Studio · 383 sqftSilicon Gates 2, Dubai Silicon Oasis · 4th floor · completed 2014

411, 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 411 · DLD and Ejari recordsUpdated 10 September 2023
Last soldAED 380K27 June 2016
Current rentAED 29K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Silicon Gates 2

What is 411 worth today?

Last sold for AED 380,000 in 2016

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10 Sep 2023RentedRenewal
AED 28,600/yr12 months · AED 75 per sqft
10 Sep 2022RentedNew contract
AED 26,000/yr12 months · AED 68 per sqft
1 Oct 2021RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
1 Nov 2020RentedNew contract
AED 17,000/yr12 months · AED 44 per sqft
20 Oct 2017RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
1 Sep 2016RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
27 Jun 2016SoldReady
AED 380,000AED 993 per sqft
19 Jun 2016Sold by developerOff-plan
AED 429,786AED 1,123 per sqft

Source: Dubai Land Department. Updated 10 September 2023.

Key facts

Type
Studio apartment
Size
383 sqft
Floor
4th of 8
Parking
B-34
Developer
Time Properties
Completed
2014
Service charge
AED 4,800 /yr
Last sold
AED 380K · June 2016

About 411, Silicon Gates 2

411 is a studio of 383 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 27 June 2016 for AED 380,000, or AED 993 per sqft, 10% below the AED 1,108 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 10 September 2023, is AED 28,600 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 4,800 a year.

Sales and rents for 411 over time

Sales
Unit 411, 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, June 2016: AED 380,000 (AED 993 per sqft)Sold by developer, June 2016: AED 429,786 (AED 1,123 per sqft)

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

Rents
Unit 411, 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, September 2016: AED 40,000 a yearNew contract, October 2017: AED 38,000 a yearNew contract, November 2020: AED 17,000 a yearNew contract, October 2021: AED 20,000 a yearNew contract, September 2022: AED 26,000 a yearRenewal, September 2023: AED 28,600 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 411 sits

All 64 studios →

411 last sold in June 2016 at AED 993 per sqft, 10% below what studios in Silicon Gates 2 were fetching at the time (AED 1,108). 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. 411's AED 28,600 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 4th floor

All 131 units in Silicon Gates 2
Value
4011-bedAED 694K · Apr 2017
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
1–7 of 17

411, Silicon Gates 2 in numbers

  • Sold twice: first on 19 June 2016 for AED 429,786, last on 27 June 2016 for AED 380,000 (AED 993 per sqft).
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 17,000 in 2020 and recovered to AED 28,600 by September 2023.
  • At AED 28,600 a year the gross yield on the 2016 price is 7.5%, 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 10 September 2023.

Questions about 411, Silicon Gates 2

What did unit 411 last sell for?

AED 380,000 on 27 June 2016: AED 993 per sqft for 383 sqft. The unit has 2 registered sales; the first was AED 429,786 in June 2016.

What is the rent for unit 411?

AED 28,600 a year on the contract renewed on 10 September 2023. The previous contract, from September 2022, was AED 26,000; the unit has been rented since September 2016.

How big is unit 411?

383 sqft (35.6 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.

What is unit 411 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 411, Silicon Gates 2

Starts from the last sale price (AED 380K, 27 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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