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Studio · 354 sqftSilicon Gates 4, Dubai Silicon Oasis · 3rd floor · completed 2015

302, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 28 March 2021
Last soldAED 302K9 July 2017
Current rentAED 17K /yr28 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Silicon Gates 4

What is 302 worth today?

Last sold for AED 302,057 in 2017

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28 Mar 2021RentedNew contract
AED 17,000/yr12 months · AED 48 per sqft
10 Oct 2019RentedNew contract
AED 25,000/yr12 months · AED 70 per sqft
5 Apr 2018RentedNew contract
AED 36,000/yr12 months · AED 101 per sqft
9 Jul 2017Sold by developerOff-plan
AED 302,057AED 853 per sqft

Source: Dubai Land Department. Updated 28 March 2021.

Key facts

Type
Studio apartment
Size
354 sqft
Floor
3rd of 8
Parking
B2-59
Developer
Time Properties
Completed
2015
Service charge
AED 4,100 /yr
Last sold
AED 302K · July 2017
Building
Silicon Gates 4

About 302, Silicon Gates 4

302 is a studio of 354 sqft on the 3rd floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. The developer sold it on 9 July 2017 for AED 302,057, or AED 853 per sqft, 8% below the AED 926 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 28 March 2021, is AED 17,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 4,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, July 2017: AED 302,057 (AED 853 per sqft)

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

Rents
Unit 302, 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, April 2018: AED 36,000 a yearNew contract, October 2019: AED 25,000 a yearNew contract, March 2021: AED 17,000 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 302 sits

All 193 studios →

302 last sold in July 2017 at AED 853 per sqft, 8% below what studios in Silicon Gates 4 were fetching at the time (AED 926). 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. 302's AED 17,000 is at the bottom 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 3rd floor

All 297 units in Silicon Gates 4
Value
301StudioAED 368K · May 2016
303StudioAED 310K · Oct 2023
304StudioAED 331K · Oct 2016
3051-bedAED 475K · Apr 2018
307StudioAED 336K · Dec 2016
308StudioAED 350K · May 2017
309StudioAED 180K · Mar 2022
1–7 of 36

302, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 9 July 2017 for AED 302,057, or AED 853 per sqft.
  • Rented since April 2018 on 3 Ejari contracts, from AED 36,000 to AED 17,000 a year.
  • At AED 17,000 a year the gross yield on the 2017 price is 5.6%, before a service charge of about AED 4,100 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 28 March 2021.

Questions about 302, Silicon Gates 4

What did unit 302 last sell for?

AED 302,057 on 9 July 2017, sold by the developer: AED 853 per sqft for 354 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 17,000 a year on the contract signed on 28 March 2021. The previous contract, from October 2019, was AED 25,000; the unit has been rented since April 2018.

How big is unit 302?

354 sqft (32.9 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 302 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 302, Silicon Gates 4

Starts from the last sale price (AED 302K, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 302,057
Deposit, UAE resident (20%)
AED 60,411
Deposit, non-resident (40%)
AED 120,823
Monthly over 25 years at 3.7%
AED 1,236

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