Studio · 352 sqftSilicon Gates 2, Dubai Silicon Oasis · 7th floor · completed 2014

711, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 30 June 2025
Last soldAED 491K23 March 2011
Current rentAED 27K /yr30 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Silicon Gates 2

What is 711 worth today?

Last sold for AED 490,781 in 2011

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30 Jun 2025RentedNew contract
AED 27,000/yr12 months · AED 76 per sqft
22 Dec 2023RentedRenewal
AED 25,000/yr12 months · AED 70 per sqft
22 Dec 2022RentedNew contract
AED 25,000/yr12 months · AED 70 per sqft
5 May 2022RentedNew contract
AED 21,941/yr12 months · AED 64 per sqft
5 May 2021RentedNew contract
AED 18,000/yr12 months · AED 51 per sqft
15 Dec 2018RentedNew contract
AED 30,000/yr12 months · AED 84 per sqft
23 Mar 2011Sold by developerOff-plan
AED 490,781AED 1,393 per sqft

Source: Dubai Land Department. Updated 30 June 2025.

Key facts

Type
Studio apartment
Size
352 sqft
Floor
7th of 8
Parking
B-10
Developer
Time Properties
Completed
2014
Service charge
AED 4,400 /yr
Last sold
AED 491K · March 2011

About 711, Silicon Gates 2

711 is a studio of 352 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 23 March 2011 for AED 490,781, or AED 1,393 per sqft, 131% above the AED 604 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 30 June 2025, is AED 27,000 a year: a gross yield of 5.5% on the 2011 price, before the service charge of about AED 4,400 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical studio in Silicon Gates 2
200K400K20102014201820222026Typical sale price by year: 2010 AED 330,567; 2011 AED 449,400; 2013 AED 428,436; 2014 AED 373,000; 2015 AED 409,500; 2016 AED 400,000; 2017 AED 375,000; 2018 AED 320,000; 2020 AED 215,000; 2021 AED 245,500; 2022 AED 245,101; 2023 AED 329,122; 2024 AED 335,000; 2025 AED 400,000Sold by developer, March 2011: AED 490,781 (AED 1,393 per sqft)

711 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 711, each contractTypical studio in Silicon Gates 2
20K40K20152018202120242027Typical rent by year: 2015 AED 41,500; 2016 AED 40,000; 2017 AED 38,000; 2018 AED 31,404; 2019 AED 28,000; 2020 AED 22,000; 2021 AED 19,000; 2022 AED 24,000; 2023 AED 28,000; 2024 AED 30,442; 2025 AED 35,350; 2026 AED 34,000New contract, December 2018: AED 30,000 a yearNew contract, May 2021: AED 18,000 a yearNew contract, May 2022: AED 21,941 a yearNew contract, December 2022: AED 25,000 a yearRenewal, December 2023: AED 25,000 a yearNew contract, June 2025: AED 27,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 2, and where 711 sits

All 64 studios →

711 last sold in March 2011 at AED 1,393 per sqft, 131% above what studios in Silicon Gates 2 were fetching at the time (AED 604). Over the last 12 months studios sold for AED 420,000, around AED 1,084 per sqft, and rent for AED 26,000 to 48,000 a year. 711's AED 27,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Dec 2025420,000
17 Oct 2025430,000
25 Jul 2025380,000
9 Jul 2025350,000
1 studio sale 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
7061-bedAED 427K · Mar 2020
7071-bedAED 450K · Mar 2024
1–7 of 13

711, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 23 March 2011 for AED 490,781, or AED 1,393 per sqft.
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 18,000 in 2021 and recovered to AED 27,000 by June 2025.
  • At AED 27,000 a year the gross yield on the 2011 price is 5.5%, before a service charge of about AED 4,400 a year (AED 12.49 per sqft).
  • Studios in Silicon Gates 2 sold for AED 420,000–420,000 in the 12 months to November 2026; the building's median across all types is AED 1,084 per sqft.

Source: Dubai Land Department. Updated 30 June 2025.

Questions about 711, Silicon Gates 2

What did unit 711 last sell for?

AED 490,781 on 23 March 2011, sold by the developer: AED 1,393 per sqft for 352 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 27,000 a year on the contract signed on 30 June 2025. The previous contract, from December 2023, was AED 25,000; the unit has been rented since December 2018.

How big is unit 711?

352 sqft (32.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.

What is unit 711 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 2 sold for AED 420,000 to 420,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 711, Silicon Gates 2

Starts from the last sale price (AED 491K, 23 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 490,781
Deposit, UAE resident (20%)
AED 98,156
Deposit, non-resident (40%)
AED 196,312
Monthly over 25 years at 3.7%
AED 2,008

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