Silicon Gates 2 is an apartment complex located in the Silicon Gates Community of Dubai Silicon Oasis. The project was developed by Deira Group and consists of four buildings: Silicon Gates 1, Silicon Gates 2, Silicon Gates 3, Silicon Gates 4. The complex is ideal for those looking for a quiet lifestyle in a comfortable urban environment.
Properties include studios, one- to four-bedroom apartments, and four-bedroom penthouses. Units vary in configuration and feature wide balconies that overlook the sea and city centre.
Residents can enjoy a variety of amenities, including:
Studios have a minimum size of 34 sq. m (370 sq. ft.), and one-bedroom apartments have a starting cost of AED 370,000 (USD 101,000).
*The price is valid for 2021
Silicon Gates 2 is located at the intersection of Sheikh Zayed Bin Hamdan Al Nahyan Street and 90th Street. The nearest bus stops, Silicon Oasis Imperial Tower, Silicon Oasis North Park 2, and Silicon Oasis North Park 1, are situated within 15 minutes of the complex, and the Creek, Rashidiya, and Etisalat Metro Stations can be reached within a 20-minute drive.
Residents can choose from a wide selection of local restaurants. Hungry Hut, Man’oushe Street, and KFC are situated within 10 minutes of the apartments.
For groceries and household goods, residents can shop at Green Belt, Margo Supermarket, and Al Maya Supermarket, which can be reached within a 20-minute drive of the residences.
The complex is located within a short drive of several popular destinations, including:
According to Bayut’s 2021 Real Estate Market Report, Silicon Gates was listed as a popular community in Dubai for rental properties.
Studios have a return on investment rate of 8.6%, and one-bedroom apartments have a return rate of 7.9%. As a result, units are in high demand among real estate investors.
The annual rental rate for a studio starts at AED 23,000 (USD 6,000).
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!