1-bed · 755 sqftSilicon Gates 1, Dubai Silicon Oasis · 23rd floor · completed 2014

B-2304, Silicon Gates 1

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-2304 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 445K14 February 2024
Current rentAED 72K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-2304, Silicon Gates 1

What is B-2304 worth today?

Last sold for AED 445,000 in 2024

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25 Nov 2025RentedNew contract
AED 72,000/yr12 months · AED 95 per sqft
22 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
22 Feb 2024RentedNew contract
AED 39,600/yr12 months · AED 53 per sqft
14 Feb 2024SoldReady
AED 445,000AED 589 per sqft
22 Feb 2023RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
10 Sep 2019RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
1 Nov 2017RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
16 Jul 2016RentedNew contract
AED 63,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
23rd of 25
Parking
G-108
Developer
Time Properties
Completed
2014
Service charge
AED 11,300 /yr
Last sold
AED 445K · February 2024

About B-2304, Silicon Gates 1

B-2304 is a one-bedroom apartment of 755 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 14 February 2024 for AED 445,000, or AED 589 per sqft, 5% above the AED 560 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 25 November 2025, is AED 72,000 a year: a gross yield of 16.2% on the 2024 price, before the service charge of about AED 11,300 a year.

Sales and rents for B-2304 over time

Sales
Unit B-2304, 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, September 2014: AED 664,888 (AED 880 per sqft)Sold, February 2024: AED 445,000 (AED 589 per sqft)

B-2304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-2304, 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, July 2014: AED 60,000 a yearNew contract, July 2015: AED 63,000 a yearNew contract, July 2016: AED 63,000 a yearNew contract, November 2017: AED 50,000 a yearNew contract, September 2019: AED 36,000 a yearNew contract, February 2023: AED 36,000 a yearNew contract, February 2024: AED 39,600 a yearNew contract, November 2024: AED 60,000 a yearNew contract, November 2025: AED 72,000 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-2304 sits

All 371 1-beds →

B-2304 last sold in February 2024 at AED 589 per sqft, 5% above what one-beds in Silicon Gates 1 were fetching at the time (AED 560). 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-2304's AED 72,000 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 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-2304, Silicon Gates 1 in numbers

  • Sold twice: first on 8 September 2014 for AED 664,888, last on 14 February 2024 for AED 445,000 (AED 589 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2023 and recovered to AED 72,000 by November 2025.
  • At AED 72,000 a year the gross yield on the 2024 price is 16.2%, 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 25 November 2025.

Questions about B-2304, Silicon Gates 1

What did unit B-2304 last sell for?

AED 445,000 on 14 February 2024: AED 589 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 664,888 in September 2014.

What is the rent for unit B-2304?

AED 72,000 a year on the contract signed on 25 November 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since July 2014.

How big is unit B-2304?

755 sqft (70.1 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2014.

What is unit B-2304 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-2304, Silicon Gates 1

Starts from the last sale price (AED 445K, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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