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Studio · 462 sqftArabian Gate, Dubai Silicon Oasis · 12th floor · completed 2020

1244, Arabian Gate

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1244 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 470K24 December 2024
Current rentAED 35K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1244, Arabian Gate

What is 1244 worth today?

Last sold for AED 470,000 in 2024

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15 Feb 2025RentedRenewal
AED 35,000/yr12 months · AED 76 per sqft
24 Dec 2024SoldReady
AED 470,000AED 1,018 per sqft
15 Feb 2024RentedNew contract
AED 39,000/yr12 months · AED 84 per sqft
5 Feb 2023RentedNew contract
AED 30,800/yr12 months · AED 67 per sqft
21 Sep 2022SoldReady
AED 320,000AED 693 per sqft
5 Aug 2022RentedRenewal
AED 28,000/yr6 months · AED 62 per sqft
5 Feb 2022RentedRenewal
AED 26,000/yr6 months · AED 58 per sqft
5 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
12th of 14
Parking
B2-204
Developer
Time Properties
Completed
2020
Service charge
AED 5,000 /yr
Last sold
AED 470K · December 2024
Building
Arabian Gate

About 1244, Arabian Gate

1244 is a studio of 462 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 24 December 2024 for AED 470,000, or AED 1,018 per sqft, 11% above the AED 921 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 35,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for 1244 over time

Sales
Unit 1244, each saleTypical studio in Arabian Gate
300K400K500K2016201920222025Typical 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, February 2018: AED 409,496 (AED 927 per sqft)Sold, September 2022: AED 320,000 (AED 693 per sqft)Sold, December 2024: AED 470,000 (AED 1,018 per sqft)

1244 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1244, each contractTypical studio in Arabian Gate
20K30K40K2020202220242026Typical 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, February 2021: AED 23,000 a yearRenewal, February 2022: AED 26,000 a yearRenewal, August 2022: AED 28,000 a yearNew contract, February 2023: AED 30,800 a yearNew contract, February 2024: AED 39,000 a yearRenewal, February 2025: AED 35,000 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 1244 sits

All 362 studios →

1244 last sold in December 2024 at AED 1,018 per sqft, 11% above what studios in Arabian Gate were fetching at the time (AED 921). 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. 1244's AED 35,000 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

1244, Arabian Gate in numbers

  • Sold 3 times: first on 14 February 2018 for AED 409,496, last on 24 December 2024 for AED 470,000 (AED 1,018 per sqft).
  • Rented since February 2021 on 6 Ejari contracts, from AED 23,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 5,000 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 15 February 2025.

Questions about 1244, Arabian Gate

What did unit 1244 last sell for?

AED 470,000 on 24 December 2024: AED 1,018 per sqft for 462 sqft. The unit has 3 registered sales; the first was AED 409,496 in February 2018.

What is the rent for unit 1244?

AED 35,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 39,000; the unit has been rented since February 2021.

How big is unit 1244?

462 sqft (42.9 sqm): a studio on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1244 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 1244, Arabian Gate

Starts from the last sale price (AED 470K, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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