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

A-706, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-706 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 736K16 October 2014
Current rentAED 60K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-706, Silicon Gates 1

What is A-706 worth today?

Last sold for AED 736,473 in 2014

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10 Apr 2025RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
19 Jan 2021RentedNew contract
AED 32,000/yr12 months · AED 33 per sqft
15 Jul 2020RentedNew contract
AED 78,316/yr6 months · AED 82 per sqft
19 Jan 2019RentedNew contract
AED 44,000/yr12 months · AED 46 per sqft
15 Aug 2017RentedRenewal
AED 62,000/yr12 months · AED 65 per sqft
15 Aug 2016RentedNew contract
AED 66,000/yr12 months · AED 69 per sqft
16 Oct 2014Sold by developerReady
AED 736,473AED 770 per sqft

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

Key facts

Type
Apartment
Size
956 sqft
Floor
7th of 25
Parking
B3-201
Developer
Time Properties
Completed
2014
Service charge
AED 14,300 /yr
Last sold
AED 736K · October 2014

About A-706, Silicon Gates 1

A-706 is an apartment of 956 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 16 October 2014 for AED 736,473, or AED 770 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 10 April 2025, is AED 60,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 14,300 a year.

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-702StudioAED 330K · Dec 2018
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
1–7 of 42

A-706, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 16 October 2014 for AED 736,473, or AED 770 per sqft.
  • Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 66,000 to AED 32,000 in 2021 and recovered to AED 60,000 by April 2025.
  • At AED 60,000 a year the gross yield on the 2014 price is 8.2%, before a service charge of about AED 14,300 a year (AED 14.94 per sqft).

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

Questions about A-706, Silicon Gates 1

What did unit A-706 last sell for?

AED 736,473 on 16 October 2014, sold by the developer: AED 770 per sqft for 956 sqft. It is the only registered sale of the unit.

What is the rent for unit A-706?

AED 60,000 a year on the contract signed on 10 April 2025. The previous contract, from January 2021, was AED 32,000; the unit has been rented since August 2016.

How big is unit A-706?

956 sqft (88.8 sqm): an apartment on the 7th floor of a 25-storey tower completed in 2014.

What is unit A-706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on A-706, Silicon Gates 1

Starts from the last sale price (AED 736K, 16 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 736,473
Deposit, UAE resident (20%)
AED 147,295
Deposit, non-resident (40%)
AED 294,589
Monthly over 25 years at 3.7%
AED 3,013

Plus AED 35,942 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →