701, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Silicon Gates 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 20 July 2027.
Key facts
- Type
- 1-bed apartment
- Size
- 696 sqft
- Floor
- 7th of 8
- Parking
- B-62
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 603K · September 2015
- Building
- Silicon Gates 2
About 701, Silicon Gates 2
701 is a one-bedroom apartment of 696 sqft on the 7th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 15 September 2015 for AED 603,252, or AED 866 per sqft, in line with the AED 850 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 15 Ejari contracts. The current contract, signed on 20 July 2027, is AED 54,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 8,700 a year.
Sales and rents for 701 over time
701 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 701 sits
All 65 1-beds →701 last sold in September 2015 at AED 866 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 850). 701's AED 54,000 is in the upper 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 7th floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 763 sqft | AED 405KAED 405,000 · Apr 2022April 2022 | 53,500 /yr | |
| 703 | 1-bed | 659 sqft | AED 726KAED 726,434 · May 2016May 2016 | 39,000 /yr | |
| 704 | Studio | 352 sqft | AED 363KAED 363,000 · Apr 2016April 2016 | 60,000 /yr | |
| 705 | 1-bed | 617 sqft | AED 530KAED 530,000 · Aug 2016August 2016 | 50,000 /yr | |
| 706 | 1-bed | 761 sqft | AED 427KAED 427,223 · Mar 2020March 2020 | 45,000 /yr | |
| 707 | 1-bed | 727 sqft | AED 450KAED 450,000 · Mar 2024March 2024 | 32,400 /yr | |
| 708 | 1-bed | 789 sqft | AED 560KAED 560,000 · May 2025May 2025 | 37,000 /yr | |
| 709 | 1-bed | 761 sqft | AED 325KAED 325,000 · Aug 2022August 2022 | 42,000 /yr | |
| 710 | 1-bed | 622 sqft | AED 562KAED 561,638 · Sep 2015September 2015 | 44,500 /yr | |
| 711 | Studio | 352 sqft | AED 491KAED 490,781 · Mar 2011March 2011 | 27,000 /yr | |
| 712 | 1-bed | 664 sqft | AED 490KAED 490,000 · Jun 2024June 2024 | ||
| 713 | 1-bed | 763 sqft | AED 839KAED 839,386 · Jun 2011June 2011 | 66,000 /yr | |
| 714 | 1-bed | 699 sqft | AED 570KAED 570,000 · Aug 2017August 2017 | 50,000 /yr |
701, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 15 September 2015 for AED 603,252, or AED 866 per sqft.
- Rented since September 2015 on 15 Ejari contracts. The rent fell from AED 60,000 to AED 33,000 in 2022 and recovered to AED 54,000 by July 2027.
- At AED 54,000 a year the gross yield on the 2015 price is 8.9%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 20 July 2027.
Questions about 701, Silicon Gates 2
What did unit 701 last sell for?
AED 603,252 on 15 September 2015, sold by the developer: AED 866 per sqft for 696 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 54,000 a year on the contract signed on 20 July 2027. The previous contract, from June 2026, was AED 44,100; the unit has been rented since September 2015.
How big is unit 701?
696 sqft (64.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 701 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 701, Silicon Gates 2
Starts from the last sale price (AED 603K, 15 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 603,252
- Deposit, UAE resident (20%)
- AED 120,650
- Deposit, non-resident (40%)
- AED 241,301
- Monthly over 25 years at 3.7%
- AED 2,468
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →