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Studio · 354 sqftSilicon Gates 4, Dubai Silicon Oasis · 4th floor · completed 2015

423, 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 423 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 380K4 January 2017
Current rentAED 38K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Silicon Gates 4

What is 423 worth today?

Last sold for AED 379,518 in 2017

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1 May 2025RentedNew contract
AED 38,000/yr12 months · AED 107 per sqft
20 Mar 2024RentedRenewal
AED 28,600/yr12 months · AED 81 per sqft
20 Mar 2023RentedNew contract
AED 26,000/yr12 months · AED 74 per sqft
23 Feb 2022RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft
23 Feb 2021RentedRenewal
AED 22,000/yr12 months · AED 62 per sqft
23 Feb 2020RentedNew contract
AED 25,000/yr12 months · AED 70 per sqft
1 Mar 2017RentedNew contract
AED 38,000/yr12 months · AED 107 per sqft
4 Jan 2017Sold by developerOff-plan
AED 379,518AED 1,072 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
354 sqft
Floor
4th of 8
Parking
B2-15
Developer
Time Properties
Completed
2015
Service charge
AED 4,100 /yr
Last sold
AED 380K · January 2017
Building
Silicon Gates 4

About 423, Silicon Gates 4

423 is a studio of 354 sqft on the 4th 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 379,518, or AED 1,072 per sqft, 15% above the AED 930 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 May 2025, is AED 38,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 4,100 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 2017: AED 379,518 (AED 1,072 per sqft)

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

Rents
Unit 423, 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, March 2017: AED 38,000 a yearNew contract, February 2020: AED 25,000 a yearRenewal, February 2021: AED 22,000 a yearNew contract, February 2022: AED 24,000 a yearNew contract, March 2023: AED 26,000 a yearRenewal, March 2024: AED 28,600 a yearNew contract, May 2025: AED 38,000 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 423 sits

All 186 studios →

423 last sold in January 2017 at AED 1,072 per sqft, 15% 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. 423's AED 38,000 is in the upper 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
8.7%
Silicon Gates 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 4th floor

All 297 units in Silicon Gates 4
Value
401StudioAED 307K · May 2016
402StudioAED 352K · Sep 2015
403StudioAED 323K · Nov 2016
404AED 400K · Sep 2025
4051-bedAED 544K · Dec 2016
407StudioAED 310K · Nov 2023
408StudioAED 425K · Aug 2017
1–7 of 37

423, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 4 January 2017 for AED 379,518, or AED 1,072 per sqft.
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 22,000 in 2021 and recovered to AED 38,000 by May 2025.
  • At AED 38,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 4,100 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 1 May 2025.

Questions about 423, Silicon Gates 4

What did unit 423 last sell for?

AED 379,518 on 4 January 2017, sold by the developer: AED 1,072 per sqft for 354 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 38,000 a year on the contract signed on 1 May 2025. The previous contract, from March 2024, was AED 28,600; the unit has been rented since March 2017.

How big is unit 423?

354 sqft (32.9 sqm): a studio on the 4th floor of a 8-storey tower completed in 2015.

What is unit 423 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 423, Silicon Gates 4

Starts from the last sale price (AED 380K, 4 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 379,518
Deposit, UAE resident (20%)
AED 75,904
Deposit, non-resident (40%)
AED 151,807
Monthly over 25 years at 3.7%
AED 1,553

Plus AED 18,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →