1-bed · 780 sqftSilicon Gates 1, Dubai Silicon Oasis · 24th floor · completed 2014

C-2406, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-2406 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 675K8 December 2014
Current rentAED 45K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-2406, Silicon Gates 1

What is C-2406 worth today?

Last sold for AED 674,557 in 2014

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1 Sep 2026RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
1 Sep 2025RentedRenewal
AED 44,000/yr12 months · AED 56 per sqft
1 Sep 2024RentedRenewal
AED 41,000/yr12 months · AED 53 per sqft
1 Sep 2023RentedRenewal
AED 37,000/yr12 months · AED 47 per sqft
1 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 41 per sqft
12 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
20 Feb 2020RentedRenewal
AED 35,500/yr12 months · AED 46 per sqft
20 Feb 2019RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
780 sqft
Floor
24th of 25
Parking
G-134
Developer
Time Properties
Completed
2014
Service charge
AED 11,700 /yr
Last sold
AED 675K · December 2014

About C-2406, Silicon Gates 1

C-2406 is a one-bedroom apartment of 780 sqft on the 24th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 8 December 2014 for AED 674,557, or AED 864 per sqft, 5% above the AED 825 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 45,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 11,700 a year.

Sales and rents for C-2406 over time

Sales
Unit C-2406, 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, December 2014: AED 674,557 (AED 864 per sqft)

C-2406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-2406, 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, February 2019: AED 38,000 a yearRenewal, February 2020: AED 35,500 a yearNew contract, September 2021: AED 28,000 a yearNew contract, September 2022: AED 32,000 a yearRenewal, September 2023: AED 37,000 a yearRenewal, September 2024: AED 41,000 a yearRenewal, September 2025: AED 44,000 a yearRenewal, September 2026: AED 45,000 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-2406 sits

All 371 1-beds →

C-2406 last sold in December 2014 at AED 864 per sqft, 5% above what one-beds in Silicon Gates 1 were fetching at the time (AED 825). 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-2406's AED 45,000 is in the lower 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 24th floor

All 865 units in Silicon Gates 1
Value
A-2401StudioAED 299K · Sep 2014
A-24022-bedAED 979K · Sep 2014
A-24032-bedAED 944K · Aug 2014
A-24041-bedAED 580K · Nov 2014
A-24053-bedAED 1.29M · Aug 2014
C-2401StudioAED 470K · Aug 2026
C-24022-bedAED 640K · Jul 2023
1–7 of 12

C-2406, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 8 December 2014 for AED 674,557, or AED 864 per sqft.
  • Rented since February 2019 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 28,000 in 2021 and recovered to AED 45,000 by September 2026.
  • At AED 45,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 11,700 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 September 2026.

Questions about C-2406, Silicon Gates 1

What did unit C-2406 last sell for?

AED 674,557 on 8 December 2014, sold by the developer: AED 864 per sqft for 780 sqft. It is the only registered sale of the unit.

What is the rent for unit C-2406?

AED 45,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 44,000; the unit has been rented since February 2019.

How big is unit C-2406?

780 sqft (72.5 sqm): a one-bedroom apartment on the 24th floor of a 25-storey tower completed in 2014.

What is unit C-2406 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-2406, Silicon Gates 1

Starts from the last sale price (AED 675K, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 674,557
Deposit, UAE resident (20%)
AED 134,911
Deposit, non-resident (40%)
AED 269,823
Monthly over 25 years at 3.7%
AED 2,760

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