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3-bed · 1,608 sqftArabian Gate, Dubai Silicon Oasis · 7th floor · completed 2020

724, Arabian Gate

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 7 December 2022
Last soldAED 1.38M7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 724, Arabian Gate

What is 724 worth today?

Last sold for AED 1,378,000 in 2022

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7 Dec 2022SoldReady
AED 1,378,000AED 856 per sqft
31 Aug 2021Sold by developerReady
AED 1,079,280AED 671 per sqft

Source: Dubai Land Department. Updated 7 December 2022.

Key facts

Type
3-bed apartment
Size
1,608 sqft
Floor
7th of 14
Parking
B3-152 , B3-153 , ,
Developer
Time Properties
Completed
2020
Service charge
AED 17,400 /yr
Last sold
AED 1.38M · December 2022
Building
Arabian Gate

About 724, Arabian Gate

724 is a three-bedroom apartment of 1,608 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 7 December 2022 for AED 1,378,000, or AED 856 per sqft, 40% above the AED 610 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 724 over time

Sales
Unit 724, 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, August 2021: AED 1,079,280 (AED 671 per sqft)Sold, December 2022: AED 1,378,000 (AED 856 per sqft)

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

Rents
Unit 724, 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 119,000

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 724 sits

All 26 3-beds →

724 last sold in December 2022 at AED 856 per sqft, 40% above 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.

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 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

724, Arabian Gate in numbers

  • Sold twice: first on 31 August 2021 for AED 1,079,280, last on 7 December 2022 for AED 1,378,000 (AED 856 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 7 December 2022.

Questions about 724, Arabian Gate

What did unit 724 last sell for?

AED 1,378,000 on 7 December 2022: AED 856 per sqft for 1,608 sqft. The unit has 2 registered sales; the first was AED 1,079,280 in August 2021.

How big is unit 724?

1,608 sqft (149.4 sqm): a three-bedroom apartment on the 7th floor of a 14-storey tower completed in 2020.

What is unit 724 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 724, Arabian Gate

Starts from the last sale price (AED 1.38M, 7 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,378,000
Deposit, UAE resident (20%)
AED 275,600
Deposit, non-resident (40%)
AED 551,200
Monthly over 25 years at 3.7%
AED 5,638

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