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Studio · 432 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

A-1603A, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-1603A · DLD and Ejari recordsUpdated 4 March 2026
Last soldAED 245K7 April 2021
Current rentAED 60K /yr4 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-1603A, Silicon Gates 1

What is A-1603A worth today?

Last sold for AED 245,000 in 2021

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4 Mar 2026RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
1 Nov 2025RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
4 Dec 2024RentedRenewal
AED 57,000/yr6 months · AED 132 per sqft
4 Dec 2023RentedNew contract
AED 55,200/yr12 months · AED 128 per sqft
7 Apr 2021SoldReady
AED 245,000AED 567 per sqft
15 Sep 2020RentedNew contract
AED 29,778/yr6 months · AED 69 per sqft
15 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 70 per sqft
10 Sep 2018RentedNew contract
AED 36,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 4 March 2026.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
16th of 25
Parking
B2-197
Developer
Time Properties
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 245K · April 2021
Building
Silicon Gates 1

About A-1603A, Silicon Gates 1

A-1603A is a studio of 432 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 7 April 2021 for AED 245,000, or AED 567 per sqft, 4% below the AED 589 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 4 March 2026, is AED 60,000 a year: a gross yield of 24.5% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for A-1603A over time

Sales
Unit A-1603A, 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 2011: AED 400,463 (AED 927 per sqft)Sold, September 2014: AED 400,463 (AED 927 per sqft)Sold, April 2021: AED 245,000 (AED 567 per sqft)

A-1603A has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A-1603A, each contractTypical studio in Silicon Gates 1
20K40K60K2014201820222026Typical 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 2015: AED 48,000 a yearNew contract, September 2018: AED 36,000 a yearNew contract, September 2019: AED 30,000 a yearNew contract, September 2020: AED 29,778 a yearNew contract, December 2023: AED 55,200 a yearRenewal, December 2024: AED 57,000 a yearNew contract, November 2025: AED 40,000 a yearNew contract, March 2026: AED 60,000 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-1603A sits

All 376 studios →

A-1603A last sold in April 2021 at AED 567 per sqft, 4% below what studios in Silicon Gates 1 were fetching at the time (AED 589). 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-1603A's AED 60,000 is in the upper 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-1602StudioAED 430K · Feb 2026
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-1603A, Silicon Gates 1 in numbers

  • Sold 3 times: first on 11 July 2011 for AED 400,463, last on 7 April 2021 for AED 245,000 (AED 567 per sqft).
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 29,778 in 2020 and recovered to AED 60,000 by March 2026.
  • At AED 60,000 a year the gross yield on the 2021 price is 24.5%, before a service charge of about AED 6,500 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 4 March 2026.

Questions about A-1603A, Silicon Gates 1

What did unit A-1603A last sell for?

AED 245,000 on 7 April 2021: AED 567 per sqft for 432 sqft. The unit has 3 registered sales; the first was AED 400,463 in July 2011.

What is the rent for unit A-1603A?

AED 60,000 a year on the contract signed on 4 March 2026. The previous contract, from November 2025, was AED 40,000; the unit has been rented since August 2015.

How big is unit A-1603A?

432 sqft (40.1 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit A-1603A 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-1603A, Silicon Gates 1

Starts from the last sale price (AED 245K, 7 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 245,000
Deposit, UAE resident (20%)
AED 49,000
Deposit, non-resident (40%)
AED 98,000
Monthly over 25 years at 3.7%
AED 1,002

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