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Studio · 460 sqftSilicon Gates 1, Dubai Silicon Oasis · 16th floor · completed 2014

D-1602A, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D-1602A · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 475K28 November 2015
Current rentAED 38K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D-1602A, Silicon Gates 1

What is D-1602A worth today?

Last sold for AED 475,000 in 2015

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1 Oct 2025RentedRenewal
AED 38,000/yr12 months · AED 83 per sqft
1 Oct 2024RentedRenewal
AED 36,000/yr12 months · AED 78 per sqft
1 Oct 2023RentedNew contract
AED 34,000/yr12 months · AED 74 per sqft
20 May 2023RentedRenewal
AED 28,500/yr12 months · AED 62 per sqft
20 May 2022RentedNew contract
AED 26,000/yr12 months · AED 56 per sqft
20 May 2021RentedNew contract
AED 23,000/yr12 months · AED 50 per sqft
28 Nov 2015Sold by developerOff-plan
AED 475,000AED 1,031 per sqft
28 Nov 2015SoldOff-plan
AED 413,000AED 896 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
16th of 25
Parking
B2-54
Developer
Time Properties
Completed
2014
Service charge
AED 6,900 /yr
Last sold
AED 475K · November 2015
Building
Silicon Gates 1

About D-1602A, Silicon Gates 1

D-1602A is a studio of 460 sqft on the 16th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 28 November 2015 for AED 475,000, or AED 1,031 per sqft, 26% above the AED 821 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 38,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 6,900 a year.

Sales and rents for D-1602A over time

Sales
Unit D-1602A, 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, November 2015: AED 475,000 (AED 1,031 per sqft)Sold, November 2015: AED 413,000 (AED 896 per sqft)Sold, November 2015: AED 380,000 (AED 825 per sqft)

D-1602A has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit D-1602A, 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, May 2021: AED 23,000 a yearNew contract, May 2022: AED 26,000 a yearRenewal, May 2023: AED 28,500 a yearNew contract, October 2023: AED 34,000 a yearRenewal, October 2024: AED 36,000 a yearRenewal, October 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 D-1602A sits

All 365 studios →

D-1602A last sold in November 2015 at AED 1,031 per sqft, 26% above what studios in Silicon Gates 1 were fetching at the time (AED 821). Over the last 12 months studios sold for AED 400,000 to 545,000, around AED 1,231 per sqft, and rent for AED 28,000 to 50,000 a year. D-1602A'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
9 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. 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 16th floor

All 865 units in Silicon Gates 1
Value
A-16012-bedAED 960K · Jun 2025
A-1602StudioAED 430K · Feb 2026
A-1603AStudioAED 245K · Apr 2021
A-1603BStudioAED 272K · Nov 2014
A-1604A1-bedAED 590K · Dec 2024
A-16051-bedAED 740K · Oct 2014
A-1606StudioAED 450K · Nov 2014
1–7 of 34

D-1602A, Silicon Gates 1 in numbers

  • Sold 3 times: first on 28 November 2015 for AED 380,000, last on 28 November 2015 for AED 475,000 (AED 1,031 per sqft).
  • Rented since May 2021 on 6 Ejari contracts, from AED 23,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 6,900 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 400,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 937 per sqft.

Source: Dubai Land Department. Updated 1 October 2025.

Questions about D-1602A, Silicon Gates 1

What did unit D-1602A last sell for?

AED 475,000 on 28 November 2015, sold by the developer: AED 1,031 per sqft for 460 sqft. The unit has 3 registered sales; the first was AED 380,000 in November 2015.

What is the rent for unit D-1602A?

AED 38,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 36,000; the unit has been rented since May 2021.

How big is unit D-1602A?

460 sqft (42.7 sqm): a studio on the 16th floor of a 25-storey tower completed in 2014.

What is unit D-1602A 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 400,000 to 545,000 in the last 12 months, around AED 1,231 per sqft.

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Mortgage on D-1602A, Silicon Gates 1

Starts from the last sale price (AED 475K, 28 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus AED 22,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →