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Studio · 434 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

C407, Silicon Gates 1

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C407 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 290K14 March 2021
Current rentAED 40K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C407, Silicon Gates 1

What is C407 worth today?

Last sold for AED 290,000 in 2021

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1 Jul 2026RentedRenewal
AED 40,000/yr12 months · AED 92 per sqft
1 Jul 2025RentedNew contract
AED 44,000/yr12 months · AED 101 per sqft
1 Jul 2022RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
5 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 56 per sqft
14 Mar 2021SoldReady
AED 290,000AED 668 per sqft
15 Apr 2015Sold by developerReady
AED 574,200AED 1,323 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
434 sqft
Floor
4th of 25
Parking
B3-107
Developer
Time Properties
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 290K · March 2021
Building
Silicon Gates 1

About C407, Silicon Gates 1

C407 is a studio of 434 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 14 March 2021 for AED 290,000, or AED 668 per sqft, 10% above the AED 609 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 40,000 a year: a gross yield of 13.8% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for C407 over time

Sales
Unit C407, each saleTypical studio in Silicon Gates 1
200K400K600K2009201420192024Typical sale price by year: 2009 AED 328,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 175,000; 2013 AED 331,920; 2014 AED 357,000; 2015 AED 351,903; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 235,000; 2021 AED 252,500; 2022 AED 252,500; 2023 AED 300,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 452,500Sold by developer, April 2015: AED 574,200 (AED 1,323 per sqft)Sold, March 2021: AED 290,000 (AED 668 per sqft)

C407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit C407, each contractTypical studio in Silicon Gates 1
20K40K2014201820222026Typical rent by year: 2014 AED 44,880; 2015 AED 45,000; 2016 AED 45,000; 2017 AED 40,000; 2018 AED 35,500; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,915; 2024 AED 33,500; 2025 AED 36,000; 2026 AED 38,000New contract, July 2021: AED 24,000 a yearNew contract, July 2022: AED 28,000 a yearNew contract, July 2025: AED 44,000 a yearRenewal, July 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 1, and where C407 sits

All 376 studios →

C407 last sold in March 2021 at AED 668 per sqft, 10% above what studios in Silicon Gates 1 were fetching at the time (AED 609). Over the last 12 months studios sold for AED 285,000 to 545,000, around AED 1,105 per sqft, and rent for AED 27,500 to 68,400 a year. C407's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026480,000
15 Oct 2026422,000
1 Oct 2026500,000
22 Sep 2026405,000
32 studio 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

C407, Silicon Gates 1 in numbers

  • Sold twice: first on 15 April 2015 for AED 574,200, last on 14 March 2021 for AED 290,000 (AED 668 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 24,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 13.8%, before a service charge of about AED 6,500 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 285,000–545,000 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 July 2026.

Questions about C407, Silicon Gates 1

What did unit C407 last sell for?

AED 290,000 on 14 March 2021: AED 668 per sqft for 434 sqft. The unit has 2 registered sales; the first was AED 574,200 in April 2015.

What is the rent for unit C407?

AED 40,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 44,000; the unit has been rented since July 2021.

How big is unit C407?

434 sqft (40.3 sqm): a studio on the 4th floor of a 25-storey tower completed in 2014.

What is unit C407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 1 sold for AED 285,000 to 545,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on C407, Silicon Gates 1

Starts from the last sale price (AED 290K, 14 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

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