506, Silicon Avenue
Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Silicon Avenue
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 787 sqft
- Floor
- 5th of 6
- Parking
- G - 113
- Developer
- York Shire Corporation
- Completed
- 2010
- Service charge
- AED 7,800 /yr
- Last sold
- AED 640K · April 2015
- Building
- Silicon Avenue
About 506, Silicon Avenue
506 is a one-bedroom apartment of 787 sqft on the 5th floor of Silicon Avenue, a 6-storey tower in Dubai Silicon Oasis completed in 2010 by York Shire Corporation. It last sold on 9 April 2015 for AED 640,000, or AED 813 per sqft, in line with the AED 817 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 August 2025, is AED 55,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 7,800 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Silicon Avenue, and where 506 sits
All 9 1-beds →506 last sold in April 2015 at AED 813 per sqft, in line with what one-beds in Silicon Avenue were fetching at the time (AED 817). Over the last 12 months one-beds sold for AED 490,000, around AED 622 per sqft, and rent for AED 45,200 to 60,000 a year. 506's AED 55,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 787 sqft | 490,000 | 622 | ||
| 18 Dec 202318 December 2023 | 787 sqft | 465,000 | 590 | ||
| 14 Sep 202314 September 2023 | 783 sqft | 541,000 | 690 | ||
| 9 Apr 20159 April 2015 | 783 sqft | 640,000 | 817 |
Silicon Avenue
Building11 apartments, studios to 2-bed over 6 floors in Dubai Silicon Oasis, completed in 2010 by York Shire Corporation. 1 sold in the last 12 months.
- Typical price per sqft
- AED 622
- Typical sale
- AED 490K
- Typical rent
- AED 50K /yr
- Typical yield
- 10.2%
Other units on the 5th floor
All 11 units in Silicon Avenue506, Silicon Avenue in numbers
- Sold 3 times: first on 18 May 2009 for AED 983,775, last on 9 April 2015 for AED 640,000 (AED 813 per sqft).
- Rented since September 2013 on 6 Ejari contracts, from AED 36,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 7,800 a year (AED 9.95 per sqft).
- One-beds in Silicon Avenue sold for AED 490,000–490,000 in the 12 months to November 2026; the building's median across all types is AED 622 per sqft.
Source: Dubai Land Department. Updated 1 August 2025.
Questions about 506, Silicon Avenue
What did unit 506 last sell for?
AED 640,000 on 9 April 2015: AED 813 per sqft for 787 sqft. The unit has 3 registered sales; the first was AED 983,775 in May 2009.
What is the rent for unit 506?
AED 55,000 a year on the contract signed on 1 August 2025. The previous contract, from June 2024, was AED 50,000; the unit has been rented since September 2013.
How big is unit 506?
787 sqft (73.1 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2010.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Avenue sold for AED 490,000 to 490,000 in the last 12 months, around AED 622 per sqft.
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Mortgage on 506, Silicon Avenue
Starts from the last sale price (AED 640K, 9 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →