Studio · 389 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

C-701, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in March 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-701 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 350K2 March 2015
Current rentAED 38K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-701, Silicon Gates 1

What is C-701 worth today?

Last sold for AED 350,000 in 2015

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15 Jun 2025RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
1 May 2024RentedNew contract
AED 37,000/yr12 months · AED 95 per sqft
1 Apr 2022RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
1 Apr 2021RentedRenewal
AED 19,000/yr12 months · AED 49 per sqft
1 Sep 2020RentedNew contract
AED 37,714/yr7 months · AED 97 per sqft
24 Dec 2015RentedNew contract
AED 46,000/yr12 months · AED 119 per sqft
2 Mar 2015SoldReady
AED 350,000AED 899 per sqft
12 Nov 2014SoldReady
AED 292,000AED 750 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2025.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
7th of 25
Parking
B3-234
Developer
Time Properties
Completed
2014
Service charge
AED 5,800 /yr
Last sold
AED 350K · March 2015

About C-701, Silicon Gates 1

C-701 is a studio of 389 sqft on the 7th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 2 March 2015 for AED 350,000, or AED 899 per sqft, 4% above the AED 865 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 June 2025, is AED 38,000 a year: a gross yield of 10.9% on the 2015 price, before the service charge of about AED 5,800 a year.

Sales and rents for C-701 over time

Sales
Unit C-701, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 327,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 227,500; 2013 AED 333,574; 2014 AED 355,000; 2015 AED 350,000; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 250,500; 2021 AED 252,500; 2022 AED 255,000; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 480,000Sold by developer, August 2009: AED 292,000 (AED 750 per sqft)Sold, November 2014: AED 292,000 (AED 750 per sqft)Sold, March 2015: AED 350,000 (AED 899 per sqft)

C-701 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit C-701, each contractTypical studio in Silicon Gates 1
20K40K2014201820222026Typical rent by year: 2014 AED 44,880; 2015 AED 45,000; 2016 AED 45,000; 2017 AED 40,000; 2018 AED 35,000; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 28,000; 2024 AED 33,500; 2025 AED 37,000; 2026 AED 40,500New contract, December 2015: AED 46,000 a yearNew contract, September 2020: AED 37,714 a yearRenewal, April 2021: AED 19,000 a yearNew contract, April 2022: AED 22,000 a yearNew contract, May 2024: AED 37,000 a yearNew contract, June 2025: AED 38,000 a year

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

Studios in Silicon Gates 1, and where C-701 sits

All 365 studios →

C-701 last sold in March 2015 at AED 899 per sqft, 4% above what studios in Silicon Gates 1 were fetching at the time (AED 865). Over the last 12 months studios sold for AED 430,000 to 545,000, around AED 1,170 per sqft, and rent for AED 28,000 to 50,000 a year. C-701's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026480,000
13 Feb 2026430,000
9 Feb 2026545,000
22 Jan 2026450,000
8 studio 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 7th floor

All 865 units in Silicon Gates 1
Value
A-7012-bedAED 1.08M · Nov 2024
A-702StudioAED 330K · Dec 2018
A-703AStudioAED 305K · Oct 2018
A-703BStudioAED 400K · Jun 2025
A-7041-bedAED 580K · Apr 2025
A-705A1-bedAED 600K · Apr 2024
A-705BStudioAED 310K · Nov 2014
1–7 of 42

C-701, Silicon Gates 1 in numbers

  • Sold 3 times: first on 12 August 2009 for AED 292,000, last on 2 March 2015 for AED 350,000 (AED 899 per sqft).
  • Rented since December 2015 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 19,000 in 2021 and recovered to AED 38,000 by June 2025.
  • At AED 38,000 a year the gross yield on the 2015 price is 10.9%, before a service charge of about AED 5,800 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 430,000–545,000 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 15 June 2025.

Questions about C-701, Silicon Gates 1

What did unit C-701 last sell for?

AED 350,000 on 2 March 2015: AED 899 per sqft for 389 sqft. The unit has 3 registered sales; the first was AED 292,000 in August 2009.

What is the rent for unit C-701?

AED 38,000 a year on the contract signed on 15 June 2025. The previous contract, from May 2024, was AED 37,000; the unit has been rented since December 2015.

How big is unit C-701?

389 sqft (36.1 sqm): a studio on the 7th floor of a 25-storey tower completed in 2014.

What is unit C-701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 1 sold for AED 430,000 to 545,000 in the last 12 months, around AED 1,170 per sqft.

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Mortgage on C-701, Silicon Gates 1

Starts from the last sale price (AED 350K, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →