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2-bed · 1,395 sqftSilicon Gates 1, Dubai Silicon Oasis · 10th floor · completed 2014

A1001, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1001 · DLD and Ejari recordsUpdated 6 June 2022
Last soldAED 750K6 June 2022
Current rentAED 60K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1001, Silicon Gates 1

What is A1001 worth today?

Last sold for AED 750,000 in 2022

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6 Jun 2022SoldReady
AED 750,000AED 537 per sqft
1 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 43 per sqft
1 Dec 2019RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
1 Dec 2018RentedRenewal
AED 77,500/yr12 months · AED 55 per sqft
1 Dec 2017RentedNew contract
AED 86,000/yr12 months · AED 61 per sqft
20 Oct 2016RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
20 Oct 2015RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
5 Nov 2014SoldReady
AED 1,325,000AED 949 per sqft

Source: Dubai Land Department. Updated 6 June 2022.

Key facts

Type
2-bed apartment
Size
1,395 sqft
Floor
10th of 25
Parking
B1-252
Developer
Time Properties
Completed
2014
Service charge
AED 20,800 /yr
Last sold
AED 750K · June 2022
Building
Silicon Gates 1

About A1001, Silicon Gates 1

A1001 is a two-bedroom apartment of 1,395 sqft on the 10th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 6 June 2022 for AED 750,000, or AED 537 per sqft, in line with the AED 532 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 60,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 20,800 a year.

Sales and rents for A1001 over time

Sales
Unit A1001, 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, December 2009: AED 1,325,000 (AED 949 per sqft)Sold, November 2014: AED 1,325,000 (AED 949 per sqft)Sold, June 2022: AED 750,000 (AED 537 per sqft)

A1001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A1001, 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, October 2015: AED 105,000 a yearNew contract, October 2016: AED 105,000 a yearNew contract, December 2017: AED 86,000 a yearRenewal, December 2018: AED 77,500 a yearRenewal, December 2019: AED 72,000 a yearRenewal, December 2021: AED 60,000 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 A1001 sits

All 88 2-beds →

A1001 last sold in June 2022 at AED 537 per sqft, in line with what two-beds in Silicon Gates 1 were fetching at the time (AED 532). 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. A1001's AED 60,000 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 10th floor

All 865 units in Silicon Gates 1
Value
A1002StudioAED 500K · Jan 2015
A1003AStudioAED 436K · Nov 2014
A1003BStudioAED 395K · Jun 2024
A10041-bedAED 200K · Oct 2023
A1005A1-bedAED 640K · Aug 2016
A1005BStudioAED 450K · Jan 2017
A10061-bedAED 685K · Apr 2026
1–7 of 40

A1001, Silicon Gates 1 in numbers

  • Sold 3 times: first on 20 December 2009 for AED 1,325,000, last on 6 June 2022 for AED 750,000 (AED 537 per sqft).
  • Rented since October 2015 on 6 Ejari contracts, from AED 105,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 8.0%, 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 6 June 2022.

Questions about A1001, Silicon Gates 1

What did unit A1001 last sell for?

AED 750,000 on 6 June 2022: AED 537 per sqft for 1,395 sqft. The unit has 3 registered sales; the first was AED 1,325,000 in December 2009.

What is the rent for unit A1001?

AED 60,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2019, was AED 72,000; the unit has been rented since October 2015.

How big is unit A1001?

1,395 sqft (129.6 sqm): a two-bedroom apartment on the 10th floor of a 25-storey tower completed in 2014.

What is unit A1001 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 A1001, Silicon Gates 1

Starts from the last sale price (AED 750K, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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