Studio · 660 sqftSilicon Gates 2, Dubai Silicon Oasis · 8th floor · completed 2014

812, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 495K18 May 2015
Current rentAED 24K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Silicon Gates 2

What is 812 worth today?

Last sold for AED 494,872 in 2015

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1 Oct 2022RentedNew contract
AED 24,000/yr12 months · AED 36 per sqft
1 Oct 2020RentedNew contract
AED 22,000/yr12 months · AED 34 per sqft
30 Jul 2018RentedRenewal
AED 31,307/yr13 months · AED 48 per sqft
30 Jul 2017RentedNew contract
AED 41,000/yr12 months · AED 62 per sqft
1 Apr 2017RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
18 May 2015Sold by developerOff-plan
AED 494,872AED 750 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
Studio apartment
Size
660 sqft
Floor
8th of 8
Parking
G-36
Developer
Time Properties
Completed
2014
Service charge
AED 8,200 /yr
Last sold
AED 495K · May 2015

About 812, Silicon Gates 2

812 is a studio of 660 sqft on the 8th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 18 May 2015 for AED 494,872, or AED 750 per sqft, 26% below the AED 1,017 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 October 2022, is AED 24,000 a year: a gross yield of 4.9% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 812 over time

Sales
Unit 812, 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, May 2015: AED 494,872 (AED 750 per sqft)

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

Rents
Unit 812, 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, April 2017: AED 45,000 a yearNew contract, July 2017: AED 41,000 a yearRenewal, July 2018: AED 31,307 a yearNew contract, October 2020: AED 22,000 a yearNew contract, October 2022: AED 24,000 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 812 sits

All 64 studios →

812 last sold in May 2015 at AED 750 per sqft, 26% below what studios in Silicon Gates 2 were fetching at the time (AED 1,017). 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. 812's AED 24,000 is at the bottom 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 8th floor

All 131 units in Silicon Gates 2
Value
8012-bedAED 500K · Nov 2020
8022-bedAED 460K · Nov 2020
803StudioAED 220K · Jan 2021
804StudioAED 230K · Aug 2020
805StudioAED 384K · Nov 2015
806StudioAED 305K · Dec 2023
807StudioAED 402K · Apr 2015
1–7 of 12

812, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 18 May 2015 for AED 494,872, or AED 750 per sqft.
  • Rented since April 2017 on 5 Ejari contracts, from AED 45,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2015 price is 4.9%, before a service charge of about AED 8,200 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 1 October 2022.

Questions about 812, Silicon Gates 2

What did unit 812 last sell for?

AED 494,872 on 18 May 2015, sold by the developer: AED 750 per sqft for 660 sqft. It is the only registered sale of the unit.

What is the rent for unit 812?

AED 24,000 a year on the contract signed on 1 October 2022. The previous contract, from October 2020, was AED 22,000; the unit has been rented since April 2017.

How big is unit 812?

660 sqft (61.3 sqm): a studio on the 8th floor of a 8-storey tower completed in 2014.

What is unit 812 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 812, Silicon Gates 2

Starts from the last sale price (AED 495K, 18 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 494,872
Deposit, UAE resident (20%)
AED 98,974
Deposit, non-resident (40%)
AED 197,949
Monthly over 25 years at 3.7%
AED 2,025

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