1-bed · 955 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

A406, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A406 · DLD and Ejari recordsUpdated 17 April 2021
Last soldAED 850K17 September 2014
Current rentAED 35K /yr17 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A406, Silicon Gates 1

What is A406 worth today?

Last sold for AED 850,000 in 2014

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17 Apr 2021RentedRenewal
AED 35,000/yr12 months · AED 37 per sqft
1 Apr 2020RentedNew contract
AED 38,298/yr12 months · AED 40 per sqft
28 Sep 2018RentedNew contract
AED 52,000/yr12 months · AED 54 per sqft
1 Nov 2017RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
17 Sep 2014SoldReady
AED 850,000AED 889 per sqft
7 May 2014SoldOff-plan
AED 850,000AED 889 per sqft
4 Apr 2011Sold by developerOff-plan
AED 655,600AED 686 per sqft

Source: Dubai Land Department. Updated 17 April 2021.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
4th of 25
Parking
B3-86
Developer
Time Properties
Completed
2014
Service charge
AED 14,300 /yr
Last sold
AED 850K · September 2014

About A406, Silicon Gates 1

A406 is a one-bedroom apartment of 955 sqft on the 4th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 17 September 2014 for AED 850,000, or AED 889 per sqft, 8% above the AED 824 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 17 April 2021, is AED 35,000 a year: a gross yield of 4.1% on the 2014 price, before the service charge of about AED 14,300 a year.

Sales and rents for A406 over time

Sales
Unit A406, each saleTypical one-bed in Silicon Gates 1
250K500K750K2009201420192024Typical 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, April 2011: AED 655,600 (AED 686 per sqft)Sold, May 2014: AED 850,000 (AED 889 per sqft)Sold, September 2014: AED 850,000 (AED 889 per sqft)

A406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit A406, 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, November 2017: AED 60,000 a yearNew contract, September 2018: AED 52,000 a yearNew contract, April 2020: AED 38,298 a yearRenewal, April 2021: AED 35,000 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 A406 sits

All 371 1-beds →

A406 last sold in September 2014 at AED 889 per sqft, 8% above what one-beds in Silicon Gates 1 were fetching at the time (AED 824). 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. A406's AED 35,000 is at the bottom 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 4th floor

All 865 units in Silicon Gates 1
Value
A4012-bedAED 942K · Jun 2015
A402StudioAED 325K · Sep 2023
A403AStudioAED 442K · Sep 2014
A403BStudioAED 290K · Nov 2022
A4041-bedAED 695K · Feb 2016
A405A1-bedAED 680K · Aug 2014
A405BStudioAED 370K · Jul 2025
1–7 of 41

A406, Silicon Gates 1 in numbers

  • Sold 3 times: first on 4 April 2011 for AED 655,600, last on 17 September 2014 for AED 850,000 (AED 889 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 4.1%, before a service charge of about AED 14,300 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 17 April 2021.

Questions about A406, Silicon Gates 1

What did unit A406 last sell for?

AED 850,000 on 17 September 2014: AED 889 per sqft for 955 sqft. The unit has 3 registered sales; the first was AED 655,600 in April 2011.

What is the rent for unit A406?

AED 35,000 a year on the contract renewed on 17 April 2021. The previous contract, from April 2020, was AED 38,298; the unit has been rented since November 2017.

How big is unit A406?

955 sqft (88.7 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2014.

What is unit A406 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 A406, Silicon Gates 1

Starts from the last sale price (AED 850K, 17 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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