1-bed · 929 sqftSilicon Gates 1, Dubai Silicon Oasis · 10th floor · completed 2014

B1002, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in May 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1002 · DLD and Ejari recordsUpdated 6 May 2021
Last soldAED 385K6 May 2021
Current rentAED 42K /yr24 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1002, Silicon Gates 1

What is B1002 worth today?

Last sold for AED 385,000 in 2021

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6 May 2021SoldReady
AED 385,000AED 414 per sqft
24 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
15 Apr 2018RentedNew contract
AED 57,000/yr12 months · AED 62 per sqft
18 Sep 2014SoldReady
AED 839,000AED 903 per sqft
17 Aug 2009Sold by developerOff-plan
AED 839,000AED 903 per sqft

Source: Dubai Land Department. Updated 6 May 2021.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
10th of 25
Parking
B3-155
Developer
Time Properties
Completed
2014
Service charge
AED 13,900 /yr
Last sold
AED 385K · May 2021

About B1002, Silicon Gates 1

B1002 is a one-bedroom apartment of 929 sqft on the 10th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 6 May 2021 for AED 385,000, or AED 414 per sqft, in line with the AED 414 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 24 September 2019, is AED 42,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 13,900 a year.

Sales and rents for B1002 over time

Sales
Unit B1002, each saleTypical one-bed in Silicon Gates 1
250K500K750K2009201420192024Typical 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 839,000 (AED 903 per sqft)Sold, September 2014: AED 839,000 (AED 903 per sqft)Sold, May 2021: AED 385,000 (AED 414 per sqft)

B1002 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B1002, 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, April 2018: AED 57,000 a yearNew contract, September 2019: AED 42,000 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 B1002 sits

All 371 1-beds →

B1002 last sold in May 2021 at AED 414 per sqft, in line with what one-beds in Silicon Gates 1 were fetching at the time (AED 414). 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. B1002's AED 42,000 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 10th floor

All 865 units in Silicon Gates 1
Value
A10012-bedAED 750K · Jun 2022
A1002StudioAED 500K · Jan 2015
A1003AStudioAED 436K · Nov 2014
A1003BStudioAED 395K · Jun 2024
A10041-bedAED 200K · Oct 2023
A1005A1-bedAED 640K · Aug 2016
A1005BStudioAED 450K · Jan 2017
1–7 of 40

B1002, Silicon Gates 1 in numbers

  • Sold 3 times: first on 17 August 2009 for AED 839,000, last on 6 May 2021 for AED 385,000 (AED 414 per sqft).
  • Rented since April 2018 on 2 Ejari contracts, from AED 57,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2021 price is 10.9%, before a service charge of about AED 13,900 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 6 May 2021.

Questions about B1002, Silicon Gates 1

What did unit B1002 last sell for?

AED 385,000 on 6 May 2021: AED 414 per sqft for 929 sqft. The unit has 3 registered sales; the first was AED 839,000 in August 2009.

What is the rent for unit B1002?

AED 42,000 a year on the contract signed on 24 September 2019. The previous contract, from April 2018, was AED 57,000.

How big is unit B1002?

929 sqft (86.3 sqm): a one-bedroom apartment on the 10th floor of a 25-storey tower completed in 2014.

What is unit B1002 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 B1002, Silicon Gates 1

Starts from the last sale price (AED 385K, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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