Home
Dubai prices
About
Research
1-bed · 679 sqftSilicon Gates 4, Dubai Silicon Oasis · 5th floor · completed 2015

538, Silicon Gates 4

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

Unit 538 · DLD and Ejari recordsUpdated 1 June 2020
Last soldAED 620K15 June 2015
Current rentAED 30K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 538

Property timeline for 538, Silicon Gates 4

What is 538 worth today?

Last sold for AED 619,995 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2020RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
23 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
21 Nov 2016RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
15 Jun 2015Sold by developerOff-plan
AED 619,995AED 913 per sqft

Source: Dubai Land Department. Updated 1 June 2020.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
5th of 8
Parking
B2-52
Developer
Time Properties
Completed
2015
Service charge
AED 7,900 /yr
Last sold
AED 620K · June 2015
Building
Silicon Gates 4

About 538, Silicon Gates 4

538 is a one-bedroom apartment of 679 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 619,995, or AED 913 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 June 2020, is AED 30,000 a year: a gross yield of 4.8% on the 2015 price, before the service charge of about AED 7,900 a year.

Sales and rents for 538 over time

Sales
Unit 538, each saleTypical one-bed in Silicon Gates 4
400K600K20152018202120242027Typical sale price by year: 2015 AED 613,365; 2016 AED 591,608; 2017 AED 526,188; 2018 AED 475,000; 2020 AED 340,000; 2021 AED 340,000; 2022 AED 365,000; 2023 AED 375,000; 2024 AED 470,000; 2025 AED 545,000; 2026 AED 605,000Sold by developer, June 2015: AED 619,995 (AED 913 per sqft)

538 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 538, each contractTypical one-bed in Silicon Gates 4
40K60K2016201920222025Typical rent by year: 2016 AED 55,500; 2017 AED 52,000; 2018 AED 46,000; 2019 AED 39,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 43,602; 2025 AED 50,000; 2026 AED 48,650New contract, November 2016: AED 55,000 a yearNew contract, November 2018: AED 40,000 a yearNew contract, June 2020: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silicon Gates 4, and where 538 sits

All 98 1-beds →

538 last sold in June 2015 at AED 913 per sqft, in line with what one-beds in Silicon Gates 4 were fetching at the time (AED 901). Over the last 12 months one-beds sold for AED 535,000 to 660,000, around AED 911 per sqft, and rent for AED 30,000 to 70,000 a year. 538's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026535,000
9 Jul 2026630,000
1 May 2026580,000
13 Apr 2026605,000
5 1-bed 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

538, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 15 June 2015 for AED 619,995, or AED 913 per sqft.
  • Rented since November 2016 on 3 Ejari contracts, from AED 55,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2015 price is 4.8%, before a service charge of about AED 7,900 a year (AED 11.58 per sqft).
  • One-beds in Silicon Gates 4 sold for AED 535,000–660,000 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 June 2020.

Questions about 538, Silicon Gates 4

What did unit 538 last sell for?

AED 619,995 on 15 June 2015, sold by the developer: AED 913 per sqft for 679 sqft. It is the only registered sale of the unit.

What is the rent for unit 538?

AED 30,000 a year on the contract signed on 1 June 2020. The previous contract, from November 2018, was AED 40,000; the unit has been rented since November 2016.

How big is unit 538?

679 sqft (63.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 538 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 4 sold for AED 535,000 to 660,000 in the last 12 months, around AED 911 per sqft.

Selling 538? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 538, Silicon Gates 4

Starts from the last sale price (AED 620K, 15 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 619,995
Deposit, UAE resident (20%)
AED 123,999
Deposit, non-resident (40%)
AED 247,998
Monthly over 25 years at 3.7%
AED 2,537

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