1-bed · 622 sqftSilicon Gates 2, Dubai Silicon Oasis · 6th floor · completed 2014

610, Silicon Gates 2

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 385K12 January 2024
Current rentAED 27K /yr22 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 610, Silicon Gates 2

What is 610 worth today?

Last sold for AED 385,000 in 2024

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12 Jan 2024SoldReady
AED 385,000AED 618 per sqft
22 Dec 2022RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
22 Dec 2021RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
30 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
15 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 53 per sqft
15 Jul 2018RentedNew contract
AED 43,000/yr12 months · AED 69 per sqft
15 Jan 2018SoldReady
AED 225,000AED 361 per sqft
17 Nov 2015Sold by developerOff-plan
AED 647,892AED 1,041 per sqft

Source: Dubai Land Department. Updated 12 January 2024.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
6th of 8
Parking
B-68
Developer
Time Properties
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 385K · January 2024

About 610, Silicon Gates 2

610 is a one-bedroom apartment of 622 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 12 January 2024 for AED 385,000, or AED 618 per sqft, in line with the AED 612 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 22 December 2022, is AED 27,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for 610 over time

Sales
Unit 610, each saleTypical one-bed in Silicon Gates 2
250K500K750K2011201520192023Typical 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, November 2015: AED 647,892 (AED 1,041 per sqft)Sold, January 2018: AED 225,000 (AED 361 per sqft)Sold, January 2024: AED 385,000 (AED 618 per sqft)

610 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 610, 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, July 2018: AED 43,000 a yearNew contract, July 2019: AED 33,000 a yearNew contract, November 2019: AED 30,000 a yearNew contract, December 2021: AED 27,000 a yearNew contract, December 2022: AED 27,000 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 610 sits

All 65 1-beds →

610 last sold in January 2024 at AED 618 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 612). 610's AED 27,000 is in the lower 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
6021-bedAED 652K · Oct 2015
6031-bedAED 400K · Mar 2023
604StudioAED 200K · Mar 2024
6051-bedAED 629K · Nov 2015
6061-bedAED 635K · Sep 2015
6071-bedAED 320K · Jun 2021
1–7 of 13

610, Silicon Gates 2 in numbers

  • Sold 3 times: first on 17 November 2015 for AED 647,892, last on 12 January 2024 for AED 385,000 (AED 618 per sqft).
  • Rented since July 2018 on 5 Ejari contracts, from AED 43,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 7,800 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 12 January 2024.

Questions about 610, Silicon Gates 2

What did unit 610 last sell for?

AED 385,000 on 12 January 2024: AED 618 per sqft for 622 sqft. The unit has 3 registered sales; the first was AED 647,892 in November 2015.

What is the rent for unit 610?

AED 27,000 a year on the contract signed on 22 December 2022. The previous contract, from December 2021, was AED 27,000; the unit has been rented since July 2018.

How big is unit 610?

622 sqft (57.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 610 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 610, Silicon Gates 2

Starts from the last sale price (AED 385K, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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