707, Silicon Gates 2
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Silicon Gates 2
What is 707 worth today?
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Source: Dubai Land Department. Updated 8 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 727 sqft
- Floor
- 7th of 8
- Parking
- G-17
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 9,100 /yr
- Last sold
- AED 450K · March 2024
- Building
- Silicon Gates 2
About 707, Silicon Gates 2
707 is a one-bedroom apartment of 727 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 8 March 2024 for AED 450,000, or AED 619 per sqft, in line with the AED 618 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 10 October 2022, is AED 32,400 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 9,100 a year.
Sales and rents for 707 over time
707 has sold twice; 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 707 sits
All 65 1-beds →707 last sold in March 2024 at AED 619 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 618). 707's AED 32,400 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 696 sqft | AED 603KAED 603,252 · Sep 2015September 2015 | 54,000 /yr | |
| 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 | |
| 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 |
707, Silicon Gates 2 in numbers
- Sold twice: first on 9 December 2022 for AED 397,500, last on 8 March 2024 for AED 450,000 (AED 619 per sqft).
- Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 27,000 in 2021 and recovered to AED 32,400 by October 2022.
- At AED 32,400 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 9,100 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 8 March 2024.
Questions about 707, Silicon Gates 2
What did unit 707 last sell for?
AED 450,000 on 8 March 2024: AED 619 per sqft for 727 sqft. The unit has 2 registered sales; the first was AED 397,500 in December 2022.
What is the rent for unit 707?
AED 32,400 a year on the contract renewed on 10 October 2022. The previous contract, from October 2021, was AED 27,000; the unit has been rented since June 2017.
How big is unit 707?
727 sqft (67.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 707 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 707, Silicon Gates 2
Starts from the last sale price (AED 450K, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →