1-bed · 761 sqftSilicon Gates 2, Dubai Silicon Oasis · 6th floor · completed 2014

609, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 609 · DLD and Ejari recordsUpdated 1 June 2023

Last soldAED 631K19 January 2016

Current rentAED 32K /yr1 June 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 609, Silicon Gates 2

Today

What is 609 worth today?

Last sold for AED 631,326 in 2016

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1 Jun 2023

1 Jun 2023RentedNew contract

AED 31,500/yr12 months · AED 41 per sqft

26 Mar 2020

26 Mar 2020RentedNew contract

AED 30,000/yr12 months · AED 39 per sqft

21 Feb 2019

21 Feb 2019RentedNew contract

AED 40,000/yr12 months · AED 52 per sqft

1 Jul 2018

1 Jul 2018RentedNew contract

AED 45,000/yr12 months · AED 59 per sqft

19 Jan 2016

19 Jan 2016Sold by developerReady

AED 631,326AED 829 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type: 1-bed apartment
Size: 761 sqft
Floor: 6th of 8
Parking: B-69
Developer: Time Properties
Completed: 2014
Service charge: AED 9,500 /yr
Last sold: AED 631K · January 2016
Building: Silicon Gates 2

About 609, Silicon Gates 2

609 is a one-bedroom apartment of 761 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 19 January 2016 for AED 631,326, or AED 829 per sqft, 18% below the AED 1,017 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 June 2023, is AED 31,500 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 9,500 a year.

Sales and rents for 609 over time

Sales

Unit 609, each saleTypical one-bed in Silicon Gates 2

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

Rents

Unit 609, each contractTypical one-bed in Silicon Gates 2

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 609 sits

All 65 1-beds →

Silicon Gates 2 · all types1,084 /sqft

609 last sold in January 2016 at AED 829 per sqft, 18% below what one-beds in Silicon Gates 2 were fetching at the time (AED 1,017). 609's AED 31,500 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


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
608	1-bed	789 sqft	AED 610KAED 610,000 · Feb 2017February 2017	37,000 /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

1–7 of 13

609, Silicon Gates 2 in numbers

Sold once: by Time Properties on 19 January 2016 for AED 631,326, or AED 829 per sqft.
Rented since July 2018 on 4 Ejari contracts, from AED 45,000 to AED 31,500 a year.
At AED 31,500 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 9,500 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 June 2023.

Questions about 609, Silicon Gates 2

What did unit 609 last sell for?

AED 631,326 on 19 January 2016, sold by the developer: AED 829 per sqft for 761 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 31,500 a year on the contract signed on 1 June 2023. The previous contract, from March 2020, was AED 30,000; the unit has been rented since July 2018.

How big is unit 609?

761 sqft (70.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 609 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 609, Silicon Gates 2

Starts from the last sale price (AED 631K, 19 January 2016). Switch to today's estimate once you have unlocked it.

Price: AED 631,326
Deposit, UAE resident (20%): AED 126,265
Deposit, non-resident (40%): AED 252,530
Monthly over 25 years at 3.7%: AED 2,583

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