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Studio · 323 sqftSilicon Gates 4, Dubai Silicon Oasis · 4th floor · completed 2015

424, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 8 February 2026
Last soldAED 410K9 July 2017
Current rentAED 36K /yr8 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 424, Silicon Gates 4

What is 424 worth today?

Last sold for AED 410,214 in 2017

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8 Feb 2026RentedNew contract
AED 36,000/yr12 months · AED 111 per sqft
8 Feb 2025RentedNew contract
AED 34,650/yr12 months · AED 107 per sqft
8 Feb 2025RentedNew contract
AED 34,650/yr12 months · AED 107 per sqft
8 Feb 2024RentedNew contract
AED 33,000/yr12 months · AED 102 per sqft
30 Jan 2023RentedNew contract
AED 26,000/yr12 months · AED 81 per sqft
1 Mar 2022RentedNew contract
AED 24,000/yr12 months · AED 74 per sqft
26 Jan 2020RentedNew contract
AED 25,000/yr12 months · AED 77 per sqft
1 Jan 2019RentedNew contract
AED 30,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 8 February 2026.

Key facts

Type
Studio apartment
Size
323 sqft
Floor
4th of 8
Parking
B2-36
Developer
Time Properties
Completed
2015
Service charge
AED 3,700 /yr
Last sold
AED 410K · July 2017
Building
Silicon Gates 4

About 424, Silicon Gates 4

424 is a studio of 323 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 9 July 2017 for AED 410,214, or AED 1,269 per sqft, 37% above the AED 926 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 8 February 2026, is AED 36,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 3,700 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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, July 2017: AED 410,214 (AED 1,269 per sqft)

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

Rents
Unit 424, 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, January 2019: AED 30,000 a yearNew contract, January 2020: AED 25,000 a yearNew contract, March 2022: AED 24,000 a yearNew contract, January 2023: AED 26,000 a yearNew contract, February 2024: AED 33,000 a yearNew contract, February 2025: AED 34,650 a yearNew contract, February 2025: AED 34,650 a yearNew contract, February 2026: AED 36,000 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 424 sits

All 193 studios →

424 last sold in July 2017 at AED 1,269 per sqft, 37% above what studios in Silicon Gates 4 were fetching at the time (AED 926). 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. 424's AED 36,000 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

424, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 9 July 2017 for AED 410,214, or AED 1,269 per sqft.
  • Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2022 and recovered to AED 36,000 by February 2026.
  • At AED 36,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 3,700 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 8 February 2026.

Questions about 424, Silicon Gates 4

What did unit 424 last sell for?

AED 410,214 on 9 July 2017, sold by the developer: AED 1,269 per sqft for 323 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 36,000 a year on the contract signed on 8 February 2026. The previous contract, from February 2025, was AED 34,650; the unit has been rented since January 2019.

How big is unit 424?

323 sqft (30.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2015.

What is unit 424 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 424, Silicon Gates 4

Starts from the last sale price (AED 410K, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 410,214
Deposit, UAE resident (20%)
AED 82,043
Deposit, non-resident (40%)
AED 164,086
Monthly over 25 years at 3.7%
AED 1,678

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