1-bed · 664 sqftSilicon Gates 2, Dubai Silicon Oasis · 7th floor · completed 2014

712, Silicon Gates 2

Sold prices and rental history: sold 4 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 490K19 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Silicon Gates 2

What is 712 worth today?

Last sold for AED 490,000 in 2024

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19 Jun 2024SoldReady
AED 490,000AED 737 per sqft
11 Sep 2023SoldReady
AED 400,000AED 602 per sqft
28 Jan 2022SoldReady
AED 385,312AED 580 per sqft
26 Jul 2016Sold by developerReady
AED 500,000AED 752 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
1-bed apartment
Size
664 sqft
Floor
7th of 8
Parking
G-26
Developer
Time Properties
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 490K · June 2024

About 712, Silicon Gates 2

712 is a one-bedroom apartment of 664 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 19 June 2024 for AED 490,000, or AED 737 per sqft, 15% above the AED 643 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 712 over time

Sales
Unit 712, 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, July 2016: AED 500,000 (AED 752 per sqft)Sold, January 2022: AED 385,312 (AED 580 per sqft)Sold, September 2023: AED 400,000 (AED 602 per sqft)Sold, June 2024: AED 490,000 (AED 737 per sqft)

712 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 712, each contractTypical one-bed in Silicon Gates 2
40K60K20152018202120242027Typical 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 47,000

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 712 sits

All 65 1-beds →

712 last sold in June 2024 at AED 737 per sqft, 15% above what one-beds in Silicon Gates 2 were fetching at the time (AED 643).

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
7061-bedAED 427K · Mar 2020
7071-bedAED 450K · Mar 2024
1–7 of 13

712, Silicon Gates 2 in numbers

  • Sold 4 times: first on 26 July 2016 for AED 500,000, last on 19 June 2024 for AED 490,000 (AED 737 per sqft).

Source: Dubai Land Department. Updated 19 June 2024.

Questions about 712, Silicon Gates 2

What did unit 712 last sell for?

AED 490,000 on 19 June 2024: AED 737 per sqft for 664 sqft. The unit has 4 registered sales; the first was AED 500,000 in July 2016.

How big is unit 712?

664 sqft (61.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 712 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 712, Silicon Gates 2

Starts from the last sale price (AED 490K, 19 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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