Studio · 347 sqftSilicon Gates 4, Dubai Silicon Oasis · 2nd floor · completed 2015

229, Silicon Gates 4

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 400K27 March 2017
Current rentAED 30K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 229, Silicon Gates 4

What is 229 worth today?

Last sold for AED 400,000 in 2017

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5 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 87 per sqft
5 Sep 2022RentedNew contract
AED 28,000/yr12 months · AED 81 per sqft
5 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
15 Dec 2019RentedRenewal
AED 30,000/yr12 months · AED 87 per sqft
15 Dec 2018RentedNew contract
AED 34,000/yr12 months · AED 99 per sqft
1 Oct 2017RentedNew contract
AED 40,000/yr12 months · AED 116 per sqft
27 Mar 2017SoldReady
AED 400,000AED 1,151 per sqft
28 Jan 2017RentedNew contract
AED 45,000/yr12 months · AED 131 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
2nd of 8
Parking
B2-05
Developer
Time Properties
Completed
2015
Service charge
AED 4,000 /yr
Last sold
AED 400K · March 2017

About 229, Silicon Gates 4

229 is a studio of 347 sqft on the 2nd floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 27 March 2017 for AED 400,000, or AED 1,151 per sqft, 26% above the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 September 2023, is AED 30,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 4,000 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical studio in Silicon Gates 4
200K300K400K2015201820212024Typical sale price by year: 2015 AED 308,940; 2016 AED 323,453; 2017 AED 297,493; 2018 AED 310,000; 2019 AED 275,000; 2020 AED 245,000; 2021 AED 200,000; 2022 AED 240,000; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 360,000Sold by developer, January 2016: AED 322,992 (AED 929 per sqft)Sold, March 2017: AED 400,000 (AED 1,151 per sqft)

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

Rents
Unit 229, each contractTypical studio in Silicon Gates 4
20K40K2016201920222025Typical rent by year: 2016 AED 39,786; 2017 AED 36,000; 2018 AED 31,000; 2019 AED 25,000; 2020 AED 21,000; 2021 AED 19,000; 2022 AED 23,000; 2023 AED 27,000; 2024 AED 31,500; 2025 AED 34,000; 2026 AED 40,000New contract, January 2017: AED 45,000 a yearNew contract, October 2017: AED 40,000 a yearNew contract, December 2018: AED 34,000 a yearRenewal, December 2019: AED 30,000 a yearNew contract, September 2021: AED 24,000 a yearNew contract, September 2022: AED 28,000 a yearRenewal, September 2023: AED 30,000 a year

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

Studios in Silicon Gates 4, and where 229 sits

All 186 studios →

229 last sold in March 2017 at AED 1,151 per sqft, 26% above what studios in Silicon Gates 4 were fetching at the time (AED 914). Over the last 12 months studios sold for AED 410,000 to 450,000, around AED 1,297 per sqft, and rent for AED 27,930 to 48,000 a year. 229's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026450,000
23 Jan 2026410,000
10 Jul 2025390,000
24 Jun 2025350,000
2 studio sales in the last 12 months

Silicon Gates 4

Building

297 apartments, studios to 4-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Time Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,199
Typical sale
AED 450K
Typical rent
AED 40K /yr
Typical yield
8.9%
Silicon Gates 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 297 units in Silicon Gates 4
Value
201StudioAED 245K · Nov 2022
202StudioAED 390K · Oct 2024
203StudioAED 403K · Jan 2017
204StudioAED 276K · Jul 2017
2051-bedAED 526K · Jul 2017
2061-bedAED 529K · Jul 2017
207StudioAED 350K · Jun 2025
1–7 of 37

229, Silicon Gates 4 in numbers

  • Sold twice: first on 4 January 2016 for AED 322,992, last on 27 March 2017 for AED 400,000 (AED 1,151 per sqft).
  • Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 24,000 in 2021 and recovered to AED 30,000 by September 2023.
  • At AED 30,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 4,000 a year (AED 11.58 per sqft).
  • Studios in Silicon Gates 4 sold for AED 410,000–450,000 in the 12 months to November 2026; the building's median across all types is AED 1,199 per sqft.

Source: Dubai Land Department. Updated 5 September 2023.

Questions about 229, Silicon Gates 4

What did unit 229 last sell for?

AED 400,000 on 27 March 2017: AED 1,151 per sqft for 347 sqft. The unit has 2 registered sales; the first was AED 322,992 in January 2016.

What is the rent for unit 229?

AED 30,000 a year on the contract renewed on 5 September 2023. The previous contract, from September 2022, was AED 28,000; the unit has been rented since January 2017.

How big is unit 229?

347 sqft (32.2 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 4 sold for AED 410,000 to 450,000 in the last 12 months, around AED 1,297 per sqft.

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Mortgage on 229, Silicon Gates 4

Starts from the last sale price (AED 400K, 27 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →