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1-bed · 915 sqftSilicon Gates 1, Dubai Silicon Oasis · 10th floor · completed 2014

B1006, Silicon Gates 1

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

Unit B1006 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 730K1 October 2014
Current rentAED 33K /yr7 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B1006, Silicon Gates 1

What is B1006 worth today?

Last sold for AED 729,569 in 2014

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7 Dec 2021RentedRenewal
AED 33,000/yr12 months · AED 36 per sqft
7 Dec 2020RentedNew contract
AED 33,000/yr12 months · AED 36 per sqft
27 Oct 2019RentedNew contract
AED 44,000/yr12 months · AED 48 per sqft
1 Oct 2018RentedRenewal
AED 55,000/yr12 months · AED 60 per sqft
15 Jul 2016RentedNew contract
AED 64,000/yr12 months · AED 70 per sqft
1 Jul 2015RentedNew contract
AED 68,000/yr12 months · AED 74 per sqft
1 Oct 2014Sold by developerReady
AED 729,569AED 797 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
1-bed apartment
Size
915 sqft
Floor
10th of 25
Parking
B3-48
Developer
Time Properties
Completed
2014
Service charge
AED 13,700 /yr
Last sold
AED 730K · October 2014
Building
Silicon Gates 1

About B1006, Silicon Gates 1

B1006 is a one-bedroom apartment of 915 sqft on the 10th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 1 October 2014 for AED 729,569, or AED 797 per sqft, 4% below the AED 831 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 7 December 2021, is AED 33,000 a year: a gross yield of 4.5% on the 2014 price, before the service charge of about AED 13,700 a year.

Sales and rents for B1006 over time

Sales
Unit B1006, each saleTypical one-bed in Silicon Gates 1
400K600K800K2009201420192024Typical 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, October 2014: AED 729,569 (AED 797 per sqft)

B1006 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B1006, 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 2015: AED 68,000 a yearNew contract, July 2016: AED 64,000 a yearRenewal, October 2018: AED 55,000 a yearNew contract, October 2019: AED 44,000 a yearNew contract, December 2020: AED 33,000 a yearRenewal, December 2021: AED 33,000 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 B1006 sits

All 371 1-beds →

B1006 last sold in October 2014 at AED 797 per sqft, 4% below what one-beds in Silicon Gates 1 were fetching at the time (AED 831). 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. B1006's AED 33,000 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 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

B1006, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 1 October 2014 for AED 729,569, or AED 797 per sqft.
  • Rented since July 2015 on 6 Ejari contracts, from AED 68,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2014 price is 4.5%, before a service charge of about AED 13,700 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 7 December 2021.

Questions about B1006, Silicon Gates 1

What did unit B1006 last sell for?

AED 729,569 on 1 October 2014, sold by the developer: AED 797 per sqft for 915 sqft. It is the only registered sale of the unit.

What is the rent for unit B1006?

AED 33,000 a year on the contract renewed on 7 December 2021. The previous contract, from December 2020, was AED 33,000; the unit has been rented since July 2015.

How big is unit B1006?

915 sqft (85.0 sqm): a one-bedroom apartment on the 10th floor of a 25-storey tower completed in 2014.

What is unit B1006 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 B1006, Silicon Gates 1

Starts from the last sale price (AED 730K, 1 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 729,569
Deposit, UAE resident (20%)
AED 145,914
Deposit, non-resident (40%)
AED 291,828
Monthly over 25 years at 3.7%
AED 2,985

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