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Studio · 401 sqftSilicon Gates 2, Dubai Silicon Oasis · 2nd floor · completed 2014

217, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in November 2015, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 31 July 2026
Last soldAED 450K16 November 2015
Current rentAED 32K /yr31 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 217, Silicon Gates 2

What is 217 worth today?

Last sold for AED 450,096 in 2015

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31 Jul 2026RentedRenewal
AED 31,500/yr12 months · AED 79 per sqft
31 Jul 2025RentedRenewal
AED 29,700/yr12 months · AED 75 per sqft
1 Aug 2017RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
16 Nov 2015Sold by developerOff-plan
AED 450,096AED 1,123 per sqft

Source: Dubai Land Department. Updated 31 July 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
2nd of 8
Parking
G-54
Developer
Time Properties
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 450K · November 2015
Building
Silicon Gates 2

About 217, Silicon Gates 2

217 is a studio of 401 sqft on the 2nd floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 16 November 2015 for AED 450,096, or AED 1,123 per sqft, in line with the AED 1,111 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 31 July 2026, is AED 31,500 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 5,000 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, November 2015: AED 450,096 (AED 1,123 per sqft)

217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in Silicon Gates 2
20K40K2015201920232027Typical 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, August 2017: AED 35,000 a yearRenewal, July 2025: AED 29,700 a yearRenewal, July 2026: AED 31,500 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 217 sits

All 64 studios →

217 last sold in November 2015 at AED 1,123 per sqft, in line with what studios in Silicon Gates 2 were fetching at the time (AED 1,111). 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. 217's AED 31,500 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

217, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 16 November 2015 for AED 450,096, or AED 1,123 per sqft.
  • Rented since August 2017 on 3 Ejari contracts, from AED 35,000 to AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 5,000 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 31 July 2026.

Questions about 217, Silicon Gates 2

What did unit 217 last sell for?

AED 450,096 on 16 November 2015, sold by the developer: AED 1,123 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 31,500 a year on the contract renewed on 31 July 2026. The previous contract, from July 2025, was AED 29,700; the unit has been rented since August 2017.

How big is unit 217?

401 sqft (37.3 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 217 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 217, Silicon Gates 2

Starts from the last sale price (AED 450K, 16 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 450,096
Deposit, UAE resident (20%)
AED 90,019
Deposit, non-resident (40%)
AED 180,038
Monthly over 25 years at 3.7%
AED 1,841

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