2-bed · 1,549 sqftArabian Gate, Dubai Silicon Oasis · 12th floor · completed 2020

1214, Arabian Gate

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 30 October 2022
Last soldAED 945K8 August 2022
Current rentAED 62K /yr30 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Arabian Gate

What is 1214 worth today?

Last sold for AED 945,050 in 2022

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30 Oct 2022RentedNew contract
AED 61,600/yr12 months · AED 40 per sqft
8 Aug 2022Sold by developerReady
AED 945,050AED 610 per sqft
30 Oct 2020RentedNew contract
AED 53,000/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 30 October 2022.

Key facts

Type
2-bed apartment
Size
1,549 sqft
Floor
12th of 14
Parking
B2-182
Developer
Time Properties
Completed
2020
Service charge
AED 16,700 /yr
Last sold
AED 945K · August 2022
Building
Arabian Gate

About 1214, Arabian Gate

1214 is a two-bedroom apartment of 1,549 sqft on the 12th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 8 August 2022 for AED 945,050, or AED 610 per sqft, 6% below the AED 646 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 30 October 2022, is AED 61,600 a year: a gross yield of 6.5% on the 2022 price, before the service charge of about AED 16,700 a year.

Sales and rents for 1214 over time

Sales
Unit 1214, each saleTypical two-bed in Arabian Gate
1M2016201920222025Typical sale price by year: 2016 AED 1,041,673; 2019 AED 935,468; 2020 AED 751,949; 2021 AED 880,000; 2022 AED 840,000; 2023 AED 850,000; 2024 AED 1,225,000; 2025 AED 1,312,500; 2026 AED 1,365,000Sold by developer, August 2022: AED 945,050 (AED 610 per sqft)

1214 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1214, each contractTypical two-bed in Arabian Gate
60K80K2020202220242026Typical rent by year: 2020 AED 53,000; 2021 AED 55,000; 2022 AED 61,600; 2023 AED 74,000; 2024 AED 79,000; 2025 AED 87,000; 2026 AED 90,000New contract, October 2020: AED 53,000 a yearNew contract, October 2022: AED 61,600 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 Arabian Gate, and where 1214 sits

All 116 2-beds →

1214 last sold in August 2022 at AED 610 per sqft, 6% below what two-beds in Arabian Gate were fetching at the time (AED 646). Over the last 12 months two-beds sold for AED 1,300,000 to 1,600,000, around AED 1,036 per sqft, and rent for AED 50,000 to 110,000 a year. 1214's AED 61,600 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,600,000
25 Sep 20261,300,000
23 Sep 20261,370,000
18 Mar 20261,400,000
9 2-bed 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

1214, Arabian Gate in numbers

  • Sold once: by Time Properties on 8 August 2022 for AED 945,050, or AED 610 per sqft.
  • Rented since October 2020 on 2 Ejari contracts, from AED 53,000 to AED 61,600 a year.
  • At AED 61,600 a year the gross yield on the 2022 price is 6.5%, before a service charge of about AED 16,700 a year (AED 10.81 per sqft).
  • Two-beds in Arabian Gate sold for AED 1,300,000–1,600,000 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 30 October 2022.

Questions about 1214, Arabian Gate

What did unit 1214 last sell for?

AED 945,050 on 8 August 2022, sold by the developer: AED 610 per sqft for 1,549 sqft. It is the only registered sale of the unit.

What is the rent for unit 1214?

AED 61,600 a year on the contract signed on 30 October 2022. The previous contract, from October 2020, was AED 53,000.

How big is unit 1214?

1,549 sqft (143.9 sqm): a two-bedroom apartment on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Arabian Gate sold for AED 1,300,000 to 1,600,000 in the last 12 months, around AED 1,036 per sqft.

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Mortgage on 1214, Arabian Gate

Starts from the last sale price (AED 945K, 8 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 945,050
Deposit, UAE resident (20%)
AED 189,010
Deposit, non-resident (40%)
AED 378,020
Monthly over 25 years at 3.7%
AED 3,866

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