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1-bed · 679 sqftSilicon Gates 4, Dubai Silicon Oasis · 1st floor · completed 2015

116, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 5 March 2023
Last soldAED 620K7 November 2016
Current rentAED 31K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Silicon Gates 4

What is 116 worth today?

Last sold for AED 619,995 in 2016

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5 Mar 2023RentedRenewal
AED 31,000/yr12 months · AED 46 per sqft
5 Mar 2022RentedNew contract
AED 31,000/yr12 months · AED 46 per sqft
8 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 56 per sqft
8 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 62 per sqft
8 Sep 2018RentedNew contract
AED 42,000/yr12 months · AED 62 per sqft
7 Nov 2016Sold by developerOff-plan
AED 619,995AED 913 per sqft

Source: Dubai Land Department. Updated 5 March 2023.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
1st of 8
Parking
B1-121
Developer
Time Properties
Completed
2015
Service charge
AED 7,900 /yr
Last sold
AED 620K · November 2016
Building
Silicon Gates 4

About 116, Silicon Gates 4

116 is a one-bedroom apartment of 679 sqft on the 1st floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. The developer sold it on 7 November 2016 for AED 619,995, or AED 913 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 5 March 2023, is AED 31,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 7,900 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Silicon Gates 4
400K600K20152018202120242027Typical sale price by year: 2015 AED 613,365; 2016 AED 591,608; 2017 AED 526,188; 2018 AED 475,000; 2020 AED 340,000; 2021 AED 340,000; 2022 AED 365,000; 2023 AED 375,000; 2024 AED 470,000; 2025 AED 545,000; 2026 AED 605,000Sold by developer, November 2016: AED 619,995 (AED 913 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Silicon Gates 4
40K60K2016201920222025Typical rent by year: 2016 AED 55,500; 2017 AED 52,000; 2018 AED 46,000; 2019 AED 39,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 43,602; 2025 AED 50,000; 2026 AED 48,650New contract, September 2018: AED 42,000 a yearNew contract, September 2019: AED 42,000 a yearRenewal, September 2020: AED 38,000 a yearNew contract, March 2022: AED 31,000 a yearRenewal, March 2023: AED 31,000 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 Silicon Gates 4, and where 116 sits

All 98 1-beds →

116 last sold in November 2016 at AED 913 per sqft, in line with what one-beds in Silicon Gates 4 were fetching at the time (AED 901). Over the last 12 months one-beds sold for AED 535,000 to 660,000, around AED 911 per sqft, and rent for AED 30,000 to 70,000 a year. 116's AED 31,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026535,000
9 Jul 2026630,000
1 May 2026580,000
13 Apr 2026605,000
5 1-bed sales in the last 12 months

Silicon Gates 4

Building

297 apartments, studios to 4-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Time Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,147 Up 22.4%
Typical sale
AED 445K
Typical rent
AED 40K /yr
Typical yield
8.4%
Silicon Gates 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 297 units in Silicon Gates 4
Value
101StudioAED 280K · Feb 2022
102StudioAED 446K · Dec 2016
104StudioAED 335K · Feb 2017
1051-bedAED 385K · Nov 2024
107StudioAED 245K · Sep 2022
108StudioAED 386K · Dec 2016
109StudioAED 400K · Nov 2025
1–7 of 28

116, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 7 November 2016 for AED 619,995, or AED 913 per sqft.
  • Rented since September 2018 on 5 Ejari contracts, from AED 42,000 to AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 7,900 a year (AED 11.58 per sqft).
  • One-beds in Silicon Gates 4 sold for AED 535,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 1,147 per sqft.

Source: Dubai Land Department. Updated 5 March 2023.

Questions about 116, Silicon Gates 4

What did unit 116 last sell for?

AED 619,995 on 7 November 2016, sold by the developer: AED 913 per sqft for 679 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 31,000 a year on the contract renewed on 5 March 2023. The previous contract, from March 2022, was AED 31,000; the unit has been rented since September 2018.

How big is unit 116?

679 sqft (63.1 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 4 sold for AED 535,000 to 660,000 in the last 12 months, around AED 911 per sqft.

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Mortgage on 116, Silicon Gates 4

Starts from the last sale price (AED 620K, 7 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 619,995
Deposit, UAE resident (20%)
AED 123,999
Deposit, non-resident (40%)
AED 247,998
Monthly over 25 years at 3.7%
AED 2,537

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