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2-bed · 1,395 sqftSilicon Gates 1, Dubai Silicon Oasis · 6th floor · completed 2014

A-601, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-601 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 1.17M26 December 2024
Current rentAED 64K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-601, Silicon Gates 1

What is A-601 worth today?

Last sold for AED 1,165,000 in 2024

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26 Dec 2024SoldReady
AED 1,165,000AED 835 per sqft
1 Nov 2023RentedNew contract
AED 63,500/yr12 months · AED 46 per sqft
1 Nov 2022RentedRenewal
AED 59,000/yr12 months · AED 42 per sqft
1 Nov 2021RentedRenewal
AED 53,000/yr12 months · AED 38 per sqft
1 Nov 2020RentedNew contract
AED 53,000/yr12 months · AED 38 per sqft
12 Mar 2015SoldReady
AED 625,000AED 448 per sqft
2 Sep 2014Sold by developerReady
AED 996,503AED 714 per sqft

Source: Dubai Land Department. Updated 26 December 2024.

Key facts

Type
2-bed apartment
Size
1,395 sqft
Floor
6th of 25
Parking
B1-202
Developer
Time Properties
Completed
2014
Service charge
AED 20,800 /yr
Last sold
AED 1.17M · December 2024
Building
Silicon Gates 1

About A-601, Silicon Gates 1

A-601 is a two-bedroom apartment of 1,395 sqft on the 6th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 26 December 2024 for AED 1,165,000, or AED 835 per sqft, 12% above the AED 746 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 November 2023, is AED 63,500 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 20,800 a year.

Sales and rents for A-601 over time

Sales
Unit A-601, each saleTypical two-bed in Silicon Gates 1
500K1M2009201420192024Typical sale price by year: 2009 AED 1,014,000; 2013 AED 978,516; 2014 AED 992,752; 2015 AED 988,000; 2016 AED 874,000; 2020 AED 555,000; 2021 AED 709,000; 2022 AED 720,000; 2023 AED 720,000; 2024 AED 955,000; 2025 AED 950,000Sold by developer, September 2014: AED 996,503 (AED 714 per sqft)Sold, March 2015: AED 625,000 (AED 448 per sqft)Sold, December 2024: AED 1,165,000 (AED 835 per sqft)

A-601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A-601, each contractTypical two-bed in Silicon Gates 1
50K75K100K2014201820222026Typical rent by year: 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 60,500; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 76,000New contract, November 2020: AED 53,000 a yearRenewal, November 2021: AED 53,000 a yearRenewal, November 2022: AED 59,000 a yearNew contract, November 2023: AED 63,500 a year

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

2-beds in Silicon Gates 1, and where A-601 sits

All 88 2-beds →

A-601 last sold in December 2024 at AED 835 per sqft, 12% above what two-beds in Silicon Gates 1 were fetching at the time (AED 746). Over the last 12 months two-beds sold for AED 1,040,000 to 1,280,000, around AED 866 per sqft, and rent for AED 50,000 to 105,000 a year. A-601's AED 63,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,280,000
9 Sep 20261,050,000
22 Dec 20251,040,000
5 Dec 20251,250,000
4 2-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 6th floor

All 865 units in Silicon Gates 1
Value
A-602StudioAED 378K · Nov 2014
A-603AStudioAED 370K · May 2016
A-603BStudioAED 460K · Nov 2016
A-6041-bedAED 275K · Apr 2022
A-605A1-bedAED 809K · Aug 2014
A-605BStudioAED 400K · Sep 2017
A-6061-bedAED 736K · Oct 2014
1–7 of 41

A-601, Silicon Gates 1 in numbers

  • Sold 3 times: first on 2 September 2014 for AED 996,503, last on 26 December 2024 for AED 1,165,000 (AED 835 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 53,000 to AED 63,500 a year.
  • At AED 63,500 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 20,800 a year (AED 14.94 per sqft).
  • Two-beds in Silicon Gates 1 sold for AED 1,040,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 26 December 2024.

Questions about A-601, Silicon Gates 1

What did unit A-601 last sell for?

AED 1,165,000 on 26 December 2024: AED 835 per sqft for 1,395 sqft. The unit has 3 registered sales; the first was AED 996,503 in September 2014.

What is the rent for unit A-601?

AED 63,500 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 59,000; the unit has been rented since November 2020.

How big is unit A-601?

1,395 sqft (129.6 sqm): a two-bedroom apartment on the 6th floor of a 25-storey tower completed in 2014.

What is unit A-601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Gates 1 sold for AED 1,040,000 to 1,280,000 in the last 12 months, around AED 866 per sqft.

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Mortgage on A-601, Silicon Gates 1

Starts from the last sale price (AED 1.17M, 26 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

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