2-bed · 1,173 sqftSilicon Gates 1, Dubai Silicon Oasis · 24th floor · completed 2014

A-2402, Silicon Gates 1

Sold prices and rental history: sold twice, last 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.

Unit A-2402 · DLD and Ejari recordsUpdated 13 February 2026
Last soldAED 979K8 September 2014
Current rentAED 66K /yr13 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A-2402, Silicon Gates 1

What is A-2402 worth today?

Last sold for AED 978,516 in 2014

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13 Feb 2026RentedRenewal
AED 66,150/yr12 months · AED 56 per sqft
13 Feb 2025RentedRenewal
AED 66,150/yr12 months · AED 56 per sqft
13 Feb 2025RentedRenewal
AED 66,150/yr12 months · AED 56 per sqft
13 Feb 2024RentedNew contract
AED 63,000/yr12 months · AED 54 per sqft
13 Feb 2023RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
31 Dec 2021RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
2 Dec 2020RentedRenewal
AED 55,000/yr12 months · AED 47 per sqft
2 Nov 2019RentedNew contract
AED 50,769/yr13 months · AED 43 per sqft

Source: Dubai Land Department. Updated 13 February 2026.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
24th of 25
Parking
B1-71
Developer
Time Properties
Completed
2014
Service charge
AED 17,500 /yr
Last sold
AED 979K · September 2014

About A-2402, Silicon Gates 1

A-2402 is a two-bedroom apartment of 1,173 sqft on the 24th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 8 September 2014 for AED 978,516, or AED 833 per sqft, in line with the AED 839 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 13 February 2026, is AED 66,150 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 17,500 a year.

Sales and rents for A-2402 over time

Sales
Unit A-2402, each saleTypical two-bed in Silicon Gates 1
500K750K1M2009201420192024Typical 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, December 2013: AED 978,516 (AED 833 per sqft)Sold, September 2014: AED 978,516 (AED 833 per sqft)

A-2402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A-2402, 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, May 2014: AED 85,000 a yearNew contract, May 2015: AED 90,000 a yearNew contract, April 2016: AED 90,000 a yearNew contract, October 2018: AED 65,000 a yearNew contract, November 2019: AED 50,769 a yearRenewal, December 2020: AED 55,000 a yearNew contract, December 2021: AED 55,000 a yearNew contract, February 2023: AED 60,000 a yearNew contract, February 2024: AED 63,000 a yearRenewal, February 2025: AED 66,150 a yearRenewal, February 2025: AED 66,150 a yearRenewal, February 2026: AED 66,150 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-2402 sits

All 88 2-beds →

A-2402 last sold in September 2014 at AED 833 per sqft, in line with what two-beds in Silicon Gates 1 were fetching at the time (AED 839). 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-2402's AED 66,150 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 24th floor

All 865 units in Silicon Gates 1
Value
A-2401StudioAED 299K · Sep 2014
A-24032-bedAED 944K · Aug 2014
A-24041-bedAED 580K · Nov 2014
A-24053-bedAED 1.29M · Aug 2014
C-2401StudioAED 470K · Aug 2026
C-24022-bedAED 640K · Jul 2023
C-24032-bedAED 850K · Apr 2025
1–7 of 12

A-2402, Silicon Gates 1 in numbers

  • Sold twice: first on 24 December 2013 for AED 978,516, last on 8 September 2014 for AED 978,516 (AED 833 per sqft).
  • Rented since May 2014 on 12 Ejari contracts. The rent fell from AED 85,000 to AED 50,769 in 2019 and recovered to AED 66,150 by February 2026.
  • At AED 66,150 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 17,500 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 13 February 2026.

Questions about A-2402, Silicon Gates 1

What did unit A-2402 last sell for?

AED 978,516 on 8 September 2014: AED 833 per sqft for 1,173 sqft. The unit has 2 registered sales; the first was AED 978,516 in December 2013.

What is the rent for unit A-2402?

AED 66,150 a year on the contract renewed on 13 February 2026. The previous contract, from February 2025, was AED 66,150; the unit has been rented since May 2014.

How big is unit A-2402?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2014.

What is unit A-2402 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-2402, Silicon Gates 1

Starts from the last sale price (AED 979K, 8 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 978,516
Deposit, UAE resident (20%)
AED 195,703
Deposit, non-resident (40%)
AED 391,406
Monthly over 25 years at 3.7%
AED 4,003

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