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2-bed · 1,200 sqftSilicon Gates 1, Dubai Silicon Oasis · 2nd floor · completed 2014

C204, Silicon Gates 1

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C204 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 408K12 January 2015
Current rentAED 77K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C204, Silicon Gates 1

What is C204 worth today?

Last sold for AED 408,000 in 2015

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20 Feb 2025RentedNew contract
AED 77,000/yr12 months · AED 64 per sqft
1 May 2021RentedNew contract
AED 48,000/yr12 months · AED 40 per sqft
20 Apr 2020RentedRenewal
AED 48,000/yr12 months · AED 40 per sqft
20 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
29 Jan 2018RentedRenewal
AED 78,000/yr12 months · AED 65 per sqft
28 Jan 2016RentedNew contract
AED 95,000/yr12 months · AED 79 per sqft
28 Jan 2015RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
12 Jan 2015SoldReady
AED 408,000AED 339 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed apartment
Size
1,200 sqft
Floor
2nd of 25
Parking
B3-18
Developer
Time Properties
Completed
2014
Service charge
AED 17,900 /yr
Last sold
AED 408K · January 2015
Building
Silicon Gates 1

About C204, Silicon Gates 1

C204 is a two-bedroom apartment of 1,200 sqft on the 2nd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 12 January 2015 for AED 408,000, or AED 339 per sqft, 59% below the AED 821 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 20 February 2025, is AED 77,000 a year: a gross yield of 18.9% on the 2015 price, before the service charge of about AED 17,900 a year.

Sales and rents for C204 over time

Sales
Unit C204, each saleTypical two-bed in Silicon Gates 1
500K1M2009201420192024Typical sale price by year: 2009 AED 1,014,000; 2013 AED 978,516; 2014 AED 996,503; 2015 AED 982,000; 2016 AED 874,000; 2020 AED 555,000; 2021 AED 709,000; 2022 AED 735,000; 2023 AED 690,000; 2024 AED 955,000; 2025 AED 950,000Sold by developer, July 2009: AED 408,000 (AED 339 per sqft)Sold, January 2015: AED 408,000 (AED 339 per sqft)

C204 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C204, each contractTypical two-bed in Silicon Gates 1
50K75K100K20142017202020232026Typical rent by year: 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 67,500; 2020 AED 55,000; 2021 AED 49,733; 2022 AED 55,100; 2023 AED 60,011; 2024 AED 67,000; 2025 AED 71,500New contract, January 2015: AED 95,000 a yearNew contract, January 2016: AED 95,000 a yearRenewal, January 2018: AED 78,000 a yearNew contract, April 2019: AED 65,000 a yearRenewal, April 2020: AED 48,000 a yearNew contract, May 2021: AED 48,000 a yearNew contract, February 2025: AED 77,000 a year

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 C204 sits

All 85 2-beds →

C204 last sold in January 2015 at AED 339 per sqft, 59% below what two-beds in Silicon Gates 1 were fetching at the time (AED 821). 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. C204's AED 77,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Dec 20251,040,000
29 Jul 20251,170,000
19 Jun 20251,130,000
4 Jun 2025960,000
2 2-bed sales in the last 12 months

Silicon Gates 1

Building

865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 23 sold in the last 12 months.

Typical price per sqft
AED 937 Up 16.5%
Typical sale
AED 545K
Typical rent
AED 46K /yr
Typical yield
8.6%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 865 units in Silicon Gates 1
Value
A2012-bedNo registered sale
A202StudioAED 349K · Aug 2014
A203AStudioAED 330K · Oct 2014
A203BStudioAED 350K · Dec 2023
A2041-bedAED 461K · Aug 2014
A205A1-bedAED 650K · May 2024
A205BStudioAED 295K · Aug 2014
1–7 of 41

C204, Silicon Gates 1 in numbers

  • Sold twice: first on 13 July 2009 for AED 408,000, last on 12 January 2015 for AED 408,000 (AED 339 per sqft).
  • Rented since January 2015 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 48,000 in 2021 and recovered to AED 77,000 by February 2025.
  • At AED 77,000 a year the gross yield on the 2015 price is 18.9%, before a service charge of about AED 17,900 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 937 per sqft.

Source: Dubai Land Department. Updated 20 February 2025.

Questions about C204, Silicon Gates 1

What did unit C204 last sell for?

AED 408,000 on 12 January 2015: AED 339 per sqft for 1,200 sqft. The unit has 2 registered sales; the first was AED 408,000 in July 2009.

What is the rent for unit C204?

AED 77,000 a year on the contract signed on 20 February 2025. The previous contract, from May 2021, was AED 48,000; the unit has been rented since January 2015.

How big is unit C204?

1,200 sqft (111.5 sqm): a two-bedroom apartment on the 2nd floor of a 25-storey tower completed in 2014.

What is unit C204 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 C204, Silicon Gates 1

Starts from the last sale price (AED 408K, 12 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 408,000
Deposit, UAE resident (20%)
AED 81,600
Deposit, non-resident (40%)
AED 163,200
Monthly over 25 years at 3.7%
AED 1,669

Plus AED 20,046 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →