1-bed · 699 sqftSilicon Gates 2, Dubai Silicon Oasis · 4th floor · completed 2014

401, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in April 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 24 April 2017
Last soldAED 694K24 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Silicon Gates 2

What is 401 worth today?

Last sold for AED 693,812 in 2017

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24 Apr 2017Sold by developerOff-plan
AED 693,812AED 992 per sqft

Source: Dubai Land Department. Updated 24 April 2017.

Key facts

Type
1-bed apartment
Size
699 sqft
Floor
4th of 8
Parking
B-40
Developer
Time Properties
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 694K · April 2017

About 401, Silicon Gates 2

401 is a one-bedroom apartment of 699 sqft on the 4th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 24 April 2017 for AED 693,812, or AED 992 per sqft, 16% above the AED 858 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, 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, April 2017: AED 693,812 (AED 992 per sqft)

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

Rents
Unit 401, 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 47,000

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 401 sits

All 65 1-beds →

401 last sold in April 2017 at AED 992 per sqft, 16% above what one-beds in Silicon Gates 2 were fetching at the time (AED 858).

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 4th floor

All 131 units in Silicon Gates 2
Value
402StudioAED 335K · Nov 2022
403StudioAED 420K · Nov 2015
4041-bedAED 636K · Nov 2015
405StudioAED 140K · Nov 2015
4061-bedAED 400K · May 2024
407StudioAED 300K · Sep 2016
408StudioAED 430K · Jun 2016
1–7 of 17

401, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 24 April 2017 for AED 693,812, or AED 992 per sqft.

Source: Dubai Land Department. Updated 24 April 2017.

Questions about 401, Silicon Gates 2

What did unit 401 last sell for?

AED 693,812 on 24 April 2017, sold by the developer: AED 992 per sqft for 699 sqft. It is the only registered sale of the unit.

How big is unit 401?

699 sqft (64.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 401 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 401, Silicon Gates 2

Starts from the last sale price (AED 694K, 24 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 693,812
Deposit, UAE resident (20%)
AED 138,762
Deposit, non-resident (40%)
AED 277,525
Monthly over 25 years at 3.7%
AED 2,839

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