A-2401, Silicon Gates 1
Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A-2401, Silicon Gates 1
What is A-2401 worth today?
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Source: Dubai Land Department. Updated 1 January 2020.
Key facts
- Type
- Studio apartment
- Size
- 375 sqft
- Floor
- 24th of 25
- Parking
- B1-159
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 5,600 /yr
- Last sold
- AED 299K · September 2014
- Building
- Silicon Gates 1
About A-2401, Silicon Gates 1
A-2401 is a studio of 375 sqft on the 24th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 22 September 2014 for AED 298,707, or AED 797 per sqft, 8% below the AED 867 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 January 2020, is AED 23,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 5,600 a year.
Sales and rents for A-2401 over time
A-2401 has sold once; the dashed line is the studio median of each year in the building.
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-2401 sits
All 376 studios →A-2401 last sold in September 2014 at AED 797 per sqft, 8% below what studios in Silicon Gates 1 were fetching at the time (AED 867). 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-2401's AED 23,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 505 sqft | 480,000 | 951 | ||
| 15 Oct 202615 October 2026 | 390 sqft | 422,000 | 1,083 | ||
| 1 Oct 20261 October 2026 | 488 sqft | 500,000 | 1,024 | ||
| 22 Sep 202622 September 2026 | 505 sqft | 405,000 | 802 |
Silicon Gates 1
Building865 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%
Other units on the 24th floor
All 865 units in Silicon Gates 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| A-2402 | 2-bed | 1,173 sqft | AED 979KAED 978,516 · Sep 2014September 2014 | 66,150 /yr | |
| A-2403 | 2-bed | 1,133 sqft | AED 944KAED 943,670 · Aug 2014August 2014 | 69,460 /yr | |
| A-2404 | 1-bed | 708 sqft | AED 580KAED 579,802 · Nov 2014November 2014 | 52,000 /yr | |
| A-2405 | 3-bed | 1,665 sqft | AED 1.29MAED 1,288,187 · Aug 2014August 2014 | 125,000 /yr | |
| C-2401 | Studio | 389 sqft | AED 470KAED 470,000 · Aug 2026August 2026 | 40,000 /yr | |
| C-2402 | 2-bed | 1,174 sqft | AED 640KAED 640,000 · Jul 2023July 2023 | 40,000 /yr | |
| C-2403 | 2-bed | 1,085 sqft | AED 850KAED 850,000 · Apr 2025April 2025 | 90,000 /yr | |
| C-2404 | 3-bed | 1,538 sqft | AED 1.24MAED 1,244,082 · Sep 2014September 2014 | 110,000 /yr | |
| C-2405 | 3-bed | 1,867 sqft | AED 1.47MAED 1,466,000 · Nov 2014November 2014 | 107,000 /yr | |
| C-2406 | 1-bed | 780 sqft | AED 675KAED 674,557 · Dec 2014December 2014 | 45,000 /yr | |
| PH-01 | Penthouse | 9,137 sqft | No registered sale | ||
| PH-02 | Penthouse | 9,063 sqft | No registered sale |
A-2401, Silicon Gates 1 in numbers
- Sold once: by Time Properties on 22 September 2014 for AED 298,707, or AED 797 per sqft.
- Rented since December 2014 on 5 Ejari contracts, from AED 42,000 to AED 23,000 a year.
- At AED 23,000 a year the gross yield on the 2014 price is 7.7%, before a service charge of about AED 5,600 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 1 January 2020.
Questions about A-2401, Silicon Gates 1
What did unit A-2401 last sell for?
AED 298,707 on 22 September 2014, sold by the developer: AED 797 per sqft for 375 sqft. It is the only registered sale of the unit.
What is the rent for unit A-2401?
AED 23,000 a year on the contract signed on 1 January 2020. The previous contract, from December 2018, was AED 36,000; the unit has been rented since December 2014.
How big is unit A-2401?
375 sqft (34.8 sqm): a studio on the 24th floor of a 25-storey tower completed in 2014.
What is unit A-2401 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-2401, Silicon Gates 1
Starts from the last sale price (AED 299K, 22 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 298,707
- Deposit, UAE resident (20%)
- AED 59,741
- Deposit, non-resident (40%)
- AED 119,483
- Monthly over 25 years at 3.7%
- AED 1,222
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →