Home
Dubai prices
About
Research
Studio · 442 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

A-1602, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-1602 · DLD and Ejari recordsUpdated 13 February 2026
Last soldAED 430K13 February 2026
Current rentAED 41K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow A-1602

Property timeline for A-1602, Silicon Gates 1

What is A-1602 worth today?

Last sold for AED 430,000 in 2026

Unlock today's estimate, updated daily, with

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

13 Feb 2026SoldReady
AED 430,000AED 972 per sqft
10 Jul 2025RentedNew contract
AED 41,000/yr12 months · AED 93 per sqft
5 Mar 2023RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
1 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
28 Jan 2022SoldReady
AED 280,000AED 633 per sqft
25 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
20 Nov 2016RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
20 Nov 2015RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 13 February 2026.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
16th of 25
Parking
B2-196
Developer
Time Properties
Completed
2014
Service charge
AED 6,600 /yr
Last sold
AED 430K · February 2026
Building
Silicon Gates 1

About A-1602, Silicon Gates 1

A-1602 is a studio of 442 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 13 February 2026 for AED 430,000, or AED 972 per sqft, 5% below the AED 1,023 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 10 July 2025, is AED 41,000 a year: a gross yield of 9.5% on the 2026 price, before the service charge of about AED 6,600 a year.

Sales and rents for A-1602 over time

Sales
Unit A-1602, 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, June 2015: AED 330,000 (AED 746 per sqft)Sold, January 2022: AED 280,000 (AED 633 per sqft)Sold, February 2026: AED 430,000 (AED 972 per sqft)

A-1602 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A-1602, 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, November 2015: AED 50,000 a yearNew contract, November 2016: AED 50,000 a yearNew contract, October 2020: AED 24,000 a yearNew contract, March 2022: AED 30,000 a yearNew contract, March 2023: AED 35,000 a yearNew contract, July 2025: AED 41,000 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-1602 sits

All 376 studios →

A-1602 last sold in February 2026 at AED 972 per sqft, 5% below what studios in Silicon Gates 1 were fetching at the time (AED 1,023). 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-1602's AED 41,000 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 16th floor

All 865 units in Silicon Gates 1
Value
A-16012-bedAED 960K · Jun 2025
A-1603AStudioAED 245K · Apr 2021
A-1603BStudioAED 272K · Nov 2014
A-1604A1-bedAED 590K · Dec 2024
A-16051-bedAED 740K · Oct 2014
A-1606StudioAED 450K · Nov 2014
A-1607StudioAED 304K · Aug 2014
1–7 of 34

A-1602, Silicon Gates 1 in numbers

  • Sold 3 times: first on 1 June 2015 for AED 330,000, last on 13 February 2026 for AED 430,000 (AED 972 per sqft).
  • Rented since November 2015 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 24,000 in 2020 and recovered to AED 41,000 by July 2025.
  • At AED 41,000 a year the gross yield on the 2026 price is 9.5%, before a service charge of about AED 6,600 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 13 February 2026.

Questions about A-1602, Silicon Gates 1

What did unit A-1602 last sell for?

AED 430,000 on 13 February 2026: AED 972 per sqft for 442 sqft. The unit has 3 registered sales; the first was AED 330,000 in June 2015.

What is the rent for unit A-1602?

AED 41,000 a year on the contract signed on 10 July 2025. The previous contract, from March 2023, was AED 35,000; the unit has been rented since November 2015.

How big is unit A-1602?

442 sqft (41.1 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit A-1602 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.

Selling A-1602? 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 A-1602, Silicon Gates 1

Starts from the last sale price (AED 430K, 13 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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