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Studio · 389 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

A-708, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-708 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 293K13 July 2015
Current rentAED 39K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-708, Silicon Gates 1

What is A-708 worth today?

Last sold for AED 293,000 in 2015

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1 Nov 2026RentedRenewal
AED 39,270/yr12 months · AED 101 per sqft
1 Oct 2025RentedRenewal
AED 35,700/yr13 months · AED 92 per sqft
1 Oct 2024RentedRenewal
AED 34,000/yr12 months · AED 88 per sqft
12 Aug 2020RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
12 Aug 2019RentedNew contract
AED 26,000/yr12 months · AED 67 per sqft
13 Jul 2015Sold by developerReady
AED 293,000AED 753 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
7th of 25
Parking
B3-199
Developer
Time Properties
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 293K · July 2015
Building
Silicon Gates 1

About A-708, Silicon Gates 1

A-708 is a studio of 389 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 13 July 2015 for AED 293,000, or AED 753 per sqft, 10% below the AED 841 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 39,270 a year: a gross yield of 13.4% on the 2015 price, before the service charge of about AED 5,800 a year.

Sales and rents for A-708 over time

Sales
Unit A-708, 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 2015: AED 293,000 (AED 753 per sqft)

A-708 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit A-708, 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, August 2019: AED 26,000 a yearNew contract, August 2020: AED 20,000 a yearRenewal, October 2024: AED 34,000 a yearRenewal, October 2025: AED 35,700 a yearRenewal, November 2026: AED 39,270 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-708 sits

All 376 studios →

A-708 last sold in July 2015 at AED 753 per sqft, 10% below what studios in Silicon Gates 1 were fetching at the time (AED 841). 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-708's AED 39,270 is in the lower 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 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-705A1-bedAED 600K · Apr 2024
A-705BStudioAED 310K · Nov 2014
1–7 of 42

A-708, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 13 July 2015 for AED 293,000, or AED 753 per sqft.
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 26,000 to AED 20,000 in 2020 and recovered to AED 39,270 by November 2026.
  • At AED 39,270 a year the gross yield on the 2015 price is 13.4%, before a service charge of about AED 5,800 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 1 November 2026.

Questions about A-708, Silicon Gates 1

What did unit A-708 last sell for?

AED 293,000 on 13 July 2015, sold by the developer: AED 753 per sqft for 389 sqft. It is the only registered sale of the unit.

What is the rent for unit A-708?

AED 39,270 a year on the contract renewed on 1 November 2026. The previous contract, from October 2025, was AED 35,700; the unit has been rented since August 2019.

How big is unit A-708?

389 sqft (36.1 sqm): a studio on the 7th floor of a 25-storey tower completed in 2014.

What is unit A-708 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-708, Silicon Gates 1

Starts from the last sale price (AED 293K, 13 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 293,000
Deposit, UAE resident (20%)
AED 58,600
Deposit, non-resident (40%)
AED 117,200
Monthly over 25 years at 3.7%
AED 1,199

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