Studio · 401 sqftSilicon Gates 2, Dubai Silicon Oasis · 4th floor · completed 2014

417, Silicon Gates 2

Sold prices and rental history: sold twice, last in March 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 390K7 March 2018
Current rentAED 26K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Silicon Gates 2

What is 417 worth today?

Last sold for AED 390,000 in 2018

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25 Mar 2026RentedRenewal
AED 26,000/yr12 months · AED 65 per sqft
25 Mar 2025RentedRenewal
AED 26,000/yr12 months · AED 65 per sqft
25 Mar 2024RentedRenewal
AED 26,000/yr12 months · AED 65 per sqft
25 Mar 2023RentedRenewal
AED 26,000/yr12 months · AED 65 per sqft
25 Mar 2022RentedNew contract
AED 20,000/yr12 months · AED 50 per sqft
7 Mar 2018SoldReady
AED 390,000AED 973 per sqft
5 Feb 2017RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
16 Nov 2015Sold by developerOff-plan
AED 423,557AED 1,056 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
4th of 8
Parking
B-57
Developer
Time Properties
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 390K · March 2018

About 417, Silicon Gates 2

417 is a studio of 401 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 7 March 2018 for AED 390,000, or AED 973 per sqft, 4% below the AED 1,016 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 26,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 5,000 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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, November 2015: AED 423,557 (AED 1,056 per sqft)Sold, March 2018: AED 390,000 (AED 973 per sqft)

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

Rents
Unit 417, 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, February 2017: AED 38,000 a yearNew contract, March 2022: AED 20,000 a yearRenewal, March 2023: AED 26,000 a yearRenewal, March 2024: AED 26,000 a yearRenewal, March 2025: AED 26,000 a yearRenewal, March 2026: AED 26,000 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 417 sits

All 64 studios →

417 last sold in March 2018 at AED 973 per sqft, 4% below what studios in Silicon Gates 2 were fetching at the time (AED 1,016). 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. 417's AED 26,000 is at the bottom 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

417, Silicon Gates 2 in numbers

  • Sold twice: first on 16 November 2015 for AED 423,557, last on 7 March 2018 for AED 390,000 (AED 973 per sqft).
  • Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 20,000 in 2022 and recovered to AED 26,000 by March 2026.
  • At AED 26,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 5,000 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 25 March 2026.

Questions about 417, Silicon Gates 2

What did unit 417 last sell for?

AED 390,000 on 7 March 2018: AED 973 per sqft for 401 sqft. The unit has 2 registered sales; the first was AED 423,557 in November 2015.

What is the rent for unit 417?

AED 26,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 26,000; the unit has been rented since February 2017.

How big is unit 417?

401 sqft (37.3 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.

What is unit 417 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 417, Silicon Gates 2

Starts from the last sale price (AED 390K, 7 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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