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Studio · 392 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

A-1208, Silicon Gates 1

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-1208 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 150K23 October 2014
Current rentAED 36K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-1208, Silicon Gates 1

What is A-1208 worth today?

Last sold for AED 149,760 in 2014

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22 Nov 2024RentedNew contract
AED 36,000/yr12 months · AED 92 per sqft
25 Aug 2023RentedNew contract
AED 36,000/yr12 months · AED 93 per sqft
9 Jul 2021RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
23 Nov 2019RentedNew contract
AED 25,000/yr12 months · AED 64 per sqft
20 Oct 2018RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
10 Aug 2017RentedNew contract
AED 39,000/yr12 months · AED 101 per sqft
23 Oct 2014SoldReady
AED 149,760AED 382 per sqft
13 Jul 2009Sold by developerOff-plan
AED 149,760AED 382 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
Studio apartment
Size
392 sqft
Floor
12th of 25
Parking
B2-279
Developer
Time Properties
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 150K · October 2014
Building
Silicon Gates 1

About A-1208, Silicon Gates 1

A-1208 is a studio of 392 sqft on the 12th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 23 October 2014 for AED 149,760, or AED 382 per sqft, 55% below the AED 856 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 22 November 2024, is AED 36,000 a year: a gross yield of 24.0% on the 2014 price, before the service charge of about AED 5,900 a year.

Sales and rents for A-1208 over time

Sales
Unit A-1208, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 328,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 175,000; 2013 AED 331,920; 2014 AED 357,000; 2015 AED 351,903; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 235,000; 2021 AED 252,500; 2022 AED 252,500; 2023 AED 300,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 452,500Sold by developer, July 2009: AED 149,760 (AED 382 per sqft)Sold, October 2014: AED 149,760 (AED 382 per sqft)

A-1208 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A-1208, each contractTypical studio in Silicon Gates 1
20K40K2014201820222026Typical rent by year: 2014 AED 44,880; 2015 AED 45,000; 2016 AED 45,000; 2017 AED 40,000; 2018 AED 35,500; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,915; 2024 AED 33,500; 2025 AED 36,000; 2026 AED 38,000New contract, August 2017: AED 39,000 a yearNew contract, October 2018: AED 33,000 a yearNew contract, November 2019: AED 25,000 a yearNew contract, July 2021: AED 20,000 a yearNew contract, August 2023: AED 36,000 a yearNew contract, November 2024: AED 36,000 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 1, and where A-1208 sits

All 376 studios →

A-1208 last sold in October 2014 at AED 382 per sqft, 55% below what studios in Silicon Gates 1 were fetching at the time (AED 856). Over the last 12 months studios sold for AED 285,000 to 545,000, around AED 1,105 per sqft, and rent for AED 27,500 to 68,400 a year. A-1208's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026480,000
15 Oct 2026422,000
1 Oct 2026500,000
22 Sep 2026405,000
32 studio sales in the last 12 months

Silicon Gates 1

Building

865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 69 sold in the last 12 months.

Typical price per sqft
AED 877 Up 9.2%
Typical sale
AED 541K
Typical rent
AED 46K /yr
Typical yield
8.9%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 12th floor

All 865 units in Silicon Gates 1
Value
A-12012-bedAED 1.25M · Feb 2015
A-1202StudioAED 667K · Nov 2014
A-1203AStudioAED 435K · Feb 2025
A-1203BStudioAED 420K · Aug 2014
A-12041-bedAED 630K · Oct 2025
A-1205A1-bedAED 610K · May 2018
A-1205BStudioAED 395K · May 2025
1–7 of 40

A-1208, Silicon Gates 1 in numbers

  • Sold twice: first on 13 July 2009 for AED 149,760, last on 23 October 2014 for AED 149,760 (AED 382 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 39,000 to AED 20,000 in 2021 and recovered to AED 36,000 by November 2024.
  • At AED 36,000 a year the gross yield on the 2014 price is 24.0%, before a service charge of about AED 5,900 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 285,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 22 November 2024.

Questions about A-1208, Silicon Gates 1

What did unit A-1208 last sell for?

AED 149,760 on 23 October 2014: AED 382 per sqft for 392 sqft. The unit has 2 registered sales; the first was AED 149,760 in July 2009.

What is the rent for unit A-1208?

AED 36,000 a year on the contract signed on 22 November 2024. The previous contract, from August 2023, was AED 36,000; the unit has been rented since August 2017.

How big is unit A-1208?

392 sqft (36.4 sqm): a studio on the 12th floor of a 25-storey tower completed in 2014.

What is unit A-1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 1 sold for AED 285,000 to 545,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on A-1208, Silicon Gates 1

Starts from the last sale price (AED 150K, 23 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 149,760
Deposit, UAE resident (20%)
AED 29,952
Deposit, non-resident (40%)
AED 59,904
Monthly over 25 years at 3.7%
AED 613

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →