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Studio · 491 sqftSilicon Gates 1, Dubai Silicon Oasis · 3rd floor · completed 2014

B306, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B306 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 465K8 November 2016
Current rentAED 25K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B306, Silicon Gates 1

What is B306 worth today?

Last sold for AED 465,000 in 2016

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1 Feb 2023RentedRenewal
AED 25,000/yr12 months · AED 50 per sqft
1 Feb 2022RentedRenewal
AED 25,000/yr12 months · AED 50 per sqft
1 Feb 2021RentedNew contract
AED 21,000/yr12 months · AED 42 per sqft
20 Jan 2019RentedRenewal
AED 38,000/yr12 months · AED 77 per sqft
20 Jan 2018RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
8 Nov 2016SoldReady
AED 465,000AED 947 per sqft
27 Oct 2014SoldReady
AED 388,753AED 792 per sqft
5 Sep 2013Sold by developerOff-plan
AED 388,753AED 792 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
3rd of 25
Parking
B3-101
Developer
Time Properties
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 465K · November 2016
Building
Silicon Gates 1

About B306, Silicon Gates 1

B306 is a studio of 491 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 8 November 2016 for AED 465,000, or AED 947 per sqft, in line with the AED 963 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 25,000 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 7,300 a year.

Sales and rents for B306 over time

Sales
Unit B306, 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 388,753 (AED 792 per sqft)Sold, October 2014: AED 388,753 (AED 792 per sqft)Sold, November 2016: AED 465,000 (AED 947 per sqft)

B306 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B306, 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, January 2018: AED 45,000 a yearRenewal, January 2019: AED 38,000 a yearNew contract, February 2021: AED 21,000 a yearRenewal, February 2022: AED 25,000 a yearRenewal, February 2023: AED 25,000 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 B306 sits

All 376 studios →

B306 last sold in November 2016 at AED 947 per sqft, in line with what studios in Silicon Gates 1 were fetching at the time (AED 963). 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. B306's AED 25,000 is at the bottom 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

B306, Silicon Gates 1 in numbers

  • Sold 3 times: first on 5 September 2013 for AED 388,753, last on 8 November 2016 for AED 465,000 (AED 947 per sqft).
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 21,000 in 2021 and recovered to AED 25,000 by February 2023.
  • At AED 25,000 a year the gross yield on the 2016 price is 5.4%, 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 1 February 2023.

Questions about B306, Silicon Gates 1

What did unit B306 last sell for?

AED 465,000 on 8 November 2016: AED 947 per sqft for 491 sqft. The unit has 3 registered sales; the first was AED 388,753 in September 2013.

What is the rent for unit B306?

AED 25,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 25,000; the unit has been rented since January 2018.

How big is unit B306?

491 sqft (45.6 sqm): a studio on the 3rd floor of a 25-storey tower completed in 2014.

What is unit B306 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 B306, Silicon Gates 1

Starts from the last sale price (AED 465K, 8 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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