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2-bed · 1,130 sqftSilicon Gates 1, Dubai Silicon Oasis · 12th floor · completed 2014

C-1204, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-1204 · DLD and Ejari recordsUpdated 11 April 2022
Last soldAED 595K11 April 2022
Current rentAED 45K /yr20 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-1204, Silicon Gates 1

What is C-1204 worth today?

Last sold for AED 595,000 in 2022

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11 Apr 2022SoldReady
AED 595,000AED 526 per sqft
20 Jul 2021RentedRenewal
AED 45,000/yr12 months · AED 40 per sqft
20 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 40 per sqft
1 Jun 2019RentedNew contract
AED 62,000/yr12 months · AED 55 per sqft
1 Jun 2018RentedNew contract
AED 68,000/yr12 months · AED 60 per sqft
11 Sep 2014SoldReady
AED 820,000AED 725 per sqft
17 Aug 2009Sold by developerOff-plan
AED 820,000AED 725 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 April 2022.

Key facts

Type
2-bed apartment
Size
1,130 sqft
Floor
12th of 25
Parking
B1-224
Developer
Time Properties
Completed
2014
Service charge
AED 16,900 /yr
Last sold
AED 595K · April 2022
Building
Silicon Gates 1

About C-1204, Silicon Gates 1

C-1204 is a two-bedroom apartment of 1,130 sqft on the 12th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 11 April 2022 for AED 595,000, or AED 526 per sqft, in line with the AED 517 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 20 July 2021, is AED 45,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 16,900 a year.

Sales and rents for C-1204 over time

Sales
Unit C-1204, each saleTypical two-bed in Silicon Gates 1
500K750K1M2009201420192024Typical sale price by year: 2009 AED 1,014,000; 2013 AED 978,516; 2014 AED 996,503; 2015 AED 982,000; 2016 AED 874,000; 2020 AED 555,000; 2021 AED 709,000; 2022 AED 735,000; 2023 AED 690,000; 2024 AED 955,000; 2025 AED 950,000Sold by developer, August 2009: AED 820,000 (AED 725 per sqft)Sold, September 2014: AED 820,000 (AED 725 per sqft)Sold, April 2022: AED 595,000 (AED 526 per sqft)

C-1204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit C-1204, each contractTypical two-bed in Silicon Gates 1
50K75K100K20142017202020232026Typical rent by year: 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 67,500; 2020 AED 55,000; 2021 AED 49,733; 2022 AED 55,100; 2023 AED 60,011; 2024 AED 67,000; 2025 AED 71,500New contract, June 2018: AED 68,000 a yearNew contract, June 2019: AED 62,000 a yearNew contract, July 2020: AED 45,000 a yearRenewal, July 2021: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Silicon Gates 1, and where C-1204 sits

All 85 2-beds →

C-1204 last sold in April 2022 at AED 526 per sqft, in line with what two-beds in Silicon Gates 1 were fetching at the time (AED 517). Over the last 12 months two-beds sold for AED 1,040,000 to 1,250,000, around AED 903 per sqft, and rent for AED 59,513 to 105,000 a year. C-1204's AED 45,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Dec 20251,040,000
29 Jul 20251,170,000
19 Jun 20251,130,000
4 Jun 2025960,000
2 2-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. 22 sold in the last 12 months.

Typical price per sqft
AED 907 Up 12.7%
Typical sale
AED 546K
Typical rent
AED 46K /yr
Typical yield
8.9%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 12th floor

All 865 units in Silicon Gates 1
Value
A-12012-bedAED 1.25M · Feb 2015
A-1202StudioAED 667K · Nov 2014
A-1203AStudioAED 435K · Feb 2025
A-1203BStudioAED 420K · Aug 2014
A-1204AED 630K · Oct 2025
A-1205A1-bedAED 610K · May 2018
A-1205BStudioAED 395K · May 2025
1–7 of 40

C-1204, Silicon Gates 1 in numbers

  • Sold 3 times: first on 17 August 2009 for AED 820,000, last on 11 April 2022 for AED 595,000 (AED 526 per sqft).
  • Rented since June 2018 on 4 Ejari contracts, from AED 68,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 16,900 a year (AED 14.94 per sqft).
  • Two-beds in Silicon Gates 1 sold for AED 1,040,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 April 2022.

Questions about C-1204, Silicon Gates 1

What did unit C-1204 last sell for?

AED 595,000 on 11 April 2022: AED 526 per sqft for 1,130 sqft. The unit has 3 registered sales; the first was AED 820,000 in August 2009.

What is the rent for unit C-1204?

AED 45,000 a year on the contract renewed on 20 July 2021. The previous contract, from July 2020, was AED 45,000; the unit has been rented since June 2018.

How big is unit C-1204?

1,130 sqft (105.0 sqm): a two-bedroom apartment on the 12th floor of a 25-storey tower completed in 2014.

What is unit C-1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Gates 1 sold for AED 1,040,000 to 1,250,000 in the last 12 months, around AED 903 per sqft.

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Mortgage on C-1204, Silicon Gates 1

Starts from the last sale price (AED 595K, 11 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

Plus AED 30,000 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →