218, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Silicon Gates 2
What is 218 worth today?
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Source: Dubai Land Department. Updated 28 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 699 sqft
- Floor
- 2nd of 8
- Parking
- B-51
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 685K · September 2011
- Building
- Silicon Gates 2
About 218, Silicon Gates 2
218 is a one-bedroom apartment of 699 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 13 September 2011 for AED 684,561, or AED 979 per sqft, in line with the AED 984 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 28 December 2024, is AED 47,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 8,700 a year.
Sales and rents for 218 over time
218 has sold once; the dashed line is the one-bed median of each year in the building.
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 218 sits
All 65 1-beds →218 last sold in September 2011 at AED 979 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 984). 218's AED 47,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20252 October 2025 | 699 sqft | 550,000 | 786 | ||
| 1 Aug 20251 August 2025 | 615 sqft | 600,000 | 975 | ||
| 11 Jun 202511 June 2025 | 699 sqft | 600,000 | 858 | ||
| 5 May 20255 May 2025 | 789 sqft | 560,000 | 710 |
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 | |
| 216 | Studio | 372 sqft | AED 325KAED 325,000 · Jul 2024July 2024 | 24,000 /yr | |
| 217 | Studio | 401 sqft | AED 450KAED 450,096 · Nov 2015November 2015 | 31,500 /yr |
218, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 13 September 2011 for AED 684,561, or AED 979 per sqft.
- Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 46,000 to AED 28,000 in 2021 and recovered to AED 47,000 by December 2024.
- At AED 47,000 a year the gross yield on the 2011 price is 6.9%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 28 December 2024.
Questions about 218, Silicon Gates 2
What did unit 218 last sell for?
AED 684,561 on 13 September 2011, sold by the developer: AED 979 per sqft for 699 sqft. It is the only registered sale of the unit.
What is the rent for unit 218?
AED 47,000 a year on the contract renewed on 28 December 2024. The previous contract, from December 2024, was AED 47,000; the unit has been rented since November 2017.
How big is unit 218?
699 sqft (64.9 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.
What is unit 218 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 218, Silicon Gates 2
Starts from the last sale price (AED 685K, 13 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 684,561
- Deposit, UAE resident (20%)
- AED 136,912
- Deposit, non-resident (40%)
- AED 273,824
- Monthly over 25 years at 3.7%
- AED 2,801
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →