Studio · 411 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

D-1204B, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D-1204B · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 169K24 December 2014
Current rentAED 24K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D-1204B, Silicon Gates 1

What is D-1204B worth today?

Last sold for AED 168,500 in 2014

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1 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 58 per sqft
1 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 73 per sqft
1 Feb 2018RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
24 Dec 2014Sold by developerReady
AED 168,500AED 410 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
12th of 25
Parking
B2-37
Developer
Time Properties
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 169K · December 2014

About D-1204B, Silicon Gates 1

D-1204B is a studio of 411 sqft on the 12th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 24 December 2014 for AED 168,500, or AED 410 per sqft, 53% below the AED 869 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 July 2020, is AED 24,000 a year: a gross yield of 14.2% on the 2014 price, before the service charge of about AED 6,100 a year.

Sales and rents for D-1204B over time

Sales
Unit D-1204B, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical 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, December 2014: AED 168,500 (AED 410 per sqft)

D-1204B has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit D-1204B, 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, February 2018: AED 38,000 a yearNew contract, April 2019: AED 30,000 a yearNew contract, July 2020: AED 24,000 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 D-1204B sits

All 376 studios →

D-1204B last sold in December 2014 at AED 410 per sqft, 53% below what studios in Silicon Gates 1 were fetching at the time (AED 869). 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. D-1204B's AED 24,000 is at the bottom 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 12th floor

All 865 units in Silicon Gates 1
Value
A-12012-bedAED 1.25M · Feb 2015
A-1202StudioAED 667K · Nov 2014
A-1203AStudioAED 435K · Feb 2025
A-1203BStudioAED 420K · Aug 2014
A-12041-bedAED 630K · Oct 2025
A-1205A1-bedAED 610K · May 2018
A-1205BStudioAED 395K · May 2025
1–7 of 40

D-1204B, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 24 December 2014 for AED 168,500, or AED 410 per sqft.
  • Rented since February 2018 on 3 Ejari contracts, from AED 38,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2014 price is 14.2%, before a service charge of about AED 6,100 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 2020.

Questions about D-1204B, Silicon Gates 1

What did unit D-1204B last sell for?

AED 168,500 on 24 December 2014, sold by the developer: AED 410 per sqft for 411 sqft. It is the only registered sale of the unit.

What is the rent for unit D-1204B?

AED 24,000 a year on the contract signed on 1 July 2020. The previous contract, from April 2019, was AED 30,000; the unit has been rented since February 2018.

How big is unit D-1204B?

411 sqft (38.2 sqm): a studio on the 12th floor of a 25-storey tower completed in 2014.

What is unit D-1204B 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 D-1204B, Silicon Gates 1

Starts from the last sale price (AED 169K, 24 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 168,500
Deposit, UAE resident (20%)
AED 33,700
Deposit, non-resident (40%)
AED 67,400
Monthly over 25 years at 3.7%
AED 689

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