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Studio · 458 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

D-1602B, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in September 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D-1602B · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 320K30 September 2014
Current rentAED 32K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D-1602B, Silicon Gates 1

What is D-1602B worth today?

Last sold for AED 320,000 in 2014

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10 Jul 2026RentedNew contract
AED 31,950/yr12 months · AED 69 per sqft
10 Jul 2024RentedNew contract
AED 28,780/yr12 months · AED 62 per sqft
10 Jul 2021RentedNew contract
AED 21,000/yr12 months · AED 45 per sqft
20 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft
1 Jul 2019RentedNew contract
AED 25,000/yr12 months · AED 54 per sqft
1 Jun 2018RentedNew contract
AED 34,000/yr12 months · AED 73 per sqft
1 Jan 2017RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
30 Sep 2014SoldReady
AED 320,000AED 698 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
16th of 25
Parking
B2-55
Developer
Time Properties
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 320K · September 2014
Building
Silicon Gates 1

About D-1602B, Silicon Gates 1

D-1602B is a studio of 458 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 30 September 2014 for AED 320,000, or AED 698 per sqft, 20% below the AED 877 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 10 July 2026, is AED 31,950 a year: a gross yield of 10.0% on the 2014 price, before the service charge of about AED 6,800 a year.

Sales and rents for D-1602B over time

Sales
Unit D-1602B, 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, August 2009: AED 410,000 (AED 894 per sqft)Sold, June 2012: AED 255,000 (AED 556 per sqft)Sold, February 2013: AED 320,000 (AED 698 per sqft)Sold, September 2014: AED 320,000 (AED 698 per sqft)

D-1602B has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit D-1602B, 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, January 2017: AED 45,000 a yearNew contract, June 2018: AED 34,000 a yearNew contract, July 2019: AED 25,000 a yearNew contract, July 2020: AED 24,000 a yearNew contract, July 2021: AED 21,000 a yearNew contract, July 2024: AED 28,780 a yearNew contract, July 2026: AED 31,950 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-1602B sits

All 376 studios →

D-1602B last sold in September 2014 at AED 698 per sqft, 20% below what studios in Silicon Gates 1 were fetching at the time (AED 877). 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-1602B's AED 31,950 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 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-1602B, Silicon Gates 1 in numbers

  • Sold 4 times: first on 20 August 2009 for AED 410,000, last on 30 September 2014 for AED 320,000 (AED 698 per sqft).
  • Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 21,000 in 2021 and recovered to AED 31,950 by July 2026.
  • At AED 31,950 a year the gross yield on the 2014 price is 10.0%, before a service charge of about AED 6,800 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 10 July 2026.

Questions about D-1602B, Silicon Gates 1

What did unit D-1602B last sell for?

AED 320,000 on 30 September 2014: AED 698 per sqft for 458 sqft. The unit has 4 registered sales; the first was AED 410,000 in August 2009.

What is the rent for unit D-1602B?

AED 31,950 a year on the contract signed on 10 July 2026. The previous contract, from July 2024, was AED 28,780; the unit has been rented since January 2017.

How big is unit D-1602B?

458 sqft (42.5 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit D-1602B 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-1602B, Silicon Gates 1

Starts from the last sale price (AED 320K, 30 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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