1-bed · 761 sqftSilicon Gates 2, Dubai Silicon Oasis · 7th floor · completed 2014

706, Silicon Gates 2

Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 18 May 2026
Last soldAED 427K5 March 2020
Current rentAED 45K /yr18 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Silicon Gates 2

What is 706 worth today?

Last sold for AED 427,223 in 2020

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18 May 2026RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
18 May 2026RentedRenewal
AED 45,000/yr12 months · AED 59 per sqft
18 May 2025RentedRenewal
AED 45,000/yr12 months · AED 59 per sqft
18 May 2025RentedRenewal
AED 45,000/yr12 months · AED 59 per sqft
18 May 2024RentedNew contract
AED 42,000/yr12 months · AED 55 per sqft
18 May 2023RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
18 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 39 per sqft
18 Apr 2021RentedNew contract
AED 25,000/yr12 months · AED 33 per sqft

Source: Dubai Land Department. Updated 18 May 2026.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
7th of 8
Parking
G-14
Developer
Time Properties
Completed
2014
Service charge
AED 9,500 /yr
Last sold
AED 427K · March 2020

About 706, Silicon Gates 2

706 is a one-bedroom apartment of 761 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 5 March 2020 for AED 427,223, or AED 561 per sqft, in line with the AED 561 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 18 May 2026, is AED 45,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 9,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Silicon Gates 2
400K600K20102014201820222026Typical 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, October 2010: AED 427,223 (AED 561 per sqft)Sold, March 2020: AED 427,223 (AED 561 per sqft)

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

Rents
Unit 706, 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, April 2017: AED 60,000 a yearNew contract, April 2021: AED 25,000 a yearRenewal, April 2022: AED 30,000 a yearNew contract, May 2023: AED 38,000 a yearNew contract, May 2024: AED 42,000 a yearRenewal, May 2025: AED 45,000 a yearRenewal, May 2025: AED 45,000 a yearNew contract, May 2026: AED 45,000 a yearRenewal, May 2026: AED 45,000 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 706 sits

All 65 1-beds →

706 last sold in March 2020 at AED 561 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 561). 706's AED 45,000 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 7th floor

All 131 units in Silicon Gates 2
Value
7011-bedAED 603K · Sep 2015
7021-bedAED 405K · Apr 2022
7031-bedAED 726K · May 2016
704StudioAED 363K · Apr 2016
7051-bedAED 530K · Aug 2016
7071-bedAED 450K · Mar 2024
7081-bedAED 560K · May 2025
1–7 of 13

706, Silicon Gates 2 in numbers

  • Sold twice: first on 17 October 2010 for AED 427,223, last on 5 March 2020 for AED 427,223 (AED 561 per sqft).
  • Rented since April 2017 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 25,000 in 2021 and recovered to AED 45,000 by May 2026.
  • At AED 45,000 a year the gross yield on the 2020 price is 10.5%, before a service charge of about AED 9,500 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 18 May 2026.

Questions about 706, Silicon Gates 2

What did unit 706 last sell for?

AED 427,223 on 5 March 2020: AED 561 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 427,223 in October 2010.

What is the rent for unit 706?

AED 45,000 a year on the contract signed on 18 May 2026. The previous contract, from May 2026, was AED 45,000; the unit has been rented since April 2017.

How big is unit 706?

761 sqft (70.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 706 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 706, Silicon Gates 2

Starts from the last sale price (AED 427K, 5 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 427,223
Deposit, UAE resident (20%)
AED 85,445
Deposit, non-resident (40%)
AED 170,889
Monthly over 25 years at 3.7%
AED 1,748

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