1-bed · 807 sqftArabian Gate, Dubai Silicon Oasis · 8th floor · completed 2020

848, Arabian Gate

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 848 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 650K18 July 2018
Current rentAED 50K /yr7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 848, Arabian Gate

What is 848 worth today?

Last sold for AED 650,126 in 2018

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7 Aug 2024RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
8 Jun 2023RentedRenewal
AED 48,500/yr12 months · AED 59 per sqft
8 Mar 2023RentedRenewal
AED 48,000/yr3 months · AED 59 per sqft
8 Mar 2022RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
8 Dec 2020RentedNew contract
AED 48,500/yr12 months · AED 59 per sqft
18 Jul 2018Sold by developerOff-plan
AED 650,126AED 805 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
8th of 14
Parking
B1-230
Developer
Time Properties
Completed
2020
Service charge
AED 8,700 /yr
Last sold
AED 650K · July 2018
Building
Arabian Gate

About 848, Arabian Gate

848 is a one-bedroom apartment of 807 sqft on the 8th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 18 July 2018 for AED 650,126, or AED 805 per sqft, in line with the AED 805 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 7 August 2024, is AED 50,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 8,700 a year.

Sales and rents for 848 over time

Sales
Unit 848, each saleTypical one-bed in Arabian Gate
600K800K2016201920222025Typical sale price by year: 2016 AED 613,536; 2017 AED 619,711; 2018 AED 643,596; 2019 AED 553,835; 2020 AED 553,835; 2021 AED 562,267; 2022 AED 600,000; 2023 AED 600,000; 2024 AED 700,000; 2025 AED 830,000; 2026 AED 900,000Sold by developer, July 2018: AED 650,126 (AED 805 per sqft)

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

Rents
Unit 848, each contractTypical one-bed in Arabian Gate
40K60K2020202220242026Typical rent by year: 2020 AED 37,000; 2021 AED 38,000; 2022 AED 40,000; 2023 AED 45,500; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 63,500New contract, December 2020: AED 48,500 a yearNew contract, March 2022: AED 38,000 a yearRenewal, March 2023: AED 48,000 a yearRenewal, June 2023: AED 48,500 a yearNew contract, August 2024: AED 50,000 a year

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

1-beds in Arabian Gate, and where 848 sits

All 200 1-beds →

848 last sold in July 2018 at AED 805 per sqft, in line with what one-beds in Arabian Gate were fetching at the time (AED 805). Over the last 12 months one-beds sold for AED 600,000 to 1,000,000, around AED 1,120 per sqft, and rent for AED 14,250 to 82,000 a year. 848's AED 50,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 20261,000,000
7 Sep 2026950,000
10 Aug 2026850,000
14 May 2026830,000
14 1-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 8th floor

All 704 units in Arabian Gate
Value
801StudioAED 339K · Jan 2019
802StudioAED 475K · Jul 2025
803StudioAED 377K · Aug 2019
804StudioAED 375K · Nov 2019
805StudioAED 381K · Sep 2019
806StudioAED 530K · Aug 2026
8072-bedAED 827K · Jun 2022
1–7 of 49

848, Arabian Gate in numbers

  • Sold once: by Time Properties on 18 July 2018 for AED 650,126, or AED 805 per sqft.
  • Rented since December 2020 on 5 Ejari contracts. The rent fell from AED 48,500 to AED 38,000 in 2022 and recovered to AED 50,000 by August 2024.
  • At AED 50,000 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 8,700 a year (AED 10.81 per sqft).
  • One-beds in Arabian Gate sold for AED 600,000–1,000,000 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 August 2024.

Questions about 848, Arabian Gate

What did unit 848 last sell for?

AED 650,126 on 18 July 2018, sold by the developer: AED 805 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 848?

AED 50,000 a year on the contract signed on 7 August 2024. The previous contract, from June 2023, was AED 48,500; the unit has been rented since December 2020.

How big is unit 848?

807 sqft (75.0 sqm): a one-bedroom apartment on the 8th floor of a 14-storey tower completed in 2020.

What is unit 848 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Arabian Gate sold for AED 600,000 to 1,000,000 in the last 12 months, around AED 1,120 per sqft.

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Mortgage on 848, Arabian Gate

Starts from the last sale price (AED 650K, 18 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 650,126
Deposit, UAE resident (20%)
AED 130,025
Deposit, non-resident (40%)
AED 260,050
Monthly over 25 years at 3.7%
AED 2,660

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