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1-bed · 617 sqftSilicon Gates 2, Dubai Silicon Oasis · 3rd floor · completed 2014

304, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 671K28 June 2011
Current rentAED 45K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Silicon Gates 2

What is 304 worth today?

Last sold for AED 671,153 in 2011

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1 Jun 2025RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
1 Jun 2025RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
1 Jun 2024RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
15 Apr 2023RentedRenewal
AED 34,000/yr12 months · AED 55 per sqft
15 Apr 2022RentedNew contract
AED 29,000/yr12 months · AED 47 per sqft
28 Jun 2011Sold by developerOff-plan
AED 671,153AED 1,087 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
617 sqft
Floor
3rd of 8
Parking
G-51
Developer
Time Properties
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 671K · June 2011
Building
Silicon Gates 2

About 304, Silicon Gates 2

304 is a one-bedroom apartment of 617 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 28 June 2011 for AED 671,153, or AED 1,087 per sqft, in line with the AED 1,087 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 45,000 a year: a gross yield of 6.7% on the 2011 price, before the service charge of about AED 7,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, June 2011: AED 671,153 (AED 1,087 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Silicon Gates 2
40K60K20152018202120242027Typical 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, April 2022: AED 29,000 a yearRenewal, April 2023: AED 34,000 a yearNew contract, June 2024: AED 45,000 a yearRenewal, June 2025: AED 45,000 a yearRenewal, June 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 304 sits

All 65 1-beds →

304 last sold in June 2011 at AED 1,087 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 1,087). 304'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 3rd floor

All 131 units in Silicon Gates 2
Value
3011-bedAED 740K · Nov 2015
302StudioAED 430K · Oct 2025
303StudioAED 245K · Oct 2022
305StudioAED 443K · Jul 2013
3061-bedAED 667K · Nov 2015
307StudioAED 233K · Dec 2015
308StudioAED 390K · Jul 2024
1–7 of 17

304, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 28 June 2011 for AED 671,153, or AED 1,087 per sqft.
  • Rented since April 2022 on 5 Ejari contracts, from AED 29,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2011 price is 6.7%, before a service charge of about AED 7,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 304, Silicon Gates 2

What did unit 304 last sell for?

AED 671,153 on 28 June 2011, sold by the developer: AED 1,087 per sqft for 617 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 45,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 45,000; the unit has been rented since April 2022.

How big is unit 304?

617 sqft (57.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 304 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 304, Silicon Gates 2

Starts from the last sale price (AED 671K, 28 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 671,153
Deposit, UAE resident (20%)
AED 134,231
Deposit, non-resident (40%)
AED 268,461
Monthly over 25 years at 3.7%
AED 2,746

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