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Studio · 348 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

D-706, Silicon Gates 1

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D-706 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 260K30 September 2014
Current rentAED 28K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D-706, Silicon Gates 1

What is D-706 worth today?

Last sold for AED 260,000 in 2014

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25 Oct 2023RentedRenewal
AED 28,000/yr12 months · AED 81 per sqft
25 Oct 2022RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
12 Mar 2020RentedNew contract
AED 22,000/yr12 months · AED 64 per sqft
15 Aug 2018RentedNew contract
AED 32,000/yr12 months · AED 93 per sqft
30 Sep 2014SoldReady
AED 260,000AED 747 per sqft
12 Aug 2009Sold by developerOff-plan
AED 260,000AED 747 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
Studio apartment
Size
348 sqft
Floor
7th of 25
Parking
B3-137
Developer
Time Properties
Completed
2014
Service charge
AED 5,200 /yr
Last sold
AED 260K · September 2014
Building
Silicon Gates 1

About D-706, Silicon Gates 1

D-706 is a studio of 348 sqft on the 7th 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 260,000, or AED 747 per sqft, 15% below the AED 877 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 25 October 2023, is AED 28,000 a year: a gross yield of 10.8% on the 2014 price, before the service charge of about AED 5,200 a year.

Sales and rents for D-706 over time

Sales
Unit D-706, 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 260,000 (AED 747 per sqft)Sold, September 2014: AED 260,000 (AED 747 per sqft)

D-706 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit D-706, 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, August 2018: AED 32,000 a yearNew contract, March 2020: AED 22,000 a yearNew contract, October 2022: AED 25,000 a yearRenewal, October 2023: AED 28,000 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-706 sits

All 376 studios →

D-706 last sold in September 2014 at AED 747 per sqft, 15% 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-706's AED 28,000 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 7th floor

All 865 units in Silicon Gates 1
Value
A-7012-bedAED 1.08M · Nov 2024
A-702StudioAED 330K · Dec 2018
A-703AStudioAED 460K · Aug 2026
A-703BStudioAED 400K · Jun 2025
A-7041-bedAED 580K · Apr 2025
A-705A1-bedAED 600K · Apr 2024
A-705BStudioAED 310K · Nov 2014
1–7 of 42

D-706, Silicon Gates 1 in numbers

  • Sold twice: first on 12 August 2009 for AED 260,000, last on 30 September 2014 for AED 260,000 (AED 747 per sqft).
  • Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 32,000 to AED 22,000 in 2020 and recovered to AED 28,000 by October 2023.
  • At AED 28,000 a year the gross yield on the 2014 price is 10.8%, before a service charge of about AED 5,200 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 25 October 2023.

Questions about D-706, Silicon Gates 1

What did unit D-706 last sell for?

AED 260,000 on 30 September 2014: AED 747 per sqft for 348 sqft. The unit has 2 registered sales; the first was AED 260,000 in August 2009.

What is the rent for unit D-706?

AED 28,000 a year on the contract renewed on 25 October 2023. The previous contract, from October 2022, was AED 25,000; the unit has been rented since August 2018.

How big is unit D-706?

348 sqft (32.3 sqm): a studio on the 7th floor of a 25-storey tower completed in 2014.

What is unit D-706 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-706, Silicon Gates 1

Starts from the last sale price (AED 260K, 30 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 260,000
Deposit, UAE resident (20%)
AED 52,000
Deposit, non-resident (40%)
AED 104,000
Monthly over 25 years at 3.7%
AED 1,064

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