2-bed · 1,199 sqftSilicon Gates 1, Dubai Silicon Oasis · 20th floor · completed 2014

A-2001, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-2001 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 720K15 December 2023
Current rentAED 55K /yr3 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-2001, Silicon Gates 1

What is A-2001 worth today?

Last sold for AED 720,000 in 2023

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15 Dec 2023SoldReady
AED 720,000AED 600 per sqft
3 Jan 2023RentedRenewal
AED 55,000/yr12 months · AED 46 per sqft
3 Jan 2022RentedRenewal
AED 50,000/yr12 months · AED 42 per sqft
1 Jan 2021RentedNew contract
AED 49,733/yr12 months · AED 42 per sqft
3 Nov 2019RentedRenewal
AED 60,000/yr12 months · AED 50 per sqft
3 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
14 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 79 per sqft
14 Aug 2016RentedRenewal
AED 95,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
20th of 25
Parking
B1-287
Developer
Time Properties
Completed
2014
Service charge
AED 17,900 /yr
Last sold
AED 720K · December 2023

About A-2001, Silicon Gates 1

A-2001 is a two-bedroom apartment of 1,199 sqft on the 20th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 15 December 2023 for AED 720,000, or AED 600 per sqft, in line with the AED 587 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 3 January 2023, is AED 55,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 17,900 a year.

Sales and rents for A-2001 over time

Sales
Unit A-2001, each saleTypical two-bed in Silicon Gates 1
500K1M2009201420192024Typical sale price by year: 2009 AED 1,014,000; 2013 AED 978,516; 2014 AED 992,752; 2015 AED 988,000; 2016 AED 874,000; 2020 AED 555,000; 2021 AED 709,000; 2022 AED 720,000; 2023 AED 720,000; 2024 AED 955,000; 2025 AED 950,000Sold by developer, July 2009: AED 453,500 (AED 378 per sqft)Sold, November 2014: AED 453,500 (AED 378 per sqft)Sold, December 2023: AED 720,000 (AED 600 per sqft)

A-2001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit A-2001, each contractTypical two-bed in Silicon Gates 1
50K75K100K2014201820222026Typical rent by year: 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 60,500; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 76,000New contract, August 2015: AED 95,000 a yearRenewal, August 2016: AED 95,000 a yearNew contract, August 2017: AED 95,000 a yearNew contract, November 2018: AED 65,000 a yearRenewal, November 2019: AED 60,000 a yearNew contract, January 2021: AED 49,733 a yearRenewal, January 2022: AED 50,000 a yearRenewal, January 2023: AED 55,000 a year

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

2-beds in Silicon Gates 1, and where A-2001 sits

All 88 2-beds →

A-2001 last sold in December 2023 at AED 600 per sqft, in line with what two-beds in Silicon Gates 1 were fetching at the time (AED 587). Over the last 12 months two-beds sold for AED 1,040,000 to 1,280,000, around AED 866 per sqft, and rent for AED 50,000 to 105,000 a year. A-2001's AED 55,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,280,000
9 Sep 20261,050,000
22 Dec 20251,040,000
5 Dec 20251,250,000
4 2-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. 69 sold in the last 12 months.

Typical price per sqft
AED 877 Up 9.2%
Typical sale
AED 541K
Typical rent
AED 46K /yr
Typical yield
8.9%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 20th floor

All 865 units in Silicon Gates 1
Value
A-2002StudioAED 300K · Feb 2025
A-2003AStudioAED 489K · Oct 2014
A-2003BStudioAED 390K · Jul 2026
A-2004A1-bedAED 628K · Oct 2014
A-2004BStudioAED 275K · Nov 2019
A-20051-bedAED 570K · Mar 2025
A-20063-bedAED 1.1M · Jul 2024
1–7 of 32

A-2001, Silicon Gates 1 in numbers

  • Sold 3 times: first on 16 July 2009 for AED 453,500, last on 15 December 2023 for AED 720,000 (AED 600 per sqft).
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 49,733 in 2021 and recovered to AED 55,000 by January 2023.
  • At AED 55,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 17,900 a year (AED 14.94 per sqft).
  • Two-beds in Silicon Gates 1 sold for AED 1,040,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 15 December 2023.

Questions about A-2001, Silicon Gates 1

What did unit A-2001 last sell for?

AED 720,000 on 15 December 2023: AED 600 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 453,500 in July 2009.

What is the rent for unit A-2001?

AED 55,000 a year on the contract renewed on 3 January 2023. The previous contract, from January 2022, was AED 50,000; the unit has been rented since August 2015.

How big is unit A-2001?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 20th floor of a 25-storey tower completed in 2014.

What is unit A-2001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Gates 1 sold for AED 1,040,000 to 1,280,000 in the last 12 months, around AED 866 per sqft.

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Mortgage on A-2001, Silicon Gates 1

Starts from the last sale price (AED 720K, 15 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →