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1-bed · 768 sqftSilicon Gates 1, Dubai Silicon Oasis · 22nd floor · completed 2014

A-2206, Silicon Gates 1

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

Unit A-2206 · DLD and Ejari recordsUpdated 6 July 2024
Last soldAED 426K21 October 2015
Current rentAED 42K /yr6 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-2206, Silicon Gates 1

What is A-2206 worth today?

Last sold for AED 426,000 in 2015

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6 Jul 2024RentedRenewal
AED 41,800/yr12 months · AED 54 per sqft
6 Jul 2023RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
10 Nov 2022RentedRenewal
AED 38,780/yr6 months · AED 51 per sqft
10 May 2022RentedRenewal
AED 39,422/yr6 months · AED 51 per sqft
10 Nov 2021RentedRenewal
AED 33,722/yr6 months · AED 44 per sqft
10 Nov 2020RentedNew contract
AED 34,000/yr12 months · AED 44 per sqft
10 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 47 per sqft
30 Sep 2018RentedNew contract
AED 41,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 July 2024.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
22nd of 25
Parking
B1-207
Developer
Time Properties
Completed
2014
Service charge
AED 11,500 /yr
Last sold
AED 426K · October 2015
Building
Silicon Gates 1

About A-2206, Silicon Gates 1

A-2206 is a one-bedroom apartment of 768 sqft on the 22nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 21 October 2015 for AED 426,000, or AED 554 per sqft, 32% below the AED 811 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 6 July 2024, is AED 41,800 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 11,500 a year.

Sales and rents for A-2206 over time

Sales
Unit A-2206, each saleTypical one-bed in Silicon Gates 1
400K600K2009201420192024Typical sale price by year: 2009 AED 646,173; 2011 AED 656,541; 2013 AED 579,802; 2014 AED 682,080; 2015 AED 652,500; 2016 AED 600,000; 2017 AED 630,000; 2018 AED 550,000; 2019 AED 425,000; 2020 AED 320,000; 2021 AED 389,000; 2022 AED 405,000; 2023 AED 450,000; 2024 AED 530,000; 2025 AED 622,500; 2026 AED 700,000Sold by developer, July 2009: AED 426,000 (AED 554 per sqft)Sold, October 2015: AED 426,000 (AED 554 per sqft)

A-2206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A-2206, each contractTypical one-bed in Silicon Gates 1
40K60K2014201820222026Typical rent by year: 2014 AED 64,913; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,675; 2024 AED 45,150; 2025 AED 52,000; 2026 AED 53,500New contract, April 2015: AED 60,000 a yearRenewal, April 2016: AED 60,000 a yearRenewal, April 2017: AED 60,000 a yearNew contract, September 2018: AED 41,000 a yearNew contract, November 2019: AED 36,000 a yearNew contract, November 2020: AED 34,000 a yearRenewal, November 2021: AED 33,722 a yearRenewal, May 2022: AED 39,422 a yearRenewal, November 2022: AED 38,780 a yearNew contract, July 2023: AED 38,000 a yearRenewal, July 2024: AED 41,800 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silicon Gates 1, and where A-2206 sits

All 358 1-beds →

A-2206 last sold in October 2015 at AED 554 per sqft, 32% below what one-beds in Silicon Gates 1 were fetching at the time (AED 811). Over the last 12 months one-beds sold for AED 343,480 to 750,000, around AED 835 per sqft, and rent for AED 37,491 to 78,000 a year. A-2206's AED 41,800 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 2026580,000
10 Feb 2026700,000
5 Feb 2026700,000
3 Feb 2026343,480
11 1-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. 23 sold in the last 12 months.

Typical price per sqft
AED 937 Up 16.5%
Typical sale
AED 545K
Typical rent
AED 46K /yr
Typical yield
8.6%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 22nd floor

All 865 units in Silicon Gates 1
Value
A-22012-bedAED 985K · Sep 2014
A-2202StudioAED 300K · Apr 2017
A-2203AStudioAED 345K · Nov 2014
A-2203BStudioAED 220K · Mar 2015
A-2204A1-bedAED 603K · Nov 2014
A-2204BStudioAED 240K · Apr 2023
A-22051-bedAED 616K · Oct 2014
1–7 of 34

A-2206, Silicon Gates 1 in numbers

  • Sold twice: first on 23 July 2009 for AED 426,000, last on 21 October 2015 for AED 426,000 (AED 554 per sqft).
  • Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 33,722 in 2021 and recovered to AED 41,800 by July 2024.
  • At AED 41,800 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 11,500 a year (AED 14.94 per sqft).
  • One-beds in Silicon Gates 1 sold for AED 343,480–750,000 in the 12 months to November 2026; the building's median across all types is AED 937 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 July 2024.

Questions about A-2206, Silicon Gates 1

What did unit A-2206 last sell for?

AED 426,000 on 21 October 2015: AED 554 per sqft for 768 sqft. The unit has 2 registered sales; the first was AED 426,000 in July 2009.

What is the rent for unit A-2206?

AED 41,800 a year on the contract renewed on 6 July 2024. The previous contract, from July 2023, was AED 38,000; the unit has been rented since April 2015.

How big is unit A-2206?

768 sqft (71.3 sqm): a one-bedroom apartment on the 22nd floor of a 25-storey tower completed in 2014.

What is unit A-2206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 1 sold for AED 343,480 to 750,000 in the last 12 months, around AED 835 per sqft.

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Mortgage on A-2206, Silicon Gates 1

Starts from the last sale price (AED 426K, 21 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 426,000
Deposit, UAE resident (20%)
AED 85,200
Deposit, non-resident (40%)
AED 170,400
Monthly over 25 years at 3.7%
AED 1,743

Plus AED 20,802 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →