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2-bed · 1,335 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

C-1208, Silicon Gates 1

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-1208 · DLD and Ejari recordsUpdated 24 September 2026
Last soldAED 653K12 October 2014
Current rentAED 73K /yr24 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-1208, Silicon Gates 1

What is C-1208 worth today?

Last sold for AED 653,000 in 2014

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24 Sep 2026RentedRenewal
AED 73,205/yr12 months · AED 55 per sqft
24 Sep 2025RentedNew contract
AED 73,205/yr12 months · AED 55 per sqft
24 Sep 2024RentedNew contract
AED 66,550/yr12 months · AED 50 per sqft
24 Sep 2023RentedRenewal
AED 60,500/yr12 months · AED 46 per sqft
24 Sep 2022RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
24 Sep 2021RentedNew contract
AED 52,000/yr12 months · AED 39 per sqft
20 Oct 2020RentedNew contract
AED 52,000/yr12 months · AED 39 per sqft
12 Mar 2020RentedRenewal
AED 61,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 24 September 2026.

Key facts

Type
2-bed apartment
Size
1,335 sqft
Floor
12th of 25
Parking
B1-225
Developer
Time Properties
Completed
2014
Service charge
AED 19,900 /yr
Last sold
AED 653K · October 2014
Building
Silicon Gates 1

About C-1208, Silicon Gates 1

C-1208 is a two-bedroom apartment of 1,335 sqft on the 12th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 12 October 2014 for AED 653,000, or AED 489 per sqft, 41% below the AED 833 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 24 September 2026, is AED 73,205 a year: a gross yield of 11.2% on the 2014 price, before the service charge of about AED 19,900 a year.

Sales and rents for C-1208 over time

Sales
Unit C-1208, each saleTypical two-bed in Silicon Gates 1
500K750K1M2009201420192024Typical sale price by year: 2009 AED 1,014,000; 2013 AED 978,516; 2014 AED 992,752; 2015 AED 988,000; 2016 AED 874,000; 2020 AED 555,000; 2021 AED 709,000; 2022 AED 720,000; 2023 AED 720,000; 2024 AED 955,000; 2025 AED 950,000Sold by developer, July 2009: AED 653,000 (AED 489 per sqft)Sold, October 2014: AED 653,000 (AED 489 per sqft)

C-1208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C-1208, each contractTypical two-bed in Silicon Gates 1
50K75K100K2014201820222026Typical rent by year: 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 60,500; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 76,000New contract, October 2014: AED 105,000 a yearNew contract, October 2015: AED 105,000 a yearRenewal, October 2016: AED 105,000 a yearRenewal, January 2017: AED 105,000 a yearRenewal, March 2019: AED 72,000 a yearRenewal, March 2020: AED 61,000 a yearNew contract, October 2020: AED 52,000 a yearNew contract, September 2021: AED 52,000 a yearRenewal, September 2022: AED 55,000 a yearRenewal, September 2023: AED 60,500 a yearNew contract, September 2024: AED 66,550 a yearNew contract, September 2025: AED 73,205 a yearRenewal, September 2026: AED 73,205 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Silicon Gates 1, and where C-1208 sits

All 88 2-beds →

C-1208 last sold in October 2014 at AED 489 per sqft, 41% below what two-beds in Silicon Gates 1 were fetching at the time (AED 833). Over the last 12 months two-beds sold for AED 1,040,000 to 1,280,000, around AED 866 per sqft, and rent for AED 50,000 to 105,000 a year. C-1208's AED 73,205 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,280,000
9 Sep 20261,050,000
22 Dec 20251,040,000
5 Dec 20251,250,000
4 2-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 12th floor

All 865 units in Silicon Gates 1
Value
A-12012-bedAED 1.25M · Feb 2015
A-1202StudioAED 667K · Nov 2014
A-1203AStudioAED 435K · Feb 2025
A-1203BStudioAED 420K · Aug 2014
A-12041-bedAED 630K · Oct 2025
A-1205A1-bedAED 610K · May 2018
A-1205BStudioAED 395K · May 2025
1–7 of 40

C-1208, Silicon Gates 1 in numbers

  • Sold twice: first on 13 July 2009 for AED 653,000, last on 12 October 2014 for AED 653,000 (AED 489 per sqft).
  • Rented since October 2014 on 13 Ejari contracts. The rent fell from AED 105,000 to AED 52,000 in 2021 and recovered to AED 73,205 by September 2026.
  • At AED 73,205 a year the gross yield on the 2014 price is 11.2%, before a service charge of about AED 19,900 a year (AED 14.94 per sqft).
  • Two-beds in Silicon Gates 1 sold for AED 1,040,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 24 September 2026.

Questions about C-1208, Silicon Gates 1

What did unit C-1208 last sell for?

AED 653,000 on 12 October 2014: AED 489 per sqft for 1,335 sqft. The unit has 2 registered sales; the first was AED 653,000 in July 2009.

What is the rent for unit C-1208?

AED 73,205 a year on the contract renewed on 24 September 2026. The previous contract, from September 2025, was AED 73,205; the unit has been rented since October 2014.

How big is unit C-1208?

1,335 sqft (124.0 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2014.

What is unit C-1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Gates 1 sold for AED 1,040,000 to 1,280,000 in the last 12 months, around AED 866 per sqft.

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Mortgage on C-1208, Silicon Gates 1

Starts from the last sale price (AED 653K, 12 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 653,000
Deposit, UAE resident (20%)
AED 130,600
Deposit, non-resident (40%)
AED 261,200
Monthly over 25 years at 3.7%
AED 2,672

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