Studio · 306 sqftSilicon Gates 4, Dubai Silicon Oasis · 8th floor · completed 2015

824, Silicon Gates 4

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 824 · DLD and Ejari recordsUpdated 6 August 2023
Last soldAED 360K16 July 2017
Current rentAED 28K /yr6 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 824, Silicon Gates 4

What is 824 worth today?

Last sold for AED 360,000 in 2017

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6 Aug 2023RentedNew contract
AED 28,000/yr12 months · AED 91 per sqft
10 May 2023RentedNew contract
AED 27,000/yr12 months · AED 88 per sqft
12 May 2022RentedNew contract
AED 24,000/yr12 months · AED 80 per sqft
5 Jun 2021RentedNew contract
AED 17,000/yr12 months · AED 56 per sqft
5 May 2019RentedNew contract
AED 25,000/yr12 months · AED 83 per sqft
16 Jul 2017SoldReady
AED 360,000AED 1,175 per sqft
2 Feb 2017Sold by developerReady
AED 190,385AED 621 per sqft

Source: Dubai Land Department. Updated 6 August 2023.

Key facts

Type
Studio apartment
Size
306 sqft
Floor
8th of 8
Parking
B1-36
Developer
Time Properties
Completed
2015
Service charge
AED 3,500 /yr
Last sold
AED 360K · July 2017

About 824, Silicon Gates 4

824 is a studio of 306 sqft on the 8th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 16 July 2017 for AED 360,000, or AED 1,175 per sqft, 27% above the AED 926 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 6 August 2023, is AED 28,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 3,500 a year.

Sales and rents for 824 over time

Sales
Unit 824, 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, February 2017: AED 190,385 (AED 621 per sqft)Sold, July 2017: AED 360,000 (AED 1,175 per sqft)

824 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 824, each contractTypical studio in Silicon Gates 4
20K40K2016201920222025Typical 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, May 2019: AED 25,000 a yearNew contract, June 2021: AED 17,000 a yearNew contract, May 2022: AED 24,000 a yearNew contract, May 2023: AED 27,000 a yearNew contract, August 2023: AED 28,000 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 824 sits

All 193 studios →

824 last sold in July 2017 at AED 1,175 per sqft, 27% above what studios in Silicon Gates 4 were fetching at the time (AED 926). 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. 824's AED 28,000 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 8th floor

All 297 units in Silicon Gates 4
Value
801StudioAED 348K · Nov 2024
802StudioAED 360K · Aug 2018
803StudioAED 300K · Aug 2023
804StudioAED 370K · Mar 2025
8051-bedAED 620K · Dec 2016
8061-bedAED 355K · Apr 2021
807StudioAED 208K · Sep 2015
1–7 of 33

824, Silicon Gates 4 in numbers

  • Sold twice: first on 2 February 2017 for AED 190,385, last on 16 July 2017 for AED 360,000 (AED 1,175 per sqft).
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 25,000 to AED 17,000 in 2021 and recovered to AED 28,000 by August 2023.
  • At AED 28,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 3,500 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 6 August 2023.

Questions about 824, Silicon Gates 4

What did unit 824 last sell for?

AED 360,000 on 16 July 2017: AED 1,175 per sqft for 306 sqft. The unit has 2 registered sales; the first was AED 190,385 in February 2017.

What is the rent for unit 824?

AED 28,000 a year on the contract signed on 6 August 2023. The previous contract, from May 2023, was AED 27,000; the unit has been rented since May 2019.

How big is unit 824?

306 sqft (28.4 sqm): a studio on the 8th floor of a 8-storey tower completed in 2015.

What is unit 824 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 824, Silicon Gates 4

Starts from the last sale price (AED 360K, 16 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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