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

409, Silicon Gates 4

Sold prices and rental history: sold 3 times, last in May 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 6 May 2021
Last soldAED 220K6 May 2021
Current rentAED 24K /yr12 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Silicon Gates 4

What is 409 worth today?

Last sold for AED 220,000 in 2021

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6 May 2021SoldReady
AED 220,000AED 633 per sqft
12 Aug 2019RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
1 Oct 2017RentedNew contract
AED 38,000/yr12 months · AED 110 per sqft
27 Jul 2017SoldReady
AED 425,000AED 1,223 per sqft
1 Oct 2016RentedNew contract
AED 40,000/yr12 months · AED 116 per sqft
25 Jun 2015Sold by developerOff-plan
AED 306,000AED 880 per sqft

Source: Dubai Land Department. Updated 6 May 2021.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
4th of 8
Parking
B2-131
Developer
Time Properties
Completed
2015
Service charge
AED 4,000 /yr
Last sold
AED 220K · May 2021
Building
Silicon Gates 4

About 409, Silicon Gates 4

409 is a studio of 347 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 6 May 2021 for AED 220,000, or AED 633 per sqft, in line with the AED 651 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 12 August 2019, is AED 24,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 4,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, June 2015: AED 306,000 (AED 880 per sqft)Sold, July 2017: AED 425,000 (AED 1,223 per sqft)Sold, May 2021: AED 220,000 (AED 633 per sqft)

409 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 409, 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 2016: AED 40,000 a yearNew contract, October 2017: AED 38,000 a yearNew contract, August 2019: 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 409 sits

All 193 studios →

409 last sold in May 2021 at AED 633 per sqft, in line with what studios in Silicon Gates 4 were fetching at the time (AED 651). 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. 409'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 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
407StudioAED 310K · Nov 2023
408StudioAED 425K · Aug 2017
1–7 of 37

409, Silicon Gates 4 in numbers

  • Sold 3 times: first on 25 June 2015 for AED 306,000, last on 6 May 2021 for AED 220,000 (AED 633 per sqft).
  • Rented since October 2016 on 3 Ejari contracts, from AED 40,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2021 price is 10.9%, 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 6 May 2021.

Questions about 409, Silicon Gates 4

What did unit 409 last sell for?

AED 220,000 on 6 May 2021: AED 633 per sqft for 347 sqft. The unit has 3 registered sales; the first was AED 306,000 in June 2015.

What is the rent for unit 409?

AED 24,000 a year on the contract signed on 12 August 2019. The previous contract, from October 2017, was AED 38,000; the unit has been rented since October 2016.

How big is unit 409?

347 sqft (32.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2015.

What is unit 409 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 409, Silicon Gates 4

Starts from the last sale price (AED 220K, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 220,000
Deposit, UAE resident (20%)
AED 44,000
Deposit, non-resident (40%)
AED 88,000
Monthly over 25 years at 3.7%
AED 900

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