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Studio · 389 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

C-1602, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-1602 · DLD and Ejari recordsUpdated 8 March 2025
Last soldAED 289K28 May 2015
Current rentAED 38K /yr8 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-1602, Silicon Gates 1

What is C-1602 worth today?

Last sold for AED 289,000 in 2015

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8 Mar 2025RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
1 Feb 2024RentedRenewal
AED 30,800/yr12 months · AED 79 per sqft
1 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
1 Jan 2022RentedNew contract
AED 24,000/yr12 months · AED 62 per sqft
1 Oct 2018RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
28 May 2015Sold by developerReady
AED 289,000AED 742 per sqft

Source: Dubai Land Department. Updated 8 March 2025.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
16th of 25
Parking
B2-188
Developer
Time Properties
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 289K · May 2015
Building
Silicon Gates 1

About C-1602, Silicon Gates 1

C-1602 is a studio of 389 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 28 May 2015 for AED 289,000, or AED 742 per sqft, 13% below the AED 855 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 8 March 2025, is AED 38,000 a year: a gross yield of 13.2% on the 2015 price, before the service charge of about AED 5,800 a year.

Sales and rents for C-1602 over time

Sales
Unit C-1602, 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, May 2015: AED 289,000 (AED 742 per sqft)

C-1602 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit C-1602, 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, October 2018: AED 38,000 a yearNew contract, January 2022: AED 24,000 a yearNew contract, February 2023: AED 28,000 a yearRenewal, February 2024: AED 30,800 a yearNew contract, March 2025: AED 38,000 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 C-1602 sits

All 376 studios →

C-1602 last sold in May 2015 at AED 742 per sqft, 13% below what studios in Silicon Gates 1 were fetching at the time (AED 855). 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. C-1602's AED 38,000 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 16th floor

All 865 units in Silicon Gates 1
Value
A-16012-bedAED 960K · Jun 2025
A-1602StudioAED 430K · Feb 2026
A-1603AStudioAED 245K · Apr 2021
A-1603BStudioAED 272K · Nov 2014
A-1604A1-bedAED 590K · Dec 2024
A-16051-bedAED 740K · Oct 2014
A-1606StudioAED 450K · Nov 2014
1–7 of 34

C-1602, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 28 May 2015 for AED 289,000, or AED 742 per sqft.
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2022 and recovered to AED 38,000 by March 2025.
  • At AED 38,000 a year the gross yield on the 2015 price is 13.2%, before a service charge of about AED 5,800 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 8 March 2025.

Questions about C-1602, Silicon Gates 1

What did unit C-1602 last sell for?

AED 289,000 on 28 May 2015, sold by the developer: AED 742 per sqft for 389 sqft. It is the only registered sale of the unit.

What is the rent for unit C-1602?

AED 38,000 a year on the contract signed on 8 March 2025. The previous contract, from February 2024, was AED 30,800; the unit has been rented since October 2018.

How big is unit C-1602?

389 sqft (36.1 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit C-1602 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 C-1602, Silicon Gates 1

Starts from the last sale price (AED 289K, 28 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 289,000
Deposit, UAE resident (20%)
AED 57,800
Deposit, non-resident (40%)
AED 115,600
Monthly over 25 years at 3.7%
AED 1,182

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