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Studio · 308 sqftSilicon Gates 1, Dubai Silicon Oasis · 23rd floor · completed 2014

B-2303B, Silicon Gates 1

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

Unit B-2303B · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 413K6 November 2014
Current rentAED 29K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-2303B, Silicon Gates 1

What is B-2303B worth today?

Last sold for AED 412,650 in 2014

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15 Mar 2025RentedNew contract
AED 28,600/yr12 months · AED 93 per sqft
25 Feb 2022RentedNew contract
AED 20,000/yr12 months · AED 65 per sqft
1 Jan 2021RentedRenewal
AED 25,000/yr12 months · AED 81 per sqft
1 Jan 2020RentedNew contract
AED 25,000/yr12 months · AED 81 per sqft
25 Sep 2017RentedNew contract
AED 33,000/yr12 months · AED 106 per sqft
6 Nov 2014SoldReady
AED 412,650AED 1,340 per sqft
1 Aug 2014RentedNew contract
AED 35,000/yr12 months · AED 112 per sqft
26 Aug 2009Sold by developerOff-plan
AED 412,650AED 1,340 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
Studio apartment
Size
308 sqft
Floor
23rd of 25
Parking
G-89
Developer
Time Properties
Completed
2014
Service charge
AED 4,600 /yr
Last sold
AED 413K · November 2014
Building
Silicon Gates 1

About B-2303B, Silicon Gates 1

B-2303B is a studio of 308 sqft on the 23rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 6 November 2014 for AED 412,650, or AED 1,340 per sqft, 54% above the AED 869 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 March 2025, is AED 28,600 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for B-2303B over time

Sales
Unit B-2303B, 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 412,650 (AED 1,340 per sqft)Sold, November 2014: AED 412,650 (AED 1,340 per sqft)

B-2303B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B-2303B, 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 2014: AED 35,000 a yearNew contract, September 2017: AED 33,000 a yearNew contract, January 2020: AED 25,000 a yearRenewal, January 2021: AED 25,000 a yearNew contract, February 2022: AED 20,000 a yearNew contract, March 2025: AED 28,600 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-2303B sits

All 376 studios →

B-2303B last sold in November 2014 at AED 1,340 per sqft, 54% above what studios in Silicon Gates 1 were fetching at the time (AED 869). 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-2303B's AED 28,600 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 23rd floor

All 865 units in Silicon Gates 1
Value
A-23012-bedAED 940K · Feb 2025
A-2302StudioAED 400K · Jul 2024
A-2303AStudioAED 465K · Dec 2014
A-2303BStudioAED 220K · Jul 2022
A-2304A1-bedAED 717K · Sep 2014
A-2304BStudioAED 435K · Nov 2014
A-23051-bedAED 530K · Mar 2024
1–7 of 34

B-2303B, Silicon Gates 1 in numbers

  • Sold twice: first on 26 August 2009 for AED 412,650, last on 6 November 2014 for AED 412,650 (AED 1,340 per sqft).
  • Rented since August 2014 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 20,000 in 2022 and recovered to AED 28,600 by March 2025.
  • At AED 28,600 a year the gross yield on the 2014 price is 6.9%, before a service charge of about AED 4,600 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 15 March 2025.

Questions about B-2303B, Silicon Gates 1

What did unit B-2303B last sell for?

AED 412,650 on 6 November 2014: AED 1,340 per sqft for 308 sqft. The unit has 2 registered sales; the first was AED 412,650 in August 2009.

What is the rent for unit B-2303B?

AED 28,600 a year on the contract signed on 15 March 2025. The previous contract, from February 2022, was AED 20,000; the unit has been rented since August 2014.

How big is unit B-2303B?

308 sqft (28.6 sqm): a studio on the 23rd floor of a 25-storey tower completed in 2014.

What is unit B-2303B 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-2303B, Silicon Gates 1

Starts from the last sale price (AED 413K, 6 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 412,650
Deposit, UAE resident (20%)
AED 82,530
Deposit, non-resident (40%)
AED 165,060
Monthly over 25 years at 3.7%
AED 1,688

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