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2-bed · 1,212 sqftSilicon Gates 1, Dubai Silicon Oasis · 17th floor · completed 2014

A1701, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1701 · DLD and Ejari recordsUpdated 26 May 2021
Last soldAED 615K26 May 2021
Current rentAED 62K /yr24 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1701, Silicon Gates 1

What is A1701 worth today?

Last sold for AED 615,000 in 2021

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26 May 2021SoldReady
AED 615,000AED 507 per sqft
24 Mar 2020RentedNew contract
AED 62,000/yr12 months · AED 51 per sqft
24 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 58 per sqft
7 Sep 2018RentedNew contract
AED 75,000/yr12 months · AED 62 per sqft
7 Sep 2017RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft
7 Oct 2016RentedRenewal
AED 95,000/yr12 months · AED 78 per sqft
7 Oct 2015RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft
7 Oct 2014RentedNew contract
AED 95,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 26 May 2021.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
17th of 25
Parking
B1-292
Developer
Time Properties
Completed
2014
Service charge
AED 18,100 /yr
Last sold
AED 615K · May 2021
Building
Silicon Gates 1

About A1701, Silicon Gates 1

A1701 is a two-bedroom apartment of 1,212 sqft on the 17th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 26 May 2021 for AED 615,000, or AED 507 per sqft, 12% above the AED 452 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 24 March 2020, is AED 62,000 a year: a gross yield of 10.1% on the 2021 price, before the service charge of about AED 18,100 a year.

Sales and rents for A1701 over time

Sales
Unit A1701, 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, July 2009: AED 450,000 (AED 371 per sqft)Sold, September 2014: AED 450,000 (AED 371 per sqft)Sold, May 2021: AED 615,000 (AED 507 per sqft)

A1701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A1701, 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 2014: AED 95,000 a yearNew contract, October 2015: AED 95,000 a yearRenewal, October 2016: AED 95,000 a yearNew contract, September 2017: AED 85,000 a yearNew contract, September 2018: AED 75,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, March 2020: AED 62,000 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 A1701 sits

All 88 2-beds →

A1701 last sold in May 2021 at AED 507 per sqft, 12% above what two-beds in Silicon Gates 1 were fetching at the time (AED 452). 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. A1701's AED 62,000 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 17th floor

All 865 units in Silicon Gates 1
Value
A1702StudioAED 235K · Sep 2014
A1703AStudioAED 450K · Jan 2026
A1703BStudioAED 382K · Apr 2016
A1704A1-bedAED 614K · Oct 2014
A1704BStudioAED 470K · Sep 2014
A17051-bedAED 615K · Jul 2025
A1706StudioAED 308K · Jan 2015
1–7 of 38

A1701, Silicon Gates 1 in numbers

  • Sold 3 times: first on 22 July 2009 for AED 450,000, last on 26 May 2021 for AED 615,000 (AED 507 per sqft).
  • Rented since October 2014 on 7 Ejari contracts, from AED 95,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2021 price is 10.1%, before a service charge of about AED 18,100 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 May 2021.

Questions about A1701, Silicon Gates 1

What did unit A1701 last sell for?

AED 615,000 on 26 May 2021: AED 507 per sqft for 1,212 sqft. The unit has 3 registered sales; the first was AED 450,000 in July 2009.

What is the rent for unit A1701?

AED 62,000 a year on the contract signed on 24 March 2020. The previous contract, from March 2019, was AED 70,000; the unit has been rented since October 2014.

How big is unit A1701?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 17th floor of a 25-storey tower completed in 2014.

What is unit A1701 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 A1701, Silicon Gates 1

Starts from the last sale price (AED 615K, 26 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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