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1-bed · 849 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

B408, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B408 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 760K2 July 2015
Current rentAED 61K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B408, Silicon Gates 1

What is B408 worth today?

Last sold for AED 760,000 in 2015

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20 Nov 2025RentedNew contract
AED 61,000/yr12 months · AED 72 per sqft
10 Jul 2024RentedNew contract
AED 48,000/yr12 months · AED 57 per sqft
1 Dec 2022RentedNew contract
AED 39,000/yr12 months · AED 46 per sqft
10 Oct 2020RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
10 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
10 Oct 2018RentedNew contract
AED 46,000/yr12 months · AED 54 per sqft
2 Jul 2015Sold by developerReady
AED 760,000AED 894 per sqft
25 May 2015RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
4th of 25
Parking
B3-277
Developer
Time Properties
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 760K · July 2015
Building
Silicon Gates 1

About B408, Silicon Gates 1

B408 is a one-bedroom apartment of 849 sqft on the 4th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 2 July 2015 for AED 760,000, or AED 894 per sqft, 9% above the AED 820 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 20 November 2025, is AED 61,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 12,700 a year.

Sales and rents for B408 over time

Sales
Unit B408, each saleTypical one-bed in Silicon Gates 1
400K600K800K2009201420192024Typical 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, July 2015: AED 760,000 (AED 894 per sqft)

B408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B408, 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, May 2015: AED 70,000 a yearNew contract, October 2018: AED 46,000 a yearNew contract, October 2019: AED 40,000 a yearNew contract, October 2020: AED 33,000 a yearNew contract, December 2022: AED 39,000 a yearNew contract, July 2024: AED 48,000 a yearNew contract, November 2025: AED 61,000 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 B408 sits

All 371 1-beds →

B408 last sold in July 2015 at AED 894 per sqft, 9% above what one-beds in Silicon Gates 1 were fetching at the time (AED 820). 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. B408's AED 61,000 is in the upper 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 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

B408, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 2 July 2015 for AED 760,000, or AED 894 per sqft.
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 33,000 in 2020 and recovered to AED 61,000 by November 2025.
  • At AED 61,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 12,700 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 20 November 2025.

Questions about B408, Silicon Gates 1

What did unit B408 last sell for?

AED 760,000 on 2 July 2015, sold by the developer: AED 894 per sqft for 849 sqft. It is the only registered sale of the unit.

What is the rent for unit B408?

AED 61,000 a year on the contract signed on 20 November 2025. The previous contract, from July 2024, was AED 48,000; the unit has been rented since May 2015.

How big is unit B408?

849 sqft (78.9 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2014.

What is unit B408 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 B408, Silicon Gates 1

Starts from the last sale price (AED 760K, 2 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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