C-2403, Silicon Gates 1
Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for C-2403, Silicon Gates 1
What is C-2403 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,085 sqft
- Floor
- 24th of 25
- Parking
- B1-21
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 16,200 /yr
- Last sold
- AED 850K · April 2025
- Building
- Silicon Gates 1
About C-2403, Silicon Gates 1
C-2403 is a two-bedroom apartment of 1,085 sqft on the 24th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 2 April 2025 for AED 850,000, or AED 783 per sqft, 4% above the AED 756 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 53,497 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 16,200 a year.
Sales and rents for C-2403 over time
C-2403 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Silicon Gates 1, and where C-2403 sits
All 85 2-beds →C-2403 last sold in April 2025 at AED 783 per sqft, 4% above what two-beds in Silicon Gates 1 were fetching at the time (AED 756). Over the last 12 months two-beds sold for AED 1,040,000 to 1,250,000, around AED 903 per sqft, and rent for AED 59,513 to 105,000 a year. C-2403's AED 53,497 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 1,222 sqft | 1,040,000 | 851 | ||
| 29 Jul 202529 July 2025 | 1,395 sqft | 1,170,000 | 838 | ||
| 19 Jun 202519 June 2025 | 1,477 sqft | 1,130,000 | 765 | ||
| 4 Jun 20254 June 2025 | 1,294 sqft | 960,000 | 741 |
Silicon Gates 1
Building865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 22 sold in the last 12 months.
- Typical price per sqft
- AED 907 Up 12.7%
- Typical sale
- AED 546K
- Typical rent
- AED 46K /yr
- Typical yield
- 8.9%
Other units on the 24th floor
All 865 units in Silicon Gates 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| A-2401 | Studio | 375 sqft | AED 299KAED 298,707 · Sep 2014September 2014 | 23,000 /yr | |
| A-2402 | 2-bed | 1,173 sqft | AED 979KAED 978,516 · Sep 2014September 2014 | 66,150 /yr | |
| A-2403 | 2-bed | 1,133 sqft | AED 944KAED 943,670 · Aug 2014August 2014 | 66,150 /yr | |
| A-2404 | 1-bed | 708 sqft | AED 580KAED 579,802 · Nov 2014November 2014 | 52,000 /yr | |
| A-2405 | 3-bed | 1,665 sqft | AED 1.29MAED 1,288,187 · Aug 2014August 2014 | 120,000 /yr | |
| C-2401 | Studio | 389 sqft | AED 250KAED 250,000 · Jul 2022July 2022 | 40,000 /yr | |
| C-2402 | 2-bed | 1,174 sqft | AED 640KAED 640,000 · Jul 2023July 2023 | 40,000 /yr | |
| C-2404 | 3-bed | 1,538 sqft | AED 1.24MAED 1,244,082 · Sep 2014September 2014 | 118,000 /yr | |
| C-2405 | 3-bed | 1,867 sqft | AED 1.47MAED 1,466,000 · Nov 2014November 2014 | 95,000 /yr | |
| C-2406 | 1-bed | 780 sqft | AED 675KAED 674,557 · Dec 2014December 2014 | 44,000 /yr | |
| PH-01 | Penthouse | 9,137 sqft | No registered sale | ||
| PH-02 | Penthouse | 9,063 sqft | No registered sale |
C-2403, Silicon Gates 1 in numbers
- Sold twice: first on 25 August 2014 for AED 890,887, last on 2 April 2025 for AED 850,000 (AED 783 per sqft).
- Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 40,000 in 2021 and recovered to AED 53,497 by December 2023.
- At AED 53,497 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 16,200 a year (AED 14.94 per sqft).
- Two-beds in Silicon Gates 1 sold for AED 1,040,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 907 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.
Questions about C-2403, Silicon Gates 1
What did unit C-2403 last sell for?
AED 850,000 on 2 April 2025: AED 783 per sqft for 1,085 sqft. The unit has 2 registered sales; the first was AED 890,887 in August 2014.
What is the rent for unit C-2403?
AED 53,497 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 45,000; the unit has been rented since August 2014.
How big is unit C-2403?
1,085 sqft (100.8 sqm): a two-bedroom apartment on the 24th floor of a 25-storey tower completed in 2014.
What is unit C-2403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Gates 1 sold for AED 1,040,000 to 1,250,000 in the last 12 months, around AED 903 per sqft.
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Mortgage on C-2403, Silicon Gates 1
Starts from the last sale price (AED 850K, 2 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →