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Studio · 337 sqftArabian Gate, Dubai Silicon Oasis · 12th floor · completed 2020

1242, Arabian Gate

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1242 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 318K22 January 2018
Current rentAED 38K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1242, Arabian Gate

What is 1242 worth today?

Last sold for AED 318,347 in 2018

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1 Aug 2025RentedRenewal
AED 38,000/yr12 months · AED 114 per sqft
1 Aug 2024RentedRenewal
AED 34,000/yr12 months · AED 102 per sqft
1 Aug 2024RentedRenewal
AED 34,000/yr12 months · AED 99 per sqft
1 Aug 2023RentedNew contract
AED 30,000/yr12 months · AED 87 per sqft
1 Aug 2022RentedNew contract
AED 26,500/yr12 months · AED 78 per sqft
15 Jan 2022RentedNew contract
AED 22,000/yr12 months · AED 64 per sqft
20 Dec 2020RentedNew contract
AED 15,000/yr12 months · AED 44 per sqft
22 Jan 2018Sold by developerOff-plan
AED 318,347AED 945 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
Studio apartment
Size
337 sqft
Floor
12th of 14
Parking
B2-206
Developer
Time Properties
Completed
2020
Service charge
AED 3,600 /yr
Last sold
AED 318K · January 2018
Building
Arabian Gate

About 1242, Arabian Gate

1242 is a studio of 337 sqft on the 12th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 22 January 2018 for AED 318,347, or AED 945 per sqft, in line with the AED 927 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 38,000 a year: a gross yield of 11.9% on the 2018 price, before the service charge of about AED 3,600 a year.

Sales and rents for 1242 over time

Sales
Unit 1242, 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, January 2018: AED 318,347 (AED 945 per sqft)

1242 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1242, each contractTypical studio in Arabian Gate
20K40K2020202220242026Typical 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 41,000New contract, December 2020: AED 15,000 a yearNew contract, January 2022: AED 22,000 a yearNew contract, August 2022: AED 26,500 a yearNew contract, August 2023: AED 30,000 a yearRenewal, August 2024: AED 34,000 a yearRenewal, August 2024: AED 34,000 a yearRenewal, August 2025: AED 38,000 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 1242 sits

All 348 studios →

1242 last sold in January 2018 at AED 945 per sqft, in line with what studios in Arabian Gate were fetching at the time (AED 927). 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. 1242's AED 38,000 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 12th floor

All 704 units in Arabian Gate
Value
1201StudioAED 340K · Jan 2023
1202StudioAED 420K · Apr 2018
1203StudioAED 423K · Apr 2018
1204StudioAED 410K · Jan 2024
1205StudioAED 376K · Nov 2019
1206StudioAED 460K · Dec 2024
12072-bedAED 835K · Aug 2021
1–7 of 48

1242, Arabian Gate in numbers

  • Sold once: by Time Properties on 22 January 2018 for AED 318,347, or AED 945 per sqft.
  • Rented since December 2020 on 7 Ejari contracts, from AED 15,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 11.9%, before a service charge of about AED 3,600 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 1 August 2025.

Questions about 1242, Arabian Gate

What did unit 1242 last sell for?

AED 318,347 on 22 January 2018, sold by the developer: AED 945 per sqft for 337 sqft. It is the only registered sale of the unit.

What is the rent for unit 1242?

AED 38,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 34,000; the unit has been rented since December 2020.

How big is unit 1242?

337 sqft (31.3 sqm): a studio on the 12th floor of a 14-storey tower completed in 2020.

What is unit 1242 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 1242, Arabian Gate

Starts from the last sale price (AED 318K, 22 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 318,347
Deposit, UAE resident (20%)
AED 63,669
Deposit, non-resident (40%)
AED 127,339
Monthly over 25 years at 3.7%
AED 1,302

Plus AED 16,281 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →