1-bed · 919 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

C-708, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-708 · DLD and Ejari recordsUpdated 1 May 2020
Last soldAED 913K15 December 2014
Current rentAED 45K /yr1 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-708, Silicon Gates 1

What is C-708 worth today?

Last sold for AED 913,460 in 2014

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1 May 2020RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
1 May 2019RentedRenewal
AED 48,000/yr12 months · AED 52 per sqft
1 May 2018RentedNew contract
AED 57,000/yr12 months · AED 62 per sqft
1 Mar 2015RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
15 Dec 2014Sold by developerReady
AED 913,460AED 994 per sqft

Source: Dubai Land Department. Updated 1 May 2020.

Key facts

Type
1-bed apartment
Size
919 sqft
Floor
7th of 25
Parking
B3-224
Developer
Time Properties
Completed
2014
Service charge
AED 13,700 /yr
Last sold
AED 913K · December 2014

About C-708, Silicon Gates 1

C-708 is a one-bedroom apartment of 919 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 15 December 2014 for AED 913,460, or AED 994 per sqft, 20% above the AED 829 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 May 2020, is AED 45,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 13,700 a year.

Sales and rents for C-708 over time

Sales
Unit C-708, each saleTypical one-bed in Silicon Gates 1
500K1M2009201420192024Typical 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 913,460 (AED 994 per sqft)

C-708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-708, 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, March 2015: AED 70,000 a yearNew contract, May 2018: AED 57,000 a yearRenewal, May 2019: AED 48,000 a yearRenewal, May 2020: 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-708 sits

All 371 1-beds →

C-708 last sold in December 2014 at AED 994 per sqft, 20% above what one-beds in Silicon Gates 1 were fetching at the time (AED 829). 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-708'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 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-708, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 15 December 2014 for AED 913,460, or AED 994 per sqft.
  • Rented since March 2015 on 4 Ejari contracts, from AED 70,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 13,700 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 May 2020.

Questions about C-708, Silicon Gates 1

What did unit C-708 last sell for?

AED 913,460 on 15 December 2014, sold by the developer: AED 994 per sqft for 919 sqft. It is the only registered sale of the unit.

What is the rent for unit C-708?

AED 45,000 a year on the contract renewed on 1 May 2020. The previous contract, from May 2019, was AED 48,000; the unit has been rented since March 2015.

How big is unit C-708?

919 sqft (85.4 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2014.

What is unit C-708 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-708, Silicon Gates 1

Starts from the last sale price (AED 913K, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 913,460
Deposit, UAE resident (20%)
AED 182,692
Deposit, non-resident (40%)
AED 365,384
Monthly over 25 years at 3.7%
AED 3,737

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