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1-bed · 790 sqftSilicon Gates 1, Dubai Silicon Oasis · 3rd floor · completed 2014

A304, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A304 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 615K20 November 2024
Current rentAED 38K /yr4 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A304, Silicon Gates 1

What is A304 worth today?

Last sold for AED 615,000 in 2024

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20 Nov 2024SoldReady
AED 615,000AED 778 per sqft
4 Feb 2024RentedRenewal
AED 37,970/yr11 months · AED 48 per sqft
4 Feb 2023RentedRenewal
AED 33,000/yr12 months · AED 42 per sqft
4 Feb 2022RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
4 Feb 2021RentedNew contract
AED 30,500/yr12 months · AED 39 per sqft
3 Jan 2020RentedRenewal
AED 43,000/yr12 months · AED 54 per sqft
3 Jan 2019RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft
18 Dec 2017RentedRenewal
AED 60,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
1-bed apartment
Size
790 sqft
Floor
3rd of 25
Parking
B3-67
Developer
Time Properties
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 615K · November 2024
Building
Silicon Gates 1

About A304, Silicon Gates 1

A304 is a one-bedroom apartment of 790 sqft on the 3rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 20 November 2024 for AED 615,000, or AED 778 per sqft, 18% above the AED 660 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 4 February 2024, is AED 37,970 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for A304 over time

Sales
Unit A304, each saleTypical one-bed in Silicon Gates 1
200K400K600K2009201420192024Typical sale price by year: 2009 AED 638,000; 2011 AED 656,541; 2013 AED 579,802; 2014 AED 681,000; 2015 AED 652,500; 2016 AED 600,000; 2017 AED 630,000; 2018 AED 550,000; 2019 AED 425,000; 2020 AED 320,000; 2021 AED 389,500; 2022 AED 405,000; 2023 AED 447,500; 2024 AED 530,000; 2025 AED 615,000; 2026 AED 660,000Sold by developer, July 2009: AED 264,500 (AED 334 per sqft)Sold, December 2014: AED 264,500 (AED 334 per sqft)Sold, November 2024: AED 615,000 (AED 778 per sqft)

A304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A304, each contractTypical one-bed in Silicon Gates 1
40K60K2014201820222026Typical rent by year: 2014 AED 64,826; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,789; 2024 AED 45,000; 2025 AED 50,250; 2026 AED 55,000New contract, December 2014: AED 70,000 a yearNew contract, December 2015: AED 70,000 a yearRenewal, December 2016: AED 70,000 a yearRenewal, December 2017: AED 60,000 a yearNew contract, January 2019: AED 43,000 a yearRenewal, January 2020: AED 43,000 a yearNew contract, February 2021: AED 30,500 a yearNew contract, February 2022: AED 33,000 a yearRenewal, February 2023: AED 33,000 a yearRenewal, February 2024: AED 37,970 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silicon Gates 1, and where A304 sits

All 371 1-beds →

A304 last sold in November 2024 at AED 778 per sqft, 18% above what one-beds in Silicon Gates 1 were fetching at the time (AED 660). Over the last 12 months one-beds sold for AED 343,480 to 750,000, around AED 769 per sqft, and rent for AED 35,801 to 80,000 a year. A304's AED 37,970 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 2026540,696
14 Oct 2026706,000
2 Oct 2026675,000
17 Sep 2026550,000
30 1-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 3rd floor

All 865 units in Silicon Gates 1
Value
A3012-bedAED 394K · Dec 2014
A302StudioAED 268K · Dec 2022
A303AStudioAED 545K · Feb 2026
A303BStudioAED 435K · Nov 2014
A305A1-bedAED 1.03M · Aug 2014
A305BStudioAED 455K · Sep 2015
A3061-bedAED 769K · Aug 2014
1–7 of 41

A304, Silicon Gates 1 in numbers

  • Sold 3 times: first on 13 July 2009 for AED 264,500, last on 20 November 2024 for AED 615,000 (AED 778 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 30,500 in 2021 and recovered to AED 37,970 by February 2024.
  • At AED 37,970 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 11,800 a year (AED 14.94 per sqft).
  • One-beds in Silicon Gates 1 sold for AED 343,480–750,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 20 November 2024.

Questions about A304, Silicon Gates 1

What did unit A304 last sell for?

AED 615,000 on 20 November 2024: AED 778 per sqft for 790 sqft. The unit has 3 registered sales; the first was AED 264,500 in July 2009.

What is the rent for unit A304?

AED 37,970 a year on the contract renewed on 4 February 2024. The previous contract, from February 2023, was AED 33,000; the unit has been rented since December 2014.

How big is unit A304?

790 sqft (73.4 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2014.

What is unit A304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 1 sold for AED 343,480 to 750,000 in the last 12 months, around AED 769 per sqft.

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Mortgage on A304, Silicon Gates 1

Starts from the last sale price (AED 615K, 20 November 2024). 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 →