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2-bed · 1,233 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

C-704, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in November 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-704 · DLD and Ejari recordsUpdated 21 November 2022
Last soldAED 750K21 November 2022
Current rentAED 44K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-704, Silicon Gates 1

What is C-704 worth today?

Last sold for AED 750,000 in 2022

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21 Nov 2022SoldReady
AED 750,000AED 608 per sqft
15 Oct 2021RentedNew contract
AED 44,000/yr12 months · AED 36 per sqft
1 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 36 per sqft
16 Feb 2015RentedNew contract
AED 90,000/yr12 months · AED 73 per sqft
9 Feb 2015SoldReady
AED 510,000AED 413 per sqft
29 Dec 2014SoldReady
AED 875,000AED 709 per sqft
12 Aug 2009Sold by developerOff-plan
AED 875,000AED 709 per sqft

Source: Dubai Land Department. Updated 21 November 2022.

Key facts

Type
2-bed apartment
Size
1,233 sqft
Floor
7th of 25
Parking
B1-235
Developer
Time Properties
Completed
2014
Service charge
AED 18,400 /yr
Last sold
AED 750K · November 2022
Building
Silicon Gates 1

About C-704, Silicon Gates 1

C-704 is a two-bedroom apartment of 1,233 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 21 November 2022 for AED 750,000, or AED 608 per sqft, 17% above the AED 521 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 15 October 2021, is AED 44,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 18,400 a year.

Sales and rents for C-704 over time

Sales
Unit C-704, 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, August 2009: AED 875,000 (AED 709 per sqft)Sold, December 2014: AED 875,000 (AED 709 per sqft)Sold, February 2015: AED 510,000 (AED 413 per sqft)Sold, November 2022: AED 750,000 (AED 608 per sqft)

C-704 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit C-704, 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, February 2015: AED 90,000 a yearNew contract, August 2020: AED 45,000 a yearNew contract, October 2021: AED 44,000 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-704 sits

All 88 2-beds →

C-704 last sold in November 2022 at AED 608 per sqft, 17% above what two-beds in Silicon Gates 1 were fetching at the time (AED 521). 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-704's AED 44,000 is at the bottom 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 7th floor

All 865 units in Silicon Gates 1
Value
A-7012-bedAED 1.08M · Nov 2024
A-702StudioAED 330K · Dec 2018
A-703AStudioAED 460K · Aug 2026
A-703BStudioAED 400K · Jun 2025
A-7041-bedAED 580K · Apr 2025
A-705A1-bedAED 600K · Apr 2024
A-705BStudioAED 310K · Nov 2014
1–7 of 42

C-704, Silicon Gates 1 in numbers

  • Sold 4 times: first on 12 August 2009 for AED 875,000, last on 21 November 2022 for AED 750,000 (AED 608 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 90,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 18,400 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 21 November 2022.

Questions about C-704, Silicon Gates 1

What did unit C-704 last sell for?

AED 750,000 on 21 November 2022: AED 608 per sqft for 1,233 sqft. The unit has 4 registered sales; the first was AED 875,000 in August 2009.

What is the rent for unit C-704?

AED 44,000 a year on the contract signed on 15 October 2021. The previous contract, from August 2020, was AED 45,000; the unit has been rented since February 2015.

How big is unit C-704?

1,233 sqft (114.5 sqm): a two-bedroom apartment on the 7th floor of a 25-storey tower completed in 2014.

What is unit C-704 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-704, Silicon Gates 1

Starts from the last sale price (AED 750K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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