Studio · 478 sqftArabian Gate, Dubai Silicon Oasis · 2nd floor · completed 2020

240, Arabian Gate

Sold prices and rental history: sold once, by the developer in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 25 November 2020
Last soldAED 437K25 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 240, Arabian Gate

What is 240 worth today?

Last sold for AED 437,498 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Nov 2020Sold by developerReady
AED 437,498AED 915 per sqft

Source: Dubai Land Department. Updated 25 November 2020.

Key facts

Type
Studio apartment
Size
478 sqft
Floor
2nd of 14
Parking
B3-86
Developer
Time Properties
Completed
2020
Service charge
AED 5,200 /yr
Last sold
AED 437K · November 2020
Building
Arabian Gate

About 240, Arabian Gate

240 is a studio of 478 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 25 November 2020 for AED 437,498, or AED 915 per sqft, 10% above the AED 834 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 240 over time

Sales
Unit 240, 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, November 2020: AED 437,498 (AED 915 per sqft)

240 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 240, 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 42,000

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 240 sits

All 362 studios →

240 last sold in November 2020 at AED 915 per sqft, 10% above what studios in Arabian Gate were fetching at the time (AED 834). 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.

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 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

240, Arabian Gate in numbers

  • Sold once: by Time Properties on 25 November 2020 for AED 437,498, or AED 915 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 November 2020.

Questions about 240, Arabian Gate

What did unit 240 last sell for?

AED 437,498 on 25 November 2020, sold by the developer: AED 915 per sqft for 478 sqft. It is the only registered sale of the unit.

How big is unit 240?

478 sqft (44.4 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2020.

What is unit 240 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.

Selling 240? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 240, Arabian Gate

Starts from the last sale price (AED 437K, 25 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 437,498
Deposit, UAE resident (20%)
AED 87,500
Deposit, non-resident (40%)
AED 174,999
Monthly over 25 years at 3.7%
AED 1,790

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