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1-bed · 818 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

C406, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C406 · DLD and Ejari recordsUpdated 26 September 2025
Last soldAED 555K5 July 2024
Current rentAED 65K /yr26 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C406, Silicon Gates 1

What is C406 worth today?

Last sold for AED 555,000 in 2024

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26 Sep 2025RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
3 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
5 Jul 2024SoldReady
AED 555,000AED 678 per sqft
27 Nov 2022RentedRenewal
AED 30,000/yr12 months · AED 37 per sqft
27 Nov 2021RentedNew contract
AED 28,000/yr12 months · AED 34 per sqft
20 Apr 2019RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
20 Apr 2018RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
20 Apr 2016RentedRenewal
AED 58,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 26 September 2025.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
4th of 25
Parking
B3-108
Developer
Time Properties
Completed
2014
Service charge
AED 12,200 /yr
Last sold
AED 555K · July 2024
Building
Silicon Gates 1

About C406, Silicon Gates 1

C406 is a one-bedroom apartment of 818 sqft on the 4th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 5 July 2024 for AED 555,000, or AED 678 per sqft, 10% above the AED 619 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 26 September 2025, is AED 65,000 a year: a gross yield of 11.7% on the 2024 price, before the service charge of about AED 12,200 a year.

Sales and rents for C406 over time

Sales
Unit C406, 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, August 2009: AED 623,710 (AED 762 per sqft)Sold, January 2015: AED 623,710 (AED 762 per sqft)Sold, July 2024: AED 555,000 (AED 678 per sqft)

C406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit C406, 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, January 2015: AED 65,000 a yearNew contract, April 2015: AED 58,000 a yearRenewal, April 2016: AED 58,000 a yearNew contract, April 2018: AED 50,000 a yearRenewal, April 2019: AED 40,000 a yearNew contract, November 2021: AED 28,000 a yearRenewal, November 2022: AED 30,000 a yearNew contract, September 2024: AED 60,000 a yearNew contract, September 2025: AED 65,000 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 C406 sits

All 371 1-beds →

C406 last sold in July 2024 at AED 678 per sqft, 10% above what one-beds in Silicon Gates 1 were fetching at the time (AED 619). 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. C406's AED 65,000 is in the upper 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 4th floor

All 865 units in Silicon Gates 1
Value
A4012-bedAED 942K · Jun 2015
A402StudioAED 325K · Sep 2023
A403AStudioAED 442K · Sep 2014
A403BStudioAED 290K · Nov 2022
A4041-bedAED 695K · Feb 2016
A405A1-bedAED 680K · Aug 2014
A405BStudioAED 370K · Jul 2025
1–7 of 41

C406, Silicon Gates 1 in numbers

  • Sold 3 times: first on 9 August 2009 for AED 623,710, last on 5 July 2024 for AED 555,000 (AED 678 per sqft).
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 28,000 in 2021 and recovered to AED 65,000 by September 2025.
  • At AED 65,000 a year the gross yield on the 2024 price is 11.7%, before a service charge of about AED 12,200 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 26 September 2025.

Questions about C406, Silicon Gates 1

What did unit C406 last sell for?

AED 555,000 on 5 July 2024: AED 678 per sqft for 818 sqft. The unit has 3 registered sales; the first was AED 623,710 in August 2009.

What is the rent for unit C406?

AED 65,000 a year on the contract signed on 26 September 2025. The previous contract, from September 2024, was AED 60,000; the unit has been rented since January 2015.

How big is unit C406?

818 sqft (76.0 sqm): a one-bedroom apartment on the 4th floor of a 25-storey tower completed in 2014.

What is unit C406 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 C406, Silicon Gates 1

Starts from the last sale price (AED 555K, 5 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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