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1-bed · 869 sqftSilicon Gates 1, Dubai Silicon Oasis · 2nd floor · completed 2014

B208, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B208 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 600K2 November 2016
Current rentAED 50K /yr29 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B208, Silicon Gates 1

What is B208 worth today?

Last sold for AED 600,000 in 2016

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29 May 2024RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
15 Jan 2019RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft
14 Oct 2017RentedNew contract
AED 51,000/yr12 months · AED 58 per sqft
2 Nov 2016SoldReady
AED 600,000AED 690 per sqft
25 Jul 2016RentedNew contract
AED 58,000/yr12 months · AED 67 per sqft
6 Jul 2015RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
27 Aug 2014SoldReady
AED 664,290AED 764 per sqft
5 Aug 2009Sold by developerOff-plan
AED 664,290AED 764 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
2nd of 25
Parking
B3-07
Developer
Time Properties
Completed
2014
Service charge
AED 13,000 /yr
Last sold
AED 600K · November 2016
Building
Silicon Gates 1

About B208, Silicon Gates 1

B208 is a one-bedroom apartment of 869 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 2 November 2016 for AED 600,000, or AED 690 per sqft, in line with the AED 689 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 29 May 2024, is AED 50,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 13,000 a year.

Sales and rents for B208 over time

Sales
Unit B208, 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 664,290 (AED 764 per sqft)Sold, August 2014: AED 664,290 (AED 764 per sqft)Sold, November 2016: AED 600,000 (AED 690 per sqft)

B208 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B208, 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 60,000 a yearNew contract, July 2016: AED 58,000 a yearNew contract, October 2017: AED 51,000 a yearNew contract, January 2019: AED 45,000 a yearNew contract, May 2024: AED 50,000 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 B208 sits

All 371 1-beds →

B208 last sold in November 2016 at AED 690 per sqft, in line with what one-beds in Silicon Gates 1 were fetching at the time (AED 689). 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. B208's AED 50,000 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 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

B208, Silicon Gates 1 in numbers

  • Sold 3 times: first on 5 August 2009 for AED 664,290, last on 2 November 2016 for AED 600,000 (AED 690 per sqft).
  • Rented since July 2015 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2019 and recovered to AED 50,000 by May 2024.
  • At AED 50,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 13,000 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 29 May 2024.

Questions about B208, Silicon Gates 1

What did unit B208 last sell for?

AED 600,000 on 2 November 2016: AED 690 per sqft for 869 sqft. The unit has 3 registered sales; the first was AED 664,290 in August 2009.

What is the rent for unit B208?

AED 50,000 a year on the contract signed on 29 May 2024. The previous contract, from January 2019, was AED 45,000; the unit has been rented since July 2015.

How big is unit B208?

869 sqft (80.7 sqm): a one-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2014.

What is unit B208 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 B208, Silicon Gates 1

Starts from the last sale price (AED 600K, 2 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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