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2-bed · 1,172 sqftArabian Gate, Dubai Silicon Oasis · 6th floor · completed 2020

621, Arabian Gate

Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 621 · DLD and Ejari recordsUpdated 21 February 2023
Last soldAED 751K4 January 2022
Current rentAED 70K /yr21 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 621, Arabian Gate

What is 621 worth today?

Last sold for AED 750,656 in 2022

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21 Feb 2023RentedNew contract
AED 70,000/yr12 months · AED 60 per sqft
1 Feb 2022RentedNew contract
AED 56,000/yr12 months · AED 48 per sqft
4 Jan 2022Sold by developerReady
AED 750,656AED 640 per sqft

Source: Dubai Land Department. Updated 21 February 2023.

Key facts

Type
2-bed apartment
Size
1,172 sqft
Floor
6th of 14
Parking
B2-43
Developer
Time Properties
Completed
2020
Service charge
AED 12,700 /yr
Last sold
AED 751K · January 2022
Building
Arabian Gate

About 621, Arabian Gate

621 is a two-bedroom apartment of 1,172 sqft on the 6th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. The developer sold it on 4 January 2022 for AED 750,656, or AED 640 per sqft, 5% below the AED 671 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 21 February 2023, is AED 70,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 621 over time

Sales
Unit 621, each saleTypical two-bed in Arabian Gate
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 1,041,673; 2019 AED 935,468; 2020 AED 751,949; 2021 AED 880,000; 2022 AED 840,000; 2023 AED 850,000; 2024 AED 1,225,000Sold by developer, January 2022: AED 750,656 (AED 640 per sqft)

621 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 621, each contractTypical two-bed in Arabian Gate
60K80K2020202220242026Typical rent by year: 2020 AED 53,000; 2021 AED 55,000; 2022 AED 61,600; 2023 AED 74,792; 2024 AED 80,000; 2025 AED 88,000; 2026 AED 87,500New contract, February 2022: AED 56,000 a yearNew contract, February 2023: AED 70,000 a year

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

2-beds in Arabian Gate, and where 621 sits

All 113 2-beds →

621 last sold in January 2022 at AED 640 per sqft, 5% below what two-beds in Arabian Gate were fetching at the time (AED 671). Over the last 12 months two-beds sold for AED 1,300,000 to 1,360,000, around AED 983 per sqft, and rent for AED 75,000 to 110,000 a year. 621's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,300,000
2 Jan 20261,360,000
9 Dec 20251,310,000
3 Jan 20251,400,000
3 2-bed 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 6th floor

All 704 units in Arabian Gate
Value
601StudioAED 355K · Mar 2016
602StudioAED 355K · Jul 2021
603StudioAED 346K · Nov 2020
604StudioAED 391K · Jan 2018
605StudioAED 403K · Apr 2016
606StudioAED 387K · Sep 2016
6072-bedAED 795K · Aug 2022
1–7 of 49

621, Arabian Gate in numbers

  • Sold once: by Time Properties on 4 January 2022 for AED 750,656, or AED 640 per sqft.
  • Rented since February 2022 on 2 Ejari contracts, from AED 56,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 12,700 a year (AED 10.81 per sqft).
  • Two-beds in Arabian Gate sold for AED 1,300,000–1,360,000 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 21 February 2023.

Questions about 621, Arabian Gate

What did unit 621 last sell for?

AED 750,656 on 4 January 2022, sold by the developer: AED 640 per sqft for 1,172 sqft. It is the only registered sale of the unit.

What is the rent for unit 621?

AED 70,000 a year on the contract signed on 21 February 2023. The previous contract, from February 2022, was AED 56,000.

How big is unit 621?

1,172 sqft (108.9 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 621 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Arabian Gate sold for AED 1,300,000 to 1,360,000 in the last 12 months, around AED 983 per sqft.

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Mortgage on 621, Arabian Gate

Starts from the last sale price (AED 751K, 4 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,656
Deposit, UAE resident (20%)
AED 150,131
Deposit, non-resident (40%)
AED 300,262
Monthly over 25 years at 3.7%
AED 3,071

Plus AED 36,537 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →