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Studio · 341 sqftArabian Gate, Dubai Silicon Oasis · 2nd floor · completed 2020

242, Arabian Gate

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 242 · DLD and Ejari recordsUpdated 24 October 2025
Last soldAED 290K21 September 2022
Current rentAED 32K /yr24 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 242, Arabian Gate

What is 242 worth today?

Last sold for AED 290,000 in 2022

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24 Oct 2025RentedRenewal
AED 31,500/yr12 months · AED 91 per sqft
24 Oct 2024RentedRenewal
AED 30,000/yr12 months · AED 87 per sqft
24 Oct 2023RentedRenewal
AED 28,000/yr12 months · AED 81 per sqft
21 Sep 2022SoldReady
AED 290,000AED 851 per sqft
4 Apr 2022RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
17 Mar 2021RentedNew contract
AED 22,000/yr12 months · AED 64 per sqft
19 Jan 2017Sold by developerOff-plan
AED 316,293AED 939 per sqft

Source: Dubai Land Department. Updated 24 October 2025.

Key facts

Type
Studio apartment
Size
341 sqft
Floor
2nd of 14
Parking
B3-85
Developer
Time Properties
Completed
2020
Service charge
AED 3,700 /yr
Last sold
AED 290K · September 2022
Building
Arabian Gate

About 242, Arabian Gate

242 is a studio of 341 sqft on the 2nd floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. It last sold on 21 September 2022 for AED 290,000, or AED 851 per sqft, 16% above the AED 732 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 24 October 2025, is AED 31,500 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 3,700 a year.

Sales and rents for 242 over time

Sales
Unit 242, each saleTypical studio in Arabian Gate
400K2016201920222025Typical 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 2017: AED 316,293 (AED 939 per sqft)Sold, September 2022: AED 290,000 (AED 851 per sqft)

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

Rents
Unit 242, each contractTypical studio in Arabian Gate
20K30K40K2020202220242026Typical 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, March 2021: AED 22,000 a yearNew contract, April 2022: AED 24,000 a yearRenewal, October 2023: AED 28,000 a yearRenewal, October 2024: AED 30,000 a yearRenewal, October 2025: AED 31,500 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 242 sits

All 348 studios →

242 last sold in September 2022 at AED 851 per sqft, 16% above what studios in Arabian Gate were fetching at the time (AED 732). 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. 242's AED 31,500 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 2nd floor

All 704 units in Arabian Gate
Value
201StudioAED 250K · Nov 2020
202StudioAED 270K · Nov 2020
203StudioAED 340K · Aug 2021
204StudioAED 410K · Jan 2017
205StudioAED 376K · Nov 2019
206StudioAED 382K · Nov 2019
2072-bedAED 906K · Feb 2021
1–7 of 51

242, Arabian Gate in numbers

  • Sold twice: first on 19 January 2017 for AED 316,293, last on 21 September 2022 for AED 290,000 (AED 851 per sqft).
  • Rented since March 2021 on 5 Ejari contracts, from AED 22,000 to AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2022 price is 10.9%, before a service charge of about AED 3,700 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 24 October 2025.

Questions about 242, Arabian Gate

What did unit 242 last sell for?

AED 290,000 on 21 September 2022: AED 851 per sqft for 341 sqft. The unit has 2 registered sales; the first was AED 316,293 in January 2017.

What is the rent for unit 242?

AED 31,500 a year on the contract renewed on 24 October 2025. The previous contract, from October 2024, was AED 30,000; the unit has been rented since March 2021.

How big is unit 242?

341 sqft (31.7 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2020.

What is unit 242 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 242, Arabian Gate

Starts from the last sale price (AED 290K, 21 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

Plus AED 15,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →