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Studio · 356 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

B-1603A, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1603A · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 290K2 June 2023
Current rentAED 48K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1603A, Silicon Gates 1

What is B-1603A worth today?

Last sold for AED 290,000 in 2023

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1 Jul 2026RentedRenewal
AED 48,000/yr12 months · AED 135 per sqft
1 Jul 2025RentedNew contract
AED 48,000/yr12 months · AED 135 per sqft
29 May 2025RentedNew contract
AED 48,000/yr12 months · AED 135 per sqft
14 May 2024RentedRenewal
AED 32,000/yr12 months · AED 90 per sqft
2 Jun 2023SoldReady
AED 290,000AED 815 per sqft
2 Jun 2023RentedNew contract
AED 28,000/yr11 months · AED 79 per sqft
14 May 2023RentedNew contract
AED 28,000/yr12 months · AED 79 per sqft
10 Apr 2021RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
356 sqft
Floor
16th of 25
Parking
B1-99
Developer
Time Properties
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 290K · June 2023
Building
Silicon Gates 1

About B-1603A, Silicon Gates 1

B-1603A is a studio of 356 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 2 June 2023 for AED 290,000, or AED 815 per sqft, 25% above the AED 654 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 48,000 a year: a gross yield of 16.6% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for B-1603A over time

Sales
Unit B-1603A, 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 256,000 (AED 719 per sqft)Sold, August 2014: AED 256,000 (AED 719 per sqft)Sold, June 2023: AED 290,000 (AED 815 per sqft)

B-1603A has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B-1603A, 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, September 2017: AED 35,000 a yearNew contract, November 2018: AED 25,000 a yearNew contract, December 2019: AED 22,000 a yearNew contract, April 2021: AED 20,000 a yearNew contract, May 2023: AED 28,000 a yearNew contract, June 2023: AED 28,000 a yearRenewal, May 2024: AED 32,000 a yearNew contract, May 2025: AED 48,000 a yearNew contract, July 2025: AED 48,000 a yearRenewal, July 2026: AED 48,000 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-1603A sits

All 376 studios →

B-1603A last sold in June 2023 at AED 815 per sqft, 25% above what studios in Silicon Gates 1 were fetching at the time (AED 654). 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-1603A's AED 48,000 is in the upper 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 16th floor

All 865 units in Silicon Gates 1
Value
A-16012-bedAED 960K · Jun 2025
A-1602StudioAED 430K · Feb 2026
A-1603AStudioAED 245K · Apr 2021
A-1603BStudioAED 272K · Nov 2014
A-1604A1-bedAED 590K · Dec 2024
A-16051-bedAED 740K · Oct 2014
A-1606StudioAED 450K · Nov 2014
1–7 of 34

B-1603A, Silicon Gates 1 in numbers

  • Sold 3 times: first on 20 August 2009 for AED 256,000, last on 2 June 2023 for AED 290,000 (AED 815 per sqft).
  • Rented since September 2017 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 20,000 in 2021 and recovered to AED 48,000 by July 2026.
  • At AED 48,000 a year the gross yield on the 2023 price is 16.6%, before a service charge of about AED 5,300 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 July 2026.

Questions about B-1603A, Silicon Gates 1

What did unit B-1603A last sell for?

AED 290,000 on 2 June 2023: AED 815 per sqft for 356 sqft. The unit has 3 registered sales; the first was AED 256,000 in August 2009.

What is the rent for unit B-1603A?

AED 48,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 48,000; the unit has been rented since September 2017.

How big is unit B-1603A?

356 sqft (33.1 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit B-1603A 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-1603A, Silicon Gates 1

Starts from the last sale price (AED 290K, 2 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

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