Home
Dubai prices
About
Research
1-bed · 768 sqftSilicon Gates 1, Dubai Silicon Oasis · 23rd floor · completed 2014

C-2304, Silicon Gates 1

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-2304 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 450K6 November 2023
Current rentAED 30K /yr30 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow C-2304

Property timeline for C-2304, Silicon Gates 1

What is C-2304 worth today?

Last sold for AED 450,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Nov 2023SoldReady
AED 450,000AED 586 per sqft
30 Aug 2022RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
30 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
30 Aug 2020RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
30 Aug 2019RentedNew contract
AED 36,000/yr12 months · AED 47 per sqft
1 Nov 2018RentedNew contract
AED 42,000/yr12 months · AED 55 per sqft
15 Jul 2017RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
1 Jun 2015Sold by developerOff-plan
AED 740,000AED 963 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
23rd of 25
Parking
G-138
Developer
Time Properties
Completed
2014
Service charge
AED 11,500 /yr
Last sold
AED 450K · November 2023
Building
Silicon Gates 1

About C-2304, Silicon Gates 1

C-2304 is a one-bedroom apartment of 768 sqft on the 23rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 6 November 2023 for AED 450,000, or AED 586 per sqft, 10% above the AED 533 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 30 August 2022, is AED 30,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 11,500 a year.

Sales and rents for C-2304 over time

Sales
Unit C-2304, each saleTypical one-bed in Silicon Gates 1
400K600K800K2009201420192024Typical 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, June 2015: AED 740,000 (AED 963 per sqft)Sold, November 2023: AED 450,000 (AED 586 per sqft)

C-2304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-2304, 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, July 2017: AED 65,000 a yearNew contract, November 2018: AED 42,000 a yearNew contract, August 2019: AED 36,000 a yearRenewal, August 2020: AED 30,000 a yearRenewal, August 2021: AED 30,000 a yearRenewal, August 2022: AED 30,000 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-2304 sits

All 371 1-beds →

C-2304 last sold in November 2023 at AED 586 per sqft, 10% above what one-beds in Silicon Gates 1 were fetching at the time (AED 533). 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-2304's AED 30,000 is at the bottom 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 23rd floor

All 865 units in Silicon Gates 1
Value
A-23012-bedAED 940K · Feb 2025
A-2302StudioAED 400K · Jul 2024
A-2303AStudioAED 465K · Dec 2014
A-2303BStudioAED 220K · Jul 2022
A-2304A1-bedAED 717K · Sep 2014
A-2304BStudioAED 435K · Nov 2014
A-23051-bedAED 530K · Mar 2024
1–7 of 34

C-2304, Silicon Gates 1 in numbers

  • Sold twice: first on 1 June 2015 for AED 740,000, last on 6 November 2023 for AED 450,000 (AED 586 per sqft).
  • Rented since July 2017 on 6 Ejari contracts, from AED 65,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 11,500 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 6 November 2023.

Questions about C-2304, Silicon Gates 1

What did unit C-2304 last sell for?

AED 450,000 on 6 November 2023: AED 586 per sqft for 768 sqft. The unit has 2 registered sales; the first was AED 740,000 in June 2015.

What is the rent for unit C-2304?

AED 30,000 a year on the contract renewed on 30 August 2022. The previous contract, from August 2021, was AED 30,000; the unit has been rented since July 2017.

How big is unit C-2304?

768 sqft (71.3 sqm): a one-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2014.

What is unit C-2304 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.

Selling C-2304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on C-2304, Silicon Gates 1

Starts from the last sale price (AED 450K, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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