1-bed · 617 sqftSilicon Gates 2, Dubai Silicon Oasis · 2nd floor · completed 2014

204, Silicon Gates 2

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 480K7 November 2024
Current rentAED 42K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Silicon Gates 2

What is 204 worth today?

Last sold for AED 480,000 in 2024

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1 Jul 2026RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
15 Nov 2025RentedNew contract
AED 74,760/yr12 months · AED 122 per sqft
1 Dec 2024RentedNew contract
AED 59,839/yr12 months · AED 98 per sqft
7 Nov 2024SoldReady
AED 480,000AED 777 per sqft
22 Dec 2022Sold by developerReady
AED 307,500AED 498 per sqft
1 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft
28 Dec 2018RentedNew contract
AED 33,000/yr12 months · AED 54 per sqft
20 May 2017RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
617 sqft
Floor
2nd of 8
Parking
G-20
Developer
Time Properties
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 480K · November 2024

About 204, Silicon Gates 2

204 is a one-bedroom apartment of 617 sqft on the 2nd floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 7 November 2024 for AED 480,000, or AED 777 per sqft, 20% above the AED 647 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 42,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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 2022: AED 307,500 (AED 498 per sqft)Sold, November 2024: AED 480,000 (AED 777 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Silicon Gates 2
25K50K75K2015201920232027Typical 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, December 2015: AED 52,000 a yearNew contract, May 2017: AED 45,000 a yearNew contract, December 2018: AED 33,000 a yearNew contract, August 2020: AED 28,000 a yearNew contract, December 2024: AED 59,839 a yearNew contract, November 2025: AED 74,760 a yearNew contract, July 2026: AED 42,000 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 204 sits

All 65 1-beds →

204 last sold in November 2024 at AED 777 per sqft, 20% above what one-beds in Silicon Gates 2 were fetching at the time (AED 647). 204's AED 42,000 is in the lower 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 2nd floor

All 131 units in Silicon Gates 2
Value
2011-bedAED 685K · Jul 2013
202StudioAED 450K · Feb 2010
203StudioAED 410K · Nov 2015
205StudioAED 245K · Oct 2019
2061-bedAED 370K · Oct 2023
207StudioAED 395K · Dec 2024
208StudioAED 425K · Nov 2015
1–7 of 17

204, Silicon Gates 2 in numbers

  • Sold twice: first on 22 December 2022 for AED 307,500, last on 7 November 2024 for AED 480,000 (AED 777 per sqft).
  • Rented since December 2015 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 28,000 in 2020 and recovered to AED 42,000 by July 2026.
  • At AED 42,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 7,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 204, Silicon Gates 2

What did unit 204 last sell for?

AED 480,000 on 7 November 2024: AED 777 per sqft for 617 sqft. The unit has 2 registered sales; the first was AED 307,500 in December 2022.

What is the rent for unit 204?

AED 42,000 a year on the contract signed on 1 July 2026. The previous contract, from November 2025, was AED 74,760; the unit has been rented since December 2015.

How big is unit 204?

617 sqft (57.3 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 204 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 204, Silicon Gates 2

Starts from the last sale price (AED 480K, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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