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2-bed · 1,397 sqftSilicon Arch, Dubai Silicon Oasis · 7th floor · completed 2009

717, Silicon Arch

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717 · DLD and Ejari recordsUpdated 1 June 2020
Last soldAED 620K4 February 2020
Current rentAED 12K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 717, Silicon Arch

What is 717 worth today?

Last sold for AED 620,000 in 2020

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1 Jun 2020RentedNew contract · flagged as an outlier
AED 12,000/yr12 months · AED 9 per sqft
4 Feb 2020SoldReady
AED 620,000AED 443 per sqft
25 Apr 2019RentedNew contract
AED 63,000/yr12 months · AED 45 per sqft
20 Sep 2014RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
20 Sep 2013RentedNew contract
AED 65,500/yr12 months · AED 47 per sqft
8 Jul 2010Sold by developerReady
AED 671,500AED 480 per sqft

Source: Dubai Land Department. Updated 1 June 2020.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
7th of 8
Parking
B-93 & B-94
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 13,900 /yr
Last sold
AED 620K · February 2020
Building
Silicon Arch

About 717, Silicon Arch

717 is a two-bedroom apartment of 1,397 sqft on the 7th floor of Silicon Arch, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Ali Mohammed Saeed Bujsaim. It last sold on 4 February 2020 for AED 620,000, or AED 443 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 June 2020, is AED 12,000 a year: a gross yield of 1.9% on the 2020 price, before the service charge of about AED 13,900 a year.

Sales and rents for 717 over time

Sales
Unit 717, 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, July 2010: AED 671,500 (AED 480 per sqft)Sold, February 2020: AED 620,000 (AED 443 per sqft)

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

Rents
Unit 717, 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, September 2013: AED 65,500 a yearNew contract, September 2014: AED 75,000 a yearNew contract, April 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 717 sits

All 48 2-beds →

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. 717's AED 12,000 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 7th floor

All 176 units in Silicon Arch
Value
7012-bedAED 875K · Apr 2015
7021-bedAED 600K · Mar 2009
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
1–7 of 21

717, Silicon Arch in numbers

  • Sold twice: first on 8 July 2010 for AED 671,500, last on 4 February 2020 for AED 620,000 (AED 443 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 65,500 to AED 12,000 a year.
  • At AED 12,000 a year the gross yield on the 2020 price is 1.9%, 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 1 June 2020.

Questions about 717, Silicon Arch

What did unit 717 last sell for?

AED 620,000 on 4 February 2020: AED 443 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 671,500 in July 2010.

What is the rent for unit 717?

AED 12,000 a year on the contract signed on 1 June 2020. The previous contract, from April 2019, was AED 63,000; the unit has been rented since September 2013.

How big is unit 717?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 717 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 717, Silicon Arch

Starts from the last sale price (AED 620K, 4 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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