Studio · 383 sqftSilicon Gates 2, Dubai Silicon Oasis · 1st floor · completed 2014

108, Silicon Gates 2

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 430K13 September 2024
Current rentAED 30K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Silicon Gates 2

What is 108 worth today?

Last sold for AED 430,000 in 2024

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13 Sep 2024SoldReady
AED 430,000AED 1,124 per sqft
15 Jul 2024SoldReady
AED 345,000AED 901 per sqft
10 Apr 2024RentedRenewal
AED 30,000/yr12 months · AED 77 per sqft
10 Apr 2023RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft
6 Dec 2020SoldReady
AED 235,000AED 614 per sqft
10 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
17 Jun 2020SoldReady
AED 190,000AED 496 per sqft
1 Dec 2018RentedNew contract
AED 30,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
Studio apartment
Size
383 sqft
Floor
1st of 8
Parking
G-69
Developer
Time Properties
Completed
2014
Service charge
AED 4,800 /yr
Last sold
AED 430K · September 2024

About 108, Silicon Gates 2

108 is a studio of 383 sqft on the 1st floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 13 September 2024 for AED 430,000, or AED 1,124 per sqft, 28% above the AED 875 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 30,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 4,800 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical studio in Silicon Gates 2
200K400K20102014201820222026Typical sale price by year: 2010 AED 330,567; 2011 AED 449,400; 2013 AED 428,436; 2014 AED 373,000; 2015 AED 409,500; 2016 AED 400,000; 2017 AED 375,000; 2018 AED 320,000; 2020 AED 215,000; 2021 AED 245,500; 2022 AED 245,101; 2023 AED 329,122; 2024 AED 335,000; 2025 AED 400,000Sold by developer, November 2015: AED 245,000 (AED 640 per sqft)Sold, June 2020: AED 190,000 (AED 496 per sqft)Sold, December 2020: AED 235,000 (AED 614 per sqft)Sold, July 2024: AED 345,000 (AED 901 per sqft)Sold, September 2024: AED 430,000 (AED 1,124 per sqft)

108 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 108, each contractTypical studio in Silicon Gates 2
20K40K20152018202120242027Typical rent by year: 2015 AED 41,500; 2016 AED 40,000; 2017 AED 38,000; 2018 AED 31,404; 2019 AED 28,000; 2020 AED 22,000; 2021 AED 19,000; 2022 AED 24,000; 2023 AED 28,000; 2024 AED 30,442; 2025 AED 35,350; 2026 AED 34,000New contract, September 2017: AED 35,000 a yearNew contract, December 2018: AED 30,000 a yearNew contract, July 2020: AED 20,000 a yearNew contract, April 2023: AED 30,000 a yearRenewal, April 2024: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 2, and where 108 sits

All 64 studios →

108 last sold in September 2024 at AED 1,124 per sqft, 28% above what studios in Silicon Gates 2 were fetching at the time (AED 875). Over the last 12 months studios sold for AED 420,000, around AED 1,084 per sqft, and rent for AED 26,000 to 48,000 a year. 108's AED 30,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Dec 2025420,000
17 Oct 2025430,000
25 Jul 2025380,000
9 Jul 2025350,000
1 studio sale in the last 12 months

Silicon Gates 2

Building

131 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 1 sold in the last 12 months.

Typical price per sqft
AED 1,084
Typical sale
AED 420K
Typical rent
AED 42K /yr
Typical yield
7.3%
Silicon Gates 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 131 units in Silicon Gates 2
Value
1011-bedAED 529K · Nov 2015
102StudioAED 390K · Jul 2015
103StudioAED 280K · Sep 2022
1041-bedAED 417K · Nov 2015
105StudioAED 350K · Jul 2025
1061-bedAED 520K · Jan 2025
107StudioAED 258K · Dec 2021
1–7 of 17

108, Silicon Gates 2 in numbers

  • Sold 5 times: first on 10 November 2015 for AED 245,000, last on 13 September 2024 for AED 430,000 (AED 1,124 per sqft).
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 20,000 in 2020 and recovered to AED 30,000 by April 2024.
  • At AED 30,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 4,800 a year (AED 12.49 per sqft).
  • Studios in Silicon Gates 2 sold for AED 420,000–420,000 in the 12 months to November 2026; the building's median across all types is AED 1,084 per sqft.

Source: Dubai Land Department. Updated 13 September 2024.

Questions about 108, Silicon Gates 2

What did unit 108 last sell for?

AED 430,000 on 13 September 2024: AED 1,124 per sqft for 383 sqft. The unit has 5 registered sales; the first was AED 245,000 in November 2015.

What is the rent for unit 108?

AED 30,000 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 30,000; the unit has been rented since September 2017.

How big is unit 108?

383 sqft (35.6 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 2 sold for AED 420,000 to 420,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 108, Silicon Gates 2

Starts from the last sale price (AED 430K, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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