1-bed · 699 sqftSilicon Gates 2, Dubai Silicon Oasis · 1st floor · completed 2014

109, Silicon Gates 2

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 5 January 2025
Last soldAED 618K11 September 2023
Current rentAED 75K /yr5 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Silicon Gates 2

What is 109 worth today?

Last sold for AED 618,000 in 2023

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5 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft
15 Dec 2023RentedNew contract
AED 72,000/yr12 months · AED 103 per sqft
11 Sep 2023SoldReady
AED 618,000AED 883 per sqft
10 Sep 2021RentedNew contract
AED 26,000/yr12 months · AED 37 per sqft
8 Sep 2019SoldReady
AED 375,000AED 536 per sqft
28 May 2019RentedNew contract
AED 35,000/yr12 months · AED 50 per sqft
25 Feb 2018RentedRenewal
AED 53,500/yr12 months · AED 76 per sqft
25 Feb 2017RentedRenewal
AED 57,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 5 January 2025.

Key facts

Type
1-bed apartment
Size
699 sqft
Floor
1st of 8
Parking
G-10
Developer
Time Properties
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 618K · September 2023

About 109, Silicon Gates 2

109 is a one-bedroom apartment of 699 sqft on the 1st floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 11 September 2023 for AED 618,000, or AED 883 per sqft, 48% above the AED 597 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 5 January 2025, is AED 75,000 a year: a gross yield of 12.1% on the 2023 price, before the service charge of about AED 8,700 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in Silicon Gates 2
400K600K2011201520192023Typical sale price by year: 2011 AED 687,781; 2015 AED 638,510; 2016 AED 615,000; 2017 AED 590,000; 2018 AED 420,000; 2019 AED 485,000; 2021 AED 338,000; 2022 AED 370,000; 2023 AED 410,000; 2024 AED 465,000; 2025 AED 560,000Sold by developer, February 2016: AED 645,000 (AED 922 per sqft)Sold, September 2019: AED 375,000 (AED 536 per sqft)Sold, September 2023: AED 618,000 (AED 883 per sqft)

109 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 109, each contractTypical one-bed in Silicon Gates 2
25K50K75K2015201820212024Typical rent by year: 2015 AED 60,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 45,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 32,000; 2023 AED 34,680; 2024 AED 42,900; 2025 AED 47,200New contract, February 2016: AED 57,000 a yearRenewal, February 2017: AED 57,000 a yearRenewal, February 2018: AED 53,500 a yearNew contract, May 2019: AED 35,000 a yearNew contract, September 2021: AED 26,000 a yearNew contract, December 2023: AED 72,000 a yearNew contract, January 2025: AED 75,000 a year

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 109 sits

All 62 1-beds →

109 last sold in September 2023 at AED 883 per sqft, 48% above what one-beds in Silicon Gates 2 were fetching at the time (AED 597). 109's AED 75,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 2025600,000
5 May 2025560,000
31 Jan 2025520,000
19 Dec 2024525,300
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
8.1%
Silicon Gates 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 131 units in Silicon Gates 2
Value
1011-bedAED 529K · Nov 2015
102StudioAED 390K · Jul 2015
103StudioAED 280K · Sep 2022
1041-bedAED 417K · Nov 2015
105StudioAED 350K · Jul 2025
1061-bedAED 520K · Jan 2025
107StudioAED 258K · Dec 2021
1–7 of 17

109, Silicon Gates 2 in numbers

  • Sold 3 times: first on 3 February 2016 for AED 645,000, last on 11 September 2023 for AED 618,000 (AED 883 per sqft).
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 57,000 to AED 26,000 in 2021 and recovered to AED 75,000 by January 2025.
  • At AED 75,000 a year the gross yield on the 2023 price is 12.1%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 5 January 2025.

Questions about 109, Silicon Gates 2

What did unit 109 last sell for?

AED 618,000 on 11 September 2023: AED 883 per sqft for 699 sqft. The unit has 3 registered sales; the first was AED 645,000 in February 2016.

What is the rent for unit 109?

AED 75,000 a year on the contract signed on 5 January 2025. The previous contract, from December 2023, was AED 72,000; the unit has been rented since February 2016.

How big is unit 109?

699 sqft (64.9 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.

What is unit 109 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 109, Silicon Gates 2

Starts from the last sale price (AED 618K, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 618,000
Deposit, UAE resident (20%)
AED 123,600
Deposit, non-resident (40%)
AED 247,200
Monthly over 25 years at 3.7%
AED 2,528

Plus AED 30,966 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →