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1-bed · 866 sqftSilicon Gates 1, Dubai Silicon Oasis · 6th floor · completed 2014

B-608, Silicon Gates 1

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

Unit B-608 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 685K3 March 2016
Current rentAED 35K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-608, Silicon Gates 1

What is B-608 worth today?

Last sold for AED 685,000 in 2016

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1 May 2023RentedRenewal
AED 35,000/yr12 months · AED 41 per sqft
1 May 2022RentedRenewal
AED 33,000/yr12 months · AED 38 per sqft
1 May 2021RentedRenewal
AED 33,000/yr12 months · AED 38 per sqft
1 May 2020RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
1 May 2019RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft
26 Sep 2018RentedRenewal
AED 54,000/yr12 months · AED 63 per sqft
26 Sep 2017RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft
26 Sep 2016RentedNew contract
AED 64,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
1-bed apartment
Size
866 sqft
Floor
6th of 25
Parking
B3-220
Developer
Time Properties
Completed
2014
Service charge
AED 12,900 /yr
Last sold
AED 685K · March 2016
Building
Silicon Gates 1

About B-608, Silicon Gates 1

B-608 is a one-bedroom apartment of 866 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 3 March 2016 for AED 685,000, or AED 790 per sqft, in line with the AED 800 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 35,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 12,900 a year.

Sales and rents for B-608 over time

Sales
Unit B-608, 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, June 2015: AED 625,000 (AED 721 per sqft)Sold, March 2016: AED 685,000 (AED 790 per sqft)

B-608 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-608, 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, September 2016: AED 64,000 a yearRenewal, September 2017: AED 60,000 a yearRenewal, September 2018: AED 54,000 a yearNew contract, May 2019: AED 45,000 a yearRenewal, May 2020: AED 40,000 a yearRenewal, May 2021: AED 33,000 a yearRenewal, May 2022: AED 33,000 a yearRenewal, May 2023: AED 35,000 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-608 sits

All 371 1-beds →

B-608 last sold in March 2016 at AED 790 per sqft, in line with what one-beds in Silicon Gates 1 were fetching at the time (AED 800). 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-608's AED 35,000 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 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-608, Silicon Gates 1 in numbers

  • Sold twice: first on 1 June 2015 for AED 625,000, last on 3 March 2016 for AED 685,000 (AED 790 per sqft).
  • Rented since September 2016 on 8 Ejari contracts, from AED 64,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 12,900 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 1 May 2023.

Questions about B-608, Silicon Gates 1

What did unit B-608 last sell for?

AED 685,000 on 3 March 2016: AED 790 per sqft for 866 sqft. The unit has 2 registered sales; the first was AED 625,000 in June 2015.

What is the rent for unit B-608?

AED 35,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 33,000; the unit has been rented since September 2016.

How big is unit B-608?

866 sqft (80.5 sqm): a one-bedroom apartment on the 6th floor of a 25-storey tower completed in 2014.

What is unit B-608 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-608, Silicon Gates 1

Starts from the last sale price (AED 685K, 3 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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