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1-bed · 615 sqftSilicon Gates 2, Dubai Silicon Oasis · 2nd floor · completed 2014

206, Silicon Gates 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 370K31 October 2023
Current rentAED 42K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Silicon Gates 2

What is 206 worth today?

Last sold for AED 370,000 in 2023

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1 Mar 2025RentedNew contract
AED 42,350/yr12 months · AED 69 per sqft
1 Mar 2024RentedNew contract
AED 38,500/yr12 months · AED 63 per sqft
31 Oct 2023SoldReady
AED 370,000AED 601 per sqft
20 Feb 2023RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
1 Feb 2022RentedRenewal
AED 24,000/yr12 months · AED 39 per sqft
1 Feb 2021RentedRenewal
AED 24,000/yr12 months · AED 39 per sqft
8 Dec 2016SoldReady
AED 500,000AED 812 per sqft
28 Oct 2015Sold by developerOff-plan
AED 617,023AED 1,002 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
615 sqft
Floor
2nd of 8
Parking
G-21
Developer
Time Properties
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 370K · October 2023
Building
Silicon Gates 2

About 206, Silicon Gates 2

206 is a one-bedroom apartment of 615 sqft on the 2nd floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 31 October 2023 for AED 370,000, or AED 601 per sqft, in line with the AED 601 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 March 2025, is AED 42,350 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 7,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, October 2015: AED 617,023 (AED 1,002 per sqft)Sold, December 2016: AED 500,000 (AED 812 per sqft)Sold, October 2023: AED 370,000 (AED 601 per sqft)

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

Rents
Unit 206, each contractTypical one-bed in Silicon Gates 2
20K40K60K2015201820212024Typical 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 47,200Renewal, February 2021: AED 24,000 a yearRenewal, February 2022: AED 24,000 a yearNew contract, February 2023: AED 30,000 a yearNew contract, March 2024: AED 38,500 a yearNew contract, March 2025: AED 42,350 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 206 sits

All 62 1-beds →

206 last sold in October 2023 at AED 601 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 601). 206's AED 42,350 is in the lower half 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 2nd floor

All 131 units in Silicon Gates 2
Value
2011-bedAED 685K · Jul 2013
202StudioAED 450K · Feb 2010
203StudioAED 410K · Nov 2015
2041-bedAED 480K · Nov 2024
205StudioAED 245K · Oct 2019
207StudioAED 395K · Dec 2024
208StudioAED 425K · Nov 2015
1–7 of 17

206, Silicon Gates 2 in numbers

  • Sold 3 times: first on 28 October 2015 for AED 617,023, last on 31 October 2023 for AED 370,000 (AED 601 per sqft).
  • Rented since February 2021 on 5 Ejari contracts, from AED 24,000 to AED 42,350 a year.
  • At AED 42,350 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 7,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 206, Silicon Gates 2

What did unit 206 last sell for?

AED 370,000 on 31 October 2023: AED 601 per sqft for 615 sqft. The unit has 3 registered sales; the first was AED 617,023 in October 2015.

What is the rent for unit 206?

AED 42,350 a year on the contract signed on 1 March 2025. The previous contract, from March 2024, was AED 38,500; the unit has been rented since February 2021.

How big is unit 206?

615 sqft (57.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 206 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 206, Silicon Gates 2

Starts from the last sale price (AED 370K, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

Plus AED 18,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →