Home
Dubai prices
About
Research
1-bed · 749 sqftSilicon Gates 1, Dubai Silicon Oasis · 23rd floor · completed 2014

A-2308, Silicon Gates 1

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

Unit A-2308 · DLD and Ejari recordsUpdated 5 July 2021
Last soldAED 765K1 September 2014
Current rentAED 27K /yr5 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow A-2308

Property timeline for A-2308, Silicon Gates 1

What is A-2308 worth today?

Last sold for AED 765,000 in 2014

Unlock today's estimate, updated daily, with

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

5 Jul 2021RentedNew contract
AED 27,000/yr12 months · AED 36 per sqft
15 Nov 2019RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
22 Sep 2018RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
1 Jun 2015RentedNew contract
AED 60,162/yr12 months · AED 80 per sqft
1 Sep 2014SoldReady
AED 765,000AED 1,021 per sqft
1 Jun 2014RentedNew contract
AED 60,162/yr12 months · AED 80 per sqft
26 Aug 2009Sold by developerOff-plan
AED 765,000AED 1,021 per sqft

Source: Dubai Land Department. Updated 5 July 2021.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
23rd of 25
Parking
B1-161
Developer
Time Properties
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 765K · September 2014
Building
Silicon Gates 1

About A-2308, Silicon Gates 1

A-2308 is a one-bedroom apartment of 749 sqft on the 23rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 1 September 2014 for AED 765,000, or AED 1,021 per sqft, 24% above the AED 824 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 5 July 2021, is AED 27,000 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 11,200 a year.

Sales and rents for A-2308 over time

Sales
Unit A-2308, each saleTypical one-bed in Silicon Gates 1
250K500K750K2009201420192024Typical sale price by year: 2009 AED 638,000; 2011 AED 656,541; 2013 AED 579,802; 2014 AED 681,000; 2015 AED 652,500; 2016 AED 600,000; 2017 AED 630,000; 2018 AED 550,000; 2019 AED 425,000; 2020 AED 320,000; 2021 AED 389,500; 2022 AED 405,000; 2023 AED 447,500; 2024 AED 530,000; 2025 AED 615,000; 2026 AED 660,000Sold by developer, August 2009: AED 765,000 (AED 1,021 per sqft)Sold, September 2014: AED 765,000 (AED 1,021 per sqft)

A-2308 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A-2308, each contractTypical one-bed in Silicon Gates 1
40K60K2014201820222026Typical rent by year: 2014 AED 64,826; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,789; 2024 AED 45,000; 2025 AED 50,250; 2026 AED 55,000New contract, June 2014: AED 60,162 a yearNew contract, June 2015: AED 60,162 a yearNew contract, September 2018: AED 45,000 a yearNew contract, November 2019: AED 35,000 a yearNew contract, July 2021: AED 27,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silicon Gates 1, and where A-2308 sits

All 371 1-beds →

A-2308 last sold in September 2014 at AED 1,021 per sqft, 24% above what one-beds in Silicon Gates 1 were fetching at the time (AED 824). Over the last 12 months one-beds sold for AED 343,480 to 750,000, around AED 769 per sqft, and rent for AED 35,801 to 80,000 a year. A-2308's AED 27,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 2026540,696
14 Oct 2026706,000
2 Oct 2026675,000
17 Sep 2026550,000
30 1-bed 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 23rd floor

All 865 units in Silicon Gates 1
Value
A-23012-bedAED 940K · Feb 2025
A-2302StudioAED 400K · Jul 2024
A-2303AStudioAED 465K · Dec 2014
A-2303BStudioAED 220K · Jul 2022
A-2304A1-bedAED 717K · Sep 2014
A-2304BStudioAED 435K · Nov 2014
A-23051-bedAED 530K · Mar 2024
1–7 of 34

A-2308, Silicon Gates 1 in numbers

  • Sold twice: first on 26 August 2009 for AED 765,000, last on 1 September 2014 for AED 765,000 (AED 1,021 per sqft).
  • Rented since June 2014 on 5 Ejari contracts, from AED 60,162 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2014 price is 3.5%, before a service charge of about AED 11,200 a year (AED 14.94 per sqft).
  • One-beds in Silicon Gates 1 sold for AED 343,480–750,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 5 July 2021.

Questions about A-2308, Silicon Gates 1

What did unit A-2308 last sell for?

AED 765,000 on 1 September 2014: AED 1,021 per sqft for 749 sqft. The unit has 2 registered sales; the first was AED 765,000 in August 2009.

What is the rent for unit A-2308?

AED 27,000 a year on the contract signed on 5 July 2021. The previous contract, from November 2019, was AED 35,000; the unit has been rented since June 2014.

How big is unit A-2308?

749 sqft (69.6 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2014.

What is unit A-2308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 1 sold for AED 343,480 to 750,000 in the last 12 months, around AED 769 per sqft.

Selling A-2308? 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-2308, Silicon Gates 1

Starts from the last sale price (AED 765K, 1 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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