3-bed · 2,406 sqftArabian Gate, Dubai Silicon Oasis · 6th floor · completed 2020

649, Arabian Gate

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 649 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 1.47M31 October 2022
Current rentAED 84K /yr20 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 649, Arabian Gate

What is 649 worth today?

Last sold for AED 1,467,776 in 2022

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31 Oct 2022Sold by developerReady
AED 1,467,776AED 610 per sqft
20 Jan 2022RentedNew contract
AED 84,000/yr12 months · AED 35 per sqft
20 Dec 2020RentedNew contract
AED 80,000/yr13 months · AED 33 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
3-bed apartment
Size
2,406 sqft
Floor
6th of 14
Parking
B2-223 , B2-224 , ,
Developer
Time Properties
Completed
2020
Service charge
AED 26,000 /yr
Last sold
AED 1.47M · October 2022
Building
Arabian Gate

About 649, Arabian Gate

649 is a three-bedroom apartment of 2,406 sqft on the 6th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 31 October 2022 for AED 1,467,776, or AED 610 per sqft, in line with the AED 610 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 20 January 2022, is AED 84,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 26,000 a year.

Sales and rents for 649 over time

Sales
Unit 649, each saleTypical three-bed in Arabian Gate
1.2M1.4M201920212023Typical sale price by year: 2019 AED 1,162,662; 2020 AED 1,108,124; 2021 AED 1,080,000; 2022 AED 1,464,360Sold by developer, October 2022: AED 1,467,776 (AED 610 per sqft)

649 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 649, each contractTypical three-bed in Arabian Gate
80K100K120K2020202220242026Typical rent by year: 2020 AED 80,000; 2021 AED 80,000; 2022 AED 85,000; 2023 AED 105,000; 2024 AED 108,000; 2025 AED 115,000; 2026 AED 119,000New contract, December 2020: AED 80,000 a yearNew contract, January 2022: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Arabian Gate, and where 649 sits

All 26 3-beds →

649 last sold in October 2022 at AED 610 per sqft, in line with what three-beds in Arabian Gate were fetching at the time (AED 610). Over the last 12 months three-beds sold for AED 1,950,000, around AED 922 per sqft, and rent for AED 96,000 to 222,585 a year. 649's AED 84,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Mar 20261,950,000
26 Dec 20242,000,000
20 Jan 20231,250,000
14 Dec 20221,513,034
1 3-bed sale 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

649, Arabian Gate in numbers

  • Sold once: by Time Properties on 31 October 2022 for AED 1,467,776, or AED 610 per sqft.
  • Rented since December 2020 on 2 Ejari contracts, from AED 80,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 26,000 a year (AED 10.81 per sqft).
  • Three-beds in Arabian Gate sold for AED 1,950,000–1,950,000 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 31 October 2022.

Questions about 649, Arabian Gate

What did unit 649 last sell for?

AED 1,467,776 on 31 October 2022, sold by the developer: AED 610 per sqft for 2,406 sqft. It is the only registered sale of the unit.

What is the rent for unit 649?

AED 84,000 a year on the contract signed on 20 January 2022. The previous contract, from December 2020, was AED 80,000.

How big is unit 649?

2,406 sqft (223.5 sqm): a three-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 649 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Arabian Gate sold for AED 1,950,000 to 1,950,000 in the last 12 months, around AED 922 per sqft.

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Mortgage on 649, Arabian Gate

Starts from the last sale price (AED 1.47M, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,467,776
Deposit, UAE resident (20%)
AED 293,555
Deposit, non-resident (40%)
AED 587,110
Monthly over 25 years at 3.7%
AED 6,005

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