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1-bed · 798 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

B-1609, Silicon Gates 1

Sold prices and rental history: sold 5 times, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1609 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 600K20 March 2025
Current rentAED 46K /yr12 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1609, Silicon Gates 1

What is B-1609 worth today?

Last sold for AED 600,000 in 2025

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20 Mar 2025SoldReady
AED 600,000AED 752 per sqft
18 Nov 2024SoldReady
AED 600,000AED 752 per sqft
12 Apr 2024RentedRenewal
AED 45,500/yr12 months · AED 57 per sqft
12 Apr 2023RentedNew contract
AED 44,000/yr12 months · AED 55 per sqft
12 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
1 Nov 2019RentedNew contract
AED 62,500/yr12 months · AED 78 per sqft
1 Nov 2018RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
10 Oct 2017SoldReady
AED 630,000AED 789 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
798 sqft
Floor
16th of 25
Parking
B1-266
Developer
Time Properties
Completed
2014
Service charge
AED 11,900 /yr
Last sold
AED 600K · March 2025
Building
Silicon Gates 1

About B-1609, Silicon Gates 1

B-1609 is a one-bedroom apartment of 798 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 20 March 2025 for AED 600,000, or AED 752 per sqft, 13% above the AED 665 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 12 April 2024, is AED 45,500 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for B-1609 over time

Sales
Unit B-1609, 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, August 2009: AED 693,000 (AED 868 per sqft)Sold, October 2014: AED 693,000 (AED 868 per sqft)Sold, October 2017: AED 630,000 (AED 789 per sqft)Sold, November 2024: AED 600,000 (AED 752 per sqft)Sold, March 2025: AED 600,000 (AED 752 per sqft)

B-1609 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1609, 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, November 2015: AED 68,000 a yearRenewal, November 2016: AED 68,000 a yearNew contract, November 2018: AED 55,000 a yearNew contract, November 2019: AED 62,500 a yearNew contract, April 2021: AED 30,000 a yearNew contract, April 2023: AED 44,000 a yearRenewal, April 2024: AED 45,500 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-1609 sits

All 371 1-beds →

B-1609 last sold in March 2025 at AED 752 per sqft, 13% above what one-beds in Silicon Gates 1 were fetching at the time (AED 665). 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-1609's AED 45,500 is in the lower 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-1609, Silicon Gates 1 in numbers

  • Sold 5 times: first on 20 August 2009 for AED 693,000, last on 20 March 2025 for AED 600,000 (AED 752 per sqft).
  • Rented since November 2015 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 30,000 in 2021 and recovered to AED 45,500 by April 2024.
  • At AED 45,500 a year the gross yield on the 2025 price is 7.6%, 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 20 March 2025.

Questions about B-1609, Silicon Gates 1

What did unit B-1609 last sell for?

AED 600,000 on 20 March 2025: AED 752 per sqft for 798 sqft. The unit has 5 registered sales; the first was AED 693,000 in August 2009.

What is the rent for unit B-1609?

AED 45,500 a year on the contract renewed on 12 April 2024. The previous contract, from April 2023, was AED 44,000; the unit has been rented since November 2015.

How big is unit B-1609?

798 sqft (74.1 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2014.

What is unit B-1609 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-1609, Silicon Gates 1

Starts from the last sale price (AED 600K, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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