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1-bed · 803 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

B-1209, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1209 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 730K13 May 2015
Current rentAED 52K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1209, Silicon Gates 1

What is B-1209 worth today?

Last sold for AED 730,000 in 2015

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15 Oct 2024RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
17 Jul 2020RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
15 May 2018RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
13 May 2015SoldReady
AED 730,000AED 908 per sqft
15 Jan 2015RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
12 Nov 2014SoldReady
AED 302,000AED 376 per sqft
13 Jul 2009Sold by developerOff-plan
AED 302,000AED 376 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
12th of 25
Parking
B2-278
Developer
Time Properties
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 730K · May 2015
Building
Silicon Gates 1

About B-1209, Silicon Gates 1

B-1209 is a one-bedroom apartment of 803 sqft on the 12th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 13 May 2015 for AED 730,000, or AED 908 per sqft, 11% above the AED 820 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 October 2024, is AED 52,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 12,000 a year.

Sales and rents for B-1209 over time

Sales
Unit B-1209, each saleTypical one-bed in Silicon Gates 1
400K600K800K2009201420192024Typical 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 302,000 (AED 376 per sqft)Sold, November 2014: AED 302,000 (AED 376 per sqft)Sold, May 2015: AED 730,000 (AED 908 per sqft)

B-1209 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1209, 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, January 2015: AED 60,000 a yearNew contract, May 2018: AED 55,000 a yearNew contract, July 2020: AED 33,000 a yearNew contract, October 2024: AED 52,000 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 B-1209 sits

All 371 1-beds →

B-1209 last sold in May 2015 at AED 908 per sqft, 11% above 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-1209's AED 52,000 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-1209, Silicon Gates 1 in numbers

  • Sold 3 times: first on 13 July 2009 for AED 302,000, last on 13 May 2015 for AED 730,000 (AED 908 per sqft).
  • Rented since January 2015 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 33,000 in 2020 and recovered to AED 52,000 by October 2024.
  • At AED 52,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 12,000 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 15 October 2024.

Questions about B-1209, Silicon Gates 1

What did unit B-1209 last sell for?

AED 730,000 on 13 May 2015: AED 908 per sqft for 803 sqft. The unit has 3 registered sales; the first was AED 302,000 in July 2009.

What is the rent for unit B-1209?

AED 52,000 a year on the contract signed on 15 October 2024. The previous contract, from July 2020, was AED 33,000; the unit has been rented since January 2015.

How big is unit B-1209?

803 sqft (74.6 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2014.

What is unit B-1209 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-1209, Silicon Gates 1

Starts from the last sale price (AED 730K, 13 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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