C-2402, Silicon Gates 1
Sold prices and rental history: sold twice, last in July 2023, 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 C-2402, Silicon Gates 1
What is C-2402 worth today?
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Source: Dubai Land Department. Updated 31 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,174 sqft
- Floor
- 24th of 25
- Parking
- B1-22
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 17,500 /yr
- Last sold
- AED 640K · July 2023
- Building
- Silicon Gates 1
About C-2402, Silicon Gates 1
C-2402 is a two-bedroom apartment of 1,174 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 31 July 2023 for AED 640,000, or AED 545 per sqft, in line with the AED 537 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 20 July 2022, is AED 40,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 17,500 a year.
Sales and rents for C-2402 over time
C-2402 has sold twice; the dashed line is the two-bed median of each year in the building.
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 C-2402 sits
All 88 2-beds →C-2402 last sold in July 2023 at AED 545 per sqft, in line with what two-beds in Silicon Gates 1 were fetching at the time (AED 537). 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. C-2402's AED 40,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,452 sqft | 1,280,000 | 881 | ||
| 9 Sep 20269 September 2026 | 1,249 sqft | 1,050,000 | 840 | ||
| 22 Dec 202522 December 2025 | 1,222 sqft | 1,040,000 | 851 | ||
| 5 Dec 20255 December 2025 | 1,309 sqft | 1,250,000 | 954 |
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-2401 | Studio | 375 sqft | AED 299KAED 298,707 · Sep 2014September 2014 | 23,000 /yr | |
| 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-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 |
C-2402, Silicon Gates 1 in numbers
- Sold twice: first on 8 September 2014 for AED 981,578, last on 31 July 2023 for AED 640,000 (AED 545 per sqft).
- Rented since August 2014 on 8 Ejari contracts, from AED 89,759 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 6.3%, 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 31 July 2023.
Questions about C-2402, Silicon Gates 1
What did unit C-2402 last sell for?
AED 640,000 on 31 July 2023: AED 545 per sqft for 1,174 sqft. The unit has 2 registered sales; the first was AED 981,578 in September 2014.
What is the rent for unit C-2402?
AED 40,000 a year on the contract signed on 20 July 2022. The previous contract, from July 2021, was AED 40,000; the unit has been rented since August 2014.
How big is unit C-2402?
1,174 sqft (109.1 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2014.
What is unit C-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 C-2402, Silicon Gates 1
Starts from the last sale price (AED 640K, 31 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →