3-bed · 2,114 sqftArabian Gate, Dubai Silicon Oasis · 9th floor · completed 2020

949, Arabian Gate

Sold prices and rental history: sold once, by the developer in June 2020, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 949 · DLD and Ejari recordsUpdated 1 January 2021
Last soldAED 1.55M9 June 2020
Current rentAED 75K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 949, Arabian Gate

What is 949 worth today?

Last sold for AED 1,547,010 in 2020

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1 Jan 2021RentedNew contract
AED 75,000/yr24 months · AED 36 per sqft
9 Jun 2020Sold by developerOff-plan
AED 1,547,010AED 731 per sqft

Source: Dubai Land Department. Updated 1 January 2021.

Key facts

Type
3-bed apartment
Size
2,114 sqft
Floor
9th of 14
Parking
B1-141 , B1-197
Developer
Time Properties
Completed
2020
Service charge
AED 22,900 /yr
Last sold
AED 1.55M · June 2020
Building
Arabian Gate

About 949, Arabian Gate

949 is a three-bedroom apartment of 2,114 sqft on the 9th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 9 June 2020 for AED 1,547,010, or AED 731 per sqft, in line with the AED 731 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2021. The current contract, signed on 1 January 2021, is AED 75,000 a year: a gross yield of 4.9% on the 2020 price, before the service charge of about AED 22,900 a year.

Sales and rents for 949 over time

Sales
Unit 949, each saleTypical three-bed in Arabian Gate
1M1.25M1.5M20192020202120222023Typical 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, June 2020: AED 1,547,010 (AED 731 per sqft)

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

Rents
Unit 949, 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, January 2021: AED 75,000 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 949 sits

All 26 3-beds →

949 last sold in June 2020 at AED 731 per sqft, in line with what three-beds in Arabian Gate were fetching at the time (AED 731). 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. 949's AED 75,000 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 9th floor

All 704 units in Arabian Gate
Value
901StudioAED 305K · Aug 2021
902StudioAED 340K · Sep 2022
903StudioAED 325K · Sep 2022
904StudioAED 540K · Oct 2026
905StudioAED 384K · Nov 2019
906StudioAED 382K · Nov 2019
9072-bedAED 909K · May 2022
1–7 of 49

949, Arabian Gate in numbers

  • Sold once: by Time Properties on 9 June 2020 for AED 1,547,010, or AED 731 per sqft.
  • Rented since January 2021 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 4.9%, before a service charge of about AED 22,900 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 1 January 2021.

Questions about 949, Arabian Gate

What did unit 949 last sell for?

AED 1,547,010 on 9 June 2020, sold by the developer: AED 731 per sqft for 2,114 sqft. It is the only registered sale of the unit.

What is the rent for unit 949?

AED 75,000 a year on the contract signed on 1 January 2021.

How big is unit 949?

2,114 sqft (196.4 sqm): a three-bedroom apartment on the 9th floor of a 14-storey tower completed in 2020.

What is unit 949 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 949, Arabian Gate

Starts from the last sale price (AED 1.55M, 9 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,547,010
Deposit, UAE resident (20%)
AED 309,402
Deposit, non-resident (40%)
AED 618,804
Monthly over 25 years at 3.7%
AED 6,329

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