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Building · Transactions · 2023

Silicon Gate2 Property Transactions 2023

13 property sales worth ⃃ 5.36M were registered in Silicon Gate2 in 2023, 27.8% lower than 2022 by number of sales. The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 750 (+23.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 13 salesUpdated: 14 Nov 2026
Property sales
13
−27.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 5.36M
−7.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 400,000
+22.1% vs 2022
13 sales
Median price per sq ft
⃃ 750
+23.9% vs 2022
13 sales

What types of property sold in Silicon Gate2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments13100%⃃ 5.36M⃃ 400,000⃃ 750

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)17.7%⃃ 400K⃃ 400,000⃃ 607
Resale (secondary)1292.3%⃃ 4.96M⃃ 390,000⃃ 751
Ready13100%⃃ 5.36M⃃ 400,000⃃ 750

How many rental contracts were registered in Silicon Gate2 in 2023?

82 rental contracts (new and renewed) were registered in Silicon Gate2 in 2023, at a median annual rent of ⃃ 32,000 (+18.5% on 2022). Rental yields in Silicon Gate2

What were the most expensive property sales in Silicon Gate2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/09/2023Silicon Gate21 bed · Apartment699 sq ft⃃ 618,000Resale · Ready
09/02/2023Silicon Gate21 bed · Apartment699 sq ft⃃ 526,000Resale · Ready
22/06/2023Silicon Gate21 bed · Apartment699 sq ft⃃ 524,400Resale · Ready
18/10/2023Silicon Gate21 bed · Apartment615 sq ft⃃ 424,335Resale · Ready
22/02/2023Silicon Gate21 bed · Apartment699 sq ft⃃ 410,000Resale · Ready
29/03/2023Silicon Gate21 bed · Apartment659 sq ft⃃ 400,000Primary · Ready
11/09/2023Silicon Gate21 bed · Apartment664 sq ft⃃ 400,000Resale · Ready
30/10/2023Silicon Gate2Studio · Apartment352 sq ft⃃ 380,000Resale · Ready
31/10/2023Silicon Gate21 bed · Apartment615 sq ft⃃ 370,000Resale · Ready
19/09/2023Silicon Gate21 bed · Apartment598 sq ft⃃ 360,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
12/12/2023Silicon Gate2Studio · Apartment385 sq ft⃃ 305,000Resale · Ready
31/10/2023Silicon Gate21 bed · Apartment615 sq ft⃃ 370,000Resale · Ready
30/10/2023Silicon Gate2Studio · Apartment352 sq ft⃃ 380,000Resale · Ready
18/10/2023Silicon Gate21 bed · Apartment615 sq ft⃃ 424,335Resale · Ready
19/09/2023Silicon Gate21 bed · Apartment598 sq ft⃃ 360,000Resale · Ready
13/09/2023Silicon Gate2Studio · Apartment353 sq ft⃃ 290,000Resale · Ready
11/09/2023Silicon Gate21 bed · Apartment699 sq ft⃃ 618,000Resale · Ready
11/09/2023Silicon Gate21 bed · Apartment664 sq ft⃃ 400,000Resale · Ready
11/09/2023Silicon Gate2Studio · Apartment352 sq ft⃃ 353,244Resale · Ready
22/06/2023Silicon Gate21 bed · Apartment699 sq ft⃃ 524,400Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/silicon-gate2/2023
Silicon Gate2 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/silicon-gate2/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Silicon Gate2 in 2023?
13 property sales worth ⃃ 5,360,979 were registered in Silicon Gate2 in 2023. That is 27.8% lower than 2022.
What was the median property price in Silicon Gate2 in 2023?
The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 750 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Silicon Gate2 were off-plan or from developers?
Developer (primary) sales were 7.7% of the 13 sales and resales 92.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/silicon-gate2/2023