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Studio · 341 sqftSilicon Gates 4, Dubai Silicon Oasis · 5th floor · completed 2015

515, Silicon Gates 4

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

Unit 515 · DLD and Ejari recordsUpdated 3 April 2025
Last soldAED 347K9 April 2017
Current rentAED 32K /yr3 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515, Silicon Gates 4

What is 515 worth today?

Last sold for AED 347,427 in 2017

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3 Apr 2025RentedRenewal
AED 32,000/yr12 months · AED 93 per sqft
3 Apr 2024RentedNew contract
AED 32,000/yr12 months · AED 93 per sqft
18 Apr 2022RentedNew contract
AED 20,000/yr12 months · AED 58 per sqft
12 Apr 2021RentedNew contract
AED 18,000/yr12 months · AED 52 per sqft
1 Mar 2020RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
5 Dec 2018RentedNew contract
AED 28,000/yr12 months · AED 81 per sqft
15 Jul 2017RentedNew contract
AED 35,000/yr12 months · AED 102 per sqft
9 Apr 2017Sold by developerOff-plan
AED 347,427AED 1,019 per sqft

Source: Dubai Land Department. Updated 3 April 2025.

Key facts

Type
Studio apartment
Size
341 sqft
Floor
5th of 8
Parking
B1-144
Developer
Time Properties
Completed
2015
Service charge
AED 3,900 /yr
Last sold
AED 347K · April 2017
Building
Silicon Gates 4

About 515, Silicon Gates 4

515 is a studio of 341 sqft on the 5th 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 April 2017 for AED 347,427, or AED 1,019 per sqft, 11% above the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 3 April 2025, is AED 32,000 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 3,900 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, April 2017: AED 347,427 (AED 1,019 per sqft)

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

Rents
Unit 515, 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 2017: AED 35,000 a yearNew contract, December 2018: AED 28,000 a yearNew contract, March 2020: AED 24,000 a yearNew contract, April 2021: AED 18,000 a yearNew contract, April 2022: AED 20,000 a yearNew contract, April 2024: AED 32,000 a yearRenewal, April 2025: 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 515 sits

All 193 studios →

515 last sold in April 2017 at AED 1,019 per sqft, 11% above what studios in Silicon Gates 4 were fetching at the time (AED 914). 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. 515'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 5th floor

All 297 units in Silicon Gates 4
Value
501StudioAED 175K · Jan 2017
502StudioAED 237K · Jan 2017
503StudioAED 392K · Jan 2017
504StudioAED 260K · May 2023
5051-bedAED 750K · Jul 2017
5061-bedAED 400K · Nov 2022
507StudioAED 350K · Dec 2024
1–7 of 38

515, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 9 April 2017 for AED 347,427, or AED 1,019 per sqft.
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 35,000 to AED 18,000 in 2021 and recovered to AED 32,000 by April 2025.
  • At AED 32,000 a year the gross yield on the 2017 price is 9.2%, before a service charge of about AED 3,900 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 3 April 2025.

Questions about 515, Silicon Gates 4

What did unit 515 last sell for?

AED 347,427 on 9 April 2017, sold by the developer: AED 1,019 per sqft for 341 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 32,000 a year on the contract renewed on 3 April 2025. The previous contract, from April 2024, was AED 32,000; the unit has been rented since July 2017.

How big is unit 515?

341 sqft (31.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2015.

What is unit 515 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 515, Silicon Gates 4

Starts from the last sale price (AED 347K, 9 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 347,427
Deposit, UAE resident (20%)
AED 69,485
Deposit, non-resident (40%)
AED 138,971
Monthly over 25 years at 3.7%
AED 1,421

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