Studio · 446 sqftArabian Gate, Dubai Silicon Oasis · 2nd floor · completed 2020

246, Arabian Gate

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 246 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 409K4 December 2016
Current rentAED 37K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 246, Arabian Gate

What is 246 worth today?

Last sold for AED 408,787 in 2016

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10 Feb 2026RentedRenewal
AED 37,000/yr12 months · AED 83 per sqft
10 Feb 2025RentedRenewal
AED 35,000/yr12 months · AED 78 per sqft
10 Feb 2025RentedRenewal
AED 35,000/yr12 months · AED 78 per sqft
10 Feb 2024RentedRenewal
AED 35,000/yr12 months · AED 78 per sqft
10 Feb 2023RentedNew contract
AED 35,000/yr12 months · AED 78 per sqft
1 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 57 per sqft
4 Dec 2016Sold by developerOff-plan
AED 408,787AED 916 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
2nd of 14
Parking
B3-81
Developer
Time Properties
Completed
2020
Service charge
AED 4,800 /yr
Last sold
AED 409K · December 2016
Building
Arabian Gate

About 246, Arabian Gate

246 is a studio of 446 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 4 December 2016 for AED 408,787, or AED 916 per sqft, in line with the AED 904 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 10 February 2026, is AED 37,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 4,800 a year.

Sales and rents for 246 over time

Sales
Unit 246, 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, December 2016: AED 408,787 (AED 916 per sqft)

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

Rents
Unit 246, 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, February 2021: AED 25,000 a yearNew contract, February 2023: AED 35,000 a yearRenewal, February 2024: AED 35,000 a yearRenewal, February 2025: AED 35,000 a yearRenewal, February 2025: AED 35,000 a yearRenewal, February 2026: AED 37,000 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 246 sits

All 362 studios →

246 last sold in December 2016 at AED 916 per sqft, in line with what studios in Arabian Gate were fetching at the time (AED 904). 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. 246's AED 37,000 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 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

246, Arabian Gate in numbers

  • Sold once: by Time Properties on 4 December 2016 for AED 408,787, or AED 916 per sqft.
  • Rented since February 2021 on 6 Ejari contracts, from AED 25,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2016 price is 9.0%, before a service charge of about AED 4,800 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 10 February 2026.

Questions about 246, Arabian Gate

What did unit 246 last sell for?

AED 408,787 on 4 December 2016, sold by the developer: AED 916 per sqft for 446 sqft. It is the only registered sale of the unit.

What is the rent for unit 246?

AED 37,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 35,000; the unit has been rented since February 2021.

How big is unit 246?

446 sqft (41.4 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2020.

What is unit 246 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 246, Arabian Gate

Starts from the last sale price (AED 409K, 4 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 408,787
Deposit, UAE resident (20%)
AED 81,757
Deposit, non-resident (40%)
AED 163,515
Monthly over 25 years at 3.7%
AED 1,672

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