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Studio · 401 sqftSilicon Gates 2, Dubai Silicon Oasis · 2nd floor · completed 2014

217, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in November 2015, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 1 August 2017
Last soldAED 450K16 November 2015
Current rentAED 35K /yr1 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 217, Silicon Gates 2

What is 217 worth today?

Last sold for AED 450,096 in 2015

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1 Aug 2017RentedNew contract
AED 35,000/yr12 months · AED 88 per sqft
16 Nov 2015Sold by developerOff-plan
AED 450,096AED 1,123 per sqft

Source: Dubai Land Department. Updated 1 August 2017.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
2nd of 8
Parking
G-54
Developer
Time Properties
Completed
2014
Service charge
AED 5,000 /yr
Last sold
AED 450K · November 2015
Building
Silicon Gates 2

About 217, Silicon Gates 2

217 is a studio of 401 sqft on the 2nd floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 16 November 2015 for AED 450,096, or AED 1,123 per sqft, 5% above the AED 1,068 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2017. The current contract, signed on 1 August 2017, is AED 35,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 5,000 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical studio in Silicon Gates 2
200K400K20102014201820222026Typical sale price by year: 2010 AED 330,567; 2011 AED 449,400; 2013 AED 428,436; 2014 AED 373,000; 2015 AED 405,563; 2016 AED 400,000; 2017 AED 375,000; 2018 AED 320,000; 2020 AED 215,000; 2021 AED 245,500; 2022 AED 245,101; 2023 AED 353,244; 2024 AED 335,000; 2025 AED 380,000Sold by developer, November 2015: AED 450,096 (AED 1,123 per sqft)

217 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 217, each contractTypical studio in Silicon Gates 2
20K40K20152018202120242027Typical rent by year: 2015 AED 42,000; 2016 AED 40,000; 2017 AED 38,000; 2018 AED 31,750; 2019 AED 27,750; 2020 AED 22,000; 2021 AED 19,000; 2022 AED 24,000; 2023 AED 28,000; 2024 AED 30,800; 2025 AED 35,100; 2026 AED 38,000New contract, August 2017: AED 35,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 2, and where 217 sits

All 62 studios →

217 last sold in November 2015 at AED 1,123 per sqft, 5% above what studios in Silicon Gates 2 were fetching at the time (AED 1,068). Over the last 12 months studios sold for AED 420,000, around AED 1,084 per sqft, and rent for AED 26,000 to 45,000 a year. 217's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Dec 2025420,000
25 Jul 2025380,000
9 Jul 2025350,000
27 Dec 2024395,000
1 studio sale 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

217, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 16 November 2015 for AED 450,096, or AED 1,123 per sqft.
  • Rented since August 2017 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 5,000 a year (AED 12.49 per sqft).
  • Studios in Silicon Gates 2 sold for AED 420,000–420,000 in the 12 months to November 2026; the building's median across all types is AED 1,084 per sqft.

Source: Dubai Land Department. Updated 1 August 2017.

Questions about 217, Silicon Gates 2

What did unit 217 last sell for?

AED 450,096 on 16 November 2015, sold by the developer: AED 1,123 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 35,000 a year on the contract signed on 1 August 2017.

How big is unit 217?

401 sqft (37.3 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 217 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 2 sold for AED 420,000 to 420,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 217, Silicon Gates 2

Starts from the last sale price (AED 450K, 16 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 450,096
Deposit, UAE resident (20%)
AED 90,019
Deposit, non-resident (40%)
AED 180,038
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,814 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →