1-bed · 755 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

B-1208, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1208 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 554K1 June 2015
Current rentAED 46K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1208, Silicon Gates 1

What is B-1208 worth today?

Last sold for AED 553,700 in 2015

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1 Mar 2025RentedRenewal
AED 46,200/yr12 months · AED 61 per sqft
1 Mar 2025RentedRenewal
AED 46,200/yr12 months · AED 61 per sqft
1 May 2021RentedNew contract
AED 28,000/yr12 months · AED 37 per sqft
1 Jun 2015Sold by developerOff-plan
AED 553,700AED 733 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
12th of 25
Parking
B2-94
Developer
Time Properties
Completed
2014
Service charge
AED 11,300 /yr
Last sold
AED 554K · June 2015

About B-1208, Silicon Gates 1

B-1208 is a one-bedroom apartment of 755 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 553,700, or AED 733 per sqft, 11% below the AED 820 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 46,200 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 11,300 a year.

Sales and rents for B-1208 over time

Sales
Unit B-1208, each saleTypical one-bed in Silicon Gates 1
400K600K2009201420192024Typical 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, June 2015: AED 553,700 (AED 733 per sqft)

B-1208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1208, 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, May 2021: AED 28,000 a yearRenewal, March 2025: AED 46,200 a yearRenewal, March 2025: AED 46,200 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 B-1208 sits

All 371 1-beds →

B-1208 last sold in June 2015 at AED 733 per sqft, 11% below what one-beds in Silicon Gates 1 were fetching at the time (AED 820). 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. B-1208's AED 46,200 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 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-1208, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 1 June 2015 for AED 553,700, or AED 733 per sqft.
  • Rented since May 2021 on 3 Ejari contracts, from AED 28,000 to AED 46,200 a year.
  • At AED 46,200 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 11,300 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 1 March 2025.

Questions about B-1208, Silicon Gates 1

What did unit B-1208 last sell for?

AED 553,700 on 1 June 2015, sold by the developer: AED 733 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit B-1208?

AED 46,200 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 46,200; the unit has been rented since May 2021.

How big is unit B-1208?

755 sqft (70.1 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2014.

What is unit B-1208 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 B-1208, Silicon Gates 1

Starts from the last sale price (AED 554K, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 553,700
Deposit, UAE resident (20%)
AED 110,740
Deposit, non-resident (40%)
AED 221,480
Monthly over 25 years at 3.7%
AED 2,265

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