1-bed · 839 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

B-707, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-707 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 410K29 December 2022
Current rentAED 45K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-707, Silicon Gates 1

What is B-707 worth today?

Last sold for AED 410,000 in 2022

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15 Jan 2024RentedRenewal
AED 44,500/yr12 months · AED 53 per sqft
15 Jan 2023RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
29 Dec 2022SoldReady
AED 410,000AED 488 per sqft
15 Jul 2020RentedRenewal
AED 36,000/yr12 months · AED 43 per sqft
15 Jul 2019RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
15 Jul 2018RentedRenewal
AED 40,000/yr12 months · AED 48 per sqft
15 Jul 2017RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
16 Oct 2014SoldReady
AED 584,000AED 695 per sqft

Source: Dubai Land Department. Updated 15 January 2024.

Key facts

Type
1-bed apartment
Size
839 sqft
Floor
7th of 25
Parking
B3-210
Developer
Time Properties
Completed
2014
Service charge
AED 12,500 /yr
Last sold
AED 410K · December 2022

About B-707, Silicon Gates 1

B-707 is a one-bedroom apartment of 839 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 29 December 2022 for AED 410,000, or AED 488 per sqft, 4% below the AED 510 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 44,500 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for B-707 over time

Sales
Unit B-707, 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, August 2009: AED 584,000 (AED 695 per sqft)Sold, October 2014: AED 584,000 (AED 695 per sqft)Sold, December 2022: AED 410,000 (AED 488 per sqft)

B-707 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-707, 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 2017: AED 60,000 a yearRenewal, July 2018: AED 40,000 a yearRenewal, July 2019: AED 40,000 a yearRenewal, July 2020: AED 36,000 a yearNew contract, January 2023: AED 40,000 a yearRenewal, January 2024: AED 44,500 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-707 sits

All 371 1-beds →

B-707 last sold in December 2022 at AED 488 per sqft, 4% below what one-beds in Silicon Gates 1 were fetching at the time (AED 510). 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-707's AED 44,500 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 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-707, Silicon Gates 1 in numbers

  • Sold 3 times: first on 12 August 2009 for AED 584,000, last on 29 December 2022 for AED 410,000 (AED 488 per sqft).
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2020 and recovered to AED 44,500 by January 2024.
  • At AED 44,500 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 12,500 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 15 January 2024.

Questions about B-707, Silicon Gates 1

What did unit B-707 last sell for?

AED 410,000 on 29 December 2022: AED 488 per sqft for 839 sqft. The unit has 3 registered sales; the first was AED 584,000 in August 2009.

What is the rent for unit B-707?

AED 44,500 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 40,000; the unit has been rented since July 2017.

How big is unit B-707?

839 sqft (77.9 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2014.

What is unit B-707 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-707, Silicon Gates 1

Starts from the last sale price (AED 410K, 29 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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