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1-bed · 866 sqftSilicon Gates 1, Dubai Silicon Oasis · 9th floor · completed 2014

B-908, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-908 · DLD and Ejari recordsUpdated 21 February 2024
Last soldAED 557K21 February 2024
Current rentAED 49K /yr2 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-908, Silicon Gates 1

What is B-908 worth today?

Last sold for AED 557,000 in 2024

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21 Feb 2024SoldReady
AED 557,000AED 642 per sqft
2 Oct 2022RentedRenewal
AED 48,522/yr6 months · AED 56 per sqft
1 Oct 2021RentedRenewal
AED 39,893/yr12 months · AED 46 per sqft
1 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
25 Oct 2018RentedNew contract
AED 46,000/yr12 months · AED 53 per sqft
25 Mar 2017RentedNew contract
AED 60,000/yr24 months · AED 70 per sqft
30 Oct 2014SoldReady
AED 638,000AED 736 per sqft
16 Aug 2009Sold by developerOff-plan
AED 638,000AED 736 per sqft

Source: Dubai Land Department. Updated 21 February 2024.

Key facts

Type
1-bed apartment
Size
866 sqft
Floor
9th of 25
Parking
B3-159
Developer
Time Properties
Completed
2014
Service charge
AED 12,900 /yr
Last sold
AED 557K · February 2024
Building
Silicon Gates 1

About B-908, Silicon Gates 1

B-908 is a one-bedroom apartment of 866 sqft on the 9th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 21 February 2024 for AED 557,000, or AED 642 per sqft, 13% above the AED 566 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 2 October 2022, is AED 48,522 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 12,900 a year.

Sales and rents for B-908 over time

Sales
Unit B-908, 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 638,000 (AED 736 per sqft)Sold, October 2014: AED 638,000 (AED 736 per sqft)Sold, February 2024: AED 557,000 (AED 642 per sqft)

B-908 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-908, 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, March 2017: AED 60,000 a yearNew contract, October 2018: AED 46,000 a yearNew contract, October 2020: AED 35,000 a yearRenewal, October 2021: AED 39,893 a yearRenewal, October 2022: AED 48,522 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-908 sits

All 371 1-beds →

B-908 last sold in February 2024 at AED 642 per sqft, 13% above what one-beds in Silicon Gates 1 were fetching at the time (AED 566). 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-908's AED 48,522 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 9th floor

All 865 units in Silicon Gates 1
Value
A-9012-bedAED 700K · Jul 2022
A-902StudioAED 386K · Nov 2014
A-903AStudioAED 465K · Jun 2026
A-903BStudioAED 280K · Jan 2023
A-9041-bedAED 626K · Aug 2014
A-9052-bedAED 1.05M · Sep 2026
A-9061-bedAED 630K · Apr 2024
1–7 of 38

B-908, Silicon Gates 1 in numbers

  • Sold 3 times: first on 16 August 2009 for AED 638,000, last on 21 February 2024 for AED 557,000 (AED 642 per sqft).
  • Rented since March 2017 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 35,000 in 2020 and recovered to AED 48,522 by October 2022.
  • At AED 48,522 a year the gross yield on the 2024 price is 8.7%, 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 21 February 2024.

Questions about B-908, Silicon Gates 1

What did unit B-908 last sell for?

AED 557,000 on 21 February 2024: AED 642 per sqft for 866 sqft. The unit has 3 registered sales; the first was AED 638,000 in August 2009.

What is the rent for unit B-908?

AED 48,522 a year on the contract renewed on 2 October 2022. The previous contract, from October 2021, was AED 39,893; the unit has been rented since March 2017.

How big is unit B-908?

866 sqft (80.5 sqm): a one-bedroom apartment on the 9th floor of a 25-storey tower completed in 2014.

What is unit B-908 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-908, Silicon Gates 1

Starts from the last sale price (AED 557K, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 557,000
Deposit, UAE resident (20%)
AED 111,400
Deposit, non-resident (40%)
AED 222,800
Monthly over 25 years at 3.7%
AED 2,279

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