Studio · 353 sqftSilicon Gates 2, Dubai Silicon Oasis · 1st floor · completed 2014

114, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 24 September 2026
Last soldAED 244K10 November 2015
Current rentAED 40K /yr24 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Silicon Gates 2

What is 114 worth today?

Last sold for AED 243,909 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Sep 2026RentedRenewal
AED 39,531/yr12 months · AED 112 per sqft
24 Sep 2025RentedNew contract
AED 39,000/yr12 months · AED 111 per sqft
19 Sep 2024RentedNew contract
AED 39,000/yr12 months · AED 111 per sqft
1 Feb 2024RentedNew contract
AED 37,000/yr12 months · AED 104 per sqft
25 Jan 2023RentedNew contract
AED 33,000/yr12 months · AED 93 per sqft
2 Dec 2020RentedRenewal
AED 20,000/yr12 months · AED 56 per sqft
2 Dec 2019RentedRenewal
AED 27,000/yr12 months · AED 76 per sqft
1 Dec 2018RentedNew contract
AED 27,925/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 24 September 2026.

Key facts

Type
Studio apartment
Size
353 sqft
Floor
1st of 8
Parking
G-66
Developer
Time Properties
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 244K · November 2015

About 114, Silicon Gates 2

114 is a studio of 353 sqft on the 1st floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 10 November 2015 for AED 243,909, or AED 691 per sqft, 35% below the AED 1,064 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 24 September 2026, is AED 39,531 a year: a gross yield of 16.2% on the 2015 price, before the service charge of about AED 4,400 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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 243,909 (AED 691 per sqft)

114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 114, each contractTypical studio in Silicon Gates 2
20K40K2015201920232027Typical 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, December 2016: AED 39,000 a yearRenewal, December 2017: AED 39,000 a yearNew contract, December 2018: AED 27,925 a yearRenewal, December 2019: AED 27,000 a yearRenewal, December 2020: AED 20,000 a yearNew contract, January 2023: AED 33,000 a yearNew contract, February 2024: AED 37,000 a yearNew contract, September 2024: AED 39,000 a yearNew contract, September 2025: AED 39,000 a yearRenewal, September 2026: AED 39,531 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 114 sits

All 64 studios →

114 last sold in November 2015 at AED 691 per sqft, 35% below what studios in Silicon Gates 2 were fetching at the time (AED 1,064). 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. 114's AED 39,531 is in the upper 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

114, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 10 November 2015 for AED 243,909, or AED 691 per sqft.
  • Rented since December 2016 on 10 Ejari contracts. The rent fell from AED 39,000 to AED 20,000 in 2020 and recovered to AED 39,531 by September 2026.
  • At AED 39,531 a year the gross yield on the 2015 price is 16.2%, before a service charge of about AED 4,400 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 24 September 2026.

Questions about 114, Silicon Gates 2

What did unit 114 last sell for?

AED 243,909 on 10 November 2015, sold by the developer: AED 691 per sqft for 353 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 39,531 a year on the contract renewed on 24 September 2026. The previous contract, from September 2025, was AED 39,000; the unit has been rented since December 2016.

How big is unit 114?

353 sqft (32.8 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.

What is unit 114 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.

Selling 114? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 114, Silicon Gates 2

Starts from the last sale price (AED 244K, 10 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 243,909
Deposit, UAE resident (20%)
AED 48,782
Deposit, non-resident (40%)
AED 97,564
Monthly over 25 years at 3.7%
AED 998

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