1-bed · 796 sqftArabian Gate, Dubai Silicon Oasis · 6th floor · completed 2020

623, Arabian Gate

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 604K22 May 2023
Current rentAED 55K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Arabian Gate

What is 623 worth today?

Last sold for AED 604,000 in 2023

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1 Oct 2025RentedRenewal
AED 55,000/yr12 months · AED 69 per sqft
1 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
1 Oct 2023RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
22 May 2023SoldReady
AED 604,000AED 758 per sqft
25 Dec 2022RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
25 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
24 Dec 2019Sold by developerOff-plan
AED 548,977AED 689 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
6th of 14
Parking
B1-37
Developer
Time Properties
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 604K · May 2023
Building
Arabian Gate

About 623, Arabian Gate

623 is a one-bedroom apartment of 796 sqft on the 6th floor of Arabian Gate, a 14-storey tower in Dubai Silicon Oasis completed in 2020 by Time Properties. It last sold on 22 May 2023 for AED 604,000, or AED 758 per sqft, 11% above the AED 683 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 55,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 8,600 a year.

Sales and rents for 623 over time

Sales
Unit 623, each saleTypical one-bed in Arabian Gate
600K800K2016201920222025Typical sale price by year: 2016 AED 601,015; 2017 AED 609,421; 2018 AED 643,596; 2019 AED 551,671; 2020 AED 555,111; 2021 AED 559,846; 2022 AED 604,993; 2023 AED 600,000; 2024 AED 700,000; 2025 AED 807,500; 2026 AED 900,000Sold by developer, December 2019: AED 548,977 (AED 689 per sqft)Sold, May 2023: AED 604,000 (AED 758 per sqft)

623 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 623, each contractTypical one-bed in Arabian Gate
40K60K2020202220242026Typical rent by year: 2020 AED 37,000; 2021 AED 38,000; 2022 AED 40,000; 2023 AED 45,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 65,000New contract, December 2020: AED 38,000 a yearRenewal, December 2022: AED 40,000 a yearNew contract, October 2023: AED 55,000 a yearNew contract, October 2024: AED 55,000 a yearRenewal, October 2025: AED 55,000 a year

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

1-beds in Arabian Gate, and where 623 sits

All 191 1-beds →

623 last sold in May 2023 at AED 758 per sqft, 11% above what one-beds in Arabian Gate were fetching at the time (AED 683). Over the last 12 months one-beds sold for AED 600,000 to 950,000, around AED 1,146 per sqft, and rent for AED 14,250 to 80,000 a year. 623's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 2026850,000
29 Jan 2026900,000
5 Jan 2026900,000
26 Dec 2025950,000
8 1-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

623, Arabian Gate in numbers

  • Sold twice: first on 24 December 2019 for AED 548,977, last on 22 May 2023 for AED 604,000 (AED 758 per sqft).
  • Rented since December 2020 on 5 Ejari contracts, from AED 38,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 8,600 a year (AED 10.81 per sqft).
  • One-beds in Arabian Gate sold for AED 600,000–950,000 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 October 2025.

Questions about 623, Arabian Gate

What did unit 623 last sell for?

AED 604,000 on 22 May 2023: AED 758 per sqft for 796 sqft. The unit has 2 registered sales; the first was AED 548,977 in December 2019.

What is the rent for unit 623?

AED 55,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 55,000; the unit has been rented since December 2020.

How big is unit 623?

796 sqft (74.0 sqm): a one-bedroom apartment on the 6th floor of a 14-storey tower completed in 2020.

What is unit 623 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Arabian Gate sold for AED 600,000 to 950,000 in the last 12 months, around AED 1,146 per sqft.

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Mortgage on 623, Arabian Gate

Starts from the last sale price (AED 604K, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 604,000
Deposit, UAE resident (20%)
AED 120,800
Deposit, non-resident (40%)
AED 241,600
Monthly over 25 years at 3.7%
AED 2,471

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