Studio · 352 sqftSilicon Gates 2, Dubai Silicon Oasis · 6th floor · completed 2014

604, Silicon Gates 2

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 22 February 2025
Last soldAED 200K6 March 2024
Current rentAED 37K /yr22 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Silicon Gates 2

What is 604 worth today?

Last sold for AED 200,000 in 2024

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22 Feb 2025RentedNew contract
AED 37,000/yr12 months · AED 105 per sqft
22 Feb 2025RentedNew contract
AED 37,000/yr12 months · AED 105 per sqft
6 Mar 2024SoldReady
AED 200,000AED 567 per sqft
20 Feb 2023RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft
22 Nov 2021RentedNew contract
AED 19,000/yr12 months · AED 54 per sqft
1 Nov 2020RentedNew contract
AED 18,000/yr12 months · AED 51 per sqft
1 Oct 2018RentedNew contract
AED 31,500/yr12 months · AED 89 per sqft
17 Nov 2015Sold by developerOff-plan
AED 420,000AED 1,192 per sqft

Source: Dubai Land Department. Updated 22 February 2025.

Key facts

Type
Studio apartment
Size
352 sqft
Floor
6th of 8
Parking
B-13
Developer
Time Properties
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 200K · March 2024

About 604, Silicon Gates 2

604 is a studio of 352 sqft on the 6th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 6 March 2024 for AED 200,000, or AED 567 per sqft, 31% below the AED 822 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 22 February 2025, is AED 37,000 a year: a gross yield of 18.5% on the 2024 price, before the service charge of about AED 4,400 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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 420,000 (AED 1,192 per sqft)Sold, March 2024: AED 200,000 (AED 567 per sqft)

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

Rents
Unit 604, 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, October 2018: AED 31,500 a yearNew contract, November 2020: AED 18,000 a yearNew contract, November 2021: AED 19,000 a yearNew contract, February 2023: AED 24,000 a yearNew contract, February 2025: AED 37,000 a yearNew contract, February 2025: AED 37,000 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 604 sits

All 64 studios →

604 last sold in March 2024 at AED 567 per sqft, 31% below what studios in Silicon Gates 2 were fetching at the time (AED 822). 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. 604's AED 37,000 is in the upper 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 6th floor

All 131 units in Silicon Gates 2
Value
6011-bedAED 350K · Jan 2017
6021-bedAED 652K · Oct 2015
6031-bedAED 400K · Mar 2023
6051-bedAED 629K · Nov 2015
6061-bedAED 635K · Sep 2015
6071-bedAED 320K · Jun 2021
6081-bedAED 610K · Feb 2017
1–7 of 13

604, Silicon Gates 2 in numbers

  • Sold twice: first on 17 November 2015 for AED 420,000, last on 6 March 2024 for AED 200,000 (AED 567 per sqft).
  • Rented since October 2018 on 6 Ejari contracts. The rent fell from AED 31,500 to AED 18,000 in 2020 and recovered to AED 37,000 by February 2025.
  • At AED 37,000 a year the gross yield on the 2024 price is 18.5%, before a service charge of about AED 4,400 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 22 February 2025.

Questions about 604, Silicon Gates 2

What did unit 604 last sell for?

AED 200,000 on 6 March 2024: AED 567 per sqft for 352 sqft. The unit has 2 registered sales; the first was AED 420,000 in November 2015.

What is the rent for unit 604?

AED 37,000 a year on the contract signed on 22 February 2025. The previous contract, from February 2025, was AED 37,000; the unit has been rented since October 2018.

How big is unit 604?

352 sqft (32.7 sqm): a studio on the 6th floor of a 8-storey tower completed in 2014.

What is unit 604 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 604, Silicon Gates 2

Starts from the last sale price (AED 200K, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 200,000
Deposit, UAE resident (20%)
AED 40,000
Deposit, non-resident (40%)
AED 80,000
Monthly over 25 years at 3.7%
AED 818

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