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2-bed · 1,045 sqftSilicon Gates 1, Dubai Silicon Oasis · 17th floor · completed 2014

C1704, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C1704 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 1.17M1 June 2015
Current rentAED 52K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C1704, Silicon Gates 1

What is C1704 worth today?

Last sold for AED 1,170,000 in 2015

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5 Jul 2023RentedRenewal
AED 51,750/yr12 months · AED 50 per sqft
5 Jul 2022RentedNew contract
AED 45,000/yr12 months · AED 43 per sqft
5 Jun 2021RentedRenewal
AED 45,000/yr12 months · AED 43 per sqft
5 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 43 per sqft
1 May 2020RentedNew contract
AED 41,333/yr12 months · AED 40 per sqft
20 Jan 2018RentedNew contract
AED 68,000/yr12 months · AED 65 per sqft
5 Jun 2016RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
1 Jun 2015Sold by developerOff-plan
AED 1,170,000AED 1,119 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
17th of 25
Parking
B1-108
Developer
Time Properties
Completed
2014
Service charge
AED 15,600 /yr
Last sold
AED 1.17M · June 2015
Building
Silicon Gates 1

About C1704, Silicon Gates 1

C1704 is a two-bedroom apartment of 1,045 sqft on the 17th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 1 June 2015 for AED 1,170,000, or AED 1,119 per sqft, 42% above the AED 786 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 51,750 a year: a gross yield of 4.4% on the 2015 price, before the service charge of about AED 15,600 a year.

Sales and rents for C1704 over time

Sales
Unit C1704, each saleTypical two-bed in Silicon Gates 1
500K1M2009201420192024Typical 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, June 2015: AED 1,170,000 (AED 1,119 per sqft)

C1704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit C1704, 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, June 2016: AED 80,000 a yearNew contract, January 2018: AED 68,000 a yearNew contract, May 2020: AED 41,333 a yearNew contract, June 2020: AED 45,000 a yearRenewal, June 2021: AED 45,000 a yearNew contract, July 2022: AED 45,000 a yearRenewal, July 2023: AED 51,750 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 C1704 sits

All 88 2-beds →

C1704 last sold in June 2015 at AED 1,119 per sqft, 42% above what two-beds in Silicon Gates 1 were fetching at the time (AED 786). 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. C1704's AED 51,750 is in the lower half 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 17th floor

All 865 units in Silicon Gates 1
Value
A17012-bedAED 615K · May 2021
A1702StudioAED 235K · Sep 2014
A1703AStudioAED 450K · Jan 2026
A1703BStudioAED 382K · Apr 2016
A1704A1-bedAED 614K · Oct 2014
A1704BStudioAED 470K · Sep 2014
A17051-bedAED 615K · Jul 2025
1–7 of 38

C1704, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 1 June 2015 for AED 1,170,000, or AED 1,119 per sqft.
  • Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 41,333 in 2020 and recovered to AED 51,750 by July 2023.
  • At AED 51,750 a year the gross yield on the 2015 price is 4.4%, before a service charge of about AED 15,600 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 5 July 2023.

Questions about C1704, Silicon Gates 1

What did unit C1704 last sell for?

AED 1,170,000 on 1 June 2015, sold by the developer: AED 1,119 per sqft for 1,045 sqft. It is the only registered sale of the unit.

What is the rent for unit C1704?

AED 51,750 a year on the contract renewed on 5 July 2023. The previous contract, from July 2022, was AED 45,000; the unit has been rented since June 2016.

How big is unit C1704?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 17th floor of a 25-storey tower completed in 2014.

What is unit C1704 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 C1704, Silicon Gates 1

Starts from the last sale price (AED 1.17M, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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