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Studio · 396 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

D-1603, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D-1603 · DLD and Ejari recordsUpdated 10 February 2023
Last soldAED 430K18 November 2014
Current rentAED 21K /yr10 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D-1603, Silicon Gates 1

What is D-1603 worth today?

Last sold for AED 430,000 in 2014

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10 Feb 2023RentedNew contract
AED 21,000/yr12 months · AED 53 per sqft
2 Feb 2022RentedNew contract
AED 20,000/yr12 months · AED 50 per sqft
15 Jan 2021RentedNew contract
AED 19,000/yr12 months · AED 48 per sqft
27 Dec 2019RentedRenewal
AED 26,000/yr12 months · AED 65 per sqft
27 Dec 2018RentedRenewal
AED 32,000/yr12 months · AED 80 per sqft
27 Dec 2017RentedNew contract
AED 33,000/yr12 months · AED 83 per sqft
4 Nov 2015RentedNew contract
AED 41,000/yr12 months · AED 103 per sqft
18 Nov 2014SoldReady
AED 430,000AED 1,085 per sqft

Source: Dubai Land Department. Updated 10 February 2023.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
16th of 25
Parking
B2-56
Developer
Time Properties
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 430K · November 2014
Building
Silicon Gates 1

About D-1603, Silicon Gates 1

D-1603 is a studio of 396 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 18 November 2014 for AED 430,000, or AED 1,085 per sqft, 26% above the AED 864 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 10 February 2023, is AED 21,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 5,900 a year.

Sales and rents for D-1603 over time

Sales
Unit D-1603, 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 370,000 (AED 933 per sqft)Sold, October 2014: AED 370,000 (AED 933 per sqft)Sold, November 2014: AED 430,000 (AED 1,085 per sqft)

D-1603 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit D-1603, 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, November 2015: AED 41,000 a yearNew contract, December 2017: AED 33,000 a yearRenewal, December 2018: AED 32,000 a yearRenewal, December 2019: AED 26,000 a yearNew contract, January 2021: AED 19,000 a yearNew contract, February 2022: AED 20,000 a yearNew contract, February 2023: AED 21,000 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-1603 sits

All 376 studios →

D-1603 last sold in November 2014 at AED 1,085 per sqft, 26% above what studios in Silicon Gates 1 were fetching at the time (AED 864). 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-1603's AED 21,000 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 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-1603, Silicon Gates 1 in numbers

  • Sold 3 times: first on 20 August 2009 for AED 370,000, last on 18 November 2014 for AED 430,000 (AED 1,085 per sqft).
  • Rented since November 2015 on 7 Ejari contracts. The rent fell from AED 41,000 to AED 19,000 in 2021 and recovered to AED 21,000 by February 2023.
  • At AED 21,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 5,900 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 February 2023.

Questions about D-1603, Silicon Gates 1

What did unit D-1603 last sell for?

AED 430,000 on 18 November 2014: AED 1,085 per sqft for 396 sqft. The unit has 3 registered sales; the first was AED 370,000 in August 2009.

What is the rent for unit D-1603?

AED 21,000 a year on the contract signed on 10 February 2023. The previous contract, from February 2022, was AED 20,000; the unit has been rented since November 2015.

How big is unit D-1603?

396 sqft (36.8 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit D-1603 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-1603, Silicon Gates 1

Starts from the last sale price (AED 430K, 18 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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