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Studio · 490 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

B-705, Silicon Gates 1

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

Unit B-705 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 377K13 July 2015
Current rentAED 28K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-705, Silicon Gates 1

What is B-705 worth today?

Last sold for AED 376,657 in 2015

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10 Aug 2023RentedRenewal
AED 27,830/yr12 months · AED 57 per sqft
10 Aug 2022RentedRenewal
AED 25,300/yr12 months · AED 52 per sqft
10 Aug 2021RentedNew contract
AED 22,000/yr12 months · AED 45 per sqft
1 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 49 per sqft
1 Oct 2018RentedNew contract
AED 34,000/yr12 months · AED 69 per sqft
13 Jul 2015Sold by developerReady
AED 376,657AED 768 per sqft
8 Sep 2014RentedNew contract
AED 38,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
7th of 25
Parking
B3-212
Developer
Time Properties
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 377K · July 2015
Building
Silicon Gates 1

About B-705, Silicon Gates 1

B-705 is a studio of 490 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 13 July 2015 for AED 376,657, or AED 768 per sqft, 9% below the AED 841 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 10 August 2023, is AED 27,830 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 7,300 a year.

Sales and rents for B-705 over time

Sales
Unit B-705, 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, July 2015: AED 376,657 (AED 768 per sqft)

B-705 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit B-705, 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, September 2014: AED 38,000 a yearNew contract, October 2018: AED 34,000 a yearNew contract, June 2020: AED 24,000 a yearNew contract, August 2021: AED 22,000 a yearRenewal, August 2022: AED 25,300 a yearRenewal, August 2023: AED 27,830 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-705 sits

All 376 studios →

B-705 last sold in July 2015 at AED 768 per sqft, 9% below what studios in Silicon Gates 1 were fetching at the time (AED 841). 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-705's AED 27,830 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 7th floor

All 865 units in Silicon Gates 1
Value
A-7012-bedAED 1.08M · Nov 2024
A-702StudioAED 330K · Dec 2018
A-703AStudioAED 460K · Aug 2026
A-703BStudioAED 400K · Jun 2025
A-7041-bedAED 580K · Apr 2025
A-705A1-bedAED 600K · Apr 2024
A-705BStudioAED 310K · Nov 2014
1–7 of 42

B-705, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 13 July 2015 for AED 376,657, or AED 768 per sqft.
  • Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 22,000 in 2021 and recovered to AED 27,830 by August 2023.
  • At AED 27,830 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 7,300 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 10 August 2023.

Questions about B-705, Silicon Gates 1

What did unit B-705 last sell for?

AED 376,657 on 13 July 2015, sold by the developer: AED 768 per sqft for 490 sqft. It is the only registered sale of the unit.

What is the rent for unit B-705?

AED 27,830 a year on the contract renewed on 10 August 2023. The previous contract, from August 2022, was AED 25,300; the unit has been rented since September 2014.

How big is unit B-705?

490 sqft (45.5 sqm): a studio on the 7th floor of a 25-storey tower completed in 2014.

What is unit B-705 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-705, Silicon Gates 1

Starts from the last sale price (AED 377K, 13 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 376,657
Deposit, UAE resident (20%)
AED 75,331
Deposit, non-resident (40%)
AED 150,663
Monthly over 25 years at 3.7%
AED 1,541

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