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1-bed · 791 sqftSilicon Gates 1, Dubai Silicon Oasis · 13th floor · completed 2014

B-1302, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1302 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 515K10 July 2024
Current rentAED 39K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1302, Silicon Gates 1

What is B-1302 worth today?

Last sold for AED 515,000 in 2024

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10 Jul 2024SoldReady
AED 515,000AED 650 per sqft
1 Nov 2023RentedRenewal
AED 38,500/yr12 months · AED 49 per sqft
6 Feb 2023SoldReady
AED 490,000AED 619 per sqft
1 Nov 2022RentedRenewal
AED 35,000/yr12 months · AED 44 per sqft
1 Nov 2021RentedNew contract
AED 32,000/yr12 months · AED 40 per sqft
1 Nov 2020RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
1 Nov 2019RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
4 Sep 2017RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
13th of 25
Parking
B2-275
Developer
Time Properties
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 515K · July 2024
Building
Silicon Gates 1

About B-1302, Silicon Gates 1

B-1302 is a one-bedroom apartment of 791 sqft on the 13th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 10 July 2024 for AED 515,000, or AED 650 per sqft, 5% above the AED 619 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 38,500 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for B-1302 over time

Sales
Unit B-1302, 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, July 2009: AED 322,500 (AED 407 per sqft)Sold, October 2015: AED 322,500 (AED 407 per sqft)Sold, February 2023: AED 490,000 (AED 619 per sqft)Sold, July 2024: AED 515,000 (AED 650 per sqft)

B-1302 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1302, 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, June 2015: AED 65,000 a yearRenewal, June 2016: AED 65,000 a yearNew contract, September 2017: AED 55,000 a yearNew contract, November 2019: AED 38,000 a yearNew contract, November 2020: AED 33,000 a yearNew contract, November 2021: AED 32,000 a yearRenewal, November 2022: AED 35,000 a yearRenewal, November 2023: AED 38,500 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-1302 sits

All 371 1-beds →

B-1302 last sold in July 2024 at AED 650 per sqft, 5% above what one-beds in Silicon Gates 1 were fetching at the time (AED 619). 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-1302's AED 38,500 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 13th floor

All 865 units in Silicon Gates 1
Value
A-13013-bedNo registered sale
A-1302StudioAED 470K · May 2015
A-1303AStudioAED 363K · Feb 2015
A-1303BStudioAED 218K · Jul 2022
A-1304A1-bedAED 725K · Sep 2014
A-1304BStudioAED 300K · Aug 2024
A-13051-bedAED 697K · Aug 2014
1–7 of 34

B-1302, Silicon Gates 1 in numbers

  • Sold 4 times: first on 13 July 2009 for AED 322,500, last on 10 July 2024 for AED 515,000 (AED 650 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 32,000 in 2021 and recovered to AED 38,500 by November 2023.
  • At AED 38,500 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 11,800 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 10 July 2024.

Questions about B-1302, Silicon Gates 1

What did unit B-1302 last sell for?

AED 515,000 on 10 July 2024: AED 650 per sqft for 791 sqft. The unit has 4 registered sales; the first was AED 322,500 in July 2009.

What is the rent for unit B-1302?

AED 38,500 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 35,000; the unit has been rented since June 2015.

How big is unit B-1302?

791 sqft (73.5 sqm): a one-bedroom apartment on the 13th floor of a 25-storey tower completed in 2014.

What is unit B-1302 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-1302, Silicon Gates 1

Starts from the last sale price (AED 515K, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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