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Studio · 356 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

D406, Silicon Gates 1

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D406 · DLD and Ejari recordsUpdated 4 May 2025
Last soldAED 252K12 February 2015
Current rentAED 36K /yr4 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D406, Silicon Gates 1

What is D406 worth today?

Last sold for AED 252,000 in 2015

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4 May 2025RentedRenewal
AED 36,000/yr12 months · AED 101 per sqft
4 May 2024RentedRenewal
AED 36,000/yr12 months · AED 101 per sqft
4 May 2023RentedRenewal
AED 30,000/yr12 months · AED 84 per sqft
4 May 2022RentedNew contract
AED 25,000/yr12 months · AED 70 per sqft
4 May 2021RentedRenewal
AED 22,000/yr12 months · AED 62 per sqft
4 May 2020RentedNew contract
AED 23,000/yr12 months · AED 65 per sqft
22 Dec 2016RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
12 Feb 2015SoldReady
AED 252,000AED 708 per sqft

Source: Dubai Land Department. Updated 4 May 2025.

Key facts

Type
Studio apartment
Size
356 sqft
Floor
4th of 25
Parking
B3-150
Developer
Time Properties
Completed
2014
Service charge
AED 5,300 /yr
Last sold
AED 252K · February 2015
Building
Silicon Gates 1

About D406, Silicon Gates 1

D406 is a studio of 356 sqft on the 4th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 12 February 2015 for AED 252,000, or AED 708 per sqft, 18% below the AED 867 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 4 May 2025, is AED 36,000 a year: a gross yield of 14.3% on the 2015 price, before the service charge of about AED 5,300 a year.

Sales and rents for D406 over time

Sales
Unit D406, 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 252,000 (AED 708 per sqft)Sold, February 2015: AED 252,000 (AED 708 per sqft)

D406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit D406, 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, December 2016: AED 40,000 a yearNew contract, May 2020: AED 23,000 a yearRenewal, May 2021: AED 22,000 a yearNew contract, May 2022: AED 25,000 a yearRenewal, May 2023: AED 30,000 a yearRenewal, May 2024: AED 36,000 a yearRenewal, May 2025: AED 36,000 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 D406 sits

All 376 studios →

D406 last sold in February 2015 at AED 708 per sqft, 18% below what studios in Silicon Gates 1 were fetching at the time (AED 867). 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. D406's AED 36,000 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 4th floor

All 865 units in Silicon Gates 1
Value
A4012-bedAED 942K · Jun 2015
A402StudioAED 325K · Sep 2023
A403AStudioAED 442K · Sep 2014
A403BStudioAED 290K · Nov 2022
A4041-bedAED 695K · Feb 2016
A405A1-bedAED 680K · Aug 2014
A405BStudioAED 370K · Jul 2025
1–7 of 41

D406, Silicon Gates 1 in numbers

  • Sold twice: first on 9 August 2009 for AED 252,000, last on 12 February 2015 for AED 252,000 (AED 708 per sqft).
  • Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 22,000 in 2021 and recovered to AED 36,000 by May 2025.
  • At AED 36,000 a year the gross yield on the 2015 price is 14.3%, before a service charge of about AED 5,300 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 4 May 2025.

Questions about D406, Silicon Gates 1

What did unit D406 last sell for?

AED 252,000 on 12 February 2015: AED 708 per sqft for 356 sqft. The unit has 2 registered sales; the first was AED 252,000 in August 2009.

What is the rent for unit D406?

AED 36,000 a year on the contract renewed on 4 May 2025. The previous contract, from May 2024, was AED 36,000; the unit has been rented since December 2016.

How big is unit D406?

356 sqft (33.1 sqm): a studio on the 4th floor of a 25-storey tower completed in 2014.

What is unit D406 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 D406, Silicon Gates 1

Starts from the last sale price (AED 252K, 12 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 252,000
Deposit, UAE resident (20%)
AED 50,400
Deposit, non-resident (40%)
AED 100,800
Monthly over 25 years at 3.7%
AED 1,031

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