407, Silicon Gates 2
Sold prices and rental history: sold twice, last in September 2016, 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 407, Silicon Gates 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 4th of 8
- Parking
- G-39
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 4,800 /yr
- Last sold
- AED 300K · September 2016
- Building
- Silicon Gates 2
About 407, Silicon Gates 2
407 is a studio of 387 sqft on the 4th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 25 September 2016 for AED 300,000, or AED 775 per sqft, 30% below the AED 1,111 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 34,000 a year: a gross yield of 11.3% on the 2016 price, before the service charge of about AED 4,800 a year.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the studio median of each year in the building.
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 407 sits
All 64 studios →407 last sold in September 2016 at AED 775 per sqft, 30% below what studios in Silicon Gates 2 were fetching at the time (AED 1,111). 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. 407's AED 34,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 387 sqft | 420,000 | 1,084 | ||
| 17 Oct 202517 October 2025 | 401 sqft | 430,000 | 1,073 | ||
| 25 Jul 202525 July 2025 | 367 sqft | 380,000 | 1,036 | ||
| 9 Jul 20259 July 2025 | 352 sqft | 350,000 | 994 |
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 4th floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 699 sqft | AED 694KAED 693,812 · Apr 2017April 2017 | ||
| 402 | Studio | 401 sqft | AED 335KAED 335,000 · Nov 2022November 2022 | 48,000 /yr | |
| 403 | Studio | 367 sqft | AED 420KAED 420,000 · Nov 2015November 2015 | 28,000 /yr | |
| 404 | 1-bed | 617 sqft | AED 636KAED 636,000 · Nov 2015November 2015 | 48,000 /yr | |
| 405 | Studio | 352 sqft | AED 140KAED 140,000 · Nov 2015November 2015 | 27,132 /yr | |
| 406 | 1-bed | 615 sqft | AED 400KAED 400,000 · May 2024May 2024 | 45,000 /yr | |
| 408 | Studio | 383 sqft | AED 430KAED 430,372 · Jun 2016June 2016 | 44,000 /yr | |
| 409 | 1-bed | 699 sqft | AED 688KAED 688,228 · Aug 2011August 2011 | 38,500 /yr | |
| 410 | 1-bed | 699 sqft | AED 588KAED 588,418 · Sep 2015September 2015 | 54,000 /yr | |
| 411 | Studio | 383 sqft | AED 380KAED 380,000 · Jun 2016June 2016 | 28,600 /yr | |
| 412 | Studio | 387 sqft | AED 410KAED 410,000 · May 2017May 2017 | 35,200 /yr | |
| 413 | 1-bed | 622 sqft | AED 642KAED 641,656 · Nov 2015November 2015 | 43,000 /yr | |
| 414 | Studio | 353 sqft | AED 452KAED 451,500 · Nov 2015November 2015 | 30,000 /yr | |
| 415 | 1-bed | 622 sqft | AED 641KAED 641,019 · Nov 2015November 2015 | 50,000 /yr | |
| 416 | Studio | 372 sqft | AED 385KAED 385,101 · Nov 2015November 2015 | 39,000 /yr | |
| 417 | Studio | 401 sqft | AED 390KAED 390,000 · Mar 2018March 2018 | 26,000 /yr | |
| 418 | 1-bed | 699 sqft | AED 620KAED 620,000 · Nov 2016November 2016 | 41,236 /yr |
407, Silicon Gates 2 in numbers
- Sold twice: first on 16 November 2015 for AED 433,303, last on 25 September 2016 for AED 300,000 (AED 775 per sqft).
- Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 24,000 to AED 21,000 in 2021 and recovered to AED 34,000 by October 2026.
- At AED 34,000 a year the gross yield on the 2016 price is 11.3%, before a service charge of about AED 4,800 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 October 2026.
Questions about 407, Silicon Gates 2
What did unit 407 last sell for?
AED 300,000 on 25 September 2016: AED 775 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 433,303 in November 2015.
What is the rent for unit 407?
AED 34,000 a year on the contract signed on 1 October 2026. The previous contract, from June 2025, was AED 30,800; the unit has been rented since July 2019.
How big is unit 407?
387 sqft (36.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.
What is unit 407 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 407, Silicon Gates 2
Starts from the last sale price (AED 300K, 25 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →