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Studio · 446 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

A408, Silicon Gates 1

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

Unit A408 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 302K9 October 2014
Current rentAED 37K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A408, Silicon Gates 1

What is A408 worth today?

Last sold for AED 301,840 in 2014

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15 Dec 2025RentedRenewal
AED 37,000/yr12 months · AED 84 per sqft
15 Dec 2025RentedRenewal
AED 37,569/yr13 months · AED 85 per sqft
15 Dec 2024RentedRenewal
AED 34,000/yr12 months · AED 77 per sqft
15 Dec 2023RentedRenewal
AED 28,000/yr12 months · AED 63 per sqft
15 Dec 2022RentedRenewal
AED 25,000/yr12 months · AED 57 per sqft
15 Dec 2021RentedNew contract
AED 22,000/yr12 months · AED 50 per sqft
11 Oct 2019RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
1 Sep 2018RentedNew contract
AED 33,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
4th of 25
Parking
B3-90
Developer
Time Properties
Completed
2014
Service charge
AED 6,700 /yr
Last sold
AED 302K · October 2014
Building
Silicon Gates 1

About A408, Silicon Gates 1

A408 is a studio of 446 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 9 October 2014 for AED 301,840, or AED 677 per sqft, 22% below the AED 867 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 37,000 a year: a gross yield of 12.3% on the 2014 price, before the service charge of about AED 6,700 a year.

Sales and rents for A408 over time

Sales
Unit A408, 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 301,840 (AED 677 per sqft)Sold, October 2014: AED 301,840 (AED 677 per sqft)

A408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A408, 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, July 2017: AED 42,000 a yearNew contract, September 2018: AED 33,000 a yearNew contract, October 2019: AED 27,000 a yearNew contract, December 2021: AED 22,000 a yearRenewal, December 2022: AED 25,000 a yearRenewal, December 2023: AED 28,000 a yearRenewal, December 2024: AED 34,000 a yearRenewal, December 2025: AED 37,000 a yearRenewal, December 2025: AED 37,569 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 A408 sits

All 376 studios →

A408 last sold in October 2014 at AED 677 per sqft, 22% below what studios in Silicon Gates 1 were fetching at the time (AED 867). 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. A408's AED 37,000 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 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

A408, Silicon Gates 1 in numbers

  • Sold twice: first on 6 August 2009 for AED 301,840, last on 9 October 2014 for AED 301,840 (AED 677 per sqft).
  • Rented since July 2017 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 22,000 in 2021 and recovered to AED 37,000 by December 2025.
  • At AED 37,000 a year the gross yield on the 2014 price is 12.3%, before a service charge of about AED 6,700 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 15 December 2025.

Questions about A408, Silicon Gates 1

What did unit A408 last sell for?

AED 301,840 on 9 October 2014: AED 677 per sqft for 446 sqft. The unit has 2 registered sales; the first was AED 301,840 in August 2009.

What is the rent for unit A408?

AED 37,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2025, was AED 37,569; the unit has been rented since July 2017.

How big is unit A408?

446 sqft (41.4 sqm): a studio on the 4th floor of a 25-storey tower completed in 2014.

What is unit A408 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 A408, Silicon Gates 1

Starts from the last sale price (AED 302K, 9 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 301,840
Deposit, UAE resident (20%)
AED 60,368
Deposit, non-resident (40%)
AED 120,736
Monthly over 25 years at 3.7%
AED 1,235

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