1-bed · 664 sqftSilicon Gates 2, Dubai Silicon Oasis · 6th floor · completed 2014

612, Silicon Gates 2

Sold prices and rental history: sold twice, last in October 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 420K18 October 2018
Current rentAED 55K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Silicon Gates 2

What is 612 worth today?

Last sold for AED 420,000 in 2018

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1 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
4 Jun 2025RentedNew contract
AED 52,000/yr12 months · AED 79 per sqft
4 Jan 2025RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
4 Jan 2025RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
16 Dec 2021RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft
26 Nov 2020RentedRenewal
AED 28,000/yr12 months · AED 43 per sqft
25 Nov 2019RentedRenewal
AED 34,903/yr12 months · AED 53 per sqft
25 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
664 sqft
Floor
6th of 8
Parking
B-67
Developer
Time Properties
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 420K · October 2018

About 612, Silicon Gates 2

612 is a one-bedroom apartment of 664 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 18 October 2018 for AED 420,000, or AED 632 per sqft, in line with the AED 632 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 October 2026, is AED 55,000 a year: a gross yield of 13.1% on the 2018 price, before the service charge of about AED 8,300 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, November 2015: AED 678,114 (AED 1,021 per sqft)Sold, October 2018: AED 420,000 (AED 632 per sqft)

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

Rents
Unit 612, each contractTypical one-bed in Silicon Gates 2
40K60K2015201920232027Typical 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, April 2015: AED 60,000 a yearNew contract, October 2017: AED 46,000 a yearNew contract, November 2018: AED 40,000 a yearRenewal, November 2019: AED 34,903 a yearRenewal, November 2020: AED 28,000 a yearNew contract, December 2021: AED 27,000 a yearNew contract, January 2025: AED 48,000 a yearNew contract, January 2025: AED 48,000 a yearNew contract, June 2025: AED 52,000 a yearNew contract, October 2026: AED 55,000 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 612 sits

All 65 1-beds →

612 last sold in October 2018 at AED 632 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 632). 612's AED 55,000 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
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

612, Silicon Gates 2 in numbers

  • Sold twice: first on 17 November 2015 for AED 678,114, last on 18 October 2018 for AED 420,000 (AED 632 per sqft).
  • Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 27,000 in 2021 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2018 price is 13.1%, before a service charge of about AED 8,300 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 612, Silicon Gates 2

What did unit 612 last sell for?

AED 420,000 on 18 October 2018: AED 632 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 678,114 in November 2015.

What is the rent for unit 612?

AED 55,000 a year on the contract signed on 1 October 2026. The previous contract, from June 2025, was AED 52,000; the unit has been rented since April 2015.

How big is unit 612?

664 sqft (61.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 612 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 612, Silicon Gates 2

Starts from the last sale price (AED 420K, 18 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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