by year: 2009 AED 519,520; 2010 AED 442,000; 2011 AED 327,575; 2012 AED 320,000; 2013 AED 432,500; 2014 AED 495,000; 2015 AED 585,000; 2016 AED 587,500; 2017 AED 550,000; 2018 AED 510,000; 2019 AED 400,000; 2021 AED 355,000; 2022 AED 350,000; 2023 AED 390,000; 2024 AED 447,500; 2025 AED 550,000Sold by developer, March 2009: AED 600,000 (AED 908 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Silicon Arch
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 37,800; 2014 AED 49,000; 2015 AED 57,000; 2016 AED 57,000; 2017 AED 54,927; 2018 AED 50,000; 2019 AED 40,000; 2020 AED 35,801; 2021 AED 30,000; 2022 AED 33,600; 2023 AED 38,525; 2024 AED 42,950; 2025 AED 48,850; 2026 AED 50,000New contract, July 2017: AED 58,000 a yearRenewal, July 2018: AED 50,000 a yearNew contract, July 2022: AED 34,000 a yearRenewal, July 2023: AED 39,100 a yearRenewal, July 2024: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silicon Arch, and where 702 sits

All 128 1-beds →

702 last sold in March 2009 at AED 908 per sqft, 34% above what one-beds in Silicon Arch were fetching at the time (AED 678). Over the last 12 months one-beds sold for AED 560,000 to 810,000, around AED 759 per sqft, and rent for AED 39,000 to 76,230 a year. 702's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Aug 2026590,000
22 Jun 2026560,000
13 Nov 2025810,000
3 Oct 2025570,000
3 1-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 7th floor

All 176 units in Silicon Arch
Value
7012-bedAED 875K · Apr 2015
7031-bedAED 390K · Mar 2019
7041-bedAED 495K · Oct 2024
7051-bedAED 573K · Feb 2011
7062-bedAED 1M · Mar 2015
7071-bedAED 730K · Mar 2009
7081-bedAED 420K · Oct 2011
1–7 of 21

702, Silicon Arch in numbers

  • Sold once: by Ali Mohammed Saeed Bujsaim on 11 March 2009 for AED 600,000, or AED 908 per sqft.
  • Rented since July 2017 on 5 Ejari contracts. The rent fell from AED 58,000 to AED 34,000 in 2022 and recovered to AED 43,000 by July 2024.
  • At AED 43,000 a year the gross yield on the 2009 price is 7.2%, before a service charge of about AED 6,600 a year (AED 9.95 per sqft).
  • One-beds in Silicon Arch sold for AED 560,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 970 per sqft.

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 702, Silicon Arch

What did unit 702 last sell for?

AED 600,000 on 11 March 2009, sold by the developer: AED 908 per sqft for 661 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 43,000 a year on the contract renewed on 18 July 2024. The previous contract, from July 2023, was AED 39,100; the unit has been rented since July 2017.

How big is unit 702?

661 sqft (61.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Arch sold for AED 560,000 to 810,000 in the last 12 months, around AED 759 per sqft.

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Mortgage on 702, Silicon Arch

Starts from the last sale price (AED 600K, 11 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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