C-2404, Silicon Gates 1
Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for C-2404, Silicon Gates 1
What is C-2404 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,538 sqft
- Floor
- 24th of 25
- Parking
- B1-122,B1-123
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 23,000 /yr
- Last sold
- AED 1.24M · September 2014
- Building
- Silicon Gates 1
About C-2404, Silicon Gates 1
C-2404 is a three-bedroom apartment of 1,538 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 18 September 2014 for AED 1,244,082, or AED 809 per sqft, 7% below the AED 870 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 September 2026, is AED 110,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 23,000 a year.
Sales and rents for C-2404 over time
C-2404 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Silicon Gates 1, and where C-2404 sits
All 28 3-beds →C-2404 last sold in September 2014 at AED 809 per sqft, 7% below what three-beds in Silicon Gates 1 were fetching at the time (AED 870). Over the last 12 months three-beds sold for AED 1,400,000 to 2,000,000, around AED 930 per sqft, and rent for AED 100,618 to 141,000 a year. C-2404's AED 110,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Mar 202630 March 2026 | 2,149 sqft | 2,000,000 | 930 | ||
| 12 Mar 202612 March 2026 | 2,142 sqft | 1,875,000 | 875 | ||
| 21 Nov 202521 November 2025 | 1,493 sqft | 1,400,000 | 937 | ||
| 29 Jul 202529 July 2025 | 1,709 sqft | 1,560,000 | 913 |
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-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-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-2404, Silicon Gates 1 in numbers
- Sold once: by Time Properties on 18 September 2014 for AED 1,244,082, or AED 809 per sqft.
- Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 110,000 by September 2026.
- At AED 110,000 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 23,000 a year (AED 14.94 per sqft).
- Three-beds in Silicon Gates 1 sold for AED 1,400,000–2,000,000 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 September 2026.
Questions about C-2404, Silicon Gates 1
What did unit C-2404 last sell for?
AED 1,244,082 on 18 September 2014, sold by the developer: AED 809 per sqft for 1,538 sqft. It is the only registered sale of the unit.
What is the rent for unit C-2404?
AED 110,000 a year on the contract signed on 1 September 2026. The previous contract, from January 2026, was AED 118,000; the unit has been rented since July 2015.
How big is unit C-2404?
1,538 sqft (142.9 sqm): a three-bedroom apartment on the 24th floor of a 25-storey tower completed in 2014.
What is unit C-2404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silicon Gates 1 sold for AED 1,400,000 to 2,000,000 in the last 12 months, around AED 930 per sqft.
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Mortgage on C-2404, Silicon Gates 1
Starts from the last sale price (AED 1.24M, 18 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,244,082
- Deposit, UAE resident (20%)
- AED 248,816
- Deposit, non-resident (40%)
- AED 497,633
- Monthly over 25 years at 3.7%
- AED 5,090
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →