2-bed · 1,344 sqftArabian Gate, Dubai Silicon Oasis · 7th floor · completed 2020

711, Arabian Gate

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

Unit 711 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 840K24 November 2022
Current rentAED 55K /yr15 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Arabian Gate

What is 711 worth today?

Last sold for AED 840,000 in 2022

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24 Nov 2022SoldReady
AED 840,000AED 625 per sqft
15 Nov 2021RentedRenewal
AED 55,000/yr12 months · AED 41 per sqft
15 Nov 2020RentedNew contract
AED 55,000/yr12 months · AED 41 per sqft
1 Mar 2016Sold by developerOff-plan
AED 1,041,673AED 775 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
2-bed apartment
Size
1,344 sqft
Floor
7th of 14
Parking
B2-244
Developer
Time Properties
Completed
2020
Service charge
AED 14,500 /yr
Last sold
AED 840K · November 2022
Building
Arabian Gate

About 711, Arabian Gate

711 is a two-bedroom apartment of 1,344 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 24 November 2022 for AED 840,000, or AED 625 per sqft, in line with the AED 640 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 15 November 2021, is AED 55,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 14,500 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, March 2016: AED 1,041,673 (AED 775 per sqft)Sold, November 2022: AED 840,000 (AED 625 per sqft)

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

Rents
Unit 711, 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, November 2020: AED 55,000 a yearRenewal, November 2021: AED 55,000 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 711 sits

All 116 2-beds →

711 last sold in November 2022 at AED 625 per sqft, in line with what two-beds in Arabian Gate were fetching at the time (AED 640). 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. 711's AED 55,000 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 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

711, Arabian Gate in numbers

  • Sold twice: first on 1 March 2016 for AED 1,041,673, last on 24 November 2022 for AED 840,000 (AED 625 per sqft).
  • Rented since November 2020 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 6.6%, 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 24 November 2022.

Questions about 711, Arabian Gate

What did unit 711 last sell for?

AED 840,000 on 24 November 2022: AED 625 per sqft for 1,344 sqft. The unit has 2 registered sales; the first was AED 1,041,673 in March 2016.

What is the rent for unit 711?

AED 55,000 a year on the contract renewed on 15 November 2021. The previous contract, from November 2020, was AED 55,000.

How big is unit 711?

1,344 sqft (124.9 sqm): a two-bedroom apartment on the 7th floor of a 14-storey tower completed in 2020.

What is unit 711 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 711, Arabian Gate

Starts from the last sale price (AED 840K, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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