1-bed · 664 sqftSilicon Gates 2, Dubai Silicon Oasis · 6th floor · completed 2014

612, Silicon Gates 2

Sold prices and rental history: sold twice, last in October 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 420K18 October 2018
Current rentAED 52K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Silicon Gates 2

What is 612 worth today?

Last sold for AED 420,000 in 2018

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4 Jun 2025RentedNew contract
AED 52,000/yr12 months · AED 79 per sqft
4 Jan 2025RentedNew contract
AED 48,000/yr12 months · AED 72 per sqft
16 Dec 2021RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft
26 Nov 2020RentedRenewal
AED 28,000/yr12 months · AED 43 per sqft
25 Nov 2019RentedRenewal
AED 34,903/yr12 months · AED 53 per sqft
25 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
18 Oct 2018SoldReady
AED 420,000AED 632 per sqft
20 Oct 2017RentedNew contract
AED 46,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
1-bed apartment
Size
664 sqft
Floor
6th of 8
Parking
B-67
Developer
Time Properties
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 420K · October 2018

About 612, Silicon Gates 2

612 is a one-bedroom apartment of 664 sqft on the 6th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 18 October 2018 for AED 420,000, or AED 632 per sqft, in line with the AED 632 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 4 June 2025, is AED 52,000 a year: a gross yield of 12.4% on the 2018 price, before the service charge of about AED 8,300 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical one-bed in Silicon Gates 2
400K600K2011201520192023Typical sale price by year: 2011 AED 687,781; 2015 AED 638,510; 2016 AED 615,000; 2017 AED 590,000; 2018 AED 420,000; 2019 AED 485,000; 2021 AED 338,000; 2022 AED 370,000; 2023 AED 410,000; 2024 AED 465,000; 2025 AED 560,000Sold by developer, November 2015: AED 678,114 (AED 1,021 per sqft)Sold, October 2018: AED 420,000 (AED 632 per sqft)

612 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 612, each contractTypical one-bed in Silicon Gates 2
40K60K2015201820212024Typical rent by year: 2015 AED 60,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 45,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 32,000; 2023 AED 34,680; 2024 AED 42,900; 2025 AED 47,200New contract, April 2015: AED 60,000 a yearNew contract, October 2017: AED 46,000 a yearNew contract, November 2018: AED 40,000 a yearRenewal, November 2019: AED 34,903 a yearRenewal, November 2020: AED 28,000 a yearNew contract, December 2021: AED 27,000 a yearNew contract, January 2025: AED 48,000 a yearNew contract, June 2025: AED 52,000 a year

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 612 sits

All 62 1-beds →

612 last sold in October 2018 at AED 632 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 632). 612's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 2025600,000
5 May 2025560,000
31 Jan 2025520,000
19 Dec 2024525,300
0 1-bed sales 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 6th floor

All 131 units in Silicon Gates 2
Value
6011-bedAED 350K · Jan 2017
6021-bedAED 652K · Oct 2015
6031-bedAED 400K · Mar 2023
604StudioAED 200K · Mar 2024
6051-bedAED 629K · Nov 2015
6061-bedAED 635K · Sep 2015
6071-bedAED 320K · Jun 2021
1–7 of 13

612, Silicon Gates 2 in numbers

  • Sold twice: first on 17 November 2015 for AED 678,114, last on 18 October 2018 for AED 420,000 (AED 632 per sqft).
  • Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 27,000 in 2021 and recovered to AED 52,000 by June 2025.
  • At AED 52,000 a year the gross yield on the 2018 price is 12.4%, before a service charge of about AED 8,300 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 4 June 2025.

Questions about 612, Silicon Gates 2

What did unit 612 last sell for?

AED 420,000 on 18 October 2018: AED 632 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 678,114 in November 2015.

What is the rent for unit 612?

AED 52,000 a year on the contract signed on 4 June 2025. The previous contract, from January 2025, was AED 48,000; the unit has been rented since April 2015.

How big is unit 612?

664 sqft (61.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 612 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 612, Silicon Gates 2

Starts from the last sale price (AED 420K, 18 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

Plus AED 20,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →