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Studio · 223 sqftArabian Gate, Dubai Silicon Oasis · 12th floor · completed 2020

1246, Arabian Gate

Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1246 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 410K25 December 2023
Current rentAED 34K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1246, Arabian Gate

What is 1246 worth today?

Last sold for AED 410,000 in 2023

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25 Dec 2023SoldReady
AED 410,000AED 919 per sqft
15 Feb 2023RentedNew contract
AED 34,000/yr12 months · AED 76 per sqft
1 Feb 2022RentedNew contract
AED 26,000/yr12 months · AED 58 per sqft
15 Dec 2020RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
30 May 2016Sold by developerOff-plan
AED 384,422AED 861 per sqft

Source: Dubai Land Department. Updated 25 December 2023.

Key facts

Type
Studio apartment
Size
223 sqft
Floor
12th of 14
Parking
B2-202
Developer
Time Properties
Completed
2020
Service charge
AED 2,400 /yr
Last sold
AED 410K · December 2023
Building
Arabian Gate

About 1246, Arabian Gate

1246 is a studio of 223 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 25 December 2023 for AED 410,000, or AED 919 per sqft, 12% above the AED 821 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 February 2023, is AED 34,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 2,400 a year.

Sales and rents for 1246 over time

Sales
Unit 1246, 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, May 2016: AED 384,422 (AED 861 per sqft)Sold, December 2023: AED 410,000 (AED 919 per sqft)

1246 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1246, 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, December 2020: AED 24,000 a yearNew contract, February 2022: AED 26,000 a yearNew contract, February 2023: AED 34,000 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 1246 sits

All 362 studios →

1246 last sold in December 2023 at AED 919 per sqft, 12% above what studios in Arabian Gate were fetching at the time (AED 821). 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. 1246's AED 34,000 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

1246, Arabian Gate in numbers

  • Sold twice: first on 30 May 2016 for AED 384,422, last on 25 December 2023 for AED 410,000 (AED 919 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 24,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 2,400 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 25 December 2023.

Questions about 1246, Arabian Gate

What did unit 1246 last sell for?

AED 410,000 on 25 December 2023: AED 919 per sqft for 223 sqft. The unit has 2 registered sales; the first was AED 384,422 in May 2016.

What is the rent for unit 1246?

AED 34,000 a year on the contract signed on 15 February 2023. The previous contract, from February 2022, was AED 26,000; the unit has been rented since December 2020.

How big is unit 1246?

223 sqft (20.7 sqm): a studio on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1246 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 1246, Arabian Gate

Starts from the last sale price (AED 410K, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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