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Studio · 398 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

B-1607B, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1607B · DLD and Ejari recordsUpdated 29 November 2025
Last soldAED 320K6 October 2023
Current rentAED 38K /yr29 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1607B, Silicon Gates 1

What is B-1607B worth today?

Last sold for AED 320,000 in 2023

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29 Nov 2025RentedNew contract
AED 38,000/yr12 months · AED 96 per sqft
29 Nov 2024RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
17 Nov 2023RentedNew contract
AED 33,000/yr12 months · AED 83 per sqft
6 Oct 2023SoldReady
AED 320,000AED 804 per sqft
1 Feb 2023RentedRenewal
AED 26,450/yr12 months · AED 67 per sqft
1 Feb 2022RentedNew contract
AED 23,000/yr12 months · AED 58 per sqft
1 Jan 2021RentedRenewal
AED 23,000/yr12 months · AED 58 per sqft
1 Jan 2020RentedNew contract
AED 27,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 29 November 2025.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
16th of 25
Parking
B1-277
Developer
Time Properties
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 320K · October 2023
Building
Silicon Gates 1

About B-1607B, Silicon Gates 1

B-1607B is a studio of 398 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 6 October 2023 for AED 320,000, or AED 804 per sqft, 17% above the AED 686 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 29 November 2025, is AED 38,000 a year: a gross yield of 11.9% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for B-1607B over time

Sales
Unit B-1607B, 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 330,000 (AED 829 per sqft)Sold, November 2014: AED 330,000 (AED 829 per sqft)Sold, October 2023: AED 320,000 (AED 804 per sqft)

B-1607B has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B-1607B, 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 2015: AED 43,000 a yearNew contract, September 2016: AED 41,000 a yearRenewal, September 2017: AED 39,000 a yearNew contract, January 2020: AED 27,000 a yearRenewal, January 2021: AED 23,000 a yearNew contract, February 2022: AED 23,000 a yearRenewal, February 2023: AED 26,450 a yearNew contract, November 2023: AED 33,000 a yearNew contract, November 2024: AED 38,000 a yearNew contract, November 2025: AED 38,000 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-1607B sits

All 376 studios →

B-1607B last sold in October 2023 at AED 804 per sqft, 17% above what studios in Silicon Gates 1 were fetching at the time (AED 686). 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-1607B's AED 38,000 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-1607B, Silicon Gates 1 in numbers

  • Sold 3 times: first on 20 August 2009 for AED 330,000, last on 6 October 2023 for AED 320,000 (AED 804 per sqft).
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 43,000 to AED 23,000 in 2022 and recovered to AED 38,000 by November 2025.
  • At AED 38,000 a year the gross yield on the 2023 price is 11.9%, before a service charge of about AED 5,900 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 29 November 2025.

Questions about B-1607B, Silicon Gates 1

What did unit B-1607B last sell for?

AED 320,000 on 6 October 2023: AED 804 per sqft for 398 sqft. The unit has 3 registered sales; the first was AED 330,000 in August 2009.

What is the rent for unit B-1607B?

AED 38,000 a year on the contract signed on 29 November 2025. The previous contract, from November 2024, was AED 38,000; the unit has been rented since August 2015.

How big is unit B-1607B?

398 sqft (37.0 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit B-1607B 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-1607B, Silicon Gates 1

Starts from the last sale price (AED 320K, 6 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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