608, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, Silicon Gates 2
What is 608 worth today?
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Source: Dubai Land Department. Updated 15 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 6th of 8
- Parking
- B-70
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 9,800 /yr
- Last sold
- AED 610K · February 2017
- Building
- Silicon Gates 2
About 608, Silicon Gates 2
608 is a one-bedroom apartment of 789 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 8 February 2017 for AED 610,000, or AED 773 per sqft, 8% below the AED 844 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 December 2022, is AED 37,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 9,800 a year.
Sales and rents for 608 over time
608 has sold once; the dashed line is the one-bed median of each year in the building.
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 608 sits
All 65 1-beds →608 last sold in February 2017 at AED 773 per sqft, 8% below what one-beds in Silicon Gates 2 were fetching at the time (AED 844). 608's AED 37,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20252 October 2025 | 699 sqft | 550,000 | 786 | ||
| 1 Aug 20251 August 2025 | 615 sqft | 600,000 | 975 | ||
| 11 Jun 202511 June 2025 | 699 sqft | 600,000 | 858 | ||
| 5 May 20255 May 2025 | 789 sqft | 560,000 | 710 |
Silicon Gates 2
Building131 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%
Other units on the 6th floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 696 sqft | AED 350KAED 350,169 · Jan 2017January 2017 | 34,560 /yr | |
| 602 | 1-bed | 763 sqft | AED 652KAED 651,749 · Oct 2015October 2015 | 58,000 /yr | |
| 603 | 1-bed | 659 sqft | AED 400KAED 400,000 · Mar 2023March 2023 | 49,500 /yr | |
| 604 | Studio | 352 sqft | AED 200KAED 200,000 · Mar 2024March 2024 | 37,000 /yr | |
| 605 | 1-bed | 617 sqft | AED 629KAED 629,393 · Nov 2015November 2015 | 42,000 /yr | |
| 606 | 1-bed | 761 sqft | AED 635KAED 635,000 · Sep 2015September 2015 | 44,000 /yr | |
| 607 | 1-bed | 727 sqft | AED 320KAED 320,000 · Jun 2021June 2021 | 72,000 /yr | |
| 609 | 1-bed | 761 sqft | AED 631KAED 631,326 · Jan 2016January 2016 | 31,500 /yr | |
| 610 | 1-bed | 622 sqft | AED 385KAED 385,000 · Jan 2024January 2024 | 27,000 /yr | |
| 611 | Studio | 352 sqft | AED 380KAED 380,000 · Oct 2023October 2023 | 38,000 /yr | |
| 612 | 1-bed | 664 sqft | AED 420KAED 420,000 · Oct 2018October 2018 | 55,000 /yr | |
| 613 | 1-bed | 763 sqft | AED 414KAED 414,369 · Dec 2021December 2021 | 42,000 /yr | |
| 614 | 1-bed | 699 sqft | AED 526KAED 526,000 · Feb 2023February 2023 | 38,400 /yr |
608, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 8 February 2017 for AED 610,000, or AED 773 per sqft.
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 27,000 in 2021 and recovered to AED 37,000 by December 2022.
- At AED 37,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 9,800 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 15 December 2022.
Questions about 608, Silicon Gates 2
What did unit 608 last sell for?
AED 610,000 on 8 February 2017, sold by the developer: AED 773 per sqft for 789 sqft. It is the only registered sale of the unit.
What is the rent for unit 608?
AED 37,000 a year on the contract signed on 15 December 2022. The previous contract, from October 2021, was AED 27,000; the unit has been rented since August 2017.
How big is unit 608?
789 sqft (73.3 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.
What is unit 608 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 608, Silicon Gates 2
Starts from the last sale price (AED 610K, 8 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →