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1-bed · 617 sqftSilicon Gates 2, Dubai Silicon Oasis · 4th floor · completed 2014

404, Silicon Gates 2

Sold prices and rental history: sold twice, last in November 2015, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 600K28 November 2015
Current rentAED 48K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Silicon Gates 2

What is 404 worth today?

Last sold for AED 600,000 in 2015

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20 Jul 2025RentedRenewal
AED 48,000/yr12 months · AED 78 per sqft
20 Jul 2025RentedRenewal
AED 48,000/yr12 months · AED 78 per sqft
20 Jul 2024RentedNew contract
AED 48,000/yr12 months · AED 78 per sqft
28 Nov 2015Sold by developerOff-plan
AED 600,000AED 972 per sqft
28 Nov 2015SoldOff-plan
AED 636,000AED 1,030 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
1-bed apartment
Size
617 sqft
Floor
4th of 8
Parking
B-39
Developer
Time Properties
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 600K · November 2015
Building
Silicon Gates 2

About 404, Silicon Gates 2

404 is a one-bedroom apartment of 617 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 28 November 2015 for AED 600,000, or AED 972 per sqft, 4% below the AED 1,016 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 48,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 7,700 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, November 2015: AED 600,000 (AED 972 per sqft)Sold, November 2015: AED 636,000 (AED 1,030 per sqft)

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

Rents
Unit 404, 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, July 2024: AED 48,000 a yearRenewal, July 2025: AED 48,000 a yearRenewal, July 2025: AED 48,000 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 404 sits

All 65 1-beds →

404 last sold in November 2015 at AED 972 per sqft, 4% below what one-beds in Silicon Gates 2 were fetching at the time (AED 1,016). 404's AED 48,000 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 4th floor

All 131 units in Silicon Gates 2
Value
4011-bedAED 694K · Apr 2017
402StudioAED 335K · Nov 2022
403StudioAED 420K · Nov 2015
405StudioAED 140K · Nov 2015
4061-bedAED 400K · May 2024
407StudioAED 300K · Sep 2016
408StudioAED 430K · Jun 2016
1–7 of 17

404, Silicon Gates 2 in numbers

  • Sold twice: first on 28 November 2015 for AED 636,000, last on 28 November 2015 for AED 600,000 (AED 972 per sqft).
  • Rented since July 2024 on 3 Ejari contracts, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 7,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 20 July 2025.

Questions about 404, Silicon Gates 2

What did unit 404 last sell for?

AED 600,000 on 28 November 2015, sold by the developer: AED 972 per sqft for 617 sqft. The unit has 2 registered sales; the first was AED 636,000 in November 2015.

What is the rent for unit 404?

AED 48,000 a year on the contract renewed on 20 July 2025. The previous contract, from July 2025, was AED 48,000; the unit has been rented since July 2024.

How big is unit 404?

617 sqft (57.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 404 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 404, Silicon Gates 2

Starts from the last sale price (AED 600K, 28 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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