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1-bed · 828 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

B-702, Silicon Gates 1

Sold prices and rental history: sold twice, last in November 2014, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-702 · DLD and Ejari recordsUpdated 1 October 2021
Last soldAED 562K16 November 2014
Current rentAED 38K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-702, Silicon Gates 1

What is B-702 worth today?

Last sold for AED 562,000 in 2014

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1 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
16 Nov 2014SoldReady
AED 562,000AED 679 per sqft
12 Aug 2009Sold by developerOff-plan
AED 562,000AED 679 per sqft

Source: Dubai Land Department. Updated 1 October 2021.

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
7th of 25
Parking
B3-216
Developer
Time Properties
Completed
2014
Service charge
AED 12,400 /yr
Last sold
AED 562K · November 2014
Building
Silicon Gates 1

About B-702, Silicon Gates 1

B-702 is a one-bedroom apartment of 828 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 16 November 2014 for AED 562,000, or AED 679 per sqft, 18% below the AED 831 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2021. The current contract, signed on 1 October 2021, is AED 38,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 12,400 a year.

Sales and rents for B-702 over time

Sales
Unit B-702, 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, August 2009: AED 562,000 (AED 679 per sqft)Sold, November 2014: AED 562,000 (AED 679 per sqft)

B-702 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-702, 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, October 2021: AED 38,000 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-702 sits

All 358 1-beds →

B-702 last sold in November 2014 at AED 679 per sqft, 18% below what one-beds in Silicon Gates 1 were fetching at the time (AED 831). 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-702's AED 38,000 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 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

B-702, Silicon Gates 1 in numbers

  • Sold twice: first on 12 August 2009 for AED 562,000, last on 16 November 2014 for AED 562,000 (AED 679 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 12,400 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: Dubai Land Department. Updated 1 October 2021.

Questions about B-702, Silicon Gates 1

What did unit B-702 last sell for?

AED 562,000 on 16 November 2014: AED 679 per sqft for 828 sqft. The unit has 2 registered sales; the first was AED 562,000 in August 2009.

What is the rent for unit B-702?

AED 38,000 a year on the contract signed on 1 October 2021.

How big is unit B-702?

828 sqft (76.9 sqm): a one-bedroom apartment on the 7th floor of a 25-storey tower completed in 2014.

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

Starts from the last sale price (AED 562K, 16 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 562,000
Deposit, UAE resident (20%)
AED 112,400
Deposit, non-resident (40%)
AED 224,800
Monthly over 25 years at 3.7%
AED 2,299

Plus AED 28,614 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →