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Studio · 397 sqftSilicon Gates 1, Dubai Silicon Oasis · 23rd floor · completed 2014

A-2303A, Silicon Gates 1

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

Unit A-2303A · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 465K23 December 2014
Current rentAED 35K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-2303A, Silicon Gates 1

What is A-2303A worth today?

Last sold for AED 465,000 in 2014

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25 Oct 2024RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
5 May 2018RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
1 Dec 2015RentedNew contract
AED 45,000/yr12 months · AED 113 per sqft
23 Dec 2014SoldReady
AED 465,000AED 1,170 per sqft
26 Aug 2009Sold by developerOff-plan
AED 465,000AED 1,170 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
23rd of 25
Parking
B1-197
Developer
Time Properties
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 465K · December 2014
Building
Silicon Gates 1

About A-2303A, Silicon Gates 1

A-2303A is a studio of 397 sqft on the 23rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 23 December 2014 for AED 465,000, or AED 1,170 per sqft, 35% above the AED 869 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 25 October 2024, is AED 35,000 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 5,900 a year.

Sales and rents for A-2303A over time

Sales
Unit A-2303A, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 327,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 227,500; 2013 AED 333,574; 2014 AED 355,000; 2015 AED 350,000; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 250,500; 2021 AED 252,500; 2022 AED 255,000; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 480,000Sold by developer, August 2009: AED 465,000 (AED 1,170 per sqft)Sold, December 2014: AED 465,000 (AED 1,170 per sqft)

A-2303A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A-2303A, 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 35,000; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 28,000; 2024 AED 33,500; 2025 AED 37,000; 2026 AED 40,500New contract, December 2015: AED 45,000 a yearNew contract, May 2018: AED 35,000 a yearNew contract, October 2024: AED 35,000 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 A-2303A sits

All 365 studios →

A-2303A last sold in December 2014 at AED 1,170 per sqft, 35% above what studios in Silicon Gates 1 were fetching at the time (AED 869). Over the last 12 months studios sold for AED 400,000 to 545,000, around AED 1,231 per sqft, and rent for AED 28,000 to 50,000 a year. A-2303A's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026480,000
13 Feb 2026430,000
9 Feb 2026545,000
22 Jan 2026450,000
9 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. 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 23rd floor

All 865 units in Silicon Gates 1
Value
A-23012-bedAED 940K · Feb 2025
A-2302StudioAED 400K · Jul 2024
A-2303BStudioAED 220K · Jul 2022
A-2304A1-bedAED 717K · Sep 2014
A-2304BStudioAED 435K · Nov 2014
A-23051-bedAED 530K · Mar 2024
A-23061-bedAED 744K · Sep 2014
1–7 of 34

A-2303A, Silicon Gates 1 in numbers

  • Sold twice: first on 26 August 2009 for AED 465,000, last on 23 December 2014 for AED 465,000 (AED 1,170 per sqft).
  • Rented since December 2015 on 3 Ejari contracts, from AED 45,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 5,900 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 400,000–545,000 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 25 October 2024.

Questions about A-2303A, Silicon Gates 1

What did unit A-2303A last sell for?

AED 465,000 on 23 December 2014: AED 1,170 per sqft for 397 sqft. The unit has 2 registered sales; the first was AED 465,000 in August 2009.

What is the rent for unit A-2303A?

AED 35,000 a year on the contract signed on 25 October 2024. The previous contract, from May 2018, was AED 35,000; the unit has been rented since December 2015.

How big is unit A-2303A?

397 sqft (36.9 sqm): a studio on the 23rd floor of a 25-storey tower completed in 2014.

What is unit A-2303A 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 400,000 to 545,000 in the last 12 months, around AED 1,231 per sqft.

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Mortgage on A-2303A, Silicon Gates 1

Starts from the last sale price (AED 465K, 23 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

Plus AED 22,440 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →