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Studio · 279 sqftSilicon Gates 4, Dubai Silicon Oasis · 2nd floor · completed 2015

232, Silicon Gates 4

Sold prices and rental history: sold twice, last in January 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 232 · DLD and Ejari recordsUpdated 15 September 2022
Last soldAED 80K17 January 2019
Current rentAED 23K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 232, Silicon Gates 4

What is 232 worth today?

Last sold for AED 80,000 in 2019

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15 Sep 2022RentedNew contract
AED 23,000/yr12 months · AED 82 per sqft
1 Sep 2021RentedRenewal
AED 20,000/yr12 months · AED 71 per sqft
1 Sep 2020RentedNew contract
AED 20,000/yr12 months · AED 71 per sqft
1 Jun 2019RentedRenewal
AED 26,700/yr12 months · AED 95 per sqft
17 Jan 2019SoldReady
AED 80,000AED 286 per sqft
1 Jun 2018RentedNew contract
AED 30,000/yr12 months · AED 107 per sqft
1 May 2017RentedNew contract
AED 38,000/yr12 months · AED 136 per sqft
8 Feb 2016Sold by developerOff-plan
AED 287,020AED 1,028 per sqft

Source: Dubai Land Department. Updated 15 September 2022.

Key facts

Type
Studio apartment
Size
279 sqft
Floor
2nd of 8
Parking
B2-09
Developer
Time Properties
Completed
2015
Service charge
AED 3,200 /yr
Last sold
AED 80K · January 2019
Building
Silicon Gates 4

About 232, Silicon Gates 4

232 is a studio of 279 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 17 January 2019 for AED 80,000, or AED 286 per sqft, 70% below the AED 968 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 September 2022, is AED 23,000 a year: a gross yield of 28.7% on the 2019 price, before the service charge of about AED 3,200 a year.

Sales and rents for 232 over time

Sales
Unit 232, each saleTypical studio in Silicon Gates 4
200K400K20152018202120242027Typical 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, February 2016: AED 287,020 (AED 1,028 per sqft)Sold, January 2019: AED 80,000 (AED 286 per sqft)

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

Rents
Unit 232, 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, May 2017: AED 38,000 a yearNew contract, June 2018: AED 30,000 a yearRenewal, June 2019: AED 26,700 a yearNew contract, September 2020: AED 20,000 a yearRenewal, September 2021: AED 20,000 a yearNew contract, September 2022: AED 23,000 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 232 sits

All 193 studios →

232 last sold in January 2019 at AED 286 per sqft, 70% below what studios in Silicon Gates 4 were fetching at the time (AED 968). 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. 232's AED 23,000 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

232, Silicon Gates 4 in numbers

  • Sold twice: first on 8 February 2016 for AED 287,020, last on 17 January 2019 for AED 80,000 (AED 286 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 20,000 in 2021 and recovered to AED 23,000 by September 2022.
  • At AED 23,000 a year the gross yield on the 2019 price is 28.7%, before a service charge of about AED 3,200 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 2022.

Questions about 232, Silicon Gates 4

What did unit 232 last sell for?

AED 80,000 on 17 January 2019: AED 286 per sqft for 279 sqft. The unit has 2 registered sales; the first was AED 287,020 in February 2016.

What is the rent for unit 232?

AED 23,000 a year on the contract signed on 15 September 2022. The previous contract, from September 2021, was AED 20,000; the unit has been rented since May 2017.

How big is unit 232?

279 sqft (25.9 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 232 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 232, Silicon Gates 4

Starts from the last sale price (AED 80K, 17 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 80,000
Deposit, UAE resident (20%)
AED 16,000
Deposit, non-resident (40%)
AED 32,000
Monthly over 25 years at 3.7%
AED 327

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