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Studio · 306 sqftSilicon Gates 4, Dubai Silicon Oasis · 4th floor · completed 2015

407, Silicon Gates 4

Sold prices and rental history: sold twice, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 310K20 November 2023
Current rentAED 26K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Silicon Gates 4

What is 407 worth today?

Last sold for AED 310,000 in 2023

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20 Nov 2023SoldReady
AED 310,000AED 1,012 per sqft
1 Aug 2023RentedNew contract
AED 26,000/yr12 months · AED 86 per sqft
1 Jul 2022RentedRenewal
AED 21,000/yr12 months · AED 70 per sqft
1 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 66 per sqft
15 Dec 2016Sold by developerOff-plan
AED 324,788AED 1,060 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
Studio apartment
Size
306 sqft
Floor
4th of 8
Parking
B2-133
Developer
Time Properties
Completed
2015
Service charge
AED 3,500 /yr
Last sold
AED 310K · November 2023
Building
Silicon Gates 4

About 407, Silicon Gates 4

407 is a studio of 306 sqft on the 4th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 20 November 2023 for AED 310,000, or AED 1,012 per sqft, 16% above the AED 870 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 August 2023, is AED 26,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 3,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 324,788 (AED 1,060 per sqft)Sold, November 2023: AED 310,000 (AED 1,012 per sqft)

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

Rents
Unit 407, 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, July 2020: AED 20,000 a yearRenewal, July 2022: AED 21,000 a yearNew contract, August 2023: AED 26,000 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 407 sits

All 193 studios →

407 last sold in November 2023 at AED 1,012 per sqft, 16% above what studios in Silicon Gates 4 were fetching at the time (AED 870). 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. 407's AED 26,000 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 4th floor

All 297 units in Silicon Gates 4
Value
401StudioAED 307K · May 2016
402StudioAED 352K · Sep 2015
403StudioAED 323K · Nov 2016
404StudioAED 400K · Sep 2025
4051-bedAED 544K · Dec 2016
408StudioAED 425K · Aug 2017
409StudioAED 220K · May 2021
1–7 of 37

407, Silicon Gates 4 in numbers

  • Sold twice: first on 15 December 2016 for AED 324,788, last on 20 November 2023 for AED 310,000 (AED 1,012 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 20,000 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 3,500 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 20 November 2023.

Questions about 407, Silicon Gates 4

What did unit 407 last sell for?

AED 310,000 on 20 November 2023: AED 1,012 per sqft for 306 sqft. The unit has 2 registered sales; the first was AED 324,788 in December 2016.

What is the rent for unit 407?

AED 26,000 a year on the contract signed on 1 August 2023. The previous contract, from July 2022, was AED 21,000; the unit has been rented since July 2020.

How big is unit 407?

306 sqft (28.4 sqm): a studio on the 4th floor of a 8-storey tower completed in 2015.

What is unit 407 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 407, Silicon Gates 4

Starts from the last sale price (AED 310K, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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