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2-bed · 1,344 sqftArabian Gate, Dubai Silicon Oasis · 6th floor · completed 2020

611, Arabian Gate

Sold prices and rental history: sold twice, last in August 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 1.2M30 August 2024
Current rentAED 74K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 611, Arabian Gate

What is 611 worth today?

Last sold for AED 1,195,000 in 2024

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30 Aug 2024SoldReady
AED 1,195,000AED 889 per sqft
10 Apr 2024RentedRenewal
AED 73,500/yr12 months · AED 55 per sqft
10 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
10 Apr 2022RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
10 Feb 2022Sold by developerReady
AED 852,561AED 634 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,344 sqft
Floor
6th of 14
Parking
B2-188
Developer
Time Properties
Completed
2020
Service charge
AED 14,500 /yr
Last sold
AED 1.2M · August 2024
Building
Arabian Gate

About 611, Arabian Gate

611 is a two-bedroom apartment of 1,344 sqft on the 6th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. It last sold on 30 August 2024 for AED 1,195,000, or AED 889 per sqft, 4% above the AED 852 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 73,500 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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, February 2022: AED 852,561 (AED 634 per sqft)Sold, August 2024: AED 1,195,000 (AED 889 per sqft)

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

Rents
Unit 611, 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 90,000New contract, April 2022: AED 65,000 a yearNew contract, April 2023: AED 70,000 a yearRenewal, April 2024: AED 73,500 a year

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 611 sits

All 116 2-beds →

611 last sold in August 2024 at AED 889 per sqft, 4% above what two-beds in Arabian Gate were fetching at the time (AED 852). 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. 611's AED 73,500 is in the lower half of that range.

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 6th floor

All 704 units in Arabian Gate
Value
601StudioAED 355K · Mar 2016
602StudioAED 355K · Jul 2021
603StudioAED 346K · Nov 2020
604StudioAED 391K · Jan 2018
605StudioAED 403K · Apr 2016
606StudioAED 387K · Sep 2016
6072-bedAED 1.48M · Feb 2026
1–7 of 49

611, Arabian Gate in numbers

  • Sold twice: first on 10 February 2022 for AED 852,561, last on 30 August 2024 for AED 1,195,000 (AED 889 per sqft).
  • Rented since April 2022 on 3 Ejari contracts, from AED 65,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 14,500 a year (AED 10.81 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 30 August 2024.

Questions about 611, Arabian Gate

What did unit 611 last sell for?

AED 1,195,000 on 30 August 2024: AED 889 per sqft for 1,344 sqft. The unit has 2 registered sales; the first was AED 852,561 in February 2022.

What is the rent for unit 611?

AED 73,500 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 70,000; the unit has been rented since April 2022.

How big is unit 611?

1,344 sqft (124.9 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 611 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 611, Arabian Gate

Starts from the last sale price (AED 1.2M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,195,000
Deposit, UAE resident (20%)
AED 239,000
Deposit, non-resident (40%)
AED 478,000
Monthly over 25 years at 3.7%
AED 4,889

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