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1-bed · 587 sqftSilicon Gates 4, Dubai Silicon Oasis · 6th floor · completed 2015

611, Silicon Gates 4

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

Unit 611 · DLD and Ejari recordsUpdated 25 August 2023
Last soldAED 544K29 October 2016
Current rentAED 32K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 611, Silicon Gates 4

What is 611 worth today?

Last sold for AED 544,365 in 2016

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25 Aug 2023RentedRenewal
AED 32,000/yr12 months · AED 54 per sqft
25 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 51 per sqft
7 Feb 2022RentedRenewal
AED 29,000/yr12 months · AED 49 per sqft
7 Feb 2021RentedNew contract
AED 26,000/yr12 months · AED 44 per sqft
25 Nov 2019RentedNew contract
AED 40,000/yr13 months · AED 68 per sqft
25 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
16 Oct 2017RentedRenewal
AED 55,000/yr12 months · AED 93 per sqft
29 Oct 2016Sold by developerOff-plan
AED 544,365AED 927 per sqft

Source: Dubai Land Department. Updated 25 August 2023.

Key facts

Type
1-bed apartment
Size
587 sqft
Floor
6th of 8
Parking
B2-56
Developer
Time Properties
Completed
2015
Service charge
AED 6,800 /yr
Last sold
AED 544K · October 2016
Building
Silicon Gates 4

About 611, Silicon Gates 4

611 is a one-bedroom apartment of 587 sqft on the 6th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. The developer sold it on 29 October 2016 for AED 544,365, or AED 927 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 25 August 2023, is AED 32,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 6,800 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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, October 2016: AED 544,365 (AED 927 per sqft)

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

Rents
Unit 611, 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, October 2016: AED 55,000 a yearRenewal, October 2017: AED 55,000 a yearNew contract, November 2018: AED 40,000 a yearNew contract, November 2019: AED 40,000 a yearNew contract, February 2021: AED 26,000 a yearRenewal, February 2022: AED 29,000 a yearNew contract, August 2022: AED 30,000 a yearRenewal, August 2023: AED 32,000 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 611 sits

All 98 1-beds →

611 last sold in October 2016 at AED 927 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. 611's AED 32,000 is in the lower half 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 6th floor

All 297 units in Silicon Gates 4
Value
601StudioAED 244K · Jan 2017
602StudioAED 446K · Feb 2017
603StudioAED 237K · May 2015
604StudioAED 440K · Jun 2026
6051-bedAED 544K · Dec 2016
6061-bedAED 580K · May 2015
607StudioAED 472K · Mar 2017
1–7 of 39

611, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 29 October 2016 for AED 544,365, or AED 927 per sqft.
  • Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 26,000 in 2021 and recovered to AED 32,000 by August 2023.
  • At AED 32,000 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 6,800 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 25 August 2023.

Questions about 611, Silicon Gates 4

What did unit 611 last sell for?

AED 544,365 on 29 October 2016, sold by the developer: AED 927 per sqft for 587 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 32,000 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 30,000; the unit has been rented since October 2016.

How big is unit 611?

587 sqft (54.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 611 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.

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Mortgage on 611, Silicon Gates 4

Starts from the last sale price (AED 544K, 29 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 544,365
Deposit, UAE resident (20%)
AED 108,873
Deposit, non-resident (40%)
AED 217,746
Monthly over 25 years at 3.7%
AED 2,227

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