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1-bed · 797 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

B-1604, Silicon Gates 1

Sold prices and rental history: sold 5 times, last in February 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1604 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 630K7 February 2025
Current rentAED 35K /yr17 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1604, Silicon Gates 1

What is B-1604 worth today?

Last sold for AED 630,000 in 2025

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7 Feb 2025SoldReady
AED 630,000AED 790 per sqft
16 Dec 2024SoldReady
AED 508,300AED 637 per sqft
17 Mar 2023RentedRenewal
AED 34,599/yr12 months · AED 43 per sqft
17 Mar 2022RentedRenewal
AED 30,000/yr12 months · AED 38 per sqft
23 Sep 2021SoldReady
AED 400,000AED 501 per sqft
17 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 34 per sqft
2 Oct 2019RentedNew contract
AED 44,000/yr12 months · AED 55 per sqft
2 Oct 2017RentedNew contract
AED 52,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
16th of 25
Parking
B1-97
Developer
Time Properties
Completed
2014
Service charge
AED 11,900 /yr
Last sold
AED 630K · February 2025
Building
Silicon Gates 1

About B-1604, Silicon Gates 1

B-1604 is a one-bedroom apartment of 797 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 7 February 2025 for AED 630,000, or AED 790 per sqft, 20% above the AED 658 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 17 March 2023, is AED 34,599 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for B-1604 over time

Sales
Unit B-1604, 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 331,000 (AED 415 per sqft)Sold, May 2016: AED 331,000 (AED 415 per sqft)Sold, September 2021: AED 400,000 (AED 501 per sqft)Sold, December 2024: AED 508,300 (AED 637 per sqft)Sold, February 2025: AED 630,000 (AED 790 per sqft)

B-1604 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1604, 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, September 2016: AED 64,000 a yearNew contract, October 2017: AED 52,000 a yearNew contract, October 2019: AED 44,000 a yearNew contract, March 2021: AED 27,000 a yearRenewal, March 2022: AED 30,000 a yearRenewal, March 2023: AED 34,599 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-1604 sits

All 371 1-beds →

B-1604 last sold in February 2025 at AED 790 per sqft, 20% above what one-beds in Silicon Gates 1 were fetching at the time (AED 658). 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-1604's AED 34,599 is at the bottom 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 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-1604, Silicon Gates 1 in numbers

  • Sold 5 times: first on 22 July 2009 for AED 331,000, last on 7 February 2025 for AED 630,000 (AED 790 per sqft).
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 64,000 to AED 27,000 in 2021 and recovered to AED 34,599 by March 2023.
  • At AED 34,599 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 11,900 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 7 February 2025.

Questions about B-1604, Silicon Gates 1

What did unit B-1604 last sell for?

AED 630,000 on 7 February 2025: AED 790 per sqft for 797 sqft. The unit has 5 registered sales; the first was AED 331,000 in July 2009.

What is the rent for unit B-1604?

AED 34,599 a year on the contract renewed on 17 March 2023. The previous contract, from March 2022, was AED 30,000; the unit has been rented since September 2016.

How big is unit B-1604?

797 sqft (74.0 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2014.

What is unit B-1604 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-1604, Silicon Gates 1

Starts from the last sale price (AED 630K, 7 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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