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2-bed · 1,586 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

D-1601, Silicon Gates 1

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

Unit D-1601 · DLD and Ejari recordsUpdated 16 February 2025
Last soldAED 1.03M21 May 2015
Current rentAED 76K /yr16 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D-1601, Silicon Gates 1

What is D-1601 worth today?

Last sold for AED 1,025,000 in 2015

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16 Feb 2025RentedRenewal
AED 76,000/yr12 months · AED 48 per sqft
16 Feb 2025RentedRenewal
AED 76,000/yr12 months · AED 48 per sqft
16 Feb 2024RentedRenewal
AED 66,000/yr12 months · AED 42 per sqft
16 Feb 2023RentedRenewal
AED 66,000/yr12 months · AED 42 per sqft
16 Feb 2022RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
16 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 38 per sqft
1 Jun 2020RentedRenewal
AED 82,000/yr12 months · AED 52 per sqft
1 Jun 2019RentedRenewal
AED 85,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 16 February 2025.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
16th of 25
Parking
B1-173
Developer
Time Properties
Completed
2014
Service charge
AED 23,700 /yr
Last sold
AED 1.03M · May 2015
Building
Silicon Gates 1

About D-1601, Silicon Gates 1

D-1601 is a two-bedroom apartment of 1,586 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 21 May 2015 for AED 1,025,000, or AED 646 per sqft, 19% below the AED 802 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 16 February 2025, is AED 76,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 23,700 a year.

Sales and rents for D-1601 over time

Sales
Unit D-1601, each saleTypical two-bed in Silicon Gates 1
500K750K1M2009201420192024Typical 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, August 2009: AED 1,025,000 (AED 646 per sqft)Sold, December 2014: AED 1,025,000 (AED 646 per sqft)Sold, May 2015: AED 1,025,000 (AED 646 per sqft)

D-1601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit D-1601, each contractTypical two-bed in Silicon Gates 1
50K100K2014201820222026Typical 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 2015: AED 107,000 a yearNew contract, June 2016: AED 107,000 a yearRenewal, June 2017: AED 107,000 a yearRenewal, June 2018: AED 92,000 a yearRenewal, June 2019: AED 85,000 a yearRenewal, June 2020: AED 82,000 a yearNew contract, February 2021: AED 60,000 a yearRenewal, February 2022: AED 60,000 a yearRenewal, February 2023: AED 66,000 a yearRenewal, February 2024: AED 66,000 a yearRenewal, February 2025: AED 76,000 a yearRenewal, February 2025: AED 76,000 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 D-1601 sits

All 88 2-beds →

D-1601 last sold in May 2015 at AED 646 per sqft, 19% below what two-beds in Silicon Gates 1 were fetching at the time (AED 802). 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. D-1601's AED 76,000 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 16th floor

All 865 units in Silicon Gates 1
Value
A-16012-bedAED 960K · Jun 2025
A-1602StudioAED 430K · Feb 2026
A-1603AStudioAED 245K · Apr 2021
A-1603BStudioAED 272K · Nov 2014
A-1604A1-bedAED 590K · Dec 2024
A-16051-bedAED 740K · Oct 2014
A-1606StudioAED 450K · Nov 2014
1–7 of 34

D-1601, Silicon Gates 1 in numbers

  • Sold 3 times: first on 20 August 2009 for AED 1,025,000, last on 21 May 2015 for AED 1,025,000 (AED 646 per sqft).
  • Rented since June 2015 on 12 Ejari contracts. The rent fell from AED 107,000 to AED 60,000 in 2022 and recovered to AED 76,000 by February 2025.
  • At AED 76,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 23,700 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 16 February 2025.

Questions about D-1601, Silicon Gates 1

What did unit D-1601 last sell for?

AED 1,025,000 on 21 May 2015: AED 646 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 1,025,000 in August 2009.

What is the rent for unit D-1601?

AED 76,000 a year on the contract renewed on 16 February 2025. The previous contract, from February 2025, was AED 76,000; the unit has been rented since June 2015.

How big is unit D-1601?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower completed in 2014.

What is unit D-1601 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 D-1601, Silicon Gates 1

Starts from the last sale price (AED 1.03M, 21 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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