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Studio · 459 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

B-1201, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1201 · DLD and Ejari recordsUpdated 5 January 2024
Last soldAED 289K1 June 2015
Current rentAED 34K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1201, Silicon Gates 1

What is B-1201 worth today?

Last sold for AED 288,575 in 2015

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5 Jan 2024RentedRenewal
AED 34,000/yr12 months · AED 74 per sqft
5 Jan 2023RentedNew contract
AED 29,500/yr12 months · AED 64 per sqft
5 Jan 2022RentedNew contract
AED 27,000/yr12 months · AED 58 per sqft
19 Nov 2016RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
19 Nov 2015RentedRenewal
AED 50,000/yr12 months · AED 108 per sqft
1 Jun 2015Sold by developerOff-plan
AED 288,575AED 628 per sqft
19 Nov 2014RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 5 January 2024.

Key facts

Type
Studio apartment
Size
459 sqft
Floor
12th of 25
Parking
B2-17
Developer
Time Properties
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 289K · June 2015
Building
Silicon Gates 1

About B-1201, Silicon Gates 1

B-1201 is a studio of 459 sqft on the 12th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 1 June 2015 for AED 288,575, or AED 628 per sqft, 27% below the AED 855 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 5 January 2024, is AED 34,000 a year: a gross yield of 11.8% on the 2015 price, before the service charge of about AED 6,900 a year.

Sales and rents for B-1201 over time

Sales
Unit B-1201, 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, June 2015: AED 288,575 (AED 628 per sqft)

B-1201 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-1201, 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, November 2014: AED 50,000 a yearRenewal, November 2015: AED 50,000 a yearRenewal, November 2016: AED 45,000 a yearNew contract, January 2022: AED 27,000 a yearNew contract, January 2023: AED 29,500 a yearRenewal, January 2024: AED 34,000 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 B-1201 sits

All 376 studios →

B-1201 last sold in June 2015 at AED 628 per sqft, 27% below what studios in Silicon Gates 1 were fetching at the time (AED 855). 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. B-1201's AED 34,000 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 12th floor

All 865 units in Silicon Gates 1
Value
A-12012-bedAED 1.25M · Feb 2015
A-1202StudioAED 667K · Nov 2014
A-1203AStudioAED 435K · Feb 2025
A-1203BStudioAED 420K · Aug 2014
A-12041-bedAED 630K · Oct 2025
A-1205A1-bedAED 610K · May 2018
A-1205BStudioAED 395K · May 2025
1–7 of 40

B-1201, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 1 June 2015 for AED 288,575, or AED 628 per sqft.
  • Rented since November 2014 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 27,000 in 2022 and recovered to AED 34,000 by January 2024.
  • At AED 34,000 a year the gross yield on the 2015 price is 11.8%, before a service charge of about AED 6,900 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 5 January 2024.

Questions about B-1201, Silicon Gates 1

What did unit B-1201 last sell for?

AED 288,575 on 1 June 2015, sold by the developer: AED 628 per sqft for 459 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1201?

AED 34,000 a year on the contract renewed on 5 January 2024. The previous contract, from January 2023, was AED 29,500; the unit has been rented since November 2014.

How big is unit B-1201?

459 sqft (42.6 sqm): a studio on the 12th floor of a 25-storey tower completed in 2014.

What is unit B-1201 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 B-1201, Silicon Gates 1

Starts from the last sale price (AED 289K, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 288,575
Deposit, UAE resident (20%)
AED 57,715
Deposit, non-resident (40%)
AED 115,430
Monthly over 25 years at 3.7%
AED 1,181

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