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Studio · 347 sqftSilicon Gates 4, Dubai Silicon Oasis · 3rd floor · completed 2015

329, Silicon Gates 4

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 329 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 380K10 October 2017
Current rentAED 32K /yr28 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 329, Silicon Gates 4

What is 329 worth today?

Last sold for AED 380,000 in 2017

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28 Mar 2024RentedNew contract
AED 32,000/yr12 months · AED 93 per sqft
22 Mar 2023RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
3 Feb 2022RentedRenewal
AED 19,000/yr12 months · AED 55 per sqft
3 Feb 2021RentedNew contract
AED 19,000/yr12 months · AED 55 per sqft
22 Jan 2019RentedNew contract
AED 26,000/yr12 months · AED 75 per sqft
19 Oct 2018RentedRenewal
AED 31,999/yr7 months · AED 93 per sqft
19 Oct 2017RentedNew contract
AED 34,000/yr12 months · AED 99 per sqft
10 Oct 2017SoldReady
AED 380,000AED 1,093 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
3rd of 8
Parking
B2-35
Developer
Time Properties
Completed
2015
Service charge
AED 4,000 /yr
Last sold
AED 380K · October 2017
Building
Silicon Gates 4

About 329, Silicon Gates 4

329 is a studio of 347 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 10 October 2017 for AED 380,000, or AED 1,093 per sqft, 19% above the AED 919 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 28 March 2024, is AED 32,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 4,000 a year.

Sales and rents for 329 over time

Sales
Unit 329, 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 2015: AED 318,740 (AED 917 per sqft)Sold, October 2017: AED 380,000 (AED 1,093 per sqft)

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

Rents
Unit 329, 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, September 2016: AED 40,000 a yearNew contract, October 2017: AED 34,000 a yearRenewal, October 2018: AED 31,999 a yearNew contract, January 2019: AED 26,000 a yearNew contract, February 2021: AED 19,000 a yearRenewal, February 2022: AED 19,000 a yearNew contract, March 2023: AED 25,000 a yearNew contract, March 2024: AED 32,000 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 329 sits

All 193 studios →

329 last sold in October 2017 at AED 1,093 per sqft, 19% above what studios in Silicon Gates 4 were fetching at the time (AED 919). 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. 329's AED 32,000 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

329, Silicon Gates 4 in numbers

  • Sold twice: first on 8 June 2015 for AED 318,740, last on 10 October 2017 for AED 380,000 (AED 1,093 per sqft).
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 19,000 in 2022 and recovered to AED 32,000 by March 2024.
  • At AED 32,000 a year the gross yield on the 2017 price is 8.4%, 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 28 March 2024.

Questions about 329, Silicon Gates 4

What did unit 329 last sell for?

AED 380,000 on 10 October 2017: AED 1,093 per sqft for 347 sqft. The unit has 2 registered sales; the first was AED 318,740 in June 2015.

What is the rent for unit 329?

AED 32,000 a year on the contract signed on 28 March 2024. The previous contract, from March 2023, was AED 25,000; the unit has been rented since September 2016.

How big is unit 329?

347 sqft (32.2 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 329 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 329, Silicon Gates 4

Starts from the last sale price (AED 380K, 10 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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