1-bed · 763 sqftSilicon Gates 2, Dubai Silicon Oasis · 6th floor · completed 2014

602, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 15 August 2017
Last soldAED 652K6 October 2015
Current rentAED 58K /yr15 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Silicon Gates 2

What is 602 worth today?

Last sold for AED 651,749 in 2015

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15 Aug 2017RentedNew contract
AED 58,000/yr12 months · AED 76 per sqft
6 Oct 2015Sold by developerReady
AED 651,749AED 854 per sqft

Source: Dubai Land Department. Updated 15 August 2017.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
6th of 8
Parking
B-02
Developer
Time Properties
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 652K · October 2015

About 602, Silicon Gates 2

602 is a one-bedroom apartment of 763 sqft on the 6th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 6 October 2015 for AED 651,749, or AED 854 per sqft, in line with the AED 854 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2017. The current contract, signed on 15 August 2017, is AED 58,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 9,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, October 2015: AED 651,749 (AED 854 per sqft)

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

Rents
Unit 602, 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, August 2017: AED 58,000 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 602 sits

All 65 1-beds →

602 last sold in October 2015 at AED 854 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 854). 602's AED 58,000 is in the upper 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 6th floor

All 131 units in Silicon Gates 2
Value
6011-bedAED 350K · Jan 2017
6031-bedAED 400K · Mar 2023
604StudioAED 200K · Mar 2024
6051-bedAED 629K · Nov 2015
6061-bedAED 635K · Sep 2015
6071-bedAED 320K · Jun 2021
6081-bedAED 610K · Feb 2017
1–7 of 13

602, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 6 October 2015 for AED 651,749, or AED 854 per sqft.
  • Rented since August 2017 on one Ejari contract, at AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2015 price is 8.9%, before a service charge of about AED 9,500 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 15 August 2017.

Questions about 602, Silicon Gates 2

What did unit 602 last sell for?

AED 651,749 on 6 October 2015, sold by the developer: AED 854 per sqft for 763 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 58,000 a year on the contract signed on 15 August 2017.

How big is unit 602?

763 sqft (70.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 602 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 602, Silicon Gates 2

Starts from the last sale price (AED 652K, 6 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 651,749
Deposit, UAE resident (20%)
AED 130,350
Deposit, non-resident (40%)
AED 260,700
Monthly over 25 years at 3.7%
AED 2,667

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