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Studio · 360 sqftSilicon Gates 4, Dubai Silicon Oasis · 1st floor · completed 2015

119, Silicon Gates 4

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

Unit 119 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 405K9 October 2016
Current rentAED 25K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, Silicon Gates 4

What is 119 worth today?

Last sold for AED 405,057 in 2016

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15 Sep 2024RentedRenewal
AED 25,000/yr12 months · AED 70 per sqft
15 Sep 2023RentedRenewal
AED 22,000/yr12 months · AED 62 per sqft
15 Sep 2022RentedRenewal
AED 21,000/yr12 months · AED 59 per sqft
15 Sep 2021RentedRenewal
AED 21,000/yr12 months · AED 59 per sqft
15 Sep 2020RentedRenewal
AED 21,000/yr12 months · AED 59 per sqft
15 Sep 2019RentedRenewal
AED 28,000/yr12 months · AED 79 per sqft
15 Sep 2018RentedRenewal
AED 38,000/yr12 months · AED 107 per sqft
15 Sep 2017RentedRenewal
AED 42,000/yr12 months · AED 118 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
1st of 8
Parking
B2-88
Developer
Time Properties
Completed
2015
Service charge
AED 4,200 /yr
Last sold
AED 405K · October 2016
Building
Silicon Gates 4

About 119, Silicon Gates 4

119 is a studio of 360 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 9 October 2016 for AED 405,057, or AED 1,126 per sqft, 10% above the AED 1,024 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 15 September 2024, is AED 25,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 4,200 a year.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical studio in Silicon Gates 4
200K300K400K20152018202120242027Typical sale price by year: 2015 AED 308,940; 2016 AED 323,453; 2017 AED 298,747; 2018 AED 310,000; 2019 AED 275,000; 2020 AED 245,000; 2021 AED 200,000; 2022 AED 240,000; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 390,000; 2026 AED 410,000Sold by developer, October 2016: AED 405,057 (AED 1,126 per sqft)

119 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 119, each contractTypical studio in Silicon Gates 4
20K40K2016201920222025Typical rent by year: 2016 AED 39,786; 2017 AED 36,000; 2018 AED 31,000; 2019 AED 25,000; 2020 AED 21,000; 2021 AED 19,000; 2022 AED 23,000; 2023 AED 27,000; 2024 AED 31,000; 2025 AED 34,000; 2026 AED 36,000New contract, September 2016: AED 42,000 a yearRenewal, September 2017: AED 42,000 a yearRenewal, September 2018: AED 38,000 a yearRenewal, September 2019: AED 28,000 a yearRenewal, September 2020: AED 21,000 a yearRenewal, September 2021: AED 21,000 a yearRenewal, September 2022: AED 21,000 a yearRenewal, September 2023: AED 22,000 a yearRenewal, September 2024: AED 25,000 a year

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

Studios in Silicon Gates 4, and where 119 sits

All 193 studios →

119 last sold in October 2016 at AED 1,126 per sqft, 10% above what studios in Silicon Gates 4 were fetching at the time (AED 1,024). Over the last 12 months studios sold for AED 311,117 to 495,000, around AED 1,199 per sqft, and rent for AED 18,000 to 48,000 a year. 119's AED 25,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026380,000
25 Aug 2026420,000
25 Aug 2026480,000
21 Aug 2026495,000
13 studio 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
8.3%
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

119, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 9 October 2016 for AED 405,057, or AED 1,126 per sqft.
  • Rented since September 2016 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 21,000 in 2022 and recovered to AED 25,000 by September 2024.
  • At AED 25,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 4,200 a year (AED 11.58 per sqft).
  • Studios in Silicon Gates 4 sold for AED 311,117–495,000 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 15 September 2024.

Questions about 119, Silicon Gates 4

What did unit 119 last sell for?

AED 405,057 on 9 October 2016, sold by the developer: AED 1,126 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 119?

AED 25,000 a year on the contract renewed on 15 September 2024. The previous contract, from September 2023, was AED 22,000; the unit has been rented since September 2016.

How big is unit 119?

360 sqft (33.4 sqm): a studio on the 1st floor of a 8-storey tower completed in 2015.

What is unit 119 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 4 sold for AED 311,117 to 495,000 in the last 12 months, around AED 1,199 per sqft.

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Mortgage on 119, Silicon Gates 4

Starts from the last sale price (AED 405K, 9 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 405,057
Deposit, UAE resident (20%)
AED 81,011
Deposit, non-resident (40%)
AED 162,023
Monthly over 25 years at 3.7%
AED 1,657

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