301, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Silicon Gates 2
What is 301 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 699 sqft
- Floor
- 3rd of 8
- Parking
- B-47
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 740K · November 2015
- Building
- Silicon Gates 2
About 301, Silicon Gates 2
301 is a one-bedroom apartment of 699 sqft on the 3rd 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 740,000, or AED 1,058 per sqft, 17% above the AED 902 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 38,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 8,700 a year.
Sales and rents for 301 over time
301 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 301 sits
All 65 1-beds →301 last sold in November 2015 at AED 1,058 per sqft, 17% above what one-beds in Silicon Gates 2 were fetching at the time (AED 902). 301's AED 38,000 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 3rd floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | Studio | 401 sqft | AED 430KAED 430,000 · Oct 2025October 2025 | 38,000 /yr | |
| 303 | Studio | 367 sqft | AED 245KAED 245,000 · Oct 2022October 2022 | 28,875 /yr | |
| 304 | 1-bed | 617 sqft | AED 671KAED 671,153 · Jun 2011June 2011 | 45,000 /yr | |
| 305 | Studio | 352 sqft | AED 443KAED 442,874 · Jul 2013July 2013 | 30,000 /yr | |
| 306 | 1-bed | 615 sqft | AED 667KAED 666,819 · Nov 2015November 2015 | 48,000 /yr | |
| 307 | Studio | 387 sqft | AED 233KAED 232,930 · Dec 2015December 2015 | 30,800 /yr | |
| 308 | Studio | 383 sqft | AED 390KAED 390,000 · Jul 2024July 2024 | ||
| 309 | 1-bed | 699 sqft | AED 485KAED 485,000 · Mar 2019March 2019 | 43,000 /yr | |
| 310 | 1-bed | 699 sqft | AED 369KAED 369,067 · Dec 2022December 2022 | 42,350 /yr | |
| 311 | Studio | 191 sqft | AED 462KAED 462,000 · Nov 2015November 2015 | 38,000 /yr | |
| 312 | Studio | 194 sqft | AED 461KAED 461,111 · Nov 2015November 2015 | 31,185 /yr | |
| 313 | 1-bed | 622 sqft | AED 689KAED 689,445 · Mar 2017March 2017 | ||
| 314 | Studio | 353 sqft | AED 290KAED 290,000 · Sep 2023September 2023 | 30,250 /yr | |
| 315 | 1-bed | 311 sqft | AED 683KAED 682,760 · Nov 2015November 2015 | 33,541 /yr | |
| 316 | Studio | 186 sqft | AED 446KAED 446,282 · Nov 2015November 2015 | 31,395 /yr | |
| 317 | Studio | 401 sqft | AED 425KAED 425,000 · Jun 2016June 2016 | 28,000 /yr | |
| 318 | 1-bed | 699 sqft | AED 490KAED 490,000 · Oct 2024October 2024 | 55,000 /yr |
301, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 16 November 2015 for AED 740,000, or AED 1,058 per sqft.
- Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 24,000 in 2021 and recovered to AED 38,000 by November 2024.
- At AED 38,000 a year the gross yield on the 2015 price is 5.1%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 15 November 2024.
Questions about 301, Silicon Gates 2
What did unit 301 last sell for?
AED 740,000 on 16 November 2015, sold by the developer: AED 1,058 per sqft for 699 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 38,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 26,000; the unit has been rented since February 2019.
How big is unit 301?
699 sqft (64.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.
What is unit 301 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 301, Silicon Gates 2
Starts from the last sale price (AED 740K, 16 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →