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Studio · 323 sqftSilicon Gates 4, Dubai Silicon Oasis · 3rd floor · completed 2015

324, Silicon Gates 4

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

Unit 324 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 347K4 January 2017
Current rentAED 31K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 324, Silicon Gates 4

What is 324 worth today?

Last sold for AED 347,213 in 2017

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25 Jun 2024RentedRenewal
AED 30,800/yr12 months · AED 95 per sqft
1 Jun 2022RentedNew contract
AED 24,000/yr12 months · AED 74 per sqft
1 Jun 2021RentedNew contract
AED 21,000/yr12 months · AED 65 per sqft
21 Dec 2019RentedNew contract
AED 24,000/yr12 months · AED 74 per sqft
1 Jul 2018RentedNew contract
AED 32,000/yr12 months · AED 99 per sqft
26 Apr 2017RentedNew contract
AED 35,000/yr12 months · AED 108 per sqft
4 Jan 2017Sold by developerOff-plan
AED 347,213AED 1,075 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
Studio apartment
Size
323 sqft
Floor
3rd of 8
Parking
B2-16
Developer
Time Properties
Completed
2015
Service charge
AED 3,700 /yr
Last sold
AED 347K · January 2017
Building
Silicon Gates 4

About 324, Silicon Gates 4

324 is a studio of 323 sqft on the 3rd floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. The developer sold it on 4 January 2017 for AED 347,213, or AED 1,075 per sqft, 16% above the AED 930 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 June 2024, is AED 30,800 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 3,700 a year.

Sales and rents for 324 over time

Sales
Unit 324, each saleTypical studio in Silicon Gates 4
200K300K2015201820212024Typical 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 2017: AED 347,213 (AED 1,075 per sqft)

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

Rents
Unit 324, each contractTypical studio in Silicon Gates 4
20K30K40K2016201920222025Typical 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, April 2017: AED 35,000 a yearNew contract, July 2018: AED 32,000 a yearNew contract, December 2019: AED 24,000 a yearNew contract, June 2021: AED 21,000 a yearNew contract, June 2022: AED 24,000 a yearRenewal, June 2024: AED 30,800 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 324 sits

All 186 studios →

324 last sold in January 2017 at AED 1,075 per sqft, 16% above what studios in Silicon Gates 4 were fetching at the time (AED 930). 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. 324's AED 30,800 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 3rd floor

All 297 units in Silicon Gates 4
Value
301StudioAED 368K · May 2016
302StudioAED 302K · Jul 2017
303StudioAED 310K · Oct 2023
304StudioAED 331K · Oct 2016
3051-bedAED 475K · Apr 2018
307StudioAED 336K · Dec 2016
308StudioAED 350K · May 2017
1–7 of 36

324, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 4 January 2017 for AED 347,213, or AED 1,075 per sqft.
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 21,000 in 2021 and recovered to AED 30,800 by June 2024.
  • At AED 30,800 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 3,700 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 25 June 2024.

Questions about 324, Silicon Gates 4

What did unit 324 last sell for?

AED 347,213 on 4 January 2017, sold by the developer: AED 1,075 per sqft for 323 sqft. It is the only registered sale of the unit.

What is the rent for unit 324?

AED 30,800 a year on the contract renewed on 25 June 2024. The previous contract, from June 2022, was AED 24,000; the unit has been rented since April 2017.

How big is unit 324?

323 sqft (30.0 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 324 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 324, Silicon Gates 4

Starts from the last sale price (AED 347K, 4 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 347,213
Deposit, UAE resident (20%)
AED 69,443
Deposit, non-resident (40%)
AED 138,885
Monthly over 25 years at 3.7%
AED 1,421

Plus AED 17,493 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →