1-bed · 755 sqftSilicon Gates 1, Dubai Silicon Oasis · 22nd floor · completed 2014

B-2204, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in August 2016, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-2204 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 600K4 August 2016
Current rentAED 47K /yr23 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-2204, Silicon Gates 1

What is B-2204 worth today?

Last sold for AED 600,000 in 2016

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23 Nov 2023RentedRenewal
AED 46,800/yr12 months · AED 62 per sqft
23 Nov 2022RentedNew contract
AED 46,800/yr12 months · AED 62 per sqft
5 Feb 2018RentedNew contract
AED 67,000/yr12 months · AED 89 per sqft
4 Aug 2016SoldReady
AED 600,000AED 794 per sqft
23 Jun 2015SoldReady
AED 655,000AED 867 per sqft
27 Oct 2014SoldReady
AED 626,895AED 830 per sqft
2 Dec 2013Sold by developerOff-plan
AED 626,895AED 830 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
22nd of 25
Parking
G-80
Developer
Time Properties
Completed
2014
Service charge
AED 11,300 /yr
Last sold
AED 600K · August 2016

About B-2204, Silicon Gates 1

B-2204 is a one-bedroom apartment of 755 sqft on the 22nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 4 August 2016 for AED 600,000, or AED 794 per sqft, 24% above the AED 638 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 23 November 2023, is AED 46,800 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 11,300 a year.

Sales and rents for B-2204 over time

Sales
Unit B-2204, 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, December 2013: AED 626,895 (AED 830 per sqft)Sold, October 2014: AED 626,895 (AED 830 per sqft)Sold, June 2015: AED 655,000 (AED 867 per sqft)Sold, August 2016: AED 600,000 (AED 794 per sqft)

B-2204 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-2204, 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, February 2018: AED 67,000 a yearNew contract, November 2022: AED 46,800 a yearRenewal, November 2023: AED 46,800 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-2204 sits

All 371 1-beds →

B-2204 last sold in August 2016 at AED 794 per sqft, 24% above what one-beds in Silicon Gates 1 were fetching at the time (AED 638). 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-2204's AED 46,800 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 22nd floor

All 865 units in Silicon Gates 1
Value
A-22012-bedAED 985K · Sep 2014
A-2202StudioAED 300K · Apr 2017
A-2203AStudioAED 345K · Nov 2014
A-2203BStudioAED 220K · Mar 2015
A-2204A1-bedAED 603K · Nov 2014
A-2204BStudioAED 240K · Apr 2023
A-22051-bedAED 616K · Oct 2014
1–7 of 34

B-2204, Silicon Gates 1 in numbers

  • Sold 4 times: first on 2 December 2013 for AED 626,895, last on 4 August 2016 for AED 600,000 (AED 794 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 67,000 to AED 46,800 a year.
  • At AED 46,800 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 11,300 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 23 November 2023.

Questions about B-2204, Silicon Gates 1

What did unit B-2204 last sell for?

AED 600,000 on 4 August 2016: AED 794 per sqft for 755 sqft. The unit has 4 registered sales; the first was AED 626,895 in December 2013.

What is the rent for unit B-2204?

AED 46,800 a year on the contract renewed on 23 November 2023. The previous contract, from November 2022, was AED 46,800; the unit has been rented since February 2018.

How big is unit B-2204?

755 sqft (70.1 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2014.

What is unit B-2204 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-2204, Silicon Gates 1

Starts from the last sale price (AED 600K, 4 August 2016). 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 →