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Studio · 460 sqftSilicon Gates 1, Dubai Silicon Oasis · 14th floor · completed 2014

B-1405, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1405 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 255K25 January 2023
Current rentAED 35K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1405, Silicon Gates 1

What is B-1405 worth today?

Last sold for AED 255,000 in 2023

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1 Aug 2024RentedRenewal
AED 35,000/yr12 months · AED 76 per sqft
1 Aug 2023RentedNew contract
AED 34,000/yr12 months · AED 73 per sqft
25 Jan 2023SoldReady
AED 255,000AED 554 per sqft
25 Jul 2021RentedNew contract
AED 21,000/yr12 months · AED 45 per sqft
15 Aug 2016RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
5 Nov 2014SoldReady
AED 344,000AED 748 per sqft
19 Aug 2009Sold by developerOff-plan
AED 344,000AED 748 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
14th of 25
Parking
B2-242
Developer
Time Properties
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 255K · January 2023
Building
Silicon Gates 1

About B-1405, Silicon Gates 1

B-1405 is a studio of 460 sqft on the 14th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 25 January 2023 for AED 255,000, or AED 554 per sqft, 14% below the AED 645 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 35,000 a year: a gross yield of 13.7% on the 2023 price, before the service charge of about AED 6,900 a year.

Sales and rents for B-1405 over time

Sales
Unit B-1405, 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 344,000 (AED 748 per sqft)Sold, November 2014: AED 344,000 (AED 748 per sqft)Sold, January 2023: AED 255,000 (AED 554 per sqft)

B-1405 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B-1405, 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, August 2016: AED 45,000 a yearNew contract, July 2021: AED 21,000 a yearNew contract, August 2023: AED 34,000 a yearRenewal, August 2024: AED 35,000 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-1405 sits

All 376 studios →

B-1405 last sold in January 2023 at AED 554 per sqft, 14% below what studios in Silicon Gates 1 were fetching at the time (AED 645). 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-1405's AED 35,000 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 14th floor

All 865 units in Silicon Gates 1
Value
A-14012-bedAED 690K · May 2022
A-1402StudioAED 400K · Oct 2016
A-1403AStudioAED 465K · Oct 2014
A-1403BStudioAED 272K · Dec 2014
A-1404A1-bedAED 914K · Feb 2015
A-1404BStudioAED 255K · Jan 2015
A-14051-bedAED 728K · Aug 2014
1–7 of 33

B-1405, Silicon Gates 1 in numbers

  • Sold 3 times: first on 19 August 2009 for AED 344,000, last on 25 January 2023 for AED 255,000 (AED 554 per sqft).
  • Rented since August 2016 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 21,000 in 2021 and recovered to AED 35,000 by August 2024.
  • At AED 35,000 a year the gross yield on the 2023 price is 13.7%, 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 1 August 2024.

Questions about B-1405, Silicon Gates 1

What did unit B-1405 last sell for?

AED 255,000 on 25 January 2023: AED 554 per sqft for 460 sqft. The unit has 3 registered sales; the first was AED 344,000 in August 2009.

What is the rent for unit B-1405?

AED 35,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 34,000; the unit has been rented since August 2016.

How big is unit B-1405?

460 sqft (42.7 sqm): a studio on the 14th floor of a 25-storey tower completed in 2014.

What is unit B-1405 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-1405, Silicon Gates 1

Starts from the last sale price (AED 255K, 25 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 255,000
Deposit, UAE resident (20%)
AED 51,000
Deposit, non-resident (40%)
AED 102,000
Monthly over 25 years at 3.7%
AED 1,043

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