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Studio · 408 sqftSilicon Gates 1, Dubai Silicon Oasis · 22nd floor · completed 2014

A-2202, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A-2202 · DLD and Ejari recordsUpdated 10 October 2021
Last soldAED 300K19 April 2017
Current rentAED 22K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A-2202, Silicon Gates 1

What is A-2202 worth today?

Last sold for AED 300,000 in 2017

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10 Oct 2021RentedNew contract
AED 21,600/yr12 months · AED 53 per sqft
10 Oct 2019RentedNew contract
AED 28,000/yr12 months · AED 69 per sqft
10 Jul 2018RentedRenewal
AED 40,000/yr12 months · AED 98 per sqft
10 Jul 2017RentedNew contract
AED 43,000/yr12 months · AED 105 per sqft
19 Apr 2017SoldReady
AED 300,000AED 734 per sqft
10 Jul 2015RentedNew contract
AED 46,000/yr12 months · AED 112 per sqft
2 Nov 2014SoldReady
AED 362,700AED 888 per sqft
26 Aug 2009Sold by developerOff-plan
AED 362,700AED 888 per sqft

Source: Dubai Land Department. Updated 10 October 2021.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
22nd of 25
Parking
B1-249
Developer
Time Properties
Completed
2014
Service charge
AED 6,100 /yr
Last sold
AED 300K · April 2017
Building
Silicon Gates 1

About A-2202, Silicon Gates 1

A-2202 is a studio of 408 sqft on the 22nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 19 April 2017 for AED 300,000, or AED 734 per sqft, 23% below the AED 959 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 10 October 2021, is AED 21,600 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 6,100 a year.

Sales and rents for A-2202 over time

Sales
Unit A-2202, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 328,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 175,000; 2013 AED 331,920; 2014 AED 357,000; 2015 AED 351,903; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 235,000; 2021 AED 252,500; 2022 AED 252,500; 2023 AED 300,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 452,500Sold by developer, August 2009: AED 362,700 (AED 888 per sqft)Sold, November 2014: AED 362,700 (AED 888 per sqft)Sold, April 2017: AED 300,000 (AED 734 per sqft)

A-2202 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A-2202, 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 35,500; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,915; 2024 AED 33,500; 2025 AED 36,000; 2026 AED 38,000New contract, July 2015: AED 46,000 a yearNew contract, July 2017: AED 43,000 a yearRenewal, July 2018: AED 40,000 a yearNew contract, October 2019: AED 28,000 a yearNew contract, October 2021: AED 21,600 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 A-2202 sits

All 376 studios →

A-2202 last sold in April 2017 at AED 734 per sqft, 23% below what studios in Silicon Gates 1 were fetching at the time (AED 959). Over the last 12 months studios sold for AED 285,000 to 545,000, around AED 1,105 per sqft, and rent for AED 27,500 to 68,400 a year. A-2202's AED 21,600 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026480,000
15 Oct 2026422,000
1 Oct 2026500,000
22 Sep 2026405,000
32 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. 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 22nd floor

All 865 units in Silicon Gates 1
Value
A-22012-bedAED 985K · Sep 2014
A-2203AStudioAED 345K · Nov 2014
A-2203BStudioAED 220K · Mar 2015
A-2204A1-bedAED 603K · Nov 2014
A-2204BStudioAED 240K · Apr 2023
A-22051-bedAED 616K · Oct 2014
A-22061-bedAED 426K · Oct 2015
1–7 of 34

A-2202, Silicon Gates 1 in numbers

  • Sold 3 times: first on 26 August 2009 for AED 362,700, last on 19 April 2017 for AED 300,000 (AED 734 per sqft).
  • Rented since July 2015 on 5 Ejari contracts, from AED 46,000 to AED 21,600 a year.
  • At AED 21,600 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 6,100 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 285,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 10 October 2021.

Questions about A-2202, Silicon Gates 1

What did unit A-2202 last sell for?

AED 300,000 on 19 April 2017: AED 734 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 362,700 in August 2009.

What is the rent for unit A-2202?

AED 21,600 a year on the contract signed on 10 October 2021. The previous contract, from October 2019, was AED 28,000; the unit has been rented since July 2015.

How big is unit A-2202?

408 sqft (37.9 sqm): a studio on the 22nd floor of a 25-storey tower completed in 2014.

What is unit A-2202 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 285,000 to 545,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on A-2202, Silicon Gates 1

Starts from the last sale price (AED 300K, 19 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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