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Studio · 349 sqftSilicon Gates 1, Dubai Silicon Oasis · 3rd floor · completed 2014

B304B, Silicon Gates 1

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B304B · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 245K2 September 2014
Current rentAED 35K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B304B, Silicon Gates 1

What is B304B worth today?

Last sold for AED 245,000 in 2014

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1 May 2024RentedRenewal
AED 35,000/yr12 months · AED 100 per sqft
1 May 2023RentedRenewal
AED 25,000/yr12 months · AED 72 per sqft
1 May 2022RentedNew contract
AED 18,000/yr12 months · AED 52 per sqft
1 May 2021RentedNew contract
AED 18,000/yr12 months · AED 52 per sqft
5 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
16 Jan 2019RentedNew contract
AED 28,000/yr12 months · AED 81 per sqft
2 Sep 2014SoldReady
AED 245,000AED 701 per sqft
6 Aug 2009Sold by developerOff-plan
AED 245,000AED 701 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
Studio apartment
Size
349 sqft
Floor
3rd of 25
Parking
B3-103
Developer
Time Properties
Completed
2014
Service charge
AED 5,200 /yr
Last sold
AED 245K · September 2014
Building
Silicon Gates 1

About B304B, Silicon Gates 1

B304B is a studio of 349 sqft on the 3rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 2 September 2014 for AED 245,000, or AED 701 per sqft, 18% below the AED 851 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 35,000 a year: a gross yield of 14.3% on the 2014 price, before the service charge of about AED 5,200 a year.

Sales and rents for B304B over time

Sales
Unit B304B, 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 245,000 (AED 701 per sqft)Sold, September 2014: AED 245,000 (AED 701 per sqft)

B304B has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B304B, 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 2019: AED 28,000 a yearNew contract, March 2020: AED 25,000 a yearNew contract, May 2021: AED 18,000 a yearNew contract, May 2022: AED 18,000 a yearRenewal, May 2023: AED 25,000 a yearRenewal, May 2024: AED 35,000 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 B304B sits

All 365 studios →

B304B last sold in September 2014 at AED 701 per sqft, 18% below what studios in Silicon Gates 1 were fetching at the time (AED 851). 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. B304B's AED 35,000 is in the lower 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 3rd floor

All 865 units in Silicon Gates 1
Value
A3012-bedAED 394K · Dec 2014
A302StudioAED 268K · Dec 2022
A303AStudioAED 545K · Feb 2026
A303BStudioAED 435K · Nov 2014
A3041-bedAED 615K · Nov 2024
A305A1-bedAED 1.03M · Aug 2014
A305BStudioAED 455K · Sep 2015
1–7 of 41

B304B, Silicon Gates 1 in numbers

  • Sold twice: first on 6 August 2009 for AED 245,000, last on 2 September 2014 for AED 245,000 (AED 701 per sqft).
  • Rented since January 2019 on 6 Ejari contracts. The rent fell from AED 28,000 to AED 18,000 in 2022 and recovered to AED 35,000 by May 2024.
  • At AED 35,000 a year the gross yield on the 2014 price is 14.3%, 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 1 May 2024.

Questions about B304B, Silicon Gates 1

What did unit B304B last sell for?

AED 245,000 on 2 September 2014: AED 701 per sqft for 349 sqft. The unit has 2 registered sales; the first was AED 245,000 in August 2009.

What is the rent for unit B304B?

AED 35,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 25,000; the unit has been rented since January 2019.

How big is unit B304B?

349 sqft (32.4 sqm): a studio on the 3rd floor of a 25-storey tower completed in 2014.

What is unit B304B 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 B304B, Silicon Gates 1

Starts from the last sale price (AED 245K, 2 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 245,000
Deposit, UAE resident (20%)
AED 49,000
Deposit, non-resident (40%)
AED 98,000
Monthly over 25 years at 3.7%
AED 1,002

Plus AED 13,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →