Studio · 387 sqftSilicon Gates 2, Dubai Silicon Oasis · 4th floor · completed 2014

412, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 3 December 2025
Last soldAED 410K18 May 2017
Current rentAED 35K /yr3 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Silicon Gates 2

What is 412 worth today?

Last sold for AED 410,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Dec 2025RentedRenewal
AED 35,200/yr12 months · AED 91 per sqft
3 Dec 2024RentedRenewal
AED 32,000/yr12 months · AED 83 per sqft
3 Dec 2023RentedRenewal
AED 28,000/yr12 months · AED 72 per sqft
3 Dec 2023RentedRenewal
AED 28,000/yr12 months · AED 74 per sqft
3 Dec 2022RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
1 Dec 2021RentedNew contract
AED 23,000/yr12 months · AED 59 per sqft
1 Nov 2020RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
18 May 2017Sold by developerReady
AED 410,000AED 1,058 per sqft

Source: Dubai Land Department. Updated 3 December 2025.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
4th of 8
Parking
B-52
Developer
Time Properties
Completed
2014
Service charge
AED 4,800 /yr
Last sold
AED 410K · May 2017

About 412, Silicon Gates 2

412 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. The developer sold it on 18 May 2017 for AED 410,000, or AED 1,058 per sqft, in line with the AED 1,033 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 3 December 2025, is AED 35,200 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 4,800 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, May 2017: AED 410,000 (AED 1,058 per sqft)

412 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 412, 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, November 2020: AED 22,000 a yearNew contract, December 2021: AED 23,000 a yearNew contract, December 2022: AED 23,000 a yearRenewal, December 2023: AED 28,000 a yearRenewal, December 2023: AED 28,000 a yearRenewal, December 2024: AED 32,000 a yearRenewal, December 2025: AED 35,200 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 412 sits

All 64 studios →

412 last sold in May 2017 at AED 1,058 per sqft, in line with what studios in Silicon Gates 2 were fetching at the time (AED 1,033). 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. 412's AED 35,200 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

412, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 18 May 2017 for AED 410,000, or AED 1,058 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 22,000 to AED 35,200 a year.
  • At AED 35,200 a year the gross yield on the 2017 price is 8.6%, 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 3 December 2025.

Questions about 412, Silicon Gates 2

What did unit 412 last sell for?

AED 410,000 on 18 May 2017, sold by the developer: AED 1,058 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 35,200 a year on the contract renewed on 3 December 2025. The previous contract, from December 2024, was AED 32,000; the unit has been rented since November 2020.

How big is unit 412?

387 sqft (36.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.

What is unit 412 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.

Selling 412? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 412, Silicon Gates 2

Starts from the last sale price (AED 410K, 18 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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