316, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Silicon Gates 2
What is 316 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 186 sqft
- Floor
- 3rd of 8
- Parking
- G-44
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 2,300 /yr
- Last sold
- AED 446K · November 2015
- Building
- Silicon Gates 2
About 316, Silicon Gates 2
316 is a studio of 186 sqft on the 3rd floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 4 November 2015 for AED 446,282, or AED 1,198 per sqft, 12% above the AED 1,066 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 29,900 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 2,300 a year.
Sales and rents for 316 over time
316 has sold once; the dashed line is the studio median of each year in the building.
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 316 sits
All 62 studios →316 last sold in November 2015 at AED 1,198 per sqft, 12% above what studios in Silicon Gates 2 were fetching at the time (AED 1,066). 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. 316's AED 29,900 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 387 sqft | 420,000 | 1,084 | ||
| 25 Jul 202525 July 2025 | 367 sqft | 380,000 | 1,036 | ||
| 9 Jul 20259 July 2025 | 352 sqft | 350,000 | 994 | ||
| 27 Dec 202427 December 2024 | 387 sqft | 395,000 | 1,020 |
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 | ||
| 309 | 1-bed | 699 sqft | AED 485KAED 485,000 · Mar 2019March 2019 | 40,000 /yr | |
| 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 | |
| 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 |
316, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 4 November 2015 for AED 446,282, or AED 1,198 per sqft.
- Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 22,000 to AED 18,000 in 2021 and recovered to AED 29,900 by September 2025.
- At AED 29,900 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 2,300 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 September 2025.
Questions about 316, Silicon Gates 2
What did unit 316 last sell for?
AED 446,282 on 4 November 2015, sold by the developer: AED 1,198 per sqft for 186 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 29,900 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 29,900; the unit has been rented since February 2020.
How big is unit 316?
186 sqft (17.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2014.
What is unit 316 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 316, Silicon Gates 2
Starts from the last sale price (AED 446K, 4 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 446,282
- Deposit, UAE resident (20%)
- AED 89,256
- Deposit, non-resident (40%)
- AED 178,513
- Monthly over 25 years at 3.7%
- AED 1,826
Plus AED 21,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →