309, Silicon Gates 2
Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Silicon Gates 2
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 699 sqft
- Floor
- 3rd of 8
- Parking
- B-45
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 485K · March 2019
- Building
- Silicon Gates 2
About 309, Silicon Gates 2
309 is a one-bedroom apartment of 699 sqft on the 3rd floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 14 March 2019 for AED 485,000, or AED 693 per sqft, in line with the AED 693 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 40,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 8,700 a year.
Sales and rents for 309 over time
309 has sold twice; 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 309 sits
All 62 1-beds →309 last sold in March 2019 at AED 693 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 693). 309's AED 40,000 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 3rd floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 699 sqft | AED 740KAED 740,000 · Nov 2015November 2015 | 38,000 /yr | |
| 302 | 401 sqft | AED 430KAED 430,000 · Oct 2025October 2025 | 38,000 /yr | ||
| 303 | Studio | 367 sqft | AED 245KAED 245,000 · Oct 2022October 2022 | 27,500 /yr | |
| 304 | 1-bed | 617 sqft | AED 671KAED 671,153 · Jun 2011June 2011 | 45,000 /yr | |
| 305 | Studio | 352 sqft | AED 443KAED 442,874 · Jul 2013July 2013 | 30,000 /yr | |
| 306 | 1-bed | 615 sqft | AED 667KAED 666,819 · Nov 2015November 2015 | 50,000 /yr | |
| 307 | Studio | 387 sqft | AED 233KAED 232,930 · Dec 2015December 2015 | 30,800 /yr | |
| 308 | Studio | 383 sqft | AED 390KAED 390,000 · Jul 2024July 2024 | ||
| 310 | 1-bed | 699 sqft | AED 369KAED 369,067 · Dec 2022December 2022 | 42,350 /yr | |
| 311 | Studio | 191 sqft | AED 462KAED 462,000 · Nov 2015November 2015 | 38,000 /yr | |
| 312 | Studio | 194 sqft | AED 461KAED 461,111 · Nov 2015November 2015 | 29,700 /yr | |
| 313 | 1-bed | 622 sqft | AED 689KAED 689,445 · Mar 2017March 2017 | ||
| 314 | Studio | 353 sqft | AED 290KAED 290,000 · Sep 2023September 2023 | 30,250 /yr | |
| 315 | 1-bed | 311 sqft | AED 683KAED 682,760 · Nov 2015November 2015 | 33,541 /yr | |
| 316 | Studio | 186 sqft | AED 446KAED 446,282 · Nov 2015November 2015 | 29,900 /yr | |
| 317 | Studio | 401 sqft | AED 425KAED 425,000 · Jun 2016June 2016 | 28,000 /yr | |
| 318 | 1-bed | 699 sqft | AED 490KAED 490,000 · Oct 2024October 2024 | 40,000 /yr |
309, Silicon Gates 2 in numbers
- Sold twice: first on 26 October 2015 for AED 734,356, last on 14 March 2019 for AED 485,000 (AED 693 per sqft).
- Rented since September 2015 on 8 Ejari contracts. The rent fell from AED 56,000 to AED 26,000 in 2021 and recovered to AED 40,000 by March 2025.
- At AED 40,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 1 March 2025.
Questions about 309, Silicon Gates 2
What did unit 309 last sell for?
AED 485,000 on 14 March 2019: AED 693 per sqft for 699 sqft. The unit has 2 registered sales; the first was AED 734,356 in October 2015.
What is the rent for unit 309?
AED 40,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 36,000; the unit has been rented since September 2015.
How big is unit 309?
699 sqft (64.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.
What is unit 309 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 309, Silicon Gates 2
Starts from the last sale price (AED 485K, 14 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →