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Studio · 425 sqftSilicon Gates 1, Dubai Silicon Oasis · 2nd floor · completed 2014

A203B, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in December 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A203B · DLD and Ejari recordsUpdated 11 December 2023
Last soldAED 350K11 December 2023
Current rentAED 34K /yr8 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A203B, Silicon Gates 1

What is A203B worth today?

Last sold for AED 350,000 in 2023

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11 Dec 2023SoldReady
AED 350,000AED 823 per sqft
8 Dec 2021RentedNew contract
AED 33,600/yr12 months · AED 80 per sqft
25 Nov 2019RentedNew contract
AED 35,000/yr12 months · AED 82 per sqft
29 Aug 2019SoldReady
AED 370,000AED 870 per sqft
1 Sep 2017RentedNew contract
AED 43,000/yr12 months · AED 102 per sqft
20 Oct 2014SoldReady
AED 340,610AED 801 per sqft
31 Aug 2013Sold by developerOff-plan
AED 340,610AED 801 per sqft

Source: Dubai Land Department. Updated 11 December 2023.

Key facts

Type
Studio apartment
Size
425 sqft
Floor
2nd of 25
Parking
B3-56
Developer
Time Properties
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 350K · December 2023
Building
Silicon Gates 1

About A203B, Silicon Gates 1

A203B is a studio of 425 sqft on the 2nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 11 December 2023 for AED 350,000, or AED 823 per sqft, 16% above the AED 708 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 8 December 2021, is AED 33,600 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for A203B over time

Sales
Unit A203B, 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 2013: AED 340,610 (AED 801 per sqft)Sold, October 2014: AED 340,610 (AED 801 per sqft)Sold, August 2019: AED 370,000 (AED 870 per sqft)Sold, December 2023: AED 350,000 (AED 823 per sqft)

A203B has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit A203B, 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, September 2017: AED 43,000 a yearNew contract, November 2019: AED 35,000 a yearNew contract, December 2021: AED 33,600 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 A203B sits

All 376 studios →

A203B last sold in December 2023 at AED 823 per sqft, 16% above what studios in Silicon Gates 1 were fetching at the time (AED 708). 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. A203B's AED 33,600 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 2nd floor

All 865 units in Silicon Gates 1
Value
A2012-bedNo registered sale
A202StudioAED 349K · Aug 2014
A203AStudioAED 330K · Oct 2014
A2041-bedAED 461K · Aug 2014
A205A1-bedAED 660K · Jul 2026
A205BStudioAED 295K · Aug 2014
A2061-bedAED 700K · Jan 2026
1–7 of 41

A203B, Silicon Gates 1 in numbers

  • Sold 4 times: first on 31 August 2013 for AED 340,610, last on 11 December 2023 for AED 350,000 (AED 823 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 43,000 to AED 33,600 a year.
  • At AED 33,600 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 6,300 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 11 December 2023.

Questions about A203B, Silicon Gates 1

What did unit A203B last sell for?

AED 350,000 on 11 December 2023: AED 823 per sqft for 425 sqft. The unit has 4 registered sales; the first was AED 340,610 in August 2013.

What is the rent for unit A203B?

AED 33,600 a year on the contract signed on 8 December 2021. The previous contract, from November 2019, was AED 35,000; the unit has been rented since September 2017.

How big is unit A203B?

425 sqft (39.5 sqm): a studio on the 2nd floor of a 25-storey tower completed in 2014.

What is unit A203B 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 A203B, Silicon Gates 1

Starts from the last sale price (AED 350K, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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