Studio · 354 sqftSilicon Gates 1, Dubai Silicon Oasis · 22nd floor · completed 2014

A-2204B, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-2204B · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 240K11 April 2023
Current rentAED 20K /yr12 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-2204B, Silicon Gates 1

What is A-2204B worth today?

Last sold for AED 240,000 in 2023

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11 Apr 2023SoldReady
AED 240,000AED 678 per sqft
12 Aug 2022RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft
26 Jun 2020RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft
10 Apr 2019RentedRenewal
AED 30,000/yr12 months · AED 84 per sqft
10 Apr 2018RentedNew contract
AED 30,000/yr12 months · AED 84 per sqft
12 Nov 2014SoldReady
AED 400,000AED 1,130 per sqft
23 Jun 2014SoldOff-plan
AED 400,000AED 1,130 per sqft
29 Dec 2009Sold by developerOff-plan
AED 313,796AED 886 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
Studio apartment
Size
354 sqft
Floor
22nd of 25
Parking
B1-209
Developer
Time Properties
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 240K · April 2023

About A-2204B, Silicon Gates 1

A-2204B is a studio of 354 sqft on the 22nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 11 April 2023 for AED 240,000, or AED 678 per sqft, 5% above the AED 646 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 12 August 2022, is AED 20,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for A-2204B over time

Sales
Unit A-2204B, 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, December 2009: AED 313,796 (AED 886 per sqft)Sold, June 2014: AED 400,000 (AED 1,130 per sqft)Sold, November 2014: AED 400,000 (AED 1,130 per sqft)Sold, April 2023: AED 240,000 (AED 678 per sqft)

A-2204B has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit A-2204B, 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 2018: AED 30,000 a yearRenewal, April 2019: AED 30,000 a yearNew contract, June 2020: AED 20,000 a yearNew contract, August 2022: AED 20,000 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-2204B sits

All 376 studios →

A-2204B last sold in April 2023 at AED 678 per sqft, 5% above what studios in Silicon Gates 1 were fetching at the time (AED 646). 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-2204B's AED 20,000 is at the bottom 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 22nd floor

All 865 units in Silicon Gates 1
Value
A-22012-bedAED 985K · Sep 2014
A-2202StudioAED 300K · Apr 2017
A-2203AStudioAED 345K · Nov 2014
A-2203BStudioAED 220K · Mar 2015
A-2204A1-bedAED 603K · Nov 2014
A-22051-bedAED 616K · Oct 2014
A-22061-bedAED 426K · Oct 2015
1–7 of 34

A-2204B, Silicon Gates 1 in numbers

  • Sold 4 times: first on 29 December 2009 for AED 313,796, last on 11 April 2023 for AED 240,000 (AED 678 per sqft).
  • Rented since April 2018 on 4 Ejari contracts, from AED 30,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 5,300 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 11 April 2023.

Questions about A-2204B, Silicon Gates 1

What did unit A-2204B last sell for?

AED 240,000 on 11 April 2023: AED 678 per sqft for 354 sqft. The unit has 4 registered sales; the first was AED 313,796 in December 2009.

What is the rent for unit A-2204B?

AED 20,000 a year on the contract signed on 12 August 2022. The previous contract, from June 2020, was AED 20,000; the unit has been rented since April 2018.

How big is unit A-2204B?

354 sqft (32.9 sqm): a studio on the 22nd floor of a 25-storey tower completed in 2014.

What is unit A-2204B 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-2204B, Silicon Gates 1

Starts from the last sale price (AED 240K, 11 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 240,000
Deposit, UAE resident (20%)
AED 48,000
Deposit, non-resident (40%)
AED 96,000
Monthly over 25 years at 3.7%
AED 982

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