118, Silicon Gates 2
Sold prices and rental history: sold twice, last in June 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Silicon Gates 2
What is 118 worth today?
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Source: Dubai Land Department. Updated 5 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 699 sqft
- Floor
- 1st of 8
- Parking
- G-12
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 600K · June 2025
- Building
- Silicon Gates 2
About 118, Silicon Gates 2
118 is a one-bedroom apartment of 699 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 11 June 2025 for AED 600,000, or AED 858 per sqft, 13% above the AED 757 one-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 5 February 2026, is AED 55,000 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 8,700 a year.
Sales and rents for 118 over time
118 has sold twice; the dashed line is the one-bed median of each year in the building.
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 118 sits
All 65 1-beds →118 last sold in June 2025 at AED 858 per sqft, 13% above what one-beds in Silicon Gates 2 were fetching at the time (AED 757). 118's AED 55,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20252 October 2025 | 699 sqft | 550,000 | 786 | ||
| 1 Aug 20251 August 2025 | 615 sqft | 600,000 | 975 | ||
| 5 May 20255 May 2025 | 789 sqft | 560,000 | 710 | ||
| 31 Jan 202531 January 2025 | 615 sqft | 520,000 | 845 |
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 | |
| 117 | Studio | 401 sqft | AED 260KAED 260,000 · Nov 2015November 2015 | 30,276 /yr |
118, Silicon Gates 2 in numbers
- Sold twice: first on 26 October 2015 for AED 180,137, last on 11 June 2025 for AED 600,000 (AED 858 per sqft).
- Rented since February 2025 on 3 Ejari contracts, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2025 price is 9.2%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 5 February 2026.
Questions about 118, Silicon Gates 2
What did unit 118 last sell for?
AED 600,000 on 11 June 2025: AED 858 per sqft for 699 sqft. The unit has 2 registered sales; the first was AED 180,137 in October 2015.
What is the rent for unit 118?
AED 55,000 a year on the contract signed on 5 February 2026. The previous contract, from February 2025, was AED 55,000; the unit has been rented since February 2025.
How big is unit 118?
699 sqft (64.9 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.
What is unit 118 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 118, Silicon Gates 2
Starts from the last sale price (AED 600K, 11 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →