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2-bed · 523 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

C-1604, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-1604 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 780K22 January 2025
Current rentAED 75K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-1604, Silicon Gates 1

What is C-1604 worth today?

Last sold for AED 780,000 in 2025

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15 Feb 2026RentedRenewal
AED 75,000/yr12 months · AED 72 per sqft
15 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft
22 Jan 2025SoldReady
AED 780,000AED 746 per sqft
15 Sep 2023RentedRenewal
AED 55,787/yr12 months · AED 53 per sqft
15 Sep 2022RentedRenewal
AED 50,715/yr12 months · AED 49 per sqft
15 Sep 2021RentedRenewal
AED 44,100/yr12 months · AED 42 per sqft
15 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
20 Aug 2020RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
2-bed apartment
Size
523 sqft
Floor
16th of 25
Parking
B1-106
Developer
Time Properties
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 780K · January 2025
Building
Silicon Gates 1

About C-1604, Silicon Gates 1

C-1604 is a two-bedroom apartment of 523 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 22 January 2025 for AED 780,000, or AED 746 per sqft, in line with the AED 746 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 75,000 a year: a gross yield of 9.6% on the 2025 price, before the service charge of about AED 7,800 a year.

Sales and rents for C-1604 over time

Sales
Unit C-1604, 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 600,000 (AED 574 per sqft)Sold, February 2016: AED 600,000 (AED 574 per sqft)Sold, January 2025: AED 780,000 (AED 746 per sqft)

C-1604 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit C-1604, 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, June 2016: AED 80,000 a yearNew contract, August 2017: AED 74,602 a yearNew contract, January 2019: AED 56,000 a yearNew contract, August 2020: AED 42,000 a yearNew contract, September 2020: AED 42,000 a yearRenewal, September 2021: AED 44,100 a yearRenewal, September 2022: AED 50,715 a yearRenewal, September 2023: AED 55,787 a yearNew contract, February 2025: AED 75,000 a yearRenewal, February 2026: AED 75,000 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-1604 sits

All 88 2-beds →

C-1604 last sold in January 2025 at AED 746 per sqft, in line with what two-beds in Silicon Gates 1 were fetching at the time (AED 746). 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-1604's AED 75,000 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 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-1604, Silicon Gates 1 in numbers

  • Sold 3 times: first on 23 July 2009 for AED 600,000, last on 22 January 2025 for AED 780,000 (AED 746 per sqft).
  • Rented since June 2016 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 42,000 in 2020 and recovered to AED 75,000 by February 2026.
  • At AED 75,000 a year the gross yield on the 2025 price is 9.6%, before a service charge of about AED 7,800 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 15 February 2026.

Questions about C-1604, Silicon Gates 1

What did unit C-1604 last sell for?

AED 780,000 on 22 January 2025: AED 746 per sqft for 523 sqft. The unit has 3 registered sales; the first was AED 600,000 in July 2009.

What is the rent for unit C-1604?

AED 75,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 75,000; the unit has been rented since June 2016.

How big is unit C-1604?

523 sqft (48.6 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower completed in 2014.

What is unit C-1604 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-1604, Silicon Gates 1

Starts from the last sale price (AED 780K, 22 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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