3-bed · 1,867 sqftSilicon Gates 1, Dubai Silicon Oasis · 24th floor · completed 2014

C-2405, Silicon Gates 1

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

Unit C-2405 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.47M27 November 2014
Current rentAED 95K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-2405, Silicon Gates 1

What is C-2405 worth today?

Last sold for AED 1,466,000 in 2014

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1 Mar 2025RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
1 Mar 2024RentedRenewal
AED 88,000/yr12 months · AED 47 per sqft
1 Mar 2023RentedRenewal
AED 79,000/yr12 months · AED 42 per sqft
15 Nov 2018RentedNew contract
AED 92,000/yr12 months · AED 49 per sqft
15 Sep 2016RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
15 Sep 2015RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft
27 Nov 2014SoldReady
AED 1,466,000AED 785 per sqft
1 Nov 2014RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
3-bed apartment
Size
1,867 sqft
Floor
24th of 25
Parking
B1-124,B1-125
Developer
Time Properties
Completed
2014
Service charge
AED 27,900 /yr
Last sold
AED 1.47M · November 2014

About C-2405, Silicon Gates 1

C-2405 is a three-bedroom apartment of 1,867 sqft on the 24th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 27 November 2014 for AED 1,466,000, or AED 785 per sqft, 7% below the AED 848 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 95,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 27,900 a year.

Sales and rents for C-2405 over time

Sales
Unit C-2405, each saleTypical three-bed in Silicon Gates 1
1M1.5M20092013201720212025Typical sale price by year: 2009 AED 1,056,625; 2014 AED 1,512,881; 2015 AED 944,000; 2024 AED 1,330,000Sold by developer, December 2013: AED 1,466,000 (AED 785 per sqft)Sold, November 2014: AED 1,466,000 (AED 785 per sqft)

C-2405 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit C-2405, each contractTypical three-bed in Silicon Gates 1
100K20142017202020232026Typical rent by year: 2014 AED 135,000; 2015 AED 130,000; 2016 AED 120,000; 2017 AED 124,500; 2018 AED 107,500; 2019 AED 90,000; 2020 AED 80,000; 2021 AED 78,000; 2022 AED 87,500; 2023 AED 100,000; 2024 AED 109,625; 2025 AED 118,000New contract, November 2014: AED 130,000 a yearNew contract, September 2015: AED 130,000 a yearRenewal, September 2016: AED 120,000 a yearNew contract, November 2018: AED 92,000 a yearRenewal, March 2023: AED 79,000 a yearRenewal, March 2024: AED 88,000 a yearRenewal, March 2025: AED 95,000 a year

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

3-beds in Silicon Gates 1, and where C-2405 sits

All 27 3-beds →

C-2405 last sold in November 2014 at AED 785 per sqft, 7% below what three-beds in Silicon Gates 1 were fetching at the time (AED 848). Over the last 12 months three-beds sold for AED 1,400,000, around AED 937 per sqft, and rent for AED 118,000 to 120,000 a year. C-2405's AED 95,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jul 20251,560,000
24 Sep 20241,330,000
24 Sep 20241,576,000
2 Jul 20241,100,000
1 3-bed sale 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 24th floor

All 865 units in Silicon Gates 1
Value
A-2401StudioAED 299K · Sep 2014
A-24022-bedAED 979K · Sep 2014
A-24032-bedAED 944K · Aug 2014
A-24041-bedAED 580K · Nov 2014
A-24053-bedAED 1.29M · Aug 2014
C-2401StudioAED 250K · Jul 2022
C-24022-bedAED 640K · Jul 2023
1–7 of 12

C-2405, Silicon Gates 1 in numbers

  • Sold twice: first on 24 December 2013 for AED 1,466,000, last on 27 November 2014 for AED 1,466,000 (AED 785 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 79,000 in 2023 and recovered to AED 95,000 by March 2025.
  • At AED 95,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 27,900 a year (AED 14.94 per sqft).
  • Three-beds in Silicon Gates 1 sold for AED 1,400,000–1,400,000 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 1 March 2025.

Questions about C-2405, Silicon Gates 1

What did unit C-2405 last sell for?

AED 1,466,000 on 27 November 2014: AED 785 per sqft for 1,867 sqft. The unit has 2 registered sales; the first was AED 1,466,000 in December 2013.

What is the rent for unit C-2405?

AED 95,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 88,000; the unit has been rented since November 2014.

How big is unit C-2405?

1,867 sqft (173.5 sqm): a three-bedroom apartment on the 24th floor of a 25-storey tower completed in 2014.

What is unit C-2405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silicon Gates 1 sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 937 per sqft.

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Mortgage on C-2405, Silicon Gates 1

Starts from the last sale price (AED 1.47M, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,466,000
Deposit, UAE resident (20%)
AED 293,200
Deposit, non-resident (40%)
AED 586,400
Monthly over 25 years at 3.7%
AED 5,998

Plus AED 66,582 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →