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Studio · 417 sqftSilicon Gates 1, Dubai Silicon Oasis · 13th floor · completed 2014

A-1304B, Silicon Gates 1

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-1304B · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 300K22 August 2024
Current rentAED 34K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-1304B, Silicon Gates 1

What is A-1304B worth today?

Last sold for AED 300,000 in 2024

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25 Sep 2024RentedNew contract
AED 34,000/yr12 months · AED 82 per sqft
22 Aug 2024SoldReady
AED 300,000AED 719 per sqft
10 Aug 2021RentedNew contract
AED 19,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedNew contract
AED 20,000/yr12 months · AED 48 per sqft
1 Sep 2019RentedNew contract
AED 25,000/yr12 months · AED 60 per sqft
15 May 2019RentedNew contract · flagged as an outlier
AED 6,760/yr15 months · AED 16 per sqft
10 Apr 2017RentedRenewal
AED 38,000/yr12 months · AED 91 per sqft
10 Apr 2016RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
13th of 25
Parking
B2-248
Developer
Time Properties
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 300K · August 2024
Building
Silicon Gates 1

About A-1304B, Silicon Gates 1

A-1304B is a studio of 417 sqft on the 13th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 22 August 2024 for AED 300,000, or AED 719 per sqft, 10% below the AED 803 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 25 September 2024, is AED 34,000 a year: a gross yield of 11.3% on the 2024 price, before the service charge of about AED 6,200 a year.

Sales and rents for A-1304B over time

Sales
Unit A-1304B, 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, April 2015: AED 301,000 (AED 721 per sqft)Sold, August 2024: AED 300,000 (AED 719 per sqft)

A-1304B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A-1304B, 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, April 2016: AED 40,000 a yearRenewal, April 2017: AED 38,000 a yearNew contract, September 2019: AED 25,000 a yearNew contract, August 2020: AED 20,000 a yearNew contract, August 2021: AED 19,000 a yearNew contract, September 2024: AED 34,000 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-1304B sits

All 376 studios →

A-1304B last sold in August 2024 at AED 719 per sqft, 10% below what studios in Silicon Gates 1 were fetching at the time (AED 803). 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-1304B's AED 34,000 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 13th floor

All 865 units in Silicon Gates 1
Value
A-13013-bedNo registered sale
A-1302StudioAED 470K · May 2015
A-1303AStudioAED 363K · Feb 2015
A-1303BStudioAED 218K · Jul 2022
A-1304A1-bedAED 725K · Sep 2014
A-13051-bedAED 697K · Aug 2014
A-1306StudioAED 210K · Jun 2023
1–7 of 34

A-1304B, Silicon Gates 1 in numbers

  • Sold twice: first on 29 April 2015 for AED 301,000, last on 22 August 2024 for AED 300,000 (AED 719 per sqft).
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 6,760 in 2019 and recovered to AED 34,000 by September 2024.
  • At AED 34,000 a year the gross yield on the 2024 price is 11.3%, before a service charge of about AED 6,200 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 25 September 2024.

Questions about A-1304B, Silicon Gates 1

What did unit A-1304B last sell for?

AED 300,000 on 22 August 2024: AED 719 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 301,000 in April 2015.

What is the rent for unit A-1304B?

AED 34,000 a year on the contract signed on 25 September 2024. The previous contract, from August 2021, was AED 19,000; the unit has been rented since April 2016.

How big is unit A-1304B?

417 sqft (38.7 sqm): a studio on the 13th floor of a 25-storey tower completed in 2014.

What is unit A-1304B 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-1304B, Silicon Gates 1

Starts from the last sale price (AED 300K, 22 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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