1-bed · 796 sqftArabian Gate, Dubai Silicon Oasis · 3rd floor · completed 2020

323, Arabian Gate

Sold prices and rental history: sold twice, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 554K9 May 2024
Current rentAED 60K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Arabian Gate

What is 323 worth today?

Last sold for AED 553,835 in 2024

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9 May 2024SoldOff-plan
AED 553,835AED 695 per sqft
1 Jan 2024RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
25 Nov 2022RentedNew contract
AED 44,000/yr12 months · AED 55 per sqft
25 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
10 Mar 2020Sold by developerOff-plan
AED 553,835AED 695 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
3rd of 14
Parking
B2-30
Developer
Time Properties
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 554K · May 2024
Building
Arabian Gate

About 323, Arabian Gate

323 is a one-bedroom apartment of 796 sqft on the 3rd floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. It last sold on 9 May 2024 for AED 553,835, or AED 695 per sqft, 13% below the AED 803 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 January 2024, is AED 60,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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, March 2020: AED 553,835 (AED 695 per sqft)Sold, May 2024: AED 553,835 (AED 695 per sqft)

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

Rents
Unit 323, 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, November 2020: AED 40,000 a yearNew contract, November 2022: AED 44,000 a yearNew contract, January 2024: AED 60,000 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 323 sits

All 200 1-beds →

323 last sold in May 2024 at AED 695 per sqft, 13% below what one-beds in Arabian Gate were fetching at the time (AED 803). 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. 323's AED 60,000 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 3rd floor

All 704 units in Arabian Gate
Value
301StudioAED 390K · Mar 2024
302StudioAED 415K · Nov 2016
303StudioAED 407K · Jul 2018
304StudioAED 415K · Mar 2024
305StudioAED 411K · Apr 2022
306StudioAED 520K · Sep 2026
3072-bedAED 811K · Sep 2022
1–7 of 51

323, Arabian Gate in numbers

  • Sold twice: first on 10 March 2020 for AED 553,835, last on 9 May 2024 for AED 553,835 (AED 695 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 8,600 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 9 May 2024.

Questions about 323, Arabian Gate

What did unit 323 last sell for?

AED 553,835 on 9 May 2024: AED 695 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 553,835 in March 2020.

What is the rent for unit 323?

AED 60,000 a year on the contract signed on 1 January 2024. The previous contract, from November 2022, was AED 44,000; the unit has been rented since November 2020.

How big is unit 323?

796 sqft (74.0 sqm): a one-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2020.

What is unit 323 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 323, Arabian Gate

Starts from the last sale price (AED 554K, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 553,835
Deposit, UAE resident (20%)
AED 110,767
Deposit, non-resident (40%)
AED 221,534
Monthly over 25 years at 3.7%
AED 2,266

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