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1-bed · 902 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

A-705A, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-705A · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 600K18 April 2024
Current rentAED 40K /yr3 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-705A, Silicon Gates 1

What is A-705A worth today?

Last sold for AED 600,000 in 2024

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3 Jun 2024RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
18 Apr 2024SoldReady
AED 600,000AED 665 per sqft
20 Jan 2023RentedRenewal
AED 34,000/yr12 months · AED 38 per sqft
20 Jan 2022RentedRenewal
AED 30,000/yr12 months · AED 33 per sqft
20 Jan 2021RentedNew contract
AED 30,000/yr12 months · AED 33 per sqft
20 Jul 2018RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
1 Nov 2017RentedNew contract
AED 52,000/yr12 months · AED 58 per sqft
10 Feb 2017RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
1-bed apartment
Size
902 sqft
Floor
7th of 25
Parking
B3-203
Developer
Time Properties
Completed
2014
Service charge
AED 13,500 /yr
Last sold
AED 600K · April 2024
Building
Silicon Gates 1

About A-705A, Silicon Gates 1

A-705A is a one-bedroom apartment of 902 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 18 April 2024 for AED 600,000, or AED 665 per sqft, 11% above the AED 601 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 3 June 2024, is AED 40,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for A-705A over time

Sales
Unit A-705A, 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 859,000 (AED 952 per sqft)Sold, October 2014: AED 859,000 (AED 952 per sqft)Sold, April 2024: AED 600,000 (AED 665 per sqft)

A-705A has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A-705A, 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, August 2016: AED 62,000 a yearNew contract, February 2017: AED 60,000 a yearNew contract, November 2017: AED 52,000 a yearNew contract, July 2018: AED 42,000 a yearNew contract, January 2021: AED 30,000 a yearRenewal, January 2022: AED 30,000 a yearRenewal, January 2023: AED 34,000 a yearNew contract, June 2024: AED 40,000 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-705A sits

All 371 1-beds →

A-705A last sold in April 2024 at AED 665 per sqft, 11% above what one-beds in Silicon Gates 1 were fetching at the time (AED 601). 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-705A's AED 40,000 is in the lower half 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 7th floor

All 865 units in Silicon Gates 1
Value
A-7012-bedAED 1.08M · Nov 2024
A-702StudioAED 330K · Dec 2018
A-703AStudioAED 460K · Aug 2026
A-703BStudioAED 400K · Jun 2025
A-7041-bedAED 580K · Apr 2025
A-705BStudioAED 310K · Nov 2014
A-7061-bedAED 736K · Oct 2014
1–7 of 42

A-705A, Silicon Gates 1 in numbers

  • Sold 3 times: first on 12 August 2009 for AED 859,000, last on 18 April 2024 for AED 600,000 (AED 665 per sqft).
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 62,000 to AED 30,000 in 2022 and recovered to AED 40,000 by June 2024.
  • At AED 40,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 13,500 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 3 June 2024.

Questions about A-705A, Silicon Gates 1

What did unit A-705A last sell for?

AED 600,000 on 18 April 2024: AED 665 per sqft for 902 sqft. The unit has 3 registered sales; the first was AED 859,000 in August 2009.

What is the rent for unit A-705A?

AED 40,000 a year on the contract signed on 3 June 2024. The previous contract, from January 2023, was AED 34,000; the unit has been rented since August 2016.

How big is unit A-705A?

902 sqft (83.8 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2014.

What is unit A-705A 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.

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Mortgage on A-705A, Silicon Gates 1

Starts from the last sale price (AED 600K, 18 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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