1-bed · 622 sqftSilicon Gates 2, Dubai Silicon Oasis · 2nd floor · completed 2014

215, Silicon Gates 2

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 525K17 March 2016
Current rentAED 45K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Silicon Gates 2

What is 215 worth today?

Last sold for AED 525,000 in 2016

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1 Sep 2025RentedRenewal
AED 45,000/yr24 months · AED 72 per sqft
1 Sep 2024RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
1 Dec 2022RentedRenewal
AED 34,000/yr12 months · AED 55 per sqft
1 Dec 2021RentedNew contract
AED 22,500/yr12 months · AED 36 per sqft
1 Dec 2019RentedRenewal
AED 22,500/yr12 months · AED 36 per sqft
1 Dec 2018RentedRenewal
AED 22,500/yr12 months · AED 36 per sqft
1 Dec 2017RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
17 Mar 2016SoldReady
AED 525,000AED 844 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
2nd of 8
Parking
B-50
Developer
Time Properties
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 525K · March 2016

About 215, Silicon Gates 2

215 is a one-bedroom apartment of 622 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 17 March 2016 for AED 525,000, or AED 844 per sqft, 16% below the AED 1,005 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 45,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 7,800 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, October 2015: AED 632,694 (AED 1,017 per sqft)Sold, March 2016: AED 525,000 (AED 844 per sqft)

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

Rents
Unit 215, each contractTypical one-bed in Silicon Gates 2
20K40K60K20152018202120242027Typical 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 2017: AED 45,000 a yearRenewal, December 2018: AED 22,500 a yearRenewal, December 2019: AED 22,500 a yearNew contract, December 2021: AED 22,500 a yearRenewal, December 2022: AED 34,000 a yearNew contract, September 2024: AED 45,000 a yearRenewal, September 2025: AED 45,000 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 215 sits

All 65 1-beds →

215 last sold in March 2016 at AED 844 per sqft, 16% below what one-beds in Silicon Gates 2 were fetching at the time (AED 1,005). 215's AED 45,000 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
2041-bedAED 480K · Nov 2024
205StudioAED 245K · Oct 2019
2061-bedAED 370K · Oct 2023
207StudioAED 395K · Dec 2024
1–7 of 17

215, Silicon Gates 2 in numbers

  • Sold twice: first on 26 October 2015 for AED 632,694, last on 17 March 2016 for AED 525,000 (AED 844 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 22,500 in 2021 and recovered to AED 45,000 by September 2025.
  • At AED 45,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 7,800 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 215, Silicon Gates 2

What did unit 215 last sell for?

AED 525,000 on 17 March 2016: AED 844 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 632,694 in October 2015.

What is the rent for unit 215?

AED 45,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 45,000; the unit has been rented since December 2017.

How big is unit 215?

622 sqft (57.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 215 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 215, Silicon Gates 2

Starts from the last sale price (AED 525K, 17 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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