216, Silicon Gates 2
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Silicon Gates 2
What is 216 worth today?
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Source: Dubai Land Department. Updated 8 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 372 sqft
- Floor
- 2nd of 8
- Parking
- G-55
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 4,700 /yr
- Last sold
- AED 325K · July 2024
- Building
- Silicon Gates 2
About 216, Silicon Gates 2
216 is a studio of 372 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 8 July 2024 for AED 325,000, or AED 872 per sqft, in line with the AED 872 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 29 June 2023, is AED 24,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 4,700 a year.
Sales and rents for 216 over time
216 has sold twice; 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 216 sits
All 64 studios →216 last sold in July 2024 at AED 872 per sqft, in line with what studios in Silicon Gates 2 were fetching at the time (AED 872). 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. 216's AED 24,000 is at the bottom 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 2nd floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 699 sqft | AED 685KAED 684,561 · Jul 2013July 2013 | ||
| 202 | Studio | 401 sqft | AED 450KAED 450,000 · Feb 2010February 2010 | 31,500 /yr | |
| 203 | Studio | 367 sqft | AED 410KAED 409,500 · Nov 2015November 2015 | ||
| 204 | 1-bed | 617 sqft | AED 480KAED 480,000 · Nov 2024November 2024 | 42,000 /yr | |
| 205 | Studio | 352 sqft | AED 245KAED 245,000 · Oct 2019October 2019 | 35,000 /yr | |
| 206 | 1-bed | 615 sqft | AED 370KAED 370,000 · Oct 2023October 2023 | 42,000 /yr | |
| 207 | Studio | 387 sqft | AED 395KAED 395,000 · Dec 2024December 2024 | 31,500 /yr | |
| 208 | Studio | 383 sqft | AED 425KAED 425,309 · Nov 2015November 2015 | 27,000 /yr | |
| 209 | 1-bed | 699 sqft | AED 410KAED 410,000 · Feb 2023February 2023 | 82,000 /yr | |
| 210 | 1-bed | 699 sqft | AED 550KAED 550,000 · Oct 2025October 2025 | 51,000 /yr | |
| 211 | Studio | 383 sqft | AED 200KAED 200,000 · Oct 2020October 2020 | 21,000 /yr | |
| 212 | Studio | 387 sqft | AED 420KAED 420,000 · Dec 2025December 2025 | 34,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 475KAED 475,000 · May 2017May 2017 | 41,000 /yr | |
| 214 | Studio | 353 sqft | AED 233KAED 233,000 · Sep 2021September 2021 | 29,700 /yr | |
| 215 | 1-bed | 622 sqft | AED 525KAED 525,000 · Mar 2016March 2016 | 45,000 /yr | |
| 217 | Studio | 401 sqft | AED 450KAED 450,096 · Nov 2015November 2015 | 31,500 /yr | |
| 218 | 1-bed | 699 sqft | AED 685KAED 684,561 · Sep 2011September 2011 | 47,000 /yr |
216, Silicon Gates 2 in numbers
- Sold twice: first on 17 December 2013 for AED 409,500, last on 8 July 2024 for AED 325,000 (AED 872 per sqft).
- Rented since April 2016 on 4 Ejari contracts. The rent fell from AED 42,000 to AED 20,000 in 2020 and recovered to AED 24,000 by June 2023.
- At AED 24,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 4,700 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 8 July 2024.
Questions about 216, Silicon Gates 2
What did unit 216 last sell for?
AED 325,000 on 8 July 2024: AED 872 per sqft for 372 sqft. The unit has 2 registered sales; the first was AED 409,500 in December 2013.
What is the rent for unit 216?
AED 24,000 a year on the contract signed on 29 June 2023. The previous contract, from July 2020, was AED 20,000; the unit has been rented since April 2016.
How big is unit 216?
372 sqft (34.6 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.
What is unit 216 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 216, Silicon Gates 2
Starts from the last sale price (AED 325K, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 325,000
- Deposit, UAE resident (20%)
- AED 65,000
- Deposit, non-resident (40%)
- AED 130,000
- Monthly over 25 years at 3.7%
- AED 1,330
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →