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2-bed · 1,160 sqftSilicon Gates 1, Dubai Silicon Oasis · 25th floor · completed 2014

C-2502, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in August 2014, and rented once, from September 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C-2502 · DLD and Ejari recordsUpdated 1 September 2016
Last soldAED 931K25 August 2014
Current rentAED 95K /yr1 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C-2502, Silicon Gates 1

What is C-2502 worth today?

Last sold for AED 930,682 in 2014

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1 Sep 2016RentedNew contract
AED 95,000/yr12 months · AED 82 per sqft
25 Aug 2014Sold by developerReady
AED 930,682AED 802 per sqft

Source: Dubai Land Department. Updated 1 September 2016.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Floor
25th of 25
Parking
B1-20
Developer
Time Properties
Completed
2014
Service charge
AED 17,300 /yr
Last sold
AED 931K · August 2014
Building
Silicon Gates 1

About C-2502, Silicon Gates 1

C-2502 is a two-bedroom apartment of 1,160 sqft on the 25th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 25 August 2014 for AED 930,682, or AED 802 per sqft, 5% below the AED 843 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2016. The current contract, signed on 1 September 2016, is AED 95,000 a year: a gross yield of 10.2% on the 2014 price, before the service charge of about AED 17,300 a year.

Sales and rents for C-2502 over time

Sales
Unit C-2502, 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, August 2014: AED 930,682 (AED 802 per sqft)

C-2502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit C-2502, 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, September 2016: AED 95,000 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 C-2502 sits

All 88 2-beds →

C-2502 last sold in August 2014 at AED 802 per sqft, 5% below what two-beds in Silicon Gates 1 were fetching at the time (AED 843). 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-2502's AED 95,000 is in the upper 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 25th floor

All 865 units in Silicon Gates 1
Value
A-2501StudioAED 295K · Sep 2023
A-25022-bedAED 979K · Aug 2014
A-25032-bedAED 660K · Nov 2023
A-25041-bedAED 590K · Mar 2018
A-25053-bedAED 1.34M · Jun 2015
C-2501StudioAED 309K · Nov 2014
C-25032-bedAED 891K · Sep 2014
1–7 of 10

C-2502, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 25 August 2014 for AED 930,682, or AED 802 per sqft.
  • Rented since September 2016 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 10.2%, before a service charge of about AED 17,300 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 1 September 2016.

Questions about C-2502, Silicon Gates 1

What did unit C-2502 last sell for?

AED 930,682 on 25 August 2014, sold by the developer: AED 802 per sqft for 1,160 sqft. It is the only registered sale of the unit.

What is the rent for unit C-2502?

AED 95,000 a year on the contract signed on 1 September 2016.

How big is unit C-2502?

1,160 sqft (107.8 sqm): a two-bedroom apartment on the 25th floor of a 25-storey tower completed in 2014.

What is unit C-2502 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-2502, Silicon Gates 1

Starts from the last sale price (AED 931K, 25 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 930,682
Deposit, UAE resident (20%)
AED 186,136
Deposit, non-resident (40%)
AED 372,273
Monthly over 25 years at 3.7%
AED 3,808

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