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

423, Silicon Gates 4

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

Unit 423 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 380K4 January 2017
Current rentAED 38K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Silicon Gates 4

What is 423 worth today?

Last sold for AED 379,518 in 2017

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1 May 2026RentedRenewal
AED 38,000/yr12 months · AED 107 per sqft
1 May 2025RentedNew contract
AED 38,000/yr12 months · AED 107 per sqft
20 Mar 2024RentedRenewal
AED 28,600/yr12 months · AED 81 per sqft
20 Mar 2023RentedNew contract
AED 26,000/yr12 months · AED 74 per sqft
23 Feb 2022RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft
23 Feb 2021RentedRenewal
AED 22,000/yr12 months · AED 62 per sqft
23 Feb 2020RentedNew contract
AED 25,000/yr12 months · AED 70 per sqft
1 Mar 2017RentedNew contract
AED 38,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
354 sqft
Floor
4th of 8
Parking
B2-15
Developer
Time Properties
Completed
2015
Service charge
AED 4,100 /yr
Last sold
AED 380K · January 2017
Building
Silicon Gates 4

About 423, Silicon Gates 4

423 is a studio of 354 sqft on the 4th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. The developer sold it on 4 January 2017 for AED 379,518, or AED 1,072 per sqft, 15% above the AED 929 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 38,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 4,100 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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, January 2017: AED 379,518 (AED 1,072 per sqft)

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

Rents
Unit 423, 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, March 2017: AED 38,000 a yearNew contract, February 2020: AED 25,000 a yearRenewal, February 2021: AED 22,000 a yearNew contract, February 2022: AED 24,000 a yearNew contract, March 2023: AED 26,000 a yearRenewal, March 2024: AED 28,600 a yearNew contract, May 2025: AED 38,000 a yearRenewal, May 2026: AED 38,000 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 423 sits

All 193 studios →

423 last sold in January 2017 at AED 1,072 per sqft, 15% above what studios in Silicon Gates 4 were fetching at the time (AED 929). 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. 423's AED 38,000 is in the upper 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

423, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 4 January 2017 for AED 379,518, or AED 1,072 per sqft.
  • Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 22,000 in 2021 and recovered to AED 38,000 by May 2026.
  • At AED 38,000 a year the gross yield on the 2017 price is 10.0%, 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 1 May 2026.

Questions about 423, Silicon Gates 4

What did unit 423 last sell for?

AED 379,518 on 4 January 2017, sold by the developer: AED 1,072 per sqft for 354 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 38,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 38,000; the unit has been rented since March 2017.

How big is unit 423?

354 sqft (32.9 sqm): a studio on the 4th floor of a 8-storey tower completed in 2015.

What is unit 423 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 423, Silicon Gates 4

Starts from the last sale price (AED 380K, 4 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 379,518
Deposit, UAE resident (20%)
AED 75,904
Deposit, non-resident (40%)
AED 151,807
Monthly over 25 years at 3.7%
AED 1,553

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