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

B-2208, Silicon Gates 1

Sold prices and rental history: sold twice, last in August 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-2208 · DLD and Ejari recordsUpdated 5 January 2022
Last soldAED 632K21 August 2014
Current rentAED 29K /yr5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-2208, Silicon Gates 1

What is B-2208 worth today?

Last sold for AED 632,100 in 2014

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5 Jan 2022RentedNew contract
AED 29,000/yr12 months · AED 38 per sqft
1 Nov 2019RentedRenewal
AED 38,000/yr12 months · AED 50 per sqft
1 Nov 2018RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
25 May 2015RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
21 Aug 2014SoldReady
AED 632,100AED 836 per sqft
26 Aug 2009Sold by developerOff-plan
AED 632,100AED 836 per sqft

Source: Dubai Land Department. Updated 5 January 2022.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
22nd of 25
Parking
G-109
Developer
Time Properties
Completed
2014
Service charge
AED 11,300 /yr
Last sold
AED 632K · August 2014

About B-2208, Silicon Gates 1

B-2208 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 21 August 2014 for AED 632,100, or AED 836 per sqft, in line with the AED 833 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 5 January 2022, is AED 29,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 11,300 a year.

Sales and rents for B-2208 over time

Sales
Unit B-2208, 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 632,100 (AED 836 per sqft)Sold, August 2014: AED 632,100 (AED 836 per sqft)

B-2208 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-2208, 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, May 2015: AED 60,000 a yearNew contract, November 2018: AED 42,000 a yearRenewal, November 2019: AED 38,000 a yearNew contract, January 2022: AED 29,000 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-2208 sits

All 371 1-beds →

B-2208 last sold in August 2014 at AED 836 per sqft, in line with what one-beds in Silicon Gates 1 were fetching at the time (AED 833). 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-2208's AED 29,000 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 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-2208, Silicon Gates 1 in numbers

  • Sold twice: first on 26 August 2009 for AED 632,100, last on 21 August 2014 for AED 632,100 (AED 836 per sqft).
  • Rented since May 2015 on 4 Ejari contracts, from AED 60,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2014 price is 4.6%, 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 5 January 2022.

Questions about B-2208, Silicon Gates 1

What did unit B-2208 last sell for?

AED 632,100 on 21 August 2014: AED 836 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 632,100 in August 2009.

What is the rent for unit B-2208?

AED 29,000 a year on the contract signed on 5 January 2022. The previous contract, from November 2019, was AED 38,000; the unit has been rented since May 2015.

How big is unit B-2208?

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-2208 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-2208, Silicon Gates 1

Starts from the last sale price (AED 632K, 21 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 632,100
Deposit, UAE resident (20%)
AED 126,420
Deposit, non-resident (40%)
AED 252,840
Monthly over 25 years at 3.7%
AED 2,586

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