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

209, Silicon Gates 2

Sold prices and rental history: sold 3 times, last in February 2023, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 410K21 February 2023
Current rentAED 78K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, Silicon Gates 2

What is 209 worth today?

Last sold for AED 410,000 in 2023

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20 Feb 2025RentedNew contract
AED 78,000/yr12 months · AED 112 per sqft
21 Feb 2023SoldReady
AED 410,000AED 586 per sqft
9 Sep 2022SoldReady
AED 380,000AED 543 per sqft
13 Jan 2021Sold by developerReady
AED 339,500AED 485 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
1-bed apartment
Size
699 sqft
Floor
2nd of 8
Parking
G-22
Developer
Time Properties
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 410K · February 2023
Building
Silicon Gates 2

About 209, Silicon Gates 2

209 is a one-bedroom apartment of 699 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 21 February 2023 for AED 410,000, or AED 586 per sqft, 8% above the AED 545 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2025. The current contract, signed on 20 February 2025, is AED 78,000 a year: a gross yield of 19.0% on the 2023 price, before the service charge of about AED 8,700 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, January 2021: AED 339,500 (AED 485 per sqft)Sold, September 2022: AED 380,000 (AED 543 per sqft)Sold, February 2023: AED 410,000 (AED 586 per sqft)

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

Rents
Unit 209, 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 2025: AED 78,000 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 209 sits

All 62 1-beds →

209 last sold in February 2023 at AED 586 per sqft, 8% above what one-beds in Silicon Gates 2 were fetching at the time (AED 545). 209's AED 78,000 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 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
2061-bedAED 370K · Oct 2023
207StudioAED 395K · Dec 2024
1–7 of 17

209, Silicon Gates 2 in numbers

  • Sold 3 times: first on 13 January 2021 for AED 339,500, last on 21 February 2023 for AED 410,000 (AED 586 per sqft).
  • Rented since February 2025 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 19.0%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 20 February 2025.

Questions about 209, Silicon Gates 2

What did unit 209 last sell for?

AED 410,000 on 21 February 2023: AED 586 per sqft for 699 sqft. The unit has 3 registered sales; the first was AED 339,500 in January 2021.

What is the rent for unit 209?

AED 78,000 a year on the contract signed on 20 February 2025.

How big is unit 209?

699 sqft (64.9 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 209 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 209, Silicon Gates 2

Starts from the last sale price (AED 410K, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →