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1-bed · 879 sqftSilicon Gates 1, Dubai Silicon Oasis · 15th floor · completed 2014

C-1503, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-1503 · DLD and Ejari recordsUpdated 13 June 2023
Last soldAED 430K16 November 2022
Current rentAED 34K /yr13 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-1503, Silicon Gates 1

What is C-1503 worth today?

Last sold for AED 430,000 in 2022

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13 Jun 2023RentedNew contract
AED 33,691/yr12 months · AED 38 per sqft
16 Nov 2022SoldReady
AED 430,000AED 488 per sqft
13 Jun 2022RentedRenewal
AED 33,600/yr12 months · AED 38 per sqft
19 Jan 2022SoldReady
AED 625,000AED 710 per sqft
13 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 32 per sqft
16 Jan 2021RentedRenewal
AED 35,000/yr12 months · AED 40 per sqft
16 Jan 2020RentedRenewal
AED 42,000/yr12 months · AED 48 per sqft
16 Jan 2019RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 June 2023.

Key facts

Type
1-bed apartment
Size
879 sqft
Floor
15th of 25
Parking
B2-168
Developer
Time Properties
Completed
2014
Service charge
AED 13,100 /yr
Last sold
AED 430K · November 2022
Building
Silicon Gates 1

About C-1503, Silicon Gates 1

C-1503 is a one-bedroom apartment of 879 sqft on the 15th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 16 November 2022 for AED 430,000, or AED 488 per sqft, 4% below the AED 509 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 13 June 2023, is AED 33,691 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 13,100 a year.

Sales and rents for C-1503 over time

Sales
Unit C-1503, 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, April 2016: AED 312,500 (AED 355 per sqft)Sold, January 2022: AED 625,000 (AED 710 per sqft)Sold, November 2022: AED 430,000 (AED 488 per sqft)

C-1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-1503, 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, October 2016: AED 32,000 a yearNew contract, October 2017: AED 60,000 a yearNew contract, January 2019: AED 42,000 a yearRenewal, January 2020: AED 42,000 a yearRenewal, January 2021: AED 35,000 a yearNew contract, June 2021: AED 28,000 a yearRenewal, June 2022: AED 33,600 a yearNew contract, June 2023: AED 33,691 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 C-1503 sits

All 358 1-beds →

C-1503 last sold in November 2022 at AED 488 per sqft, 4% below what one-beds in Silicon Gates 1 were fetching at the time (AED 509). 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. C-1503's AED 33,691 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 15th floor

All 865 units in Silicon Gates 1
Value
A-15012-bedAED 1.2M · Aug 2016
A-1502StudioAED 310K · Sep 2023
A-1503AStudioAED 215K · Sep 2014
A-1503BStudioAED 195K · Feb 2022
A-1504A1-bedAED 618K · Nov 2016
A-1504BStudioAED 251K · Jun 2015
A-1505AED 675K · Oct 2025
1–7 of 34

C-1503, Silicon Gates 1 in numbers

  • Sold 3 times: first on 26 April 2016 for AED 312,500, last on 16 November 2022 for AED 430,000 (AED 488 per sqft).
  • Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2021 and recovered to AED 33,691 by June 2023.
  • At AED 33,691 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 13,100 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: YallaValue analysis of Dubai Land Department records. Updated 13 June 2023.

Questions about C-1503, Silicon Gates 1

What did unit C-1503 last sell for?

AED 430,000 on 16 November 2022: AED 488 per sqft for 879 sqft. The unit has 3 registered sales; the first was AED 312,500 in April 2016.

What is the rent for unit C-1503?

AED 33,691 a year on the contract signed on 13 June 2023. The previous contract, from June 2022, was AED 33,600; the unit has been rented since October 2016.

How big is unit C-1503?

879 sqft (81.7 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2014.

What is unit C-1503 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 C-1503, Silicon Gates 1

Starts from the last sale price (AED 430K, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →