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Studio · 323 sqftSilicon Gates 4, Dubai Silicon Oasis · 2nd floor · completed 2015

224, Silicon Gates 4

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 300K31 January 2024
Current rentAED 22K /yr28 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Silicon Gates 4

What is 224 worth today?

Last sold for AED 300,000 in 2024

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31 Jan 2024SoldReady
AED 300,000AED 929 per sqft
28 Jul 2023RentedRenewal
AED 22,000/yr12 months · AED 68 per sqft
28 Jul 2022RentedNew contract
AED 20,000/yr12 months · AED 62 per sqft
14 Jul 2021RentedNew contract
AED 18,000/yr12 months · AED 56 per sqft
6 Sep 2020RentedNew contract
AED 18,000/yr12 months · AED 56 per sqft
30 Jun 2020RentedNew contract
AED 20,000/yr6 months · AED 62 per sqft
25 Jun 2019RentedNew contract
AED 25,000/yr12 months · AED 77 per sqft
10 Jun 2018RentedRenewal
AED 33,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
Studio apartment
Size
323 sqft
Floor
2nd of 8
Parking
B2-02
Developer
Time Properties
Completed
2015
Service charge
AED 3,700 /yr
Last sold
AED 300K · January 2024
Building
Silicon Gates 4

About 224, Silicon Gates 4

224 is a studio of 323 sqft on the 2nd floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 31 January 2024 for AED 300,000, or AED 929 per sqft, 6% above the AED 877 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 28 July 2023, is AED 22,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 3,700 a year.

Sales and rents for 224 over time

Sales
Unit 224, 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, June 2016: AED 266,328 (AED 825 per sqft)Sold, May 2017: AED 374,832 (AED 1,161 per sqft)Sold, January 2024: AED 300,000 (AED 929 per sqft)

224 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 224, 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, June 2017: AED 33,000 a yearRenewal, June 2018: AED 33,000 a yearNew contract, June 2019: AED 25,000 a yearNew contract, June 2020: AED 20,000 a yearNew contract, September 2020: AED 18,000 a yearNew contract, July 2021: AED 18,000 a yearNew contract, July 2022: AED 20,000 a yearRenewal, July 2023: AED 22,000 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 224 sits

All 193 studios →

224 last sold in January 2024 at AED 929 per sqft, 6% above what studios in Silicon Gates 4 were fetching at the time (AED 877). 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. 224's AED 22,000 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

224, Silicon Gates 4 in numbers

  • Sold 3 times: first on 30 June 2016 for AED 266,328, last on 31 January 2024 for AED 300,000 (AED 929 per sqft).
  • Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 33,000 to AED 18,000 in 2021 and recovered to AED 22,000 by July 2023.
  • At AED 22,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 3,700 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 31 January 2024.

Questions about 224, Silicon Gates 4

What did unit 224 last sell for?

AED 300,000 on 31 January 2024: AED 929 per sqft for 323 sqft. The unit has 3 registered sales; the first was AED 266,328 in June 2016.

What is the rent for unit 224?

AED 22,000 a year on the contract renewed on 28 July 2023. The previous contract, from July 2022, was AED 20,000; the unit has been rented since June 2017.

How big is unit 224?

323 sqft (30.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 224 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 224, Silicon Gates 4

Starts from the last sale price (AED 300K, 31 January 2024). 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 →