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Studio · 436 sqftSilicon Gates 1, Dubai Silicon Oasis · 23rd floor · completed 2014

C-2308B, Silicon Gates 1

Sold prices and rental history: sold 5 times, last in October 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-2308B · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 350K10 October 2023
Current rentAED 27K /yr5 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-2308B, Silicon Gates 1

What is C-2308B worth today?

Last sold for AED 350,000 in 2023

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10 Oct 2023SoldReady
AED 350,000AED 802 per sqft
5 Jul 2022RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
2 Apr 2021RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
7 Nov 2016SoldReady
AED 460,000AED 1,055 per sqft
25 Aug 2016SoldReady
AED 400,000AED 917 per sqft
23 Feb 2016SoldReady
AED 260,000AED 596 per sqft
23 Jul 2009Sold by developerOff-plan
AED 260,000AED 596 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
23rd of 25
Parking
G-152
Developer
Time Properties
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 350K · October 2023
Building
Silicon Gates 1

About C-2308B, Silicon Gates 1

C-2308B is a studio of 436 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 10 October 2023 for AED 350,000, or AED 802 per sqft, 17% above the AED 686 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 5 July 2022, is AED 27,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for C-2308B over time

Sales
Unit C-2308B, 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, July 2009: AED 260,000 (AED 596 per sqft)Sold, February 2016: AED 260,000 (AED 596 per sqft)Sold, August 2016: AED 400,000 (AED 917 per sqft)Sold, November 2016: AED 460,000 (AED 1,055 per sqft)Sold, October 2023: AED 350,000 (AED 802 per sqft)

C-2308B has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit C-2308B, 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, April 2021: AED 24,000 a yearNew contract, July 2022: AED 27,000 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-2308B sits

All 376 studios →

C-2308B last sold in October 2023 at AED 802 per sqft, 17% above what studios in Silicon Gates 1 were fetching at the time (AED 686). 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-2308B's AED 27,000 is at the bottom 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 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-2308B, Silicon Gates 1 in numbers

  • Sold 5 times: first on 23 July 2009 for AED 260,000, last on 10 October 2023 for AED 350,000 (AED 802 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 24,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 6,500 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 10 October 2023.

Questions about C-2308B, Silicon Gates 1

What did unit C-2308B last sell for?

AED 350,000 on 10 October 2023: AED 802 per sqft for 436 sqft. The unit has 5 registered sales; the first was AED 260,000 in July 2009.

What is the rent for unit C-2308B?

AED 27,000 a year on the contract signed on 5 July 2022. The previous contract, from April 2021, was AED 24,000.

How big is unit C-2308B?

436 sqft (40.5 sqm): a studio on the 23rd floor of a 25-storey tower completed in 2014.

What is unit C-2308B 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-2308B, Silicon Gates 1

Starts from the last sale price (AED 350K, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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