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Project · Transactions · 2023

Silicon Gates Property Transactions 2023

132 property sales worth ⃃ 50.88M were registered in Silicon Gates in 2023, 24.5% higher than 2022 by number of sales. The median sale price was ⃃ 345,000 and the median price per square foot ⃃ 674 (+17.0% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 132 salesUpdated: 15 Nov 2026
Property sales
132
+24.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 50.88M
+27.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 345,000
−1.0% vs 2022
132 sales
Median price per sq ft
⃃ 674
+17.0% vs 2022
132 sales

What types of property sold in Silicon Gates in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments132100%⃃ 50.88M⃃ 345,000⃃ 674

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)10.8%⃃ 400K⃃ 400,000⃃ 607
Resale (secondary)13199.2%⃃ 50.48M⃃ 340,000⃃ 675
Ready132100%⃃ 50.88M⃃ 345,000⃃ 674

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

946 rental contracts (new and renewed) were registered in Silicon Gates in 2023, at a median annual rent of ⃃ 33,909 (+13.0% on 2022). Rental yields in Silicon Gates

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
18/05/2023Silicon Gates 13 beds · Apartment1,709 sq ft⃃ 1,150,000Resale · Ready
02/01/2023Silicon Gates 13 beds · Apartment1,831 sq ft⃃ 1,100,000Resale · Ready
05/09/2023Silicon Gates 42 beds · Apartment1,580 sq ft⃃ 930,000Resale · Ready
06/04/2023Silicon Gates 42 beds · Apartment1,303 sq ft⃃ 740,000Resale · Ready
15/12/2023Silicon Gates 12 beds · Apartment1,199 sq ft⃃ 720,000Resale · Ready
25/05/2023Silicon Gates 12 beds · Apartment1,192 sq ft⃃ 720,000Resale · Ready
14/03/2023Silicon Gates 12 beds · Apartment1,361 sq ft⃃ 720,000Resale · Ready
12/09/2023Silicon Gates 11 bed · Apartment941 sq ft⃃ 700,000Resale · Ready
21/11/2023Silicon Gates 12 beds · Apartment1,124 sq ft⃃ 660,000Resale · Ready
31/07/2023Silicon Gates 12 beds · Apartment1,174 sq ft⃃ 640,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023Silicon Gates 1Studio · Apartment409 sq ft⃃ 310,000Resale · Ready
18/12/2023Silicon Gates 11 bed · Apartment760 sq ft⃃ 430,000Resale · Ready
15/12/2023Silicon Gates 1Studio · Apartment392 sq ft⃃ 340,000Resale · Ready
15/12/2023Silicon Gates 12 beds · Apartment1,199 sq ft⃃ 720,000Resale · Ready
12/12/2023Silicon Gate2Studio · Apartment385 sq ft⃃ 305,000Resale · Ready
11/12/2023Silicon Gates 1Studio · Apartment425 sq ft⃃ 350,000Resale · Ready
06/12/2023Silicon Gates 41 bed · Apartment661 sq ft⃃ 520,000Resale · Ready
06/12/2023Silicon Gates 11 bed · Apartment752 sq ft⃃ 456,130Resale · Ready
28/11/2023Silicon Gate 31 bed · Apartment754 sq ft⃃ 420,000Resale · Ready
23/11/2023Silicon Gates 11 bed · Apartment901 sq ft⃃ 396,000Resale · 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-gates/2023
Silicon Gates Property Transactions 2023. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/silicon-gates/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 Gates in 2023?
132 property sales worth ⃃ 50,882,173 were registered in Silicon Gates in 2023. That is 24.5% higher than 2022.
What was the median property price in Silicon Gates in 2023?
The median sale price was ⃃ 345,000 and the median price per square foot ⃃ 674 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Silicon Gates were off-plan or from developers?
Developer (primary) sales were 0.8% of the 132 sales and resales 99.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/silicon-gates/2023