1-bed · 837 sqftArabian Gate, Dubai Silicon Oasis · 2nd floor · completed 2020

228, Arabian Gate

Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 595K20 September 2020
Current rentAED 53K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 228, Arabian Gate

What is 228 worth today?

Last sold for AED 595,080 in 2020

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20 Feb 2024RentedRenewal
AED 52,500/yr12 months · AED 61 per sqft
20 Feb 2024RentedRenewal
AED 52,500/yr12 months · AED 61 per sqft
20 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
15 Feb 2022RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
15 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
20 Sep 2020Sold by developerOff-plan
AED 595,080AED 711 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
1-bed apartment
Size
837 sqft
Floor
2nd of 14
Parking
B2-34
Developer
Time Properties
Completed
2020
Service charge
AED 9,000 /yr
Last sold
AED 595K · September 2020
Building
Arabian Gate

About 228, Arabian Gate

228 is a one-bedroom apartment of 837 sqft on the 2nd floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 20 September 2020 for AED 595,080, or AED 711 per sqft, 6% above the AED 671 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 52,500 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 9,000 a year.

Sales and rents for 228 over time

Sales
Unit 228, each saleTypical one-bed in Arabian Gate
600K800K2016201920222025Typical sale price by year: 2016 AED 613,536; 2017 AED 619,711; 2018 AED 643,596; 2019 AED 553,835; 2020 AED 553,835; 2021 AED 562,267; 2022 AED 600,000; 2023 AED 600,000; 2024 AED 700,000; 2025 AED 830,000; 2026 AED 900,000Sold by developer, September 2020: AED 595,080 (AED 711 per sqft)

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

Rents
Unit 228, each contractTypical one-bed in Arabian Gate
40K60K2020202220242026Typical rent by year: 2020 AED 37,000; 2021 AED 38,000; 2022 AED 40,000; 2023 AED 45,500; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 63,500New contract, February 2021: AED 40,000 a yearNew contract, February 2022: AED 40,000 a yearNew contract, February 2023: AED 50,000 a yearRenewal, February 2024: AED 52,500 a yearRenewal, February 2024: AED 52,500 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 Arabian Gate, and where 228 sits

All 200 1-beds →

228 last sold in September 2020 at AED 711 per sqft, 6% above what one-beds in Arabian Gate were fetching at the time (AED 671). Over the last 12 months one-beds sold for AED 600,000 to 1,000,000, around AED 1,120 per sqft, and rent for AED 14,250 to 82,000 a year. 228's AED 52,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20261,000,000
7 Sep 2026950,000
10 Aug 2026850,000
14 May 2026830,000
14 1-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 2nd floor

All 704 units in Arabian Gate
Value
201StudioAED 250K · Nov 2020
202StudioAED 270K · Nov 2020
203StudioAED 340K · Aug 2021
204StudioAED 410K · Jan 2017
205StudioAED 376K · Nov 2019
206StudioAED 382K · Nov 2019
2072-bedAED 906K · Feb 2021
1–7 of 51

228, Arabian Gate in numbers

  • Sold once: by Time Properties on 20 September 2020 for AED 595,080, or AED 711 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 40,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 9,000 a year (AED 10.81 per sqft).
  • One-beds in Arabian Gate sold for AED 600,000–1,000,000 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 20 February 2024.

Questions about 228, Arabian Gate

What did unit 228 last sell for?

AED 595,080 on 20 September 2020, sold by the developer: AED 711 per sqft for 837 sqft. It is the only registered sale of the unit.

What is the rent for unit 228?

AED 52,500 a year on the contract renewed on 20 February 2024. The previous contract, from February 2024, was AED 52,500; the unit has been rented since February 2021.

How big is unit 228?

837 sqft (77.8 sqm): a one-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2020.

What is unit 228 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Arabian Gate sold for AED 600,000 to 1,000,000 in the last 12 months, around AED 1,120 per sqft.

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Mortgage on 228, Arabian Gate

Starts from the last sale price (AED 595K, 20 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 595,080
Deposit, UAE resident (20%)
AED 119,016
Deposit, non-resident (40%)
AED 238,032
Monthly over 25 years at 3.7%
AED 2,435

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