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1-bed · 828 sqftSilicon Gates 1, Dubai Silicon Oasis · 6th floor · completed 2014

B-602, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-602 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 500K18 December 2024
Current rentAED 37K /yr21 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-602, Silicon Gates 1

What is B-602 worth today?

Last sold for AED 500,000 in 2024

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18 Dec 2024SoldReady
AED 500,000AED 604 per sqft
21 Dec 2022RentedRenewal
AED 36,800/yr12 months · AED 44 per sqft
21 Dec 2021RentedNew contract
AED 32,000/yr12 months · AED 39 per sqft
29 Sep 2021SoldReady
AED 650,000AED 785 per sqft
29 Sep 2021SoldReady
AED 400,500AED 483 per sqft
28 May 2020RentedNew contract
AED 35,097/yr12 months · AED 42 per sqft
28 May 2019RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
9 Jul 2018Sold by developerReady
AED 325,000AED 392 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
6th of 25
Parking
B3-246
Developer
Time Properties
Completed
2014
Service charge
AED 12,400 /yr
Last sold
AED 500K · December 2024
Building
Silicon Gates 1

About B-602, Silicon Gates 1

B-602 is a one-bedroom apartment of 828 sqft on the 6th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 18 December 2024 for AED 500,000, or AED 604 per sqft, 8% below the AED 657 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 21 December 2022, is AED 36,800 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for B-602 over time

Sales
Unit B-602, 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, July 2018: AED 325,000 (AED 392 per sqft)Sold, September 2021: AED 650,000 (AED 785 per sqft)Sold, September 2021: AED 400,500 (AED 483 per sqft)Sold, December 2024: AED 500,000 (AED 604 per sqft)

B-602 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-602, 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 2019: AED 42,000 a yearNew contract, May 2020: AED 35,097 a yearNew contract, December 2021: AED 32,000 a yearRenewal, December 2022: AED 36,800 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-602 sits

All 371 1-beds →

B-602 last sold in December 2024 at AED 604 per sqft, 8% below what one-beds in Silicon Gates 1 were fetching at the time (AED 657). 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-602's AED 36,800 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 6th floor

All 865 units in Silicon Gates 1
Value
A-6012-bedAED 1.17M · Dec 2024
A-602StudioAED 378K · Nov 2014
A-603AStudioAED 370K · May 2016
A-603BStudioAED 460K · Nov 2016
A-6041-bedAED 275K · Apr 2022
A-605A1-bedAED 809K · Aug 2014
A-605BStudioAED 400K · Sep 2017
1–7 of 41

B-602, Silicon Gates 1 in numbers

  • Sold 4 times: first on 9 July 2018 for AED 325,000, last on 18 December 2024 for AED 500,000 (AED 604 per sqft).
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 42,000 to AED 32,000 in 2021 and recovered to AED 36,800 by December 2022.
  • At AED 36,800 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 12,400 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 18 December 2024.

Questions about B-602, Silicon Gates 1

What did unit B-602 last sell for?

AED 500,000 on 18 December 2024: AED 604 per sqft for 828 sqft. The unit has 4 registered sales; the first was AED 325,000 in July 2018.

What is the rent for unit B-602?

AED 36,800 a year on the contract renewed on 21 December 2022. The previous contract, from December 2021, was AED 32,000; the unit has been rented since May 2019.

How big is unit B-602?

828 sqft (76.9 sqm): a one-bedroom apartment on the 6th floor of a 25-storey tower completed in 2014.

What is unit B-602 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-602, Silicon Gates 1

Starts from the last sale price (AED 500K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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