1-bed · 1,170 sqftSilicon Gates 2, Dubai Silicon Oasis · 1st floor · completed 2014

115, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 12 December 2025
Last soldAED 370K15 December 2014
Current rentAED 51K /yr12 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Silicon Gates 2

What is 115 worth today?

Last sold for AED 370,000 in 2014

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12 Dec 2025RentedRenewal
AED 51,000/yr12 months · AED 44 per sqft
12 Dec 2024RentedRenewal
AED 46,000/yr12 months · AED 39 per sqft
12 Dec 2023RentedNew contract
AED 44,000/yr12 months · AED 38 per sqft
19 Nov 2022RentedNew contract
AED 34,000/yr12 months · AED 29 per sqft
20 Oct 2021RentedNew contract
AED 30,000/yr13 months · AED 26 per sqft
16 Jun 2017RentedRenewal
AED 40,000/yr12 months · AED 34 per sqft
16 Jun 2016RentedRenewal
AED 40,000/yr12 months · AED 34 per sqft
16 Jun 2015RentedNew contract
AED 40,000/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 12 December 2025.

Key facts

Type
1-bed apartment
Size
1,170 sqft
Floor
1st of 8
Parking
G-06,G-07
Developer
Time Properties
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 370K · December 2014

About 115, Silicon Gates 2

115 is a one-bedroom apartment of 1,170 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 15 December 2014 for AED 370,000, or AED 316 per sqft.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 12 December 2025, is AED 51,000 a year: a gross yield of 13.8% on the 2014 price, before the service charge of about AED 14,600 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Silicon Gates 2
400K600K2011201520192023Typical sale price by year: 2011 AED 688,228; 2015 AED 636,000; 2016 AED 601,785; 2017 AED 580,000; 2018 AED 420,000; 2019 AED 485,000; 2021 AED 338,000; 2022 AED 370,000; 2023 AED 410,000; 2024 AED 450,000; 2025 AED 560,000Sold by developer, December 2014: AED 370,000 (AED 316 per sqft)

115 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 115, each contractTypical one-bed in Silicon Gates 2
40K60K20152018202120242027Typical rent by year: 2015 AED 56,000; 2016 AED 57,000; 2017 AED 52,000; 2018 AED 43,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 32,000; 2023 AED 35,650; 2024 AED 42,350; 2025 AED 48,000; 2026 AED 47,000New contract, June 2015: AED 40,000 a yearRenewal, June 2016: AED 40,000 a yearRenewal, June 2017: AED 40,000 a yearNew contract, October 2021: AED 30,000 a yearNew contract, November 2022: AED 34,000 a yearNew contract, December 2023: AED 44,000 a yearRenewal, December 2024: AED 46,000 a yearRenewal, December 2025: AED 51,000 a year

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

1-beds in Silicon Gates 2, and where 115 sits

All 65 1-beds →

115's AED 51,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2025550,000
1 Aug 2025600,000
11 Jun 2025600,000
5 May 2025560,000
0 1-bed sales 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

115, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 15 December 2014 for AED 370,000, or AED 316 per sqft.
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 51,000 by December 2025.
  • At AED 51,000 a year the gross yield on the 2014 price is 13.8%, before a service charge of about AED 14,600 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 12 December 2025.

Questions about 115, Silicon Gates 2

What did unit 115 last sell for?

AED 370,000 on 15 December 2014, sold by the developer: AED 316 per sqft for 1,170 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 51,000 a year on the contract renewed on 12 December 2025. The previous contract, from December 2024, was AED 46,000; the unit has been rented since June 2015.

How big is unit 115?

1,170 sqft (108.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 115, Silicon Gates 2

Starts from the last sale price (AED 370K, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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