514, Silicon Gates 2
Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Silicon Gates 2
What is 514 worth today?
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Source: Dubai Land Department. Updated 2 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 353 sqft
- Floor
- 5th of 8
- Parking
- B-18
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 4,400 /yr
- Last sold
- AED 400K · June 2016
- Building
- Silicon Gates 2
About 514, Silicon Gates 2
514 is a studio of 353 sqft on the 5th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 7 June 2016 for AED 400,000, or AED 1,134 per sqft, in line with the AED 1,105 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 2 September 2025, is AED 43,000 a year: a gross yield of 10.8% on the 2016 price, before the service charge of about AED 4,400 a year.
Sales and rents for 514 over time
514 has sold 3 times; 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 514 sits
All 62 studios →514 last sold in June 2016 at AED 1,134 per sqft, in line with what studios in Silicon Gates 2 were fetching at the time (AED 1,105). 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. 514's AED 43,000 is in the upper 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 5th floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 699 sqft | AED 590KAED 590,000 · Apr 2017April 2017 | 47,200 /yr | |
| 502 | Studio | 401 sqft | AED 490KAED 490,202 · Nov 2015November 2015 | 35,000 /yr | |
| 503 | Studio | 367 sqft | AED 380KAED 380,000 · Jul 2025July 2025 | 38,000 /yr | |
| 504 | 1-bed | 617 sqft | AED 365KAED 365,000 · Nov 2022November 2022 | 42,000 /yr | |
| 505 | Studio | 352 sqft | AED 308KAED 308,000 · Mar 2024March 2024 | 36,000 /yr | |
| 506 | 615 sqft | AED 600KAED 600,000 · Aug 2025August 2025 | 45,000 /yr | ||
| 507 | Studio | 387 sqft | AED 428KAED 427,759 · Sep 2016September 2016 | 34,000 /yr | |
| 508 | Studio | 383 sqft | AED 200KAED 200,000 · Oct 2020October 2020 | 50,000 /yr | |
| 509 | 1-bed | 699 sqft | AED 741KAED 741,313 · Nov 2015November 2015 | 50,000 /yr | |
| 510 | 1-bed | 699 sqft | AED 595KAED 594,583 · Sep 2015September 2015 | 50,000 /yr | |
| 511 | Studio | 383 sqft | AED 245KAED 245,000 · Oct 2022October 2022 | 35,200 /yr | |
| 512 | Studio | 387 sqft | AED 250KAED 250,000 · Dec 2024December 2024 | 40,000 /yr | |
| 513 | 1-bed | 622 sqft | AED 400KAED 400,000 · Mar 2024March 2024 | 25,000 /yr | |
| 515 | 1-bed | 622 sqft | AED 645KAED 645,181 · Nov 2015November 2015 | 38,500 /yr | |
| 516 | Studio | 372 sqft | AED 410KAED 410,000 · Nov 2015November 2015 | 45,000 /yr | |
| 517 | Studio | 401 sqft | AED 245KAED 245,101 · Dec 2022December 2022 | 20,000 /yr | |
| 518 | 1-bed | 699 sqft | AED 747KAED 747,329 · Nov 2015November 2015 | 50,000 /yr |
514, Silicon Gates 2 in numbers
- Sold 3 times: first on 28 November 2015 for AED 456,750, last on 7 June 2016 for AED 400,000 (AED 1,134 per sqft).
- Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 32,000 to AED 20,000 in 2020 and recovered to AED 43,000 by September 2025.
- At AED 43,000 a year the gross yield on the 2016 price is 10.8%, before a service charge of about AED 4,400 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 2 September 2025.
Questions about 514, Silicon Gates 2
What did unit 514 last sell for?
AED 400,000 on 7 June 2016: AED 1,134 per sqft for 353 sqft. The unit has 3 registered sales; the first was AED 456,750 in November 2015.
What is the rent for unit 514?
AED 43,000 a year on the contract signed on 2 September 2025. The previous contract, from July 2020, was AED 20,000; the unit has been rented since July 2018.
How big is unit 514?
353 sqft (32.8 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.
What is unit 514 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 514, Silicon Gates 2
Starts from the last sale price (AED 400K, 7 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →