Studio · 342 sqftSilicon Gates 4, Dubai Silicon Oasis · 6th floor · completed 2015

615, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 250K12 December 2016
Current rentAED 33K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Silicon Gates 4

What is 615 worth today?

Last sold for AED 250,000 in 2016

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10 Mar 2025RentedNew contract
AED 33,000/yr12 months · AED 96 per sqft
10 Mar 2022RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
5 Mar 2020RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
10 Feb 2018RentedNew contract
AED 36,000/yr12 months · AED 105 per sqft
12 Dec 2016Sold by developerReady
AED 250,000AED 731 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
Studio apartment
Size
342 sqft
Floor
6th of 8
Parking
B2-80
Developer
Time Properties
Completed
2015
Service charge
AED 4,000 /yr
Last sold
AED 250K · December 2016

About 615, Silicon Gates 4

615 is a studio of 342 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 12 December 2016 for AED 250,000, or AED 731 per sqft, 28% below the AED 1,009 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 10 March 2025, is AED 33,000 a year: a gross yield of 13.2% on the 2016 price, before the service charge of about AED 4,000 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, December 2016: AED 250,000 (AED 731 per sqft)

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

Rents
Unit 615, 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, February 2018: AED 36,000 a yearNew contract, March 2020: AED 24,000 a yearNew contract, March 2022: AED 25,000 a yearNew contract, March 2025: AED 33,000 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 615 sits

All 193 studios →

615 last sold in December 2016 at AED 731 per sqft, 28% below what studios in Silicon Gates 4 were fetching at the time (AED 1,009). 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. 615's AED 33,000 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 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

615, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 12 December 2016 for AED 250,000, or AED 731 per sqft.
  • Rented since February 2018 on 4 Ejari contracts. The rent fell from AED 36,000 to AED 24,000 in 2020 and recovered to AED 33,000 by March 2025.
  • At AED 33,000 a year the gross yield on the 2016 price is 13.2%, before a service charge of about AED 4,000 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 10 March 2025.

Questions about 615, Silicon Gates 4

What did unit 615 last sell for?

AED 250,000 on 12 December 2016, sold by the developer: AED 731 per sqft for 342 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 33,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2022, was AED 25,000; the unit has been rented since February 2018.

How big is unit 615?

342 sqft (31.8 sqm): a studio on the 6th floor of a 8-storey tower completed in 2015.

What is unit 615 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 615, Silicon Gates 4

Starts from the last sale price (AED 250K, 12 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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