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Studio · 490 sqftSilicon Gates 1, Dubai Silicon Oasis · 3rd floor · completed 2014

B302, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B302 · DLD and Ejari recordsUpdated 2 August 2026
Last soldAED 470K23 October 2016
Current rentAED 33K /yr2 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B302, Silicon Gates 1

What is B302 worth today?

Last sold for AED 470,000 in 2016

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2 Aug 2026RentedRenewal
AED 33,000/yr12 months · AED 67 per sqft
2 Aug 2025RentedRenewal
AED 31,500/yr12 months · AED 64 per sqft
2 Aug 2024RentedRenewal
AED 30,000/yr12 months · AED 61 per sqft
2 Aug 2023RentedRenewal
AED 27,300/yr12 months · AED 55 per sqft
2 Aug 2022RentedRenewal
AED 25,000/yr12 months · AED 50 per sqft
3 Aug 2021RentedRenewal
AED 23,062/yr12 months · AED 47 per sqft
3 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft
11 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 2 August 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
3rd of 25
Parking
B3-13
Developer
Time Properties
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 470K · October 2016
Building
Silicon Gates 1

About B302, Silicon Gates 1

B302 is a studio of 490 sqft on the 3rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 23 October 2016 for AED 470,000, or AED 959 per sqft, in line with the AED 950 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 2 August 2026, is AED 33,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 7,300 a year.

Sales and rents for B302 over time

Sales
Unit B302, 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, September 2013: AED 388,832 (AED 793 per sqft)Sold, November 2014: AED 388,832 (AED 793 per sqft)Sold, October 2016: AED 470,000 (AED 959 per sqft)

B302 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B302, 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, June 2019: AED 28,000 a yearNew contract, June 2020: AED 24,000 a yearNew contract, August 2020: AED 24,000 a yearRenewal, August 2021: AED 23,062 a yearRenewal, August 2022: AED 25,000 a yearRenewal, August 2023: AED 27,300 a yearRenewal, August 2024: AED 30,000 a yearRenewal, August 2025: AED 31,500 a yearRenewal, August 2026: AED 33,000 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 B302 sits

All 376 studios →

B302 last sold in October 2016 at AED 959 per sqft, in line with what studios in Silicon Gates 1 were fetching at the time (AED 950). 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. B302's AED 33,000 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 3rd floor

All 865 units in Silicon Gates 1
Value
A3012-bedAED 394K · Dec 2014
A302StudioAED 268K · Dec 2022
A303AStudioAED 545K · Feb 2026
A303BStudioAED 435K · Nov 2014
A3041-bedAED 615K · Nov 2024
A305A1-bedAED 1.03M · Aug 2014
A305BStudioAED 455K · Sep 2015
1–7 of 41

B302, Silicon Gates 1 in numbers

  • Sold 3 times: first on 5 September 2013 for AED 388,832, last on 23 October 2016 for AED 470,000 (AED 959 per sqft).
  • Rented since June 2019 on 9 Ejari contracts. The rent fell from AED 28,000 to AED 23,062 in 2021 and recovered to AED 33,000 by August 2026.
  • At AED 33,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 7,300 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 2 August 2026.

Questions about B302, Silicon Gates 1

What did unit B302 last sell for?

AED 470,000 on 23 October 2016: AED 959 per sqft for 490 sqft. The unit has 3 registered sales; the first was AED 388,832 in September 2013.

What is the rent for unit B302?

AED 33,000 a year on the contract renewed on 2 August 2026. The previous contract, from August 2025, was AED 31,500; the unit has been rented since June 2019.

How big is unit B302?

490 sqft (45.5 sqm): a studio on the 3rd floor of a 25-storey tower completed in 2014.

What is unit B302 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 B302, Silicon Gates 1

Starts from the last sale price (AED 470K, 23 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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