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1-bed · 654 sqftSilicon Gates 4, Dubai Silicon Oasis · 8th floor · completed 2015

823, Silicon Gates 4

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 823 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 380K4 December 2016
Current rentAED 42K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 823, Silicon Gates 4

What is 823 worth today?

Last sold for AED 379,880 in 2016

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1 Oct 2024RentedRenewal
AED 41,745/yr12 months · AED 64 per sqft
1 Oct 2023RentedRenewal
AED 37,950/yr12 months · AED 58 per sqft
1 Oct 2021RentedRenewal
AED 33,000/yr12 months · AED 50 per sqft
20 Sep 2020RentedRenewal
AED 35,000/yr12 months · AED 53 per sqft
7 Jul 2018RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
5 Jun 2017RentedNew contract
AED 51,000/yr12 months · AED 78 per sqft
4 Dec 2016Sold by developerOff-plan
AED 379,880AED 580 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
8th of 8
Parking
B2-65
Developer
Time Properties
Completed
2015
Service charge
AED 7,600 /yr
Last sold
AED 380K · December 2016
Building
Silicon Gates 4

About 823, Silicon Gates 4

823 is a one-bedroom apartment of 654 sqft on the 8th 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 December 2016 for AED 379,880, or AED 580 per sqft, 35% below the AED 897 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 41,745 a year: a gross yield of 11.0% on the 2016 price, before the service charge of about AED 7,600 a year.

Sales and rents for 823 over time

Sales
Unit 823, 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, December 2016: AED 379,880 (AED 580 per sqft)

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

Rents
Unit 823, each contractTypical one-bed in Silicon Gates 4
40K2016201920222025Typical 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, June 2017: AED 51,000 a yearNew contract, July 2018: AED 45,000 a yearRenewal, September 2020: AED 35,000 a yearRenewal, October 2021: AED 33,000 a yearRenewal, October 2023: AED 37,950 a yearRenewal, October 2024: AED 41,745 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 823 sits

All 91 1-beds →

823 last sold in December 2016 at AED 580 per sqft, 35% below what one-beds in Silicon Gates 4 were fetching at the time (AED 897). 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. 823's AED 41,745 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
8.9%
Silicon Gates 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 8th floor

All 297 units in Silicon Gates 4
Value
801StudioAED 348K · Nov 2024
802StudioAED 360K · Aug 2018
803StudioAED 300K · Aug 2023
804StudioAED 370K · Mar 2025
8051-bedAED 620K · Dec 2016
8061-bedAED 355K · Apr 2021
807StudioAED 208K · Sep 2015
1–7 of 33

823, Silicon Gates 4 in numbers

  • Sold once: by Time Properties on 4 December 2016 for AED 379,880, or AED 580 per sqft.
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 51,000 to AED 33,000 in 2021 and recovered to AED 41,745 by October 2024.
  • At AED 41,745 a year the gross yield on the 2016 price is 11.0%, before a service charge of about AED 7,600 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: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Questions about 823, Silicon Gates 4

What did unit 823 last sell for?

AED 379,880 on 4 December 2016, sold by the developer: AED 580 per sqft for 654 sqft. It is the only registered sale of the unit.

What is the rent for unit 823?

AED 41,745 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 37,950; the unit has been rented since June 2017.

How big is unit 823?

654 sqft (60.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2015.

What is unit 823 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 823, Silicon Gates 4

Starts from the last sale price (AED 380K, 4 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 379,880
Deposit, UAE resident (20%)
AED 75,976
Deposit, non-resident (40%)
AED 151,952
Monthly over 25 years at 3.7%
AED 1,554

Plus AED 18,865 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →