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Studio · 349 sqftSilicon Gates 1, Dubai Silicon Oasis · 10th floor · completed 2014

B1003B, Silicon Gates 1

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1003B · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 360K27 November 2024
Current rentAED 25K /yr21 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1003B, Silicon Gates 1

What is B1003B worth today?

Last sold for AED 360,000 in 2024

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27 Nov 2024SoldReady
AED 360,000AED 1,031 per sqft
21 Jan 2024RentedRenewal
AED 25,000/yr12 months · AED 73 per sqft
21 Jan 2023RentedRenewal
AED 25,000/yr12 months · AED 73 per sqft
21 Jan 2021RentedRenewal
AED 25,000/yr12 months · AED 73 per sqft
21 Jan 2019RentedRenewal
AED 32,000/yr12 months · AED 93 per sqft
21 Jan 2018RentedNew contract
AED 32,000/yr12 months · AED 93 per sqft
1 Jun 2015Sold by developerOff-plan
AED 417,000AED 1,194 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2024.

Key facts

Type
Studio apartment
Size
349 sqft
Floor
10th of 25
Parking
B3-153
Developer
Time Properties
Completed
2014
Service charge
AED 5,200 /yr
Last sold
AED 360K · November 2024
Building
Silicon Gates 1

About B1003B, Silicon Gates 1

B1003B is a studio of 349 sqft on the 10th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 27 November 2024 for AED 360,000, or AED 1,031 per sqft, 19% above the AED 869 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 21 January 2024, is AED 25,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 5,200 a year.

Sales and rents for B1003B over time

Sales
Unit B1003B, 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, June 2015: AED 417,000 (AED 1,194 per sqft)Sold, November 2024: AED 360,000 (AED 1,031 per sqft)

B1003B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B1003B, 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, January 2018: AED 32,000 a yearRenewal, January 2019: AED 32,000 a yearRenewal, January 2021: AED 25,000 a yearRenewal, January 2023: AED 25,000 a yearRenewal, January 2024: AED 25,000 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 B1003B sits

All 365 studios →

B1003B last sold in November 2024 at AED 1,031 per sqft, 19% above what studios in Silicon Gates 1 were fetching at the time (AED 869). 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. B1003B's AED 25,000 is at the bottom 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 10th floor

All 865 units in Silicon Gates 1
Value
A10012-bedAED 750K · Jun 2022
A1002StudioAED 500K · Jan 2015
A1003AStudioAED 436K · Nov 2014
A1003BStudioAED 395K · Jun 2024
A10041-bedAED 200K · Oct 2023
A1005A1-bedAED 640K · Aug 2016
A1005BStudioAED 450K · Jan 2017
1–7 of 40

B1003B, Silicon Gates 1 in numbers

  • Sold twice: first on 1 June 2015 for AED 417,000, last on 27 November 2024 for AED 360,000 (AED 1,031 per sqft).
  • Rented since January 2018 on 5 Ejari contracts, from AED 32,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 5,200 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 27 November 2024.

Questions about B1003B, Silicon Gates 1

What did unit B1003B last sell for?

AED 360,000 on 27 November 2024: AED 1,031 per sqft for 349 sqft. The unit has 2 registered sales; the first was AED 417,000 in June 2015.

What is the rent for unit B1003B?

AED 25,000 a year on the contract renewed on 21 January 2024. The previous contract, from January 2023, was AED 25,000; the unit has been rented since January 2018.

How big is unit B1003B?

349 sqft (32.4 sqm): a studio on the 10th floor of a 25-storey tower completed in 2014.

What is unit B1003B 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 B1003B, Silicon Gates 1

Starts from the last sale price (AED 360K, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →