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1-bed · 828 sqftSilicon Gates 1, Dubai Silicon Oasis · 20th floor · completed 2014

C-2008, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-2008 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 300K6 October 2022
Current rentAED 45K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-2008, Silicon Gates 1

What is C-2008 worth today?

Last sold for AED 300,000 in 2022

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1 Nov 2024RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
1 Nov 2023RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
6 Oct 2022SoldReady
AED 300,000AED 362 per sqft
22 Jul 2019SoldReady
AED 425,000AED 513 per sqft
21 Oct 2014SoldReady
AED 689,700AED 833 per sqft
24 Aug 2009Sold by developerOff-plan
AED 689,700AED 833 per sqft

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

Key facts

Type
1-bed apartment
Size
828 sqft
Floor
20th of 25
Parking
B1-31
Developer
Time Properties
Completed
2014
Service charge
AED 12,400 /yr
Last sold
AED 300K · October 2022
Building
Silicon Gates 1

About C-2008, Silicon Gates 1

C-2008 is a one-bedroom apartment of 828 sqft on the 20th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 6 October 2022 for AED 300,000, or AED 362 per sqft, 29% below the AED 510 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 45,000 a year: a gross yield of 15.0% on the 2022 price, before the service charge of about AED 12,400 a year.

Sales and rents for C-2008 over time

Sales
Unit C-2008, 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 689,700 (AED 833 per sqft)Sold, October 2014: AED 689,700 (AED 833 per sqft)Sold, July 2019: AED 425,000 (AED 513 per sqft)Sold, October 2022: AED 300,000 (AED 362 per sqft)

C-2008 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit C-2008, 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 53,500Renewal, November 2023: AED 45,000 a yearRenewal, November 2024: AED 45,000 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 C-2008 sits

All 358 1-beds →

C-2008 last sold in October 2022 at AED 362 per sqft, 29% below what one-beds in Silicon Gates 1 were fetching at the time (AED 510). 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-2008's AED 45,000 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 20th floor

All 865 units in Silicon Gates 1
Value
A-20012-bedAED 720K · Dec 2023
A-2002StudioAED 300K · Feb 2025
A-2003AStudioAED 489K · Oct 2014
A-2003BAED 355K · Nov 2025
A-2004A1-bedAED 628K · Oct 2014
A-2004BStudioAED 275K · Nov 2019
A-20051-bedAED 570K · Mar 2025
1–7 of 32

C-2008, Silicon Gates 1 in numbers

  • Sold 4 times: first on 24 August 2009 for AED 689,700, last on 6 October 2022 for AED 300,000 (AED 362 per sqft).
  • Rented since November 2023 on 2 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 15.0%, before a service charge of about AED 12,400 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 1 November 2024.

Questions about C-2008, Silicon Gates 1

What did unit C-2008 last sell for?

AED 300,000 on 6 October 2022: AED 362 per sqft for 828 sqft. The unit has 4 registered sales; the first was AED 689,700 in August 2009.

What is the rent for unit C-2008?

AED 45,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 45,000.

How big is unit C-2008?

828 sqft (76.9 sqm): a one-bedroom apartment on the 20th floor of a 25-storey tower completed in 2014.

What is unit C-2008 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-2008, Silicon Gates 1

Starts from the last sale price (AED 300K, 6 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →