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1-bed · 570 sqftSilicon Gates 4, Dubai Silicon Oasis · 2nd floor · completed 2015

240, Silicon Gates 4

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 240 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 470K2 October 2024
Current rentAED 49K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 240, Silicon Gates 4

What is 240 worth today?

Last sold for AED 470,000 in 2024

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12 Sep 2025RentedNew contract
AED 49,000/yr12 months · AED 86 per sqft
2 Oct 2024SoldReady
AED 470,000AED 824 per sqft
15 Apr 2024RentedNew contract
AED 43,000/yr12 months · AED 75 per sqft
1 Mar 2023RentedRenewal
AED 28,050/yr12 months · AED 49 per sqft
15 Feb 2022RentedRenewal
AED 25,500/yr12 months · AED 45 per sqft
15 Feb 2021RentedNew contract
AED 24,500/yr12 months · AED 43 per sqft
10 Mar 2020RentedNew contract
AED 32,000/yr12 months · AED 56 per sqft
25 Jan 2017Sold by developerReady
AED 550,654AED 965 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
1-bed apartment
Size
570 sqft
Floor
2nd of 8
Parking
G-72
Developer
Time Properties
Completed
2015
Service charge
AED 6,600 /yr
Last sold
AED 470K · October 2024
Building
Silicon Gates 4

About 240, Silicon Gates 4

240 is a one-bedroom apartment of 570 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 2 October 2024 for AED 470,000, or AED 824 per sqft, 7% above the AED 769 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 12 September 2025, is AED 49,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for 240 over time

Sales
Unit 240, each saleTypical one-bed in Silicon Gates 4
400K600K2015201820212024Typical sale price by year: 2015 AED 615,000; 2016 AED 590,804; 2017 AED 525,980; 2018 AED 475,000; 2020 AED 340,000; 2021 AED 340,000; 2022 AED 369,195; 2023 AED 375,000; 2024 AED 450,000; 2025 AED 540,000Sold by developer, January 2017: AED 550,654 (AED 965 per sqft)Sold, October 2024: AED 470,000 (AED 824 per sqft)

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

Rents
Unit 240, each contractTypical one-bed in Silicon Gates 4
20K40K60K2016201920222025Typical rent by year: 2016 AED 55,000; 2017 AED 54,000; 2018 AED 46,000; 2019 AED 39,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 36,000; 2024 AED 44,000; 2025 AED 48,150; 2026 AED 46,000New contract, March 2020: AED 32,000 a yearNew contract, February 2021: AED 24,500 a yearRenewal, February 2022: AED 25,500 a yearRenewal, March 2023: AED 28,050 a yearNew contract, April 2024: AED 43,000 a yearNew contract, September 2025: AED 49,000 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 Silicon Gates 4, and where 240 sits

All 91 1-beds →

240 last sold in October 2024 at AED 824 per sqft, 7% above what one-beds in Silicon Gates 4 were fetching at the time (AED 769). Over the last 12 months one-beds sold for AED 660,000, around AED 1,013 per sqft, and rent for AED 40,000 to 65,000 a year. 240's AED 49,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 2026660,000
13 Jun 2025540,000
4 Jun 2025500,000
30 May 2025510,000
1 1-bed sale 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
8.7%
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

240, Silicon Gates 4 in numbers

  • Sold twice: first on 25 January 2017 for AED 550,654, last on 2 October 2024 for AED 470,000 (AED 824 per sqft).
  • Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 24,500 in 2021 and recovered to AED 49,000 by September 2025.
  • At AED 49,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 6,600 a year (AED 11.58 per sqft).
  • One-beds in Silicon Gates 4 sold for AED 660,000–660,000 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 12 September 2025.

Questions about 240, Silicon Gates 4

What did unit 240 last sell for?

AED 470,000 on 2 October 2024: AED 824 per sqft for 570 sqft. The unit has 2 registered sales; the first was AED 550,654 in January 2017.

What is the rent for unit 240?

AED 49,000 a year on the contract signed on 12 September 2025. The previous contract, from April 2024, was AED 43,000; the unit has been rented since March 2020.

How big is unit 240?

570 sqft (53.0 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 240 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 4 sold for AED 660,000 to 660,000 in the last 12 months, around AED 1,013 per sqft.

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Mortgage on 240, Silicon Gates 4

Starts from the last sale price (AED 470K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →