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Studio · 323 sqftSilicon Gates 4, Dubai Silicon Oasis · 7th floor · completed 2015

724, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 216K4 January 2017
Current rentAED 34K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 724, Silicon Gates 4

What is 724 worth today?

Last sold for AED 215,978 in 2017

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10 Oct 2025RentedRenewal
AED 33,600/yr12 months · AED 104 per sqft
20 Sep 2022RentedNew contract
AED 24,000/yr12 months · AED 74 per sqft
20 Sep 2021RentedNew contract
AED 19,000/yr12 months · AED 59 per sqft
10 May 2021RentedNew contract
AED 19,000/yr12 months · AED 59 per sqft
10 Feb 2019RentedNew contract
AED 28,000/yr12 months · AED 87 per sqft
4 Jan 2017Sold by developerOff-plan
AED 215,978AED 669 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
323 sqft
Floor
7th of 8
Parking
B1-16
Developer
Time Properties
Completed
2015
Service charge
AED 3,700 /yr
Last sold
AED 216K · January 2017
Building
Silicon Gates 4

About 724, Silicon Gates 4

724 is a studio of 323 sqft on the 7th 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 215,978, or AED 669 per sqft, 28% below the AED 930 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 33,600 a year: a gross yield of 15.6% on the 2017 price, before the service charge of about AED 3,700 a year.

Sales and rents for 724 over time

Sales
Unit 724, 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 215,978 (AED 669 per sqft)

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

Rents
Unit 724, 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, February 2019: AED 28,000 a yearNew contract, May 2021: AED 19,000 a yearNew contract, September 2021: AED 19,000 a yearNew contract, September 2022: AED 24,000 a yearRenewal, October 2025: AED 33,600 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 724 sits

All 186 studios →

724 last sold in January 2017 at AED 669 per sqft, 28% below 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. 724's AED 33,600 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 7th floor

All 297 units in Silicon Gates 4
Value
701StudioAED 295K · Nov 2023
702StudioAED 365K · May 2017
703StudioAED 360K · Sep 2024
704AED 400K · Oct 2025
7051-bedAED 580K · Nov 2016
7061-bedAED 480K · Nov 2017
707StudioAED 260K · Sep 2019
1–7 of 39

724, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 4 January 2017 for AED 215,978, or AED 669 per sqft.
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 28,000 to AED 19,000 in 2021 and recovered to AED 33,600 by October 2025.
  • At AED 33,600 a year the gross yield on the 2017 price is 15.6%, 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 10 October 2025.

Questions about 724, Silicon Gates 4

What did unit 724 last sell for?

AED 215,978 on 4 January 2017, sold by the developer: AED 669 per sqft for 323 sqft. It is the only registered sale of the unit.

What is the rent for unit 724?

AED 33,600 a year on the contract renewed on 10 October 2025. The previous contract, from September 2022, was AED 24,000; the unit has been rented since February 2019.

How big is unit 724?

323 sqft (30.0 sqm): a studio on the 7th floor of a 8-storey tower completed in 2015.

What is unit 724 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 724, Silicon Gates 4

Starts from the last sale price (AED 216K, 4 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 215,978
Deposit, UAE resident (20%)
AED 43,196
Deposit, non-resident (40%)
AED 86,391
Monthly over 25 years at 3.7%
AED 884

Plus AED 11,981 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →