Home
Dubai prices
About
Research
Studio · 356 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

B-1603B, Silicon Gates 1

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1603B · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 252K28 September 2014
Current rentAED 35K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow B-1603B

Property timeline for B-1603B, Silicon Gates 1

What is B-1603B worth today?

Last sold for AED 252,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jul 2026RentedNew contract
AED 35,000/yr12 months · AED 98 per sqft
20 Mar 2025RentedNew contract
AED 39,000/yr12 months · AED 110 per sqft
20 Mar 2023RentedNew contract
AED 28,000/yr12 months · AED 79 per sqft
13 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 79 per sqft
15 Jan 2022RentedNew contract
AED 23,000/yr12 months · AED 65 per sqft
15 Jan 2021RentedNew contract
AED 18,000/yr12 months · AED 51 per sqft
20 Nov 2019RentedNew contract
AED 24,000/yr12 months · AED 67 per sqft
28 Sep 2014SoldReady
AED 252,000AED 708 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
Studio apartment
Size
356 sqft
Floor
16th of 25
Parking
B1-98
Developer
Time Properties
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 252K · September 2014
Building
Silicon Gates 1

About B-1603B, Silicon Gates 1

B-1603B 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 28 September 2014 for AED 252,000, or AED 708 per sqft, 18% below the AED 867 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 20 July 2026, is AED 35,000 a year: a gross yield of 13.9% on the 2014 price, before the service charge of about AED 5,300 a year.

Sales and rents for B-1603B over time

Sales
Unit B-1603B, 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 252,000 (AED 708 per sqft)Sold, September 2014: AED 252,000 (AED 708 per sqft)

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

Rents
Unit B-1603B, 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, July 2014: AED 40,000 a yearNew contract, November 2019: AED 24,000 a yearNew contract, January 2021: AED 18,000 a yearNew contract, January 2022: AED 23,000 a yearNew contract, February 2023: AED 28,000 a yearNew contract, March 2023: AED 28,000 a yearNew contract, March 2025: AED 39,000 a yearNew contract, July 2026: 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-1603B sits

All 376 studios →

B-1603B last sold in September 2014 at AED 708 per sqft, 18% below what studios in Silicon Gates 1 were fetching at the time (AED 867). 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-1603B'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 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-1603B, Silicon Gates 1 in numbers

  • Sold twice: first on 20 August 2009 for AED 252,000, last on 28 September 2014 for AED 252,000 (AED 708 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 18,000 in 2021 and recovered to AED 35,000 by July 2026.
  • At AED 35,000 a year the gross yield on the 2014 price is 13.9%, 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 20 July 2026.

Questions about B-1603B, Silicon Gates 1

What did unit B-1603B last sell for?

AED 252,000 on 28 September 2014: AED 708 per sqft for 356 sqft. The unit has 2 registered sales; the first was AED 252,000 in August 2009.

What is the rent for unit B-1603B?

AED 35,000 a year on the contract signed on 20 July 2026. The previous contract, from March 2025, was AED 39,000; the unit has been rented since July 2014.

How big is unit B-1603B?

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

What is unit B-1603B 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.

Selling B-1603B? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B-1603B, Silicon Gates 1

Starts from the last sale price (AED 252K, 28 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 252,000
Deposit, UAE resident (20%)
AED 50,400
Deposit, non-resident (40%)
AED 100,800
Monthly over 25 years at 3.7%
AED 1,031

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