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Studio · 342 sqftSilicon Gates 4, Dubai Silicon Oasis · 2nd floor · completed 2015

215, Silicon Gates 4

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

Unit 215 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 300K23 April 2018
Current rentAED 24K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, Silicon Gates 4

What is 215 worth today?

Last sold for AED 300,000 in 2018

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1 Mar 2023RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
1 Mar 2021RentedRenewal
AED 20,000/yr12 months · AED 58 per sqft
1 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
23 Apr 2018Sold by developerReady
AED 300,000AED 877 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
Studio apartment
Size
342 sqft
Floor
2nd of 8
Parking
B1-93
Developer
Time Properties
Completed
2015
Service charge
AED 4,000 /yr
Last sold
AED 300K · April 2018
Building
Silicon Gates 4

About 215, Silicon Gates 4

215 is a studio of 342 sqft on the 2nd floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. The developer sold it on 23 April 2018 for AED 300,000, or AED 877 per sqft, 21% below the AED 1,116 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2023, is AED 24,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 4,000 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, April 2018: AED 300,000 (AED 877 per sqft)

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

Rents
Unit 215, each contractTypical studio in Silicon Gates 4
20K30K40K2016201920222025Typical 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, March 2020: AED 25,000 a yearRenewal, March 2021: AED 20,000 a yearNew contract, March 2023: AED 24,000 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 215 sits

All 193 studios →

215 last sold in April 2018 at AED 877 per sqft, 21% below what studios in Silicon Gates 4 were fetching at the time (AED 1,116). 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. 215's AED 24,000 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 2nd floor

All 297 units in Silicon Gates 4
Value
201StudioAED 245K · Nov 2022
202StudioAED 390K · Oct 2024
203StudioAED 403K · Jan 2017
204StudioAED 276K · Jul 2017
2051-bedAED 526K · Jul 2017
2061-bedAED 529K · Jul 2017
207StudioAED 350K · Jun 2025
1–7 of 37

215, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 23 April 2018 for AED 300,000, or AED 877 per sqft.
  • Rented since March 2020 on 3 Ejari contracts. The rent fell from AED 25,000 to AED 20,000 in 2021 and recovered to AED 24,000 by March 2023.
  • At AED 24,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 4,000 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 1 March 2023.

Questions about 215, Silicon Gates 4

What did unit 215 last sell for?

AED 300,000 on 23 April 2018, sold by the developer: AED 877 per sqft for 342 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 24,000 a year on the contract signed on 1 March 2023. The previous contract, from March 2021, was AED 20,000; the unit has been rented since March 2020.

How big is unit 215?

342 sqft (31.8 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 215 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 215, Silicon Gates 4

Starts from the last sale price (AED 300K, 23 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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