C-2404, Silicon Gates 1
Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for C-2404, Silicon Gates 1
What is C-2404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,538 sqft
- Floor
- 24th of 25
- Parking
- B1-122,B1-123
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 23,000 /yr
- Last sold
- AED 1.24M · September 2014
- Building
- Silicon Gates 1
About C-2404, Silicon Gates 1
C-2404 is a three-bedroom apartment of 1,538 sqft on the 24th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 18 September 2014 for AED 1,244,082, or AED 809 per sqft, 7% below the AED 870 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 21 January 2026, is AED 118,000 a year: a gross yield of 9.5% on the 2014 price, before the service charge of about AED 23,000 a year.
Sales and rents for C-2404 over time
C-2404 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Silicon Gates 1, and where C-2404 sits
All 27 3-beds →C-2404 last sold in September 2014 at AED 809 per sqft, 7% below what three-beds in Silicon Gates 1 were fetching at the time (AED 870). Over the last 12 months three-beds sold for AED 1,400,000, around AED 937 per sqft, and rent for AED 118,000 to 120,000 a year. C-2404's AED 118,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 1,709 sqft | 1,560,000 | 912 | ||
| 24 Sep 202424 September 2024 | 2,160 sqft | 1,330,000 | 615 | ||
| 24 Sep 202424 September 2024 | 2,160 sqft | 1,576,000 | 729 | ||
| 2 Jul 20242 July 2024 | 1,533 sqft | 1,100,000 | 717 |
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-2403 | 2-bed | 1,085 sqft | AED 850KAED 850,000 · Apr 2025April 2025 | 53,497 /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-2404, Silicon Gates 1 in numbers
- Sold once: by Time Properties on 18 September 2014 for AED 1,244,082, or AED 809 per sqft.
- Rented since July 2015 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 118,000 by January 2026.
- At AED 118,000 a year the gross yield on the 2014 price is 9.5%, before a service charge of about AED 23,000 a year (AED 14.94 per sqft).
- Three-beds in Silicon Gates 1 sold for AED 1,400,000–1,400,000 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 21 January 2026.
Questions about C-2404, Silicon Gates 1
What did unit C-2404 last sell for?
AED 1,244,082 on 18 September 2014, sold by the developer: AED 809 per sqft for 1,538 sqft. It is the only registered sale of the unit.
What is the rent for unit C-2404?
AED 118,000 a year on the contract signed on 21 January 2026. The previous contract, from April 2024, was AED 109,000; the unit has been rented since July 2015.
How big is unit C-2404?
1,538 sqft (142.9 sqm): a three-bedroom apartment on the 24th floor of a 25-storey tower completed in 2014.
What is unit C-2404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silicon Gates 1 sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 937 per sqft.
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Mortgage on C-2404, Silicon Gates 1
Starts from the last sale price (AED 1.24M, 18 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,244,082
- Deposit, UAE resident (20%)
- AED 248,816
- Deposit, non-resident (40%)
- AED 497,633
- Monthly over 25 years at 3.7%
- AED 5,090
Plus AED 57,261 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →