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Studio · 347 sqftSilicon Gates 4, Dubai Silicon Oasis · 2nd floor · completed 2015

229, Silicon Gates 4

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

Unit 229 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 400K27 March 2017
Current rentAED 40K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Silicon Gates 4

What is 229 worth today?

Last sold for AED 400,000 in 2017

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1 Sep 2026RentedNew contract
AED 40,000/yr12 months · AED 115 per sqft
10 Oct 2025RentedNew contract
AED 43,000/yr12 months · AED 124 per sqft
4 Sep 2024RentedRenewal
AED 35,000/yr12 months · AED 102 per sqft
5 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 87 per sqft
5 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 87 per sqft
5 Sep 2022RentedNew contract
AED 28,000/yr12 months · AED 81 per sqft
5 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
15 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
2nd of 8
Parking
B2-05
Developer
Time Properties
Completed
2015
Service charge
AED 4,000 /yr
Last sold
AED 400K · March 2017
Building
Silicon Gates 4

About 229, Silicon Gates 4

229 is a studio of 347 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 27 March 2017 for AED 400,000, or AED 1,151 per sqft, 26% above the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 1 September 2026, is AED 40,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 4,000 a year.

Sales and rents for 229 over time

Sales
Unit 229, 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, January 2016: AED 322,992 (AED 929 per sqft)Sold, March 2017: AED 400,000 (AED 1,151 per sqft)

229 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 229, 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, January 2017: AED 45,000 a yearNew contract, October 2017: AED 40,000 a yearNew contract, December 2018: AED 34,000 a yearRenewal, December 2019: AED 30,000 a yearNew contract, September 2021: AED 24,000 a yearNew contract, September 2022: AED 28,000 a yearRenewal, September 2023: AED 30,000 a yearRenewal, September 2023: AED 30,000 a yearRenewal, September 2024: AED 35,000 a yearNew contract, October 2025: AED 43,000 a yearNew contract, September 2026: AED 40,000 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 229 sits

All 193 studios →

229 last sold in March 2017 at AED 1,151 per sqft, 26% above what studios in Silicon Gates 4 were fetching at the time (AED 914). 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. 229's AED 40,000 is in the upper 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

229, Silicon Gates 4 in numbers

  • Sold twice: first on 4 January 2016 for AED 322,992, last on 27 March 2017 for AED 400,000 (AED 1,151 per sqft).
  • Rented since January 2017 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2021 and recovered to AED 40,000 by September 2026.
  • At AED 40,000 a year the gross yield on the 2017 price is 10.0%, 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 September 2026.

Questions about 229, Silicon Gates 4

What did unit 229 last sell for?

AED 400,000 on 27 March 2017: AED 1,151 per sqft for 347 sqft. The unit has 2 registered sales; the first was AED 322,992 in January 2016.

What is the rent for unit 229?

AED 40,000 a year on the contract signed on 1 September 2026. The previous contract, from October 2025, was AED 43,000; the unit has been rented since January 2017.

How big is unit 229?

347 sqft (32.2 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 229 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 229, Silicon Gates 4

Starts from the last sale price (AED 400K, 27 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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