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Studio · 442 sqftArabian Gate, Dubai Silicon Oasis · 2nd floor · completed 2020

244, Arabian Gate

Sold prices and rental history: sold once, by the developer in December 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 244 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 397K24 December 2017
Current rentAED 42K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 244, Arabian Gate

What is 244 worth today?

Last sold for AED 397,365 in 2017

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1 May 2025RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft
20 Mar 2022RentedNew contract
AED 28,000/yr12 months · AED 61 per sqft
1 Nov 2020RentedNew contract
AED 25,000/yr12 months · AED 54 per sqft
24 Dec 2017Sold by developerOff-plan
AED 397,365AED 899 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
2nd of 14
Parking
B3-83
Developer
Time Properties
Completed
2020
Service charge
AED 4,800 /yr
Last sold
AED 397K · December 2017
Building
Arabian Gate

About 244, Arabian Gate

244 is a studio of 442 sqft on the 2nd floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 24 December 2017 for AED 397,365, or AED 899 per sqft, 3% below the AED 927 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 May 2025, is AED 42,000 a year: a gross yield of 10.6% on the 2017 price, before the service charge of about AED 4,800 a year.

Sales and rents for 244 over time

Sales
Unit 244, each saleTypical studio in Arabian Gate
400K500K2016201920222025Typical 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, December 2017: AED 397,365 (AED 899 per sqft)

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

Rents
Unit 244, 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 41,000New contract, November 2020: AED 25,000 a yearNew contract, March 2022: AED 28,000 a yearNew contract, May 2025: AED 42,000 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 244 sits

All 348 studios →

244 last sold in December 2017 at AED 899 per sqft, 3% below 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. 244's AED 42,000 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 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

244, Arabian Gate in numbers

  • Sold once: by Time Properties on 24 December 2017 for AED 397,365, or AED 899 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 25,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2017 price is 10.6%, before a service charge of about AED 4,800 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 May 2025.

Questions about 244, Arabian Gate

What did unit 244 last sell for?

AED 397,365 on 24 December 2017, sold by the developer: AED 899 per sqft for 442 sqft. It is the only registered sale of the unit.

What is the rent for unit 244?

AED 42,000 a year on the contract signed on 1 May 2025. The previous contract, from March 2022, was AED 28,000; the unit has been rented since November 2020.

How big is unit 244?

442 sqft (41.1 sqm): a studio on the 2nd floor of a 14-storey tower completed in 2020.

What is unit 244 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 244, Arabian Gate

Starts from the last sale price (AED 397K, 24 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 397,365
Deposit, UAE resident (20%)
AED 79,473
Deposit, non-resident (40%)
AED 158,946
Monthly over 25 years at 3.7%
AED 1,626

Plus AED 19,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →