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1-bed · 856 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

B-1608, Silicon Gates 1

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1608 · DLD and Ejari recordsUpdated 22 April 2026
Last soldAED 530K27 February 2024
Current rentAED 66K /yr22 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1608, Silicon Gates 1

What is B-1608 worth today?

Last sold for AED 530,000 in 2024

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22 Apr 2026RentedNew contract
AED 66,000/yr12 months · AED 77 per sqft
15 Apr 2025RentedNew contract
AED 71,000/yr12 months · AED 83 per sqft
15 Apr 2025RentedNew contract
AED 71,000/yr12 months · AED 83 per sqft
20 Nov 2024RentedNew contract
AED 43,716/yr3 months · AED 51 per sqft
27 Feb 2024SoldReady
AED 530,000AED 619 per sqft
20 Nov 2023RentedRenewal
AED 39,600/yr12 months · AED 47 per sqft
20 Nov 2022RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
20 Nov 2021RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 22 April 2026.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
16th of 25
Parking
B1-276
Developer
Time Properties
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 530K · February 2024
Building
Silicon Gates 1

About B-1608, Silicon Gates 1

B-1608 is a one-bedroom apartment of 856 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 27 February 2024 for AED 530,000, or AED 619 per sqft, 6% above the AED 586 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 22 April 2026, is AED 66,000 a year: a gross yield of 12.4% on the 2024 price, before the service charge of about AED 12,800 a year.

Sales and rents for B-1608 over time

Sales
Unit B-1608, 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, June 2015: AED 579,000 (AED 676 per sqft)Sold, February 2024: AED 530,000 (AED 619 per sqft)

B-1608 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1608, each contractTypical one-bed in Silicon Gates 1
25K50K75K2014201820222026Typical 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, November 2015: AED 75,000 a yearNew contract, February 2018: AED 56,000 a yearNew contract, December 2018: AED 45,000 a yearNew contract, December 2019: AED 42,000 a yearNew contract, November 2021: AED 33,000 a yearRenewal, November 2022: AED 36,000 a yearRenewal, November 2023: AED 39,600 a yearNew contract, November 2024: AED 43,716 a yearNew contract, April 2025: AED 71,000 a yearNew contract, April 2025: AED 71,000 a yearNew contract, April 2026: AED 66,000 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-1608 sits

All 371 1-beds →

B-1608 last sold in February 2024 at AED 619 per sqft, 6% above what one-beds in Silicon Gates 1 were fetching at the time (AED 586). 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-1608's AED 66,000 is in the upper half 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-1608, Silicon Gates 1 in numbers

  • Sold twice: first on 1 June 2015 for AED 579,000, last on 27 February 2024 for AED 530,000 (AED 619 per sqft).
  • Rented since November 2015 on 11 Ejari contracts. The rent fell from AED 75,000 to AED 33,000 in 2021 and recovered to AED 66,000 by April 2026.
  • At AED 66,000 a year the gross yield on the 2024 price is 12.4%, before a service charge of about AED 12,800 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 22 April 2026.

Questions about B-1608, Silicon Gates 1

What did unit B-1608 last sell for?

AED 530,000 on 27 February 2024: AED 619 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 579,000 in June 2015.

What is the rent for unit B-1608?

AED 66,000 a year on the contract signed on 22 April 2026. The previous contract, from April 2025, was AED 71,000; the unit has been rented since November 2015.

How big is unit B-1608?

856 sqft (79.5 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2014.

What is unit B-1608 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-1608, Silicon Gates 1

Starts from the last sale price (AED 530K, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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