Studio · 427 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

B-708B, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-708B · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 330K14 March 2023
Current rentAED 45K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-708B, Silicon Gates 1

What is B-708B worth today?

Last sold for AED 330,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2025RentedRenewal
AED 45,000/yr12 months · AED 105 per sqft
1 May 2024RentedRenewal
AED 43,000/yr12 months · AED 101 per sqft
14 Mar 2023SoldReady
AED 330,000AED 773 per sqft
22 Feb 2023SoldReady
AED 275,250AED 644 per sqft
1 Nov 2021RentedRenewal
AED 25,000/yr12 months · AED 59 per sqft
1 Nov 2019RentedNew contract
AED 28,000/yr12 months · AED 66 per sqft
1 Sep 2018RentedRenewal
AED 38,000/yr12 months · AED 88 per sqft
1 Sep 2017RentedNew contract
AED 43,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
7th of 25
Parking
B3-198
Developer
Time Properties
Completed
2014
Service charge
AED 6,400 /yr
Last sold
AED 330K · March 2023

About B-708B, Silicon Gates 1

B-708B is a studio of 427 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 14 March 2023 for AED 330,000, or AED 773 per sqft, 20% above the AED 646 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 45,000 a year: a gross yield of 13.6% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for B-708B over time

Sales
Unit B-708B, 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 337,000 (AED 789 per sqft)Sold, November 2014: AED 337,000 (AED 789 per sqft)Sold, February 2023: AED 275,250 (AED 644 per sqft)Sold, March 2023: AED 330,000 (AED 773 per sqft)

B-708B has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit B-708B, 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, September 2017: AED 43,000 a yearRenewal, September 2018: AED 38,000 a yearNew contract, November 2019: AED 28,000 a yearRenewal, November 2021: AED 25,000 a yearRenewal, May 2024: AED 43,000 a yearRenewal, May 2025: AED 45,000 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 B-708B sits

All 365 studios →

B-708B last sold in March 2023 at AED 773 per sqft, 20% above what studios in Silicon Gates 1 were fetching at the time (AED 646). 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. B-708B's AED 45,000 is in the upper 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-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-708B, Silicon Gates 1 in numbers

  • Sold 4 times: first on 12 August 2009 for AED 337,000, last on 14 March 2023 for AED 330,000 (AED 773 per sqft).
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 43,000 to AED 25,000 in 2021 and recovered to AED 45,000 by May 2025.
  • At AED 45,000 a year the gross yield on the 2023 price is 13.6%, before a service charge of about AED 6,400 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: Dubai Land Department. Updated 1 May 2025.

Questions about B-708B, Silicon Gates 1

What did unit B-708B last sell for?

AED 330,000 on 14 March 2023: AED 773 per sqft for 427 sqft. The unit has 4 registered sales; the first was AED 337,000 in August 2009.

What is the rent for unit B-708B?

AED 45,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 43,000; the unit has been rented since September 2017.

How big is unit B-708B?

427 sqft (39.7 sqm): a studio on the 7th floor of a 25-storey tower completed in 2014.

What is unit B-708B 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.

Selling B-708B? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on B-708B, Silicon Gates 1

Starts from the last sale price (AED 330K, 14 March 2023). 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 →