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

323, Silicon Gates 4

Sold prices and rental history: sold 4 times, last in April 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 330K4 April 2024
Current rentAED 24K /yr11 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 323, Silicon Gates 4

What is 323 worth today?

Last sold for AED 330,000 in 2024

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4 Apr 2024SoldReady
AED 330,000AED 932 per sqft
16 Feb 2022SoldReady
AED 270,000AED 763 per sqft
11 Feb 2022RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft
27 Oct 2021SoldReady
AED 200,000AED 565 per sqft
5 Feb 2021RentedNew contract
AED 18,000/yr12 months · AED 51 per sqft
1 Oct 2019RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft
15 Dec 2016Sold by developerOff-plan
AED 355,000AED 1,003 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
Studio apartment
Size
354 sqft
Floor
3rd of 8
Parking
B2-72
Developer
Time Properties
Completed
2015
Service charge
AED 4,100 /yr
Last sold
AED 330K · April 2024
Building
Silicon Gates 4

About 323, Silicon Gates 4

323 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. It last sold on 4 April 2024 for AED 330,000, or AED 932 per sqft, in line with the AED 914 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 11 February 2022, is AED 24,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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, December 2016: AED 355,000 (AED 1,003 per sqft)Sold, October 2021: AED 200,000 (AED 565 per sqft)Sold, February 2022: AED 270,000 (AED 763 per sqft)Sold, April 2024: AED 330,000 (AED 932 per sqft)

323 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 323, 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, October 2019: AED 24,000 a yearNew contract, February 2021: AED 18,000 a yearNew contract, February 2022: 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 323 sits

All 193 studios →

323 last sold in April 2024 at AED 932 per sqft, in line with 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. 323'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 3rd floor

All 297 units in Silicon Gates 4
Value
301StudioAED 368K · May 2016
302StudioAED 302K · Jul 2017
303StudioAED 310K · Oct 2023
304StudioAED 331K · Oct 2016
3051-bedAED 475K · Apr 2018
307StudioAED 336K · Dec 2016
308StudioAED 350K · May 2017
1–7 of 36

323, Silicon Gates 4 in numbers

  • Sold 4 times: first on 15 December 2016 for AED 355,000, last on 4 April 2024 for AED 330,000 (AED 932 per sqft).
  • Rented since October 2019 on 3 Ejari contracts. The rent fell from AED 24,000 to AED 18,000 in 2021 and recovered to AED 24,000 by February 2022.
  • At AED 24,000 a year the gross yield on the 2024 price is 7.3%, 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 4 April 2024.

Questions about 323, Silicon Gates 4

What did unit 323 last sell for?

AED 330,000 on 4 April 2024: AED 932 per sqft for 354 sqft. The unit has 4 registered sales; the first was AED 355,000 in December 2016.

What is the rent for unit 323?

AED 24,000 a year on the contract signed on 11 February 2022. The previous contract, from February 2021, was AED 18,000; the unit has been rented since October 2019.

How big is unit 323?

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

What is unit 323 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 323, Silicon Gates 4

Starts from the last sale price (AED 330K, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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