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1-bed · 856 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

B-1608, Silicon Gates 1

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1608 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 530K27 February 2024
Current rentAED 71K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-1608, Silicon Gates 1

What is B-1608 worth today?

Last sold for AED 530,000 in 2024

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15 Apr 2025RentedNew contract
AED 71,000/yr12 months · AED 83 per sqft
20 Nov 2024RentedNew contract
AED 43,716/yr3 months · AED 51 per sqft
27 Feb 2024SoldReady
AED 530,000AED 619 per sqft
20 Nov 2023RentedRenewal
AED 39,600/yr12 months · AED 47 per sqft
20 Nov 2022RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
20 Nov 2021RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
25 Dec 2019RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
25 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
16th of 25
Parking
B1-276
Developer
Time Properties
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 530K · February 2024
Building
Silicon Gates 1

About B-1608, Silicon Gates 1

B-1608 is a one-bedroom apartment of 856 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 27 February 2024 for AED 530,000, or AED 619 per sqft, 5% above the AED 588 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 April 2025, is AED 71,000 a year: a gross yield of 13.4% on the 2024 price, before the service charge of about AED 12,800 a year.

Sales and rents for B-1608 over time

Sales
Unit B-1608, 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, June 2015: AED 579,000 (AED 676 per sqft)Sold, February 2024: AED 530,000 (AED 619 per sqft)

B-1608 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-1608, each contractTypical one-bed in Silicon Gates 1
25K50K75K2014201820222026Typical 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, November 2015: AED 75,000 a yearNew contract, February 2018: AED 56,000 a yearNew contract, December 2018: AED 45,000 a yearNew contract, December 2019: AED 42,000 a yearNew contract, November 2021: AED 33,000 a yearRenewal, November 2022: AED 36,000 a yearRenewal, November 2023: AED 39,600 a yearNew contract, November 2024: AED 43,716 a yearNew contract, April 2025: AED 71,000 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 B-1608 sits

All 358 1-beds →

B-1608 last sold in February 2024 at AED 619 per sqft, 5% above what one-beds in Silicon Gates 1 were fetching at the time (AED 588). 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. B-1608's AED 71,000 is in the upper 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 16th floor

All 865 units in Silicon Gates 1
Value
A-16012-bedAED 960K · Jun 2025
A-1602StudioAED 430K · Feb 2026
A-1603AStudioAED 245K · Apr 2021
A-1603BStudioAED 272K · Nov 2014
A-1604A1-bedAED 590K · Dec 2024
A-16051-bedAED 740K · Oct 2014
A-1606StudioAED 450K · Nov 2014
1–7 of 34

B-1608, Silicon Gates 1 in numbers

  • Sold twice: first on 1 June 2015 for AED 579,000, last on 27 February 2024 for AED 530,000 (AED 619 per sqft).
  • Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 33,000 in 2021 and recovered to AED 71,000 by April 2025.
  • At AED 71,000 a year the gross yield on the 2024 price is 13.4%, before a service charge of about AED 12,800 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 15 April 2025.

Questions about B-1608, Silicon Gates 1

What did unit B-1608 last sell for?

AED 530,000 on 27 February 2024: AED 619 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 579,000 in June 2015.

What is the rent for unit B-1608?

AED 71,000 a year on the contract signed on 15 April 2025. The previous contract, from November 2024, was AED 43,716; the unit has been rented since November 2015.

How big is unit B-1608?

856 sqft (79.5 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2014.

What is unit B-1608 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 B-1608, Silicon Gates 1

Starts from the last sale price (AED 530K, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →