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1-bed · 777 sqftSilicon Arch, Dubai Silicon Oasis · 7th floor · completed 2009

703, Silicon Arch

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 390K7 March 2019
Current rentAED 46K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Silicon Arch

What is 703 worth today?

Last sold for AED 390,000 in 2019

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1 May 2024RentedNew contract
AED 46,200/yr12 months · AED 59 per sqft
7 Mar 2019SoldReady
AED 390,000AED 501 per sqft
1 May 2018RentedNew contract
AED 56,000/yr12 months · AED 72 per sqft
1 May 2017RentedRenewal
AED 60,000/yr12 months · AED 77 per sqft
1 May 2016RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
15 Apr 2014RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
14 Jun 2010Sold by developerReady
AED 630,300AED 811 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
7th of 8
Parking
B-14
Developer
Ali Mohammed Saeed Bujsaim
Completed
2009
Service charge
AED 7,700 /yr
Last sold
AED 390K · March 2019
Building
Silicon Arch

About 703, Silicon Arch

703 is a one-bedroom apartment of 777 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 7 March 2019 for AED 390,000, or AED 501 per sqft, 23% below the AED 649 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 May 2024, is AED 46,200 a year: a gross yield of 11.8% on the 2019 price, before the service charge of about AED 7,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Silicon Arch
400K600K2009201420192024Typical sale price by year: 2009 AED 519,520; 2010 AED 429,098; 2011 AED 327,575; 2012 AED 320,000; 2013 AED 432,500; 2014 AED 495,000; 2015 AED 458,953; 2016 AED 587,500; 2017 AED 550,000; 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, June 2010: AED 630,300 (AED 811 per sqft)Sold, March 2019: AED 390,000 (AED 501 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Silicon Arch
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 37,800; 2014 AED 50,000; 2015 AED 57,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 50,000; 2019 AED 40,000; 2020 AED 36,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,000; 2024 AED 43,000; 2025 AED 48,500; 2026 AED 55,000New contract, April 2014: AED 60,000 a yearNew contract, May 2016: AED 60,000 a yearRenewal, May 2017: AED 60,000 a yearNew contract, May 2018: AED 56,000 a yearNew contract, May 2024: AED 46,200 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 703 sits

All 120 1-beds →

703 last sold in March 2019 at AED 501 per sqft, 23% below what one-beds in Silicon Arch were fetching at the time (AED 649). Over the last 12 months one-beds sold for AED 810,000, around AED 1,031 per sqft, and rent for AED 43,675 to 65,000 a year. 703's AED 46,200 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 May 2025590,000
23 May 2025550,000
23 May 2025550,000
23 May 2025550,000
1 1-bed sale 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. 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 7th floor

All 176 units in Silicon Arch
Value
7012-bedAED 875K · Apr 2015
7021-bedAED 600K · Mar 2009
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

703, Silicon Arch in numbers

  • Sold twice: first on 14 June 2010 for AED 630,300, last on 7 March 2019 for AED 390,000 (AED 501 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 60,000 to AED 46,200 a year.
  • At AED 46,200 a year the gross yield on the 2019 price is 11.8%, before a service charge of about AED 7,700 a year (AED 9.95 per sqft).
  • One-beds in Silicon Arch sold for AED 810,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 1,031 per sqft.

Source: Dubai Land Department. Updated 1 May 2024.

Questions about 703, Silicon Arch

What did unit 703 last sell for?

AED 390,000 on 7 March 2019: AED 501 per sqft for 777 sqft. The unit has 2 registered sales; the first was AED 630,300 in June 2010.

What is the rent for unit 703?

AED 46,200 a year on the contract signed on 1 May 2024. The previous contract, from May 2018, was AED 56,000; the unit has been rented since April 2014.

How big is unit 703?

777 sqft (72.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 703 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 810,000 to 810,000 in the last 12 months, around AED 1,031 per sqft.

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Mortgage on 703, Silicon Arch

Starts from the last sale price (AED 390K, 7 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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