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

214, Silicon Gates 2

Sold prices and rental history: sold 4 times, last in September 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 233K5 September 2021
Current rentAED 30K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Silicon Gates 2

What is 214 worth today?

Last sold for AED 233,000 in 2021

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10 Aug 2024RentedRenewal
AED 29,700/yr12 months · AED 84 per sqft
10 Aug 2023RentedRenewal
AED 29,700/yr12 months · AED 84 per sqft
10 Aug 2022RentedNew contract
AED 25,000/yr12 months · AED 70 per sqft
5 Sep 2021SoldReady
AED 233,000AED 660 per sqft
27 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft
27 Jul 2019RentedNew contract
AED 27,000/yr12 months · AED 76 per sqft
27 Jul 2017SoldReady
AED 440,000AED 1,247 per sqft
6 Mar 2016SoldReady
AED 390,000AED 1,105 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
Studio apartment
Size
353 sqft
Floor
2nd of 8
Parking
G-56
Developer
Time Properties
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 233K · September 2021

About 214, Silicon Gates 2

214 is a studio of 353 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 5 September 2021 for AED 233,000, or AED 660 per sqft, 9% above the AED 605 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 29,700 a year: a gross yield of 12.8% on the 2021 price, before the service charge of about AED 4,400 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, October 2015: AED 451,500 (AED 1,280 per sqft)Sold, March 2016: AED 390,000 (AED 1,105 per sqft)Sold, July 2017: AED 440,000 (AED 1,247 per sqft)Sold, September 2021: AED 233,000 (AED 660 per sqft)

214 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 214, each contractTypical studio in Silicon Gates 2
20K40K20152018202120242027Typical 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, July 2019: AED 27,000 a yearNew contract, July 2020: AED 20,000 a yearNew contract, August 2022: AED 25,000 a yearRenewal, August 2023: AED 29,700 a yearRenewal, August 2024: AED 29,700 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 214 sits

All 64 studios →

214 last sold in September 2021 at AED 660 per sqft, 9% above what studios in Silicon Gates 2 were fetching at the time (AED 605). 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. 214's AED 29,700 is in the lower 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 2nd floor

All 131 units in Silicon Gates 2
Value
2011-bedAED 685K · Jul 2013
202StudioAED 450K · Feb 2010
203StudioAED 410K · Nov 2015
2041-bedAED 480K · Nov 2024
205StudioAED 245K · Oct 2019
2061-bedAED 370K · Oct 2023
207StudioAED 395K · Dec 2024
1–7 of 17

214, Silicon Gates 2 in numbers

  • Sold 4 times: first on 26 October 2015 for AED 451,500, last on 5 September 2021 for AED 233,000 (AED 660 per sqft).
  • Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 27,000 to AED 20,000 in 2020 and recovered to AED 29,700 by August 2024.
  • At AED 29,700 a year the gross yield on the 2021 price is 12.8%, 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 10 August 2024.

Questions about 214, Silicon Gates 2

What did unit 214 last sell for?

AED 233,000 on 5 September 2021: AED 660 per sqft for 353 sqft. The unit has 4 registered sales; the first was AED 451,500 in October 2015.

What is the rent for unit 214?

AED 29,700 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 29,700; the unit has been rented since July 2019.

How big is unit 214?

353 sqft (32.8 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 214 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 214, Silicon Gates 2

Starts from the last sale price (AED 233K, 5 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 233,000
Deposit, UAE resident (20%)
AED 46,600
Deposit, non-resident (40%)
AED 93,200
Monthly over 25 years at 3.7%
AED 953

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