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1-bed · 666 sqftSilicon Gates 4, Dubai Silicon Oasis · 6th floor · completed 2015

620, Silicon Gates 4

Sold prices and rental history: sold twice, last in October 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 620 · DLD and Ejari recordsUpdated 15 October 2020
Last soldAED 550K24 October 2017
Current rentAED 28K /yr15 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 620, Silicon Gates 4

What is 620 worth today?

Last sold for AED 550,000 in 2017

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15 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
1 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 54 per sqft
10 Aug 2018RentedNew contract
AED 41,000/yr12 months · AED 61 per sqft
24 Oct 2017SoldReady
AED 550,000AED 826 per sqft
15 Dec 2016Sold by developerOff-plan
AED 630,377AED 947 per sqft

Source: Dubai Land Department. Updated 15 October 2020.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
6th of 8
Parking
G-33
Developer
Time Properties
Completed
2015
Service charge
AED 7,700 /yr
Last sold
AED 550K · October 2017
Building
Silicon Gates 4

About 620, Silicon Gates 4

620 is a one-bedroom apartment of 666 sqft on the 6th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 24 October 2017 for AED 550,000, or AED 826 per sqft, 6% below the AED 883 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 October 2020, is AED 28,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 7,700 a year.

Sales and rents for 620 over time

Sales
Unit 620, 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, December 2016: AED 630,377 (AED 947 per sqft)Sold, October 2017: AED 550,000 (AED 826 per sqft)

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

Rents
Unit 620, 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, August 2018: AED 41,000 a yearNew contract, October 2019: AED 36,000 a yearNew contract, October 2020: AED 28,000 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 620 sits

All 98 1-beds →

620 last sold in October 2017 at AED 826 per sqft, 6% below what one-beds in Silicon Gates 4 were fetching at the time (AED 883). 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. 620's AED 28,000 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 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

620, Silicon Gates 4 in numbers

  • Sold twice: first on 15 December 2016 for AED 630,377, last on 24 October 2017 for AED 550,000 (AED 826 per sqft).
  • Rented since August 2018 on 3 Ejari contracts, from AED 41,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2017 price is 5.1%, before a service charge of about AED 7,700 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 15 October 2020.

Questions about 620, Silicon Gates 4

What did unit 620 last sell for?

AED 550,000 on 24 October 2017: AED 826 per sqft for 666 sqft. The unit has 2 registered sales; the first was AED 630,377 in December 2016.

What is the rent for unit 620?

AED 28,000 a year on the contract signed on 15 October 2020. The previous contract, from October 2019, was AED 36,000; the unit has been rented since August 2018.

How big is unit 620?

666 sqft (61.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 620 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 620, Silicon Gates 4

Starts from the last sale price (AED 550K, 24 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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