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1-bed · 764 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

C-1603, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in February 2015, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-1603 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 705K3 February 2015
Current rentAED 60K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-1603, Silicon Gates 1

What is C-1603 worth today?

Last sold for AED 705,000 in 2015

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1 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
3 Feb 2015SoldReady
AED 705,000AED 922 per sqft
31 Aug 2014SoldReady
AED 640,000AED 837 per sqft
20 Aug 2009Sold by developerOff-plan
AED 640,000AED 837 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
764 sqft
Floor
16th of 25
Parking
B2-189
Developer
Time Properties
Completed
2014
Service charge
AED 11,400 /yr
Last sold
AED 705K · February 2015
Building
Silicon Gates 1

About C-1603, Silicon Gates 1

C-1603 is a one-bedroom apartment of 764 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 3 February 2015 for AED 705,000, or AED 922 per sqft, 12% above the AED 823 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 60,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 11,400 a year.

Sales and rents for C-1603 over time

Sales
Unit C-1603, 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 640,000 (AED 837 per sqft)Sold, August 2014: AED 640,000 (AED 837 per sqft)Sold, February 2015: AED 705,000 (AED 922 per sqft)

C-1603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-1603, 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, June 2023: AED 60,000 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-1603 sits

All 371 1-beds →

C-1603 last sold in February 2015 at AED 922 per sqft, 12% above what one-beds in Silicon Gates 1 were fetching at the time (AED 823). 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-1603's AED 60,000 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 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-1603, Silicon Gates 1 in numbers

  • Sold 3 times: first on 20 August 2009 for AED 640,000, last on 3 February 2015 for AED 705,000 (AED 922 per sqft).
  • Rented since June 2023 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 8.5%, before a service charge of about AED 11,400 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 June 2023.

Questions about C-1603, Silicon Gates 1

What did unit C-1603 last sell for?

AED 705,000 on 3 February 2015: AED 922 per sqft for 764 sqft. The unit has 3 registered sales; the first was AED 640,000 in August 2009.

What is the rent for unit C-1603?

AED 60,000 a year on the contract signed on 1 June 2023.

How big is unit C-1603?

764 sqft (71.0 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2014.

What is unit C-1603 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-1603, Silicon Gates 1

Starts from the last sale price (AED 705K, 3 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 705,000
Deposit, UAE resident (20%)
AED 141,000
Deposit, non-resident (40%)
AED 282,000
Monthly over 25 years at 3.7%
AED 2,884

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