218, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, Silicon Gates 2
What is 218 worth today?
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Source: Dubai Land Department. Updated 28 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 699 sqft
- Floor
- 2nd of 8
- Parking
- B-51
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 685K · September 2011
- Building
- Silicon Gates 2
About 218, Silicon Gates 2
218 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. The developer sold it on 13 September 2011 for AED 684,561, or AED 979 per sqft, 5% below the AED 1,033 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 28 December 2024, is AED 47,000 a year: a gross yield of 6.9% on the 2011 price, before the service charge of about AED 8,700 a year.
Sales and rents for 218 over time
218 has sold once; the dashed line is the one-bed median of each year in the building.
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 218 sits
All 62 1-beds →218 last sold in September 2011 at AED 979 per sqft, 5% below what one-beds in Silicon Gates 2 were fetching at the time (AED 1,033). 218's AED 47,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jun 202511 June 2025 | 699 sqft | 600,000 | 858 | ||
| 5 May 20255 May 2025 | 789 sqft | 560,000 | 710 | ||
| 31 Jan 202531 January 2025 | 615 sqft | 520,000 | 845 | ||
| 19 Dec 202419 December 2024 | 598 sqft | 525,300 | 878 |
Silicon Gates 2
Building131 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%
Other units on the 2nd floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 699 sqft | AED 685KAED 684,561 · Jul 2013July 2013 | ||
| 202 | Studio | 401 sqft | AED 450KAED 450,000 · Feb 2010February 2010 | 30,000 /yr | |
| 203 | Studio | 367 sqft | AED 410KAED 409,500 · Nov 2015November 2015 | ||
| 204 | 1-bed | 617 sqft | AED 480KAED 480,000 · Nov 2024November 2024 | 74,760 /yr | |
| 205 | Studio | 352 sqft | AED 245KAED 245,000 · Oct 2019October 2019 | 35,000 /yr | |
| 206 | 1-bed | 615 sqft | AED 370KAED 370,000 · Oct 2023October 2023 | 42,350 /yr | |
| 207 | Studio | 387 sqft | AED 395KAED 395,000 · Dec 2024December 2024 | 31,500 /yr | |
| 208 | Studio | 383 sqft | AED 425KAED 425,309 · Nov 2015November 2015 | 27,000 /yr | |
| 209 | 1-bed | 699 sqft | AED 410KAED 410,000 · Feb 2023February 2023 | 78,000 /yr | |
| 210 | 699 sqft | AED 550KAED 550,000 · Oct 2025October 2025 | 51,000 /yr | ||
| 211 | Studio | 383 sqft | AED 200KAED 200,000 · Oct 2020October 2020 | 21,000 /yr | |
| 212 | Studio | 387 sqft | AED 420KAED 420,000 · Dec 2025December 2025 | 33,600 /yr | |
| 213 | 1-bed | 622 sqft | AED 475KAED 475,000 · May 2017May 2017 | 41,000 /yr | |
| 214 | Studio | 353 sqft | AED 233KAED 233,000 · Sep 2021September 2021 | 29,700 /yr | |
| 215 | 1-bed | 622 sqft | AED 525KAED 525,000 · Mar 2016March 2016 | 45,000 /yr | |
| 216 | Studio | 372 sqft | AED 325KAED 325,000 · Jul 2024July 2024 | 24,000 /yr | |
| 217 | Studio | 401 sqft | AED 450KAED 450,096 · Nov 2015November 2015 | 35,000 /yr |
218, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 13 September 2011 for AED 684,561, or AED 979 per sqft.
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 28,000 in 2021 and recovered to AED 47,000 by December 2024.
- At AED 47,000 a year the gross yield on the 2011 price is 6.9%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 28 December 2024.
Questions about 218, Silicon Gates 2
What did unit 218 last sell for?
AED 684,561 on 13 September 2011, sold by the developer: AED 979 per sqft for 699 sqft. It is the only registered sale of the unit.
What is the rent for unit 218?
AED 47,000 a year on the contract renewed on 28 December 2024. The previous contract, from December 2023, was AED 38,500; the unit has been rented since November 2017.
How big is unit 218?
699 sqft (64.9 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.
What is unit 218 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 218, Silicon Gates 2
Starts from the last sale price (AED 685K, 13 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 684,561
- Deposit, UAE resident (20%)
- AED 136,912
- Deposit, non-resident (40%)
- AED 273,824
- Monthly over 25 years at 3.7%
- AED 2,801
Plus AED 33,761 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →