785 sqftSilicon Arch, Dubai Silicon Oasis · 2nd floor · completed 2009

215, Silicon Arch

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 450K12 May 2010
Current rentAED 40K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Silicon Arch

What is 215 worth today?

Last sold for AED 450,000 in 2010

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10 Nov 2024RentedRenewal
AED 40,480/yr12 months · AED 52 per sqft
10 Nov 2023RentedRenewal
AED 36,800/yr12 months · AED 47 per sqft
10 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
28 Oct 2020RentedRenewal
AED 32,000/yr12 months · AED 41 per sqft
28 Oct 2019RentedRenewal
AED 38,000/yr12 months · AED 48 per sqft
28 Oct 2018RentedNew contract
AED 49,500/yr12 months · AED 63 per sqft
28 Oct 2017RentedNew contract
AED 49,500/yr12 months · AED 63 per sqft
28 Oct 2016RentedRenewal
AED 49,500/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
Apartment
Size
785 sqft
Floor
2nd of 8
Parking
G-179
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 7,800 /yr
Last sold
AED 450K · May 2010
Building
Silicon Arch

About 215, Silicon Arch

215 is an apartment of 785 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 12 May 2010 for AED 450,000, or AED 572 per sqft.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 40,480 a year: a gross yield of 9.0% on the 2010 price, before the service charge of about AED 7,800 a year.

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. 1 sold in the last 12 months.

Typical price per sqft
AED 1,031
Typical sale
AED 810K
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

215, Silicon Arch in numbers

  • Sold twice: first on 21 March 2010 for AED 500,000, last on 12 May 2010 for AED 450,000 (AED 572 per sqft).
  • Rented since October 2015 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2021 and recovered to AED 40,480 by November 2024.
  • At AED 40,480 a year the gross yield on the 2010 price is 9.0%, before a service charge of about AED 7,800 a year (AED 9.95 per sqft).

Source: Dubai Land Department. Updated 10 November 2024.

Questions about 215, Silicon Arch

What did unit 215 last sell for?

AED 450,000 on 12 May 2010: AED 572 per sqft for 785 sqft. The unit has 2 registered sales; the first was AED 500,000 in March 2010.

What is the rent for unit 215?

AED 40,480 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 36,800; the unit has been rented since October 2015.

How big is unit 215?

785 sqft (72.9 sqm): an apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 215, Silicon Arch

Starts from the last sale price (AED 450K, 12 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →