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1-bed · 850 sqftSilicon Gates 1, Dubai Silicon Oasis · 3rd floor · completed 2014

B308, Silicon Gates 1

Sold prices and rental history: sold 5 times, last in December 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B308 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 499K17 December 2024
Current rentAED 47K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B308, Silicon Gates 1

What is B308 worth today?

Last sold for AED 498,525 in 2024

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1 Jun 2025RentedNew contract
AED 46,500/yr7 months · AED 55 per sqft
17 Dec 2024SoldReady
AED 498,525AED 586 per sqft
31 May 2024RentedRenewal
AED 43,890/yr12 months · AED 52 per sqft
14 Jul 2022SoldReady
AED 400,000AED 470 per sqft
18 May 2022SoldReady
AED 664,000AED 780 per sqft
1 May 2022RentedNew contract
AED 38,106/yr13 months · AED 45 per sqft
7 Mar 2021RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
7 Mar 2019RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
3rd of 25
Parking
B3-100
Developer
Time Properties
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 499K · December 2024
Building
Silicon Gates 1

About B308, Silicon Gates 1

B308 is a one-bedroom apartment of 850 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 17 December 2024 for AED 498,525, or AED 586 per sqft, 12% below the AED 663 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 June 2025, is AED 46,500 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 12,700 a year.

Sales and rents for B308 over time

Sales
Unit B308, 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, July 2009: AED 332,000 (AED 390 per sqft)Sold, December 2014: AED 332,000 (AED 390 per sqft)Sold, May 2022: AED 664,000 (AED 780 per sqft)Sold, July 2022: AED 400,000 (AED 470 per sqft)Sold, December 2024: AED 498,525 (AED 586 per sqft)

B308 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit B308, 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, January 2015: AED 65,000 a yearNew contract, January 2016: AED 65,000 a yearRenewal, January 2017: AED 65,000 a yearRenewal, January 2018: AED 65,000 a yearNew contract, March 2019: AED 44,000 a yearRenewal, March 2021: AED 32,000 a yearNew contract, May 2022: AED 38,106 a yearRenewal, May 2024: AED 43,890 a yearNew contract, June 2025: AED 46,500 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 B308 sits

All 358 1-beds →

B308 last sold in December 2024 at AED 586 per sqft, 12% below what one-beds in Silicon Gates 1 were fetching at the time (AED 663). 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. B308's AED 46,500 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 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

B308, Silicon Gates 1 in numbers

  • Sold 5 times: first on 13 July 2009 for AED 332,000, last on 17 December 2024 for AED 498,525 (AED 586 per sqft).
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 32,000 in 2021 and recovered to AED 46,500 by June 2025.
  • At AED 46,500 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 12,700 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 June 2025.

Questions about B308, Silicon Gates 1

What did unit B308 last sell for?

AED 498,525 on 17 December 2024: AED 586 per sqft for 850 sqft. The unit has 5 registered sales; the first was AED 332,000 in July 2009.

What is the rent for unit B308?

AED 46,500 a year on the contract signed on 1 June 2025. The previous contract, from May 2024, was AED 43,890; the unit has been rented since January 2015.

How big is unit B308?

850 sqft (79.0 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2014.

What is unit B308 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 B308, Silicon Gates 1

Starts from the last sale price (AED 499K, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 498,525
Deposit, UAE resident (20%)
AED 99,705
Deposit, non-resident (40%)
AED 199,410
Monthly over 25 years at 3.7%
AED 2,040

Plus AED 23,848 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →