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Studio · 515 sqftArabian Gate, Dubai Silicon Oasis · 7th floor · completed 2020

708, Arabian Gate

Sold prices and rental history: sold twice, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 480K23 October 2024
Current rentAED 23K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, Arabian Gate

What is 708 worth today?

Last sold for AED 480,000 in 2024

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23 Oct 2024SoldReady
AED 480,000AED 931 per sqft
1 Jan 2024RentedRenewal
AED 23,000/yr12 months · AED 45 per sqft
1 Jan 2021RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
15 Jul 2020Sold by developerOff-plan
AED 440,230AED 870 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
7th of 14
Parking
B3-107
Developer
Time Properties
Completed
2020
Service charge
AED 5,600 /yr
Last sold
AED 480K · October 2024
Building
Arabian Gate

About 708, Arabian Gate

708 is a studio of 515 sqft on the 7th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. It last sold on 23 October 2024 for AED 480,000, or AED 931 per sqft, 5% above the AED 889 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 23,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, July 2020: AED 440,230 (AED 870 per sqft)Sold, October 2024: AED 480,000 (AED 931 per sqft)

708 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 708, each contractTypical studio in Arabian Gate
20K30K40K2020202220242026Typical 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, January 2021: AED 23,000 a yearRenewal, January 2024: AED 23,000 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 708 sits

All 362 studios →

708 last sold in October 2024 at AED 931 per sqft, 5% above what studios in Arabian Gate were fetching at the time (AED 889). 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. 708's AED 23,000 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 7th floor

All 704 units in Arabian Gate
Value
701StudioAED 340K · Apr 2016
702StudioAED 375K · May 2023
703StudioAED 395K · Apr 2016
704StudioAED 510K · Oct 2026
705StudioAED 515K · Jul 2025
706StudioAED 300K · Jun 2022
7072-bedAED 1M · Jan 2022
1–7 of 49

708, Arabian Gate in numbers

  • Sold twice: first on 15 July 2020 for AED 440,230, last on 23 October 2024 for AED 480,000 (AED 931 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, at AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 5,600 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 23 October 2024.

Questions about 708, Arabian Gate

What did unit 708 last sell for?

AED 480,000 on 23 October 2024: AED 931 per sqft for 515 sqft. The unit has 2 registered sales; the first was AED 440,230 in July 2020.

What is the rent for unit 708?

AED 23,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2021, was AED 23,000.

How big is unit 708?

515 sqft (47.8 sqm): a studio on the 7th floor of a 14-storey tower completed in 2020.

What is unit 708 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 708, Arabian Gate

Starts from the last sale price (AED 480K, 23 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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