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1-bed · 749 sqftSilicon Gates 1, Dubai Silicon Oasis · 3rd floor · completed 2014

C306, Silicon Gates 1

Sold prices and rental history: sold 4 times, last in December 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C306 · DLD and Ejari recordsUpdated 20 May 2022
Last soldAED 235K11 December 2018
Current rentAED 33K /yr20 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C306, Silicon Gates 1

What is C306 worth today?

Last sold for AED 234,807 in 2018

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20 May 2022RentedNew contract
AED 33,000/yr12 months · AED 44 per sqft
1 May 2021RentedNew contract
AED 27,000/yr12 months · AED 36 per sqft
5 Apr 2020RentedRenewal
AED 35,900/yr12 months · AED 48 per sqft
5 Apr 2019RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
11 Dec 2018SoldReady
AED 234,807AED 313 per sqft
11 Dec 2018SoldReady
AED 523,000AED 698 per sqft
6 May 2018RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
30 Nov 2014SoldReady
AED 261,500AED 349 per sqft

Source: Dubai Land Department. Updated 20 May 2022.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
3rd of 25
Parking
B3-28
Developer
Time Properties
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 235K · December 2018
Building
Silicon Gates 1

About C306, Silicon Gates 1

C306 is a one-bedroom apartment of 749 sqft on the 3rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 11 December 2018 for AED 234,807, or AED 313 per sqft, 55% below the AED 698 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 May 2022, is AED 33,000 a year: a gross yield of 14.1% on the 2018 price, before the service charge of about AED 11,200 a year.

Sales and rents for C306 over time

Sales
Unit C306, each saleTypical one-bed in Silicon Gates 1
250K500K750K2009201420192024Typical 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, July 2009: AED 261,500 (AED 349 per sqft)Sold, November 2014: AED 261,500 (AED 349 per sqft)Sold, December 2018: AED 234,807 (AED 313 per sqft)Sold, December 2018: AED 523,000 (AED 698 per sqft)

C306 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit C306, 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, May 2018: AED 48,000 a yearNew contract, April 2019: AED 38,000 a yearRenewal, April 2020: AED 35,900 a yearNew contract, May 2021: AED 27,000 a yearNew contract, May 2022: AED 33,000 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 C306 sits

All 358 1-beds →

C306 last sold in December 2018 at AED 313 per sqft, 55% below what one-beds in Silicon Gates 1 were fetching at the time (AED 698). 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. C306's AED 33,000 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 3rd floor

All 865 units in Silicon Gates 1
Value
A3012-bedAED 394K · Dec 2014
A302StudioAED 268K · Dec 2022
A303AStudioAED 545K · Feb 2026
A303BStudioAED 435K · Nov 2014
A3041-bedAED 615K · Nov 2024
A305A1-bedAED 1.03M · Aug 2014
A305BStudioAED 455K · Sep 2015
1–7 of 41

C306, Silicon Gates 1 in numbers

  • Sold 4 times: first on 16 July 2009 for AED 261,500, last on 11 December 2018 for AED 234,807 (AED 313 per sqft).
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 27,000 in 2021 and recovered to AED 33,000 by May 2022.
  • At AED 33,000 a year the gross yield on the 2018 price is 14.1%, before a service charge of about AED 11,200 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: Dubai Land Department. Updated 20 May 2022.

Questions about C306, Silicon Gates 1

What did unit C306 last sell for?

AED 234,807 on 11 December 2018: AED 313 per sqft for 749 sqft. The unit has 4 registered sales; the first was AED 261,500 in July 2009.

What is the rent for unit C306?

AED 33,000 a year on the contract signed on 20 May 2022. The previous contract, from May 2021, was AED 27,000; the unit has been rented since May 2018.

How big is unit C306?

749 sqft (69.6 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2014.

What is unit C306 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 C306, Silicon Gates 1

Starts from the last sale price (AED 235K, 11 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 234,807
Deposit, UAE resident (20%)
AED 46,961
Deposit, non-resident (40%)
AED 93,923
Monthly over 25 years at 3.7%
AED 961

Plus AED 12,772 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →