117, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 117, Silicon Gates 2
What is 117 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 401 sqft
- Floor
- 1st of 8
- Parking
- G-64
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 5,000 /yr
- Last sold
- AED 260K · November 2015
- Building
- Silicon Gates 2
About 117, Silicon Gates 2
117 is a studio of 401 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 260,000, or AED 648 per sqft, 39% below the AED 1,064 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 30,276 a year: a gross yield of 11.6% on the 2015 price, before the service charge of about AED 5,000 a year.
Sales and rents for 117 over time
117 has sold once; the dashed line is the studio median of each year in the building.
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 117 sits
All 64 studios →117 last sold in November 2015 at AED 648 per sqft, 39% 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. 117's AED 30,276 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 387 sqft | 420,000 | 1,084 | ||
| 17 Oct 202517 October 2025 | 401 sqft | 430,000 | 1,073 | ||
| 25 Jul 202525 July 2025 | 367 sqft | 380,000 | 1,036 | ||
| 9 Jul 20259 July 2025 | 352 sqft | 350,000 | 994 |
Silicon Gates 2
Building131 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%
Other units on the 1st floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 699 sqft | AED 529KAED 528,774 · Nov 2015November 2015 | 60,000 /yr | |
| 102 | Studio | 401 sqft | AED 390KAED 390,000 · Jul 2015July 2015 | 35,000 /yr | |
| 103 | Studio | 367 sqft | AED 280KAED 280,000 · Sep 2022September 2022 | 32,000 /yr | |
| 104 | 1-bed | 309 sqft | AED 417KAED 416,698 · Nov 2015November 2015 | 35,000 /yr | |
| 105 | Studio | 352 sqft | AED 350KAED 350,000 · Jul 2025July 2025 | 35,000 /yr | |
| 106 | 1-bed | 615 sqft | AED 520KAED 520,000 · Jan 2025January 2025 | 56,000 /yr | |
| 107 | Studio | 387 sqft | AED 258KAED 258,000 · Dec 2021December 2021 | 27,000 /yr | |
| 108 | Studio | 383 sqft | AED 430KAED 430,000 · Sep 2024September 2024 | 30,000 /yr | |
| 109 | 1-bed | 699 sqft | AED 618KAED 618,000 · Sep 2023September 2023 | 62,000 /yr | |
| 110 | 1-bed | 699 sqft | AED 524KAED 524,400 · Jun 2023June 2023 | 35,650 /yr | |
| 111 | Studio | 383 sqft | AED 330KAED 330,000 · Dec 2022December 2022 | 20,000 /yr | |
| 112 | Studio | 387 sqft | AED 291KAED 291,372 · Nov 2015November 2015 | 40,000 /yr | |
| 113 | 1-bed | 1,111 sqft | AED 310KAED 310,000 · Dec 2014December 2014 | 20,000 /yr | |
| 114 | Studio | 353 sqft | AED 244KAED 243,909 · Nov 2015November 2015 | 39,531 /yr | |
| 115 | 1-bed | 1,170 sqft | AED 370KAED 370,000 · Dec 2014December 2014 | 51,000 /yr | |
| 116 | Studio | 372 sqft | AED 330KAED 330,000 · May 2021May 2021 | 39,000 /yr | |
| 118 | 1-bed | 699 sqft | AED 600KAED 600,000 · Jun 2025June 2025 | 55,000 /yr |
117, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 10 November 2015 for AED 260,000, or AED 648 per sqft.
- Rented since June 2018 on 9 Ejari contracts. The rent fell from AED 37,000 to AED 20,000 in 2020 and recovered to AED 30,276 by November 2025.
- At AED 30,276 a year the gross yield on the 2015 price is 11.6%, before a service charge of about AED 5,000 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 5 November 2025.
Questions about 117, Silicon Gates 2
What did unit 117 last sell for?
AED 260,000 on 10 November 2015, sold by the developer: AED 648 per sqft for 401 sqft. It is the only registered sale of the unit.
What is the rent for unit 117?
AED 30,276 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 30,442; the unit has been rented since June 2018.
How big is unit 117?
401 sqft (37.3 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.
What is unit 117 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 117, Silicon Gates 2
Starts from the last sale price (AED 260K, 10 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 260,000
- Deposit, UAE resident (20%)
- AED 52,000
- Deposit, non-resident (40%)
- AED 104,000
- Monthly over 25 years at 3.7%
- AED 1,064
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →