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Studio · 498 sqftSilicon Gates 1, Dubai Silicon Oasis · 2nd floor · completed 2014

B206, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in May 2015, and rented once, from September 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B206 · DLD and Ejari recordsUpdated 15 September 2018
Last soldAED 400K21 May 2015
Current rentAED 37K /yr15 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B206, Silicon Gates 1

What is B206 worth today?

Last sold for AED 400,000 in 2015

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15 Sep 2018RentedNew contract
AED 37,000/yr12 months · AED 75 per sqft
21 May 2015SoldReady
AED 400,000AED 802 per sqft
29 Dec 2014SoldReady
AED 470,400AED 943 per sqft
17 Jun 2014SoldOff-plan
AED 470,400AED 943 per sqft
5 Aug 2009Sold by developerOff-plan
AED 296,000AED 593 per sqft

Source: Dubai Land Department. Updated 15 September 2018.

Key facts

Type
Studio apartment
Size
498 sqft
Floor
2nd of 25
Parking
B3-06
Developer
Time Properties
Completed
2014
Service charge
AED 7,400 /yr
Last sold
AED 400K · May 2015
Building
Silicon Gates 1

About B206, Silicon Gates 1

B206 is a studio of 498 sqft on the 2nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 21 May 2015 for AED 400,000, or AED 802 per sqft, 6% below the AED 857 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2018. The current contract, signed on 15 September 2018, is AED 37,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 7,400 a year.

Sales and rents for B206 over time

Sales
Unit B206, 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, August 2009: AED 296,000 (AED 593 per sqft)Sold, June 2014: AED 470,400 (AED 943 per sqft)Sold, December 2014: AED 470,400 (AED 943 per sqft)Sold, May 2015: AED 400,000 (AED 802 per sqft)

B206 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit B206, 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 2018: AED 37,000 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 B206 sits

All 376 studios →

B206 last sold in May 2015 at AED 802 per sqft, 6% below what studios in Silicon Gates 1 were fetching at the time (AED 857). 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. B206's AED 37,000 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 2nd floor

All 865 units in Silicon Gates 1
Value
A2012-bedNo registered sale
A202StudioAED 349K · Aug 2014
A203AStudioAED 330K · Oct 2014
A203BStudioAED 350K · Dec 2023
A2041-bedAED 461K · Aug 2014
A205A1-bedAED 660K · Jul 2026
A205BStudioAED 295K · Aug 2014
1–7 of 41

B206, Silicon Gates 1 in numbers

  • Sold 4 times: first on 5 August 2009 for AED 296,000, last on 21 May 2015 for AED 400,000 (AED 802 per sqft).
  • Rented since September 2018 on one Ejari contract, at AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2015 price is 9.3%, before a service charge of about AED 7,400 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 15 September 2018.

Questions about B206, Silicon Gates 1

What did unit B206 last sell for?

AED 400,000 on 21 May 2015: AED 802 per sqft for 498 sqft. The unit has 4 registered sales; the first was AED 296,000 in August 2009.

What is the rent for unit B206?

AED 37,000 a year on the contract signed on 15 September 2018.

How big is unit B206?

498 sqft (46.3 sqm): a studio on the 2nd floor of a 25-storey tower completed in 2014.

What is unit B206 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 B206, Silicon Gates 1

Starts from the last sale price (AED 400K, 21 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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