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Studio · 323 sqftSilicon Gates 4, Dubai Silicon Oasis · 5th floor · completed 2015

524, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 524 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 293K15 June 2015
Current rentAED 24K /yr20 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 524, Silicon Gates 4

What is 524 worth today?

Last sold for AED 292,960 in 2015

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20 Oct 2022RentedNew contract
AED 24,000/yr12 months · AED 74 per sqft
15 Nov 2021RentedNew contract
AED 20,000/yr12 months · AED 62 per sqft
12 Nov 2020RentedNew contract
AED 18,947/yr12 months · AED 59 per sqft
14 Nov 2018RentedNew contract
AED 27,000/yr12 months · AED 84 per sqft
29 Sep 2016RentedNew contract
AED 36,796/yr12 months · AED 114 per sqft
15 Jun 2015Sold by developerOff-plan
AED 292,960AED 907 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
Studio apartment
Size
323 sqft
Floor
5th of 8
Parking
B1-02
Developer
Time Properties
Completed
2015
Service charge
AED 3,700 /yr
Last sold
AED 293K · June 2015
Building
Silicon Gates 4

About 524, Silicon Gates 4

524 is a studio of 323 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 15 June 2015 for AED 292,960, or AED 907 per sqft, in line with the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 October 2022, is AED 24,000 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 3,700 a year.

Sales and rents for 524 over time

Sales
Unit 524, 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, June 2015: AED 292,960 (AED 907 per sqft)

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

Rents
Unit 524, 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, September 2016: AED 36,796 a yearNew contract, November 2018: AED 27,000 a yearNew contract, November 2020: AED 18,947 a yearNew contract, November 2021: AED 20,000 a yearNew contract, October 2022: 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 524 sits

All 193 studios →

524 last sold in June 2015 at AED 907 per sqft, in line with 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. 524'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 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

524, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 15 June 2015 for AED 292,960, or AED 907 per sqft.
  • Rented since September 2016 on 5 Ejari contracts. The rent fell from AED 36,796 to AED 18,947 in 2020 and recovered to AED 24,000 by October 2022.
  • At AED 24,000 a year the gross yield on the 2015 price is 8.2%, 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 20 October 2022.

Questions about 524, Silicon Gates 4

What did unit 524 last sell for?

AED 292,960 on 15 June 2015, sold by the developer: AED 907 per sqft for 323 sqft. It is the only registered sale of the unit.

What is the rent for unit 524?

AED 24,000 a year on the contract signed on 20 October 2022. The previous contract, from November 2021, was AED 20,000; the unit has been rented since September 2016.

How big is unit 524?

323 sqft (30.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2015.

What is unit 524 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 524, Silicon Gates 4

Starts from the last sale price (AED 293K, 15 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 292,960
Deposit, UAE resident (20%)
AED 58,592
Deposit, non-resident (40%)
AED 117,184
Monthly over 25 years at 3.7%
AED 1,199

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