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2-bed · 1,148 sqftArabian Gate, Dubai Silicon Oasis · 2nd floor · completed 2020

241, Arabian Gate

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 241 · DLD and Ejari recordsUpdated 4 January 2023
Last soldAED 840K4 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 241, Arabian Gate

What is 241 worth today?

Last sold for AED 840,000 in 2023

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4 Jan 2023SoldReady
AED 840,000AED 731 per sqft
24 Oct 2021Sold by developerReady
AED 756,292AED 658 per sqft

Source: Dubai Land Department. Updated 4 January 2023.

Key facts

Type
2-bed apartment
Size
1,148 sqft
Floor
2nd of 14
Parking
B1-91
Developer
Time Properties
Completed
2020
Service charge
AED 12,400 /yr
Last sold
AED 840K · January 2023
Building
Arabian Gate

About 241, Arabian Gate

241 is a two-bedroom apartment of 1,148 sqft on the 2nd floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. It last sold on 4 January 2023 for AED 840,000, or AED 731 per sqft, 14% above the AED 640 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 241 over time

Sales
Unit 241, 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, October 2021: AED 756,292 (AED 658 per sqft)Sold, January 2023: AED 840,000 (AED 731 per sqft)

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

Rents
Unit 241, 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 90,000

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 241 sits

All 116 2-beds →

241 last sold in January 2023 at AED 731 per sqft, 14% above what two-beds in Arabian Gate were fetching at the time (AED 640). 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.

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 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

241, Arabian Gate in numbers

  • Sold twice: first on 24 October 2021 for AED 756,292, last on 4 January 2023 for AED 840,000 (AED 731 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 4 January 2023.

Questions about 241, Arabian Gate

What did unit 241 last sell for?

AED 840,000 on 4 January 2023: AED 731 per sqft for 1,148 sqft. The unit has 2 registered sales; the first was AED 756,292 in October 2021.

How big is unit 241?

1,148 sqft (106.7 sqm): a two-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2020.

What is unit 241 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 241, Arabian Gate

Starts from the last sale price (AED 840K, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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