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1-bed · 792 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

C-1209, Silicon Gates 1

Sold prices and rental history: sold twice, last in September 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-1209 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 650K16 September 2014
Current rentAED 46K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-1209, Silicon Gates 1

What is C-1209 worth today?

Last sold for AED 650,000 in 2014

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1 Sep 2023RentedNew contract
AED 46,000/yr12 months · AED 58 per sqft
5 Aug 2022RentedRenewal
AED 29,000/yr12 months · AED 36 per sqft
5 Aug 2021RentedNew contract
AED 29,000/yr12 months · AED 36 per sqft
1 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 40 per sqft
17 Aug 2019RentedRenewal
AED 52,000/yr12 months · AED 65 per sqft
17 Aug 2018RentedRenewal
AED 52,000/yr12 months · AED 65 per sqft
17 Aug 2017RentedRenewal
AED 52,000/yr12 months · AED 65 per sqft
17 Aug 2016RentedRenewal
AED 52,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
12th of 25
Parking
B2-268
Developer
Time Properties
Completed
2014
Service charge
AED 11,800 /yr
Last sold
AED 650K · September 2014
Building
Silicon Gates 1

About C-1209, Silicon Gates 1

C-1209 is a one-bedroom apartment of 792 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 16 September 2014 for AED 650,000, or AED 821 per sqft, in line with the AED 824 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 1 September 2023, is AED 46,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 11,800 a year.

Sales and rents for C-1209 over time

Sales
Unit C-1209, each saleTypical one-bed in Silicon Gates 1
400K600K2009201420192024Typical 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, August 2009: AED 650,000 (AED 821 per sqft)Sold, September 2014: AED 650,000 (AED 821 per sqft)

C-1209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-1209, 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, August 2014: AED 65,000 a yearNew contract, August 2015: AED 52,000 a yearRenewal, August 2016: AED 52,000 a yearRenewal, August 2017: AED 52,000 a yearRenewal, August 2018: AED 52,000 a yearRenewal, August 2019: AED 52,000 a yearNew contract, August 2020: AED 32,000 a yearNew contract, August 2021: AED 29,000 a yearRenewal, August 2022: AED 29,000 a yearNew contract, September 2023: AED 46,000 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 C-1209 sits

All 371 1-beds →

C-1209 last sold in September 2014 at AED 821 per sqft, in line with what one-beds in Silicon Gates 1 were fetching at the time (AED 824). 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. C-1209's AED 46,000 is in the lower 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 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-1209, Silicon Gates 1 in numbers

  • Sold twice: first on 17 August 2009 for AED 650,000, last on 16 September 2014 for AED 650,000 (AED 821 per sqft).
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 29,000 in 2022 and recovered to AED 46,000 by September 2023.
  • At AED 46,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 11,800 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 1 September 2023.

Questions about C-1209, Silicon Gates 1

What did unit C-1209 last sell for?

AED 650,000 on 16 September 2014: AED 821 per sqft for 792 sqft. The unit has 2 registered sales; the first was AED 650,000 in August 2009.

What is the rent for unit C-1209?

AED 46,000 a year on the contract signed on 1 September 2023. The previous contract, from August 2022, was AED 29,000; the unit has been rented since August 2014.

How big is unit C-1209?

792 sqft (73.6 sqm): a one-bedroom apartment on the 12th floor of a 25-storey tower completed in 2014.

What is unit C-1209 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 C-1209, Silicon Gates 1

Starts from the last sale price (AED 650K, 16 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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