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Studio · 503 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

A-702, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in December 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-702 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 330K25 December 2018
Current rentAED 32K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-702, Silicon Gates 1

What is A-702 worth today?

Last sold for AED 330,000 in 2018

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10 Mar 2025RentedRenewal
AED 31,500/yr12 months · AED 62 per sqft
10 Mar 2024RentedRenewal
AED 29,000/yr12 months · AED 57 per sqft
11 Mar 2022RentedRenewal
AED 22,938/yr12 months · AED 45 per sqft
11 Mar 2020RentedRenewal
AED 29,000/yr12 months · AED 57 per sqft
25 Dec 2018SoldReady
AED 330,000AED 655 per sqft
1 Mar 2018RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
2 Nov 2014SoldReady
AED 375,000AED 744 per sqft
21 Jul 2014RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2025.

Key facts

Type
Studio apartment
Size
503 sqft
Floor
7th of 25
Parking
B3-207
Developer
Time Properties
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 330K · December 2018
Building
Silicon Gates 1

About A-702, Silicon Gates 1

A-702 is a studio of 503 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 25 December 2018 for AED 330,000, or AED 655 per sqft, 24% below the AED 862 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 31,500 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 7,500 a year.

Sales and rents for A-702 over time

Sales
Unit A-702, 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 379,000 (AED 752 per sqft)Sold, November 2013: AED 375,000 (AED 744 per sqft)Sold, November 2014: AED 375,000 (AED 744 per sqft)Sold, December 2018: AED 330,000 (AED 655 per sqft)

A-702 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit A-702, 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, July 2014: AED 50,000 a yearNew contract, March 2018: AED 40,000 a yearRenewal, March 2020: AED 29,000 a yearRenewal, March 2022: AED 22,938 a yearRenewal, March 2024: AED 29,000 a yearRenewal, March 2025: AED 31,500 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-702 sits

All 365 studios →

A-702 last sold in December 2018 at AED 655 per sqft, 24% below what studios in Silicon Gates 1 were fetching at the time (AED 862). 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-702's AED 31,500 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 7th floor

All 865 units in Silicon Gates 1
Value
A-7012-bedAED 1.08M · Nov 2024
A-703AStudioAED 305K · Oct 2018
A-703BStudioAED 400K · Jun 2025
A-7041-bedAED 580K · Apr 2025
A-705A1-bedAED 600K · Apr 2024
A-705BStudioAED 310K · Nov 2014
A-706AED 736K · Oct 2014
1–7 of 42

A-702, Silicon Gates 1 in numbers

  • Sold 4 times: first on 12 August 2009 for AED 379,000, last on 25 December 2018 for AED 330,000 (AED 655 per sqft).
  • Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 22,938 in 2022 and recovered to AED 31,500 by March 2025.
  • At AED 31,500 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 7,500 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 10 March 2025.

Questions about A-702, Silicon Gates 1

What did unit A-702 last sell for?

AED 330,000 on 25 December 2018: AED 655 per sqft for 503 sqft. The unit has 4 registered sales; the first was AED 379,000 in August 2009.

What is the rent for unit A-702?

AED 31,500 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 29,000; the unit has been rented since July 2014.

How big is unit A-702?

503 sqft (46.7 sqm): a studio on the 7th floor of a 25-storey tower completed in 2014.

What is unit A-702 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-702, Silicon Gates 1

Starts from the last sale price (AED 330K, 25 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

Plus AED 16,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →