Studio · 474 sqftArabian Gate, Dubai Silicon Oasis · 1st floor · completed 2020

116, Arabian Gate

Sold prices and rental history: sold once, by the developer in July 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 327K7 July 2020
Current rentAED 34K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Arabian Gate

What is 116 worth today?

Last sold for AED 326,909 in 2020

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14 Mar 2024RentedRenewal
AED 33,800/yr12 months · AED 70 per sqft
14 Mar 2023RentedRenewal
AED 33,800/yr12 months · AED 70 per sqft
7 Jul 2020Sold by developerOff-plan
AED 326,909AED 689 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
1st of 14
Parking
B3-173
Developer
Time Properties
Completed
2020
Service charge
AED 5,100 /yr
Last sold
AED 327K · July 2020
Building
Arabian Gate

About 116, Arabian Gate

116 is a studio of 474 sqft on the 1st floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 7 July 2020 for AED 326,909, or AED 689 per sqft, 19% below the AED 850 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 14 March 2024, is AED 33,800 a year: a gross yield of 10.3% on the 2020 price, before the service charge of about AED 5,100 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical studio in Arabian Gate
300K400K500K2016201920222025Typical sale price by year: 2016 AED 398,000; 2017 AED 421,935; 2018 AED 409,748; 2019 AED 379,008; 2020 AED 346,562; 2021 AED 355,000; 2022 AED 347,316; 2023 AED 371,000; 2024 AED 417,500; 2025 AED 485,000; 2026 AED 536,000Sold by developer, July 2020: AED 326,909 (AED 689 per sqft)

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

Rents
Unit 116, each contractTypical studio in Arabian Gate
30K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 25,000; 2022 AED 27,000; 2023 AED 32,000; 2024 AED 35,000; 2025 AED 40,000; 2026 AED 41,000Renewal, March 2023: AED 33,800 a yearRenewal, March 2024: AED 33,800 a year

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

Studios in Arabian Gate, and where 116 sits

All 348 studios →

116 last sold in July 2020 at AED 689 per sqft, 19% below what studios in Arabian Gate were fetching at the time (AED 850). Over the last 12 months studios sold for AED 450,000 to 625,000, around AED 1,141 per sqft, and rent for AED 23,500 to 66,000 a year. 116's AED 33,800 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Feb 2026536,000
4 Feb 2026540,000
22 Jan 2026625,000
12 Jan 2026575,000
11 studio sales in the last 12 months

Arabian Gate

Building

704 apartments, studios to 3-bed over 14 floors in Dubai Silicon Oasis, completed in 2020 by Time Properties. 22 sold in the last 12 months.

Typical price per sqft
AED 1,120 Up 8.8%
Typical sale
AED 610K
Typical rent
AED 49K /yr
Typical yield
7.6%
Arabian Gate, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 704 units in Arabian Gate
Value
101StudioAED 430K · Jan 2025
102StudioAED 330K · Jun 2023
103StudioAED 306K · Sep 2020
104StudioAED 354K · Nov 2021
105StudioAED 330K · Dec 2021
106StudioAED 450K · Nov 2024
1072-bedAED 795K · Nov 2022
1–7 of 51

116, Arabian Gate in numbers

  • Sold once: by Time Properties on 7 July 2020 for AED 326,909, or AED 689 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, at AED 33,800 a year.
  • At AED 33,800 a year the gross yield on the 2020 price is 10.3%, before a service charge of about AED 5,100 a year (AED 10.81 per sqft).
  • Studios in Arabian Gate sold for AED 450,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 1,120 per sqft.

Source: Dubai Land Department. Updated 14 March 2024.

Questions about 116, Arabian Gate

What did unit 116 last sell for?

AED 326,909 on 7 July 2020, sold by the developer: AED 689 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 33,800 a year on the contract renewed on 14 March 2024. The previous contract, from March 2023, was AED 33,800.

How big is unit 116?

474 sqft (44.0 sqm): a studio on the 1st floor of a 14-storey tower completed in 2020.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Arabian Gate sold for AED 450,000 to 625,000 in the last 12 months, around AED 1,141 per sqft.

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Mortgage on 116, Arabian Gate

Starts from the last sale price (AED 327K, 7 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 326,909
Deposit, UAE resident (20%)
AED 65,382
Deposit, non-resident (40%)
AED 130,764
Monthly over 25 years at 3.7%
AED 1,337

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