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Studio · 490 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

B402, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B402 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 350K28 November 2024
Current rentAED 42K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B402, Silicon Gates 1

What is B402 worth today?

Last sold for AED 350,000 in 2024

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1 Jul 2025RentedNew contract
AED 42,000/yr12 months · AED 86 per sqft
1 Jul 2025RentedNew contract
AED 42,000/yr12 months · AED 86 per sqft
28 Nov 2024SoldReady
AED 350,000AED 714 per sqft
25 Jun 2023RentedRenewal
AED 29,000/yr12 months · AED 59 per sqft
25 Jun 2022RentedNew contract
AED 27,000/yr12 months · AED 55 per sqft
20 Mar 2022RentedNew contract
AED 27,000/yr12 months · AED 55 per sqft
10 Jun 2019RentedNew contract
AED 31,000/yr12 months · AED 63 per sqft
20 Dec 2017RentedNew contract
AED 41,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
4th of 25
Parking
B3-94
Developer
Time Properties
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 350K · November 2024
Building
Silicon Gates 1

About B402, Silicon Gates 1

B402 is a studio of 490 sqft on the 4th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 28 November 2024 for AED 350,000, or AED 714 per sqft, 18% below the AED 867 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 July 2025, is AED 42,000 a year: a gross yield of 12.0% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for B402 over time

Sales
Unit B402, 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 794 per sqft)Sold, September 2014: AED 388,832 (AED 794 per sqft)Sold, November 2024: AED 350,000 (AED 714 per sqft)

B402 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B402, 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, December 2017: AED 41,000 a yearNew contract, June 2019: AED 31,000 a yearNew contract, March 2022: AED 27,000 a yearNew contract, June 2022: AED 27,000 a yearRenewal, June 2023: AED 29,000 a yearNew contract, July 2025: AED 42,000 a yearNew contract, July 2025: AED 42,000 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 B402 sits

All 376 studios →

B402 last sold in November 2024 at AED 714 per sqft, 18% below what studios in Silicon Gates 1 were fetching at the time (AED 867). 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. B402's AED 42,000 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 4th floor

All 865 units in Silicon Gates 1
Value
A4012-bedAED 942K · Jun 2015
A402StudioAED 325K · Sep 2023
A403AStudioAED 442K · Sep 2014
A403BStudioAED 290K · Nov 2022
A4041-bedAED 695K · Feb 2016
A405A1-bedAED 680K · Aug 2014
A405BStudioAED 370K · Jul 2025
1–7 of 41

B402, Silicon Gates 1 in numbers

  • Sold 3 times: first on 5 September 2013 for AED 388,832, last on 28 November 2024 for AED 350,000 (AED 714 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 27,000 in 2022 and recovered to AED 42,000 by July 2025.
  • At AED 42,000 a year the gross yield on the 2024 price is 12.0%, 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 1 July 2025.

Questions about B402, Silicon Gates 1

What did unit B402 last sell for?

AED 350,000 on 28 November 2024: AED 714 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 B402?

AED 42,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 42,000; the unit has been rented since December 2017.

How big is unit B402?

490 sqft (45.5 sqm): a studio on the 4th floor of a 25-storey tower completed in 2014.

What is unit B402 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 B402, Silicon Gates 1

Starts from the last sale price (AED 350K, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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