Studio · 401 sqftSilicon Gates 2, Dubai Silicon Oasis · 3rd floor · completed 2014

317, Silicon Gates 2

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 425K29 June 2016
Current rentAED 28K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317, Silicon Gates 2

What is 317 worth today?

Last sold for AED 425,000 in 2016

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1 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 70 per sqft
15 Jan 2021RentedNew contract
AED 19,000/yr12 months · AED 48 per sqft
4 Jun 2019RentedRenewal
AED 27,500/yr12 months · AED 69 per sqft
4 Jun 2018RentedNew contract
AED 31,000/yr12 months · AED 78 per sqft
5 Mar 2017RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
29 Jun 2016SoldReady
AED 425,000AED 1,060 per sqft
4 Mar 2016RentedNew contract
AED 38,895/yr12 months · AED 98 per sqft
1 Mar 2016Sold by developerReady
AED 489,676AED 1,221 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
3rd of 8
Parking
G-43
Developer
Time Properties
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 425K · June 2016

About 317, Silicon Gates 2

317 is a studio of 401 sqft on the 3rd floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 29 June 2016 for AED 425,000, or AED 1,060 per sqft, 4% below the AED 1,105 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 February 2023, is AED 28,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 5,000 a year.

Sales and rents for 317 over time

Sales
Unit 317, 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, March 2016: AED 489,676 (AED 1,221 per sqft)Sold, June 2016: AED 425,000 (AED 1,060 per sqft)

317 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 317, each contractTypical studio in Silicon Gates 2
20K40K20152018202120242027Typical 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, March 2016: AED 38,895 a yearNew contract, March 2017: AED 42,000 a yearNew contract, June 2018: AED 31,000 a yearRenewal, June 2019: AED 27,500 a yearNew contract, January 2021: AED 19,000 a yearNew contract, February 2023: AED 28,000 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 317 sits

All 64 studios →

317 last sold in June 2016 at AED 1,060 per sqft, 4% below what studios in Silicon Gates 2 were fetching at the time (AED 1,105). 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. 317's AED 28,000 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 3rd floor

All 131 units in Silicon Gates 2
Value
3011-bedAED 740K · Nov 2015
302StudioAED 430K · Oct 2025
303StudioAED 245K · Oct 2022
3041-bedAED 671K · Jun 2011
305StudioAED 443K · Jul 2013
3061-bedAED 667K · Nov 2015
307StudioAED 233K · Dec 2015
1–7 of 17

317, Silicon Gates 2 in numbers

  • Sold twice: first on 1 March 2016 for AED 489,676, last on 29 June 2016 for AED 425,000 (AED 1,060 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 38,895 to AED 19,000 in 2021 and recovered to AED 28,000 by February 2023.
  • At AED 28,000 a year the gross yield on the 2016 price is 6.6%, 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 1 February 2023.

Questions about 317, Silicon Gates 2

What did unit 317 last sell for?

AED 425,000 on 29 June 2016: AED 1,060 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 489,676 in March 2016.

What is the rent for unit 317?

AED 28,000 a year on the contract signed on 1 February 2023. The previous contract, from January 2021, was AED 19,000; the unit has been rented since March 2016.

How big is unit 317?

401 sqft (37.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 317 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 317, Silicon Gates 2

Starts from the last sale price (AED 425K, 29 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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