1-bed · 763 sqftSilicon Gates 2, Dubai Silicon Oasis · 7th floor · completed 2014

702, Silicon Gates 2

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 21 January 2026
Last soldAED 405K6 April 2022
Current rentAED 54K /yr21 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Silicon Gates 2

What is 702 worth today?

Last sold for AED 405,000 in 2022

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21 Jan 2026RentedRenewal
AED 53,500/yr12 months · AED 70 per sqft
21 Jan 2025RentedNew contract
AED 52,000/yr12 months · AED 68 per sqft
21 Jan 2025RentedNew contract
AED 52,000/yr12 months · AED 68 per sqft
21 Jan 2024RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
10 Dec 2022RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
6 Apr 2022SoldReady
AED 405,000AED 530 per sqft
1 Sep 2021RentedNew contract
AED 24,000/yr13 months · AED 31 per sqft
1 Aug 2019RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 21 January 2026.

Key facts

Type
1-bed apartment
Size
763 sqft
Floor
7th of 8
Parking
B-61
Developer
Time Properties
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 405K · April 2022

About 702, Silicon Gates 2

702 is a one-bedroom apartment of 763 sqft on the 7th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 6 April 2022 for AED 405,000, or AED 530 per sqft, in line with the AED 536 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 21 January 2026, is AED 53,500 a year: a gross yield of 13.2% on the 2022 price, before the service charge of about AED 9,500 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, September 2015: AED 652,000 (AED 854 per sqft)Sold, January 2018: AED 505,000 (AED 661 per sqft)Sold, April 2022: AED 405,000 (AED 530 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Silicon Gates 2
20K40K60K20152018202120242027Typical 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, October 2015: AED 60,000 a yearNew contract, November 2016: AED 54,000 a yearNew contract, January 2018: AED 45,000 a yearNew contract, February 2018: AED 45,000 a yearRenewal, January 2019: AED 45,000 a yearNew contract, August 2019: AED 35,000 a yearNew contract, September 2021: AED 24,000 a yearNew contract, December 2022: AED 35,000 a yearNew contract, January 2024: AED 45,000 a yearNew contract, January 2025: AED 52,000 a yearNew contract, January 2025: AED 52,000 a yearRenewal, January 2026: AED 53,500 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 702 sits

All 65 1-beds →

702 last sold in April 2022 at AED 530 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 536). 702's AED 53,500 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 7th floor

All 131 units in Silicon Gates 2
Value
7011-bedAED 603K · Sep 2015
7031-bedAED 726K · May 2016
704StudioAED 363K · Apr 2016
7051-bedAED 530K · Aug 2016
7061-bedAED 427K · Mar 2020
7071-bedAED 450K · Mar 2024
7081-bedAED 560K · May 2025
1–7 of 13

702, Silicon Gates 2 in numbers

  • Sold 3 times: first on 21 September 2015 for AED 652,000, last on 6 April 2022 for AED 405,000 (AED 530 per sqft).
  • Rented since October 2015 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 24,000 in 2021 and recovered to AED 53,500 by January 2026.
  • At AED 53,500 a year the gross yield on the 2022 price is 13.2%, before a service charge of about AED 9,500 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 21 January 2026.

Questions about 702, Silicon Gates 2

What did unit 702 last sell for?

AED 405,000 on 6 April 2022: AED 530 per sqft for 763 sqft. The unit has 3 registered sales; the first was AED 652,000 in September 2015.

What is the rent for unit 702?

AED 53,500 a year on the contract renewed on 21 January 2026. The previous contract, from January 2025, was AED 52,000; the unit has been rented since October 2015.

How big is unit 702?

763 sqft (70.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 702 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 702, Silicon Gates 2

Starts from the last sale price (AED 405K, 6 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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