Studio · 462 sqftSilicon Gates 1, Dubai Silicon Oasis · 7th floor · completed 2014

C-702, Silicon Gates 1

Sold prices and rental history: sold twice, last in August 2014, and rented once, from April 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-702 · DLD and Ejari recordsUpdated 1 April 2020
Last soldAED 271K21 August 2014
Current rentAED 12K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C-702, Silicon Gates 1

What is C-702 worth today?

Last sold for AED 270,630 in 2014

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1 Apr 2020RentedNew contract
AED 12,000/yr12 months · AED 26 per sqft
21 Aug 2014SoldReady
AED 270,630AED 585 per sqft
12 Aug 2009Sold by developerOff-plan
AED 270,630AED 585 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2020.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
7th of 25
Parking
B3-233
Developer
Time Properties
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 271K · August 2014

About C-702, Silicon Gates 1

C-702 is a studio of 462 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 21 August 2014 for AED 270,630, or AED 585 per sqft, 38% below the AED 943 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2020. The current contract, signed on 1 April 2020, is AED 12,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 6,900 a year.

Sales and rents for C-702 over time

Sales
Unit C-702, 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 270,630 (AED 585 per sqft)Sold, August 2014: AED 270,630 (AED 585 per sqft)

C-702 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit C-702, 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, April 2020: AED 12,000 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-702 sits

All 365 studios →

C-702 last sold in August 2014 at AED 585 per sqft, 38% below what studios in Silicon Gates 1 were fetching at the time (AED 943). 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-702's AED 12,000 is at the bottom 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-702, Silicon Gates 1 in numbers

  • Sold twice: first on 12 August 2009 for AED 270,630, last on 21 August 2014 for AED 270,630 (AED 585 per sqft).
  • Rented since April 2020 on one Ejari contract, at AED 12,000 a year.
  • At AED 12,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 6,900 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 1 April 2020.

Questions about C-702, Silicon Gates 1

What did unit C-702 last sell for?

AED 270,630 on 21 August 2014: AED 585 per sqft for 462 sqft. The unit has 2 registered sales; the first was AED 270,630 in August 2009.

What is the rent for unit C-702?

AED 12,000 a year on the contract signed on 1 April 2020.

How big is unit C-702?

462 sqft (42.9 sqm): a studio on the 7th floor of a 25-storey tower completed in 2014.

What is unit C-702 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-702, Silicon Gates 1

Starts from the last sale price (AED 271K, 21 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 270,630
Deposit, UAE resident (20%)
AED 54,126
Deposit, non-resident (40%)
AED 108,252
Monthly over 25 years at 3.7%
AED 1,107

Plus AED 14,276 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →