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Studio · 547 sqftArabian Gate, Dubai Silicon Oasis · 12th floor · completed 2020

1209, Arabian Gate

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 384K23 April 2024
Current rentAED 33K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1209, Arabian Gate

What is 1209 worth today?

Last sold for AED 384,000 in 2024

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23 Apr 2024SoldReady
AED 384,000AED 701 per sqft
1 Jul 2023RentedRenewal
AED 33,000/yr12 months · AED 61 per sqft
1 Jul 2022RentedNew contract
AED 32,000/yr12 months · AED 59 per sqft
29 Jun 2022SoldReady
AED 384,000AED 701 per sqft
24 Oct 2021Sold by developerReady
AED 427,456AED 780 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
Studio apartment
Size
547 sqft
Floor
12th of 14
Parking
B2-191
Developer
Time Properties
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 384K · April 2024
Building
Arabian Gate

About 1209, Arabian Gate

1209 is a studio of 547 sqft on the 12th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. It last sold on 23 April 2024 for AED 384,000, or AED 701 per sqft, 15% below the AED 824 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 33,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical studio in Arabian Gate
400K500K2016201920222025Typical sale price by year: 2016 AED 398,000; 2017 AED 420,012; 2018 AED 409,748; 2019 AED 379,435; 2020 AED 346,144; 2021 AED 355,000; 2022 AED 347,316; 2023 AED 372,000; 2024 AED 422,500; 2025 AED 499,999; 2026 AED 530,000Sold by developer, October 2021: AED 427,456 (AED 780 per sqft)Sold, June 2022: AED 384,000 (AED 701 per sqft)Sold, April 2024: AED 384,000 (AED 701 per sqft)

1209 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1209, each contractTypical studio in Arabian Gate
30K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 24,000; 2022 AED 27,000; 2023 AED 32,000; 2024 AED 35,000; 2025 AED 40,000; 2026 AED 42,000New contract, July 2022: AED 32,000 a yearRenewal, July 2023: AED 33,000 a year

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

Studios in Arabian Gate, and where 1209 sits

All 362 studios →

1209 last sold in April 2024 at AED 701 per sqft, 15% below what studios in Arabian Gate were fetching at the time (AED 824). Over the last 12 months studios sold for AED 214,678 to 635,000, around AED 1,140 per sqft, and rent for AED 20,000 to 66,000 a year. 1209's AED 33,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026592,000
23 Oct 2026510,000
23 Oct 2026535,000
7 Oct 2026540,000
32 studio sales in the last 12 months

Arabian Gate

Building

704 apartments, studios to 3-bed over 14 floors in Dubai Silicon Oasis, completed in 2020 by Time Properties. 56 sold in the last 12 months.

Typical price per sqft
AED 1,117 Up 8.8%
Typical sale
AED 584K
Typical rent
AED 50K /yr
Typical yield
7.5%
Arabian Gate, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 12th floor

All 704 units in Arabian Gate
Value
1201StudioAED 340K · Jan 2023
1202StudioAED 420K · Apr 2018
1203StudioAED 423K · Apr 2018
1204StudioAED 530K · Apr 2026
1205StudioAED 376K · Nov 2019
1206StudioAED 460K · Dec 2024
12072-bedAED 835K · Aug 2021
1–7 of 48

1209, Arabian Gate in numbers

  • Sold 3 times: first on 24 October 2021 for AED 427,456, last on 23 April 2024 for AED 384,000 (AED 701 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 32,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 5,900 a year (AED 10.81 per sqft).
  • Studios in Arabian Gate sold for AED 214,678–635,000 in the 12 months to November 2026; the building's median across all types is AED 1,117 per sqft.

Source: Dubai Land Department. Updated 23 April 2024.

Questions about 1209, Arabian Gate

What did unit 1209 last sell for?

AED 384,000 on 23 April 2024: AED 701 per sqft for 547 sqft. The unit has 3 registered sales; the first was AED 427,456 in October 2021.

What is the rent for unit 1209?

AED 33,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 32,000.

How big is unit 1209?

547 sqft (50.8 sqm): a studio on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Arabian Gate sold for AED 214,678 to 635,000 in the last 12 months, around AED 1,140 per sqft.

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Mortgage on 1209, Arabian Gate

Starts from the last sale price (AED 384K, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 384,000
Deposit, UAE resident (20%)
AED 76,800
Deposit, non-resident (40%)
AED 153,600
Monthly over 25 years at 3.7%
AED 1,571

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