Studio · 503 sqftSilicon Gates 1, Dubai Silicon Oasis · 10th floor · completed 2014

A1002, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in January 2015, and rented once, from February 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1002 · DLD and Ejari recordsUpdated 1 February 2019
Last soldAED 500K8 January 2015
Current rentAED 35K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A1002, Silicon Gates 1

What is A1002 worth today?

Last sold for AED 500,000 in 2015

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1 Feb 2019RentedNew contract
AED 35,000/yr12 months · AED 69 per sqft
8 Jan 2015SoldReady
AED 500,000AED 993 per sqft
4 Jan 2015SoldReady
AED 484,000AED 961 per sqft
17 Aug 2009Sold by developerOff-plan
AED 484,000AED 961 per sqft

Source: Dubai Land Department. Updated 1 February 2019.

Key facts

Type
Studio apartment
Size
503 sqft
Floor
10th of 25
Parking
B2-75
Developer
Time Properties
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 500K · January 2015

About A1002, Silicon Gates 1

A1002 is a studio of 503 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 8 January 2015 for AED 500,000, or AED 993 per sqft, 14% above the AED 872 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2019. The current contract, signed on 1 February 2019, is AED 35,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 7,500 a year.

Sales and rents for A1002 over time

Sales
Unit A1002, 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, August 2009: AED 484,000 (AED 961 per sqft)Sold, January 2015: AED 500,000 (AED 993 per sqft)Sold, January 2015: AED 484,000 (AED 961 per sqft)

A1002 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A1002, 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, February 2019: AED 35,000 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 A1002 sits

All 376 studios →

A1002 last sold in January 2015 at AED 993 per sqft, 14% above what studios in Silicon Gates 1 were fetching at the time (AED 872). 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. A1002's AED 35,000 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 10th floor

All 865 units in Silicon Gates 1
Value
A10012-bedAED 750K · Jun 2022
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

A1002, Silicon Gates 1 in numbers

  • Sold 3 times: first on 17 August 2009 for AED 484,000, last on 8 January 2015 for AED 500,000 (AED 993 per sqft).
  • Rented since February 2019 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 7,500 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 February 2019.

Questions about A1002, Silicon Gates 1

What did unit A1002 last sell for?

AED 500,000 on 8 January 2015: AED 993 per sqft for 503 sqft. The unit has 3 registered sales; the first was AED 484,000 in August 2009.

What is the rent for unit A1002?

AED 35,000 a year on the contract signed on 1 February 2019.

How big is unit A1002?

503 sqft (46.7 sqm): a studio on the 10th floor of a 25-storey tower completed in 2014.

What is unit A1002 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 A1002, Silicon Gates 1

Starts from the last sale price (AED 500K, 8 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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