1-bed · 856 sqftSilicon Gates 1, Dubai Silicon Oasis · 2nd floor · completed 2014

B212, Silicon Gates 1

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

Unit B212 · DLD and Ejari recordsUpdated 15 June 2020
Last soldAED 665K2 February 2015
Current rentAED 34K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B212, Silicon Gates 1

What is B212 worth today?

Last sold for AED 665,000 in 2015

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15 Jun 2020RentedNew contract
AED 34,000/yr12 months · AED 39 per sqft
26 Feb 2015RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
2 Feb 2015SoldReady
AED 665,000AED 776 per sqft
5 Aug 2009Sold by developerOff-plan
AED 665,000AED 776 per sqft

Source: Dubai Land Department. Updated 15 June 2020.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
2nd of 25
Parking
B3-12
Developer
Time Properties
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 665K · February 2015

About B212, Silicon Gates 1

B212 is a one-bedroom apartment of 856 sqft on the 2nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 2 February 2015 for AED 665,000, or AED 776 per sqft, 6% below the AED 825 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 15 June 2020, is AED 34,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 12,800 a year.

Sales and rents for B212 over time

Sales
Unit B212, 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 665,000 (AED 776 per sqft)Sold, February 2015: AED 665,000 (AED 776 per sqft)

B212 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B212, 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, February 2015: AED 65,000 a yearNew contract, June 2020: AED 34,000 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 B212 sits

All 358 1-beds →

B212 last sold in February 2015 at AED 776 per sqft, 6% below what one-beds in Silicon Gates 1 were fetching at the time (AED 825). 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. B212's AED 34,000 is at the bottom 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 2nd floor

All 865 units in Silicon Gates 1
Value
A2012-bedNo registered sale
A202StudioAED 349K · Aug 2014
A203AStudioAED 330K · Oct 2014
A203BStudioAED 350K · Dec 2023
A2041-bedAED 461K · Aug 2014
A205A1-bedAED 650K · May 2024
A205BStudioAED 295K · Aug 2014
1–7 of 41

B212, Silicon Gates 1 in numbers

  • Sold twice: first on 5 August 2009 for AED 665,000, last on 2 February 2015 for AED 665,000 (AED 776 per sqft).
  • Rented since February 2015 on 2 Ejari contracts, from AED 65,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2015 price is 5.1%, 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: Dubai Land Department. Updated 15 June 2020.

Questions about B212, Silicon Gates 1

What did unit B212 last sell for?

AED 665,000 on 2 February 2015: AED 776 per sqft for 856 sqft. The unit has 2 registered sales; the first was AED 665,000 in August 2009.

What is the rent for unit B212?

AED 34,000 a year on the contract signed on 15 June 2020. The previous contract, from February 2015, was AED 65,000.

How big is unit B212?

856 sqft (79.5 sqm): a one-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2014.

What is unit B212 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 B212, Silicon Gates 1

Starts from the last sale price (AED 665K, 2 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

Plus AED 32,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →