Studio · 354 sqftSilicon Gates 4, Dubai Silicon Oasis · 7th floor · completed 2015

703, Silicon Gates 4

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 360K4 September 2024
Current rentAED 21K /yr27 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Silicon Gates 4

What is 703 worth today?

Last sold for AED 360,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Sep 2024SoldReady
AED 360,000AED 1,017 per sqft
13 Sep 2023SoldReady
AED 300,000AED 848 per sqft
27 Jul 2021RentedRenewal
AED 21,000/yr12 months · AED 59 per sqft
25 Jul 2020RentedNew contract
AED 21,000/yr12 months · AED 59 per sqft
20 Jul 2018RentedRenewal
AED 35,000/yr12 months · AED 99 per sqft
20 Jul 2017RentedNew contract
AED 37,000/yr12 months · AED 104 per sqft
4 Dec 2016Sold by developerOff-plan
AED 237,202AED 670 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
Studio apartment
Size
354 sqft
Floor
7th of 8
Parking
B1-112
Developer
Time Properties
Completed
2015
Service charge
AED 4,100 /yr
Last sold
AED 360K · September 2024

About 703, Silicon Gates 4

703 is a studio of 354 sqft on the 7th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 4 September 2024 for AED 360,000, or AED 1,017 per sqft, 8% above the AED 938 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 27 July 2021, is AED 21,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 4,100 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2016: AED 237,202 (AED 670 per sqft)Sold, September 2023: AED 300,000 (AED 848 per sqft)Sold, September 2024: AED 360,000 (AED 1,017 per sqft)

703 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 703, 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, July 2017: AED 37,000 a yearRenewal, July 2018: AED 35,000 a yearNew contract, July 2020: AED 21,000 a yearRenewal, July 2021: AED 21,000 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 703 sits

All 186 studios →

703 last sold in September 2024 at AED 1,017 per sqft, 8% above what studios in Silicon Gates 4 were fetching at the time (AED 938). 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. 703's AED 21,000 is at the bottom 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 7th floor

All 297 units in Silicon Gates 4
Value
701StudioAED 295K · Nov 2023
702StudioAED 365K · May 2017
704AED 400K · Oct 2025
7051-bedAED 580K · Nov 2016
7061-bedAED 480K · Nov 2017
707StudioAED 260K · Sep 2019
708StudioAED 305K · Mar 2019
1–7 of 39

703, Silicon Gates 4 in numbers

  • Sold 3 times: first on 4 December 2016 for AED 237,202, last on 4 September 2024 for AED 360,000 (AED 1,017 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 37,000 to AED 21,000 a year.
  • At AED 21,000 a year the gross yield on the 2024 price is 5.8%, 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 4 September 2024.

Questions about 703, Silicon Gates 4

What did unit 703 last sell for?

AED 360,000 on 4 September 2024: AED 1,017 per sqft for 354 sqft. The unit has 3 registered sales; the first was AED 237,202 in December 2016.

What is the rent for unit 703?

AED 21,000 a year on the contract renewed on 27 July 2021. The previous contract, from July 2020, was AED 21,000; the unit has been rented since July 2017.

How big is unit 703?

354 sqft (32.9 sqm): a studio on the 7th floor of a 8-storey tower completed in 2015.

What is unit 703 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.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Silicon Gates 4

Starts from the last sale price (AED 360K, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →