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1-bed · 1,085 sqftSilicon Gates 4, Dubai Silicon Oasis · 1st floor · completed 2015

124, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 475K13 June 2018
Current rentAED 32K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Silicon Gates 4

What is 124 worth today?

Last sold for AED 475,000 in 2018

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15 Aug 2023RentedRenewal
AED 32,400/yr12 months · AED 30 per sqft
15 Aug 2022RentedNew contract
AED 27,000/yr12 months · AED 25 per sqft
15 Aug 2021RentedNew contract
AED 27,000/yr12 months · AED 25 per sqft
13 Jun 2018Sold by developerReady
AED 475,000AED 437 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
1st of 8
Parking
B1-82
Developer
Time Properties
Completed
2015
Service charge
AED 12,600 /yr
Last sold
AED 475K · June 2018
Building
Silicon Gates 4

About 124, Silicon Gates 4

124 is a one-bedroom apartment of 1,085 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 13 June 2018 for AED 475,000, or AED 437 per sqft, 45% below the AED 793 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 32,400 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for 124 over time

Sales
Unit 124, 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, June 2018: AED 475,000 (AED 437 per sqft)

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

Rents
Unit 124, 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, August 2021: AED 27,000 a yearNew contract, August 2022: AED 27,000 a yearRenewal, August 2023: AED 32,400 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 124 sits

All 98 1-beds →

124 last sold in June 2018 at AED 437 per sqft, 45% below what one-beds in Silicon Gates 4 were fetching at the time (AED 793). 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. 124's AED 32,400 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
8.3%
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

124, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 13 June 2018 for AED 475,000, or AED 437 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 27,000 to AED 32,400 a year.
  • At AED 32,400 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 12,600 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 15 August 2023.

Questions about 124, Silicon Gates 4

What did unit 124 last sell for?

AED 475,000 on 13 June 2018, sold by the developer: AED 437 per sqft for 1,085 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 32,400 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 27,000; the unit has been rented since August 2021.

How big is unit 124?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 124 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 124, Silicon Gates 4

Starts from the last sale price (AED 475K, 13 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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