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Studio · 505 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

A502, Silicon Gates 1

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A502 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 360K20 March 2023
Current rentAED 42K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A502, Silicon Gates 1

What is A502 worth today?

Last sold for AED 360,000 in 2023

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25 Sep 2026RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
1 Sep 2025RentedNew contract
AED 46,000/yr12 months · AED 91 per sqft
1 Sep 2024RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
22 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
20 Mar 2023SoldReady
AED 360,000AED 713 per sqft
1 Oct 2021RentedRenewal
AED 22,000/yr12 months · AED 43 per sqft
1 Oct 2020RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
2 May 2019RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
5th of 25
Parking
B3-92
Developer
Time Properties
Completed
2014
Service charge
AED 7,500 /yr
Last sold
AED 360K · March 2023
Building
Silicon Gates 1

About A502, Silicon Gates 1

A502 is a studio of 505 sqft on the 5th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 20 March 2023 for AED 360,000, or AED 713 per sqft, 10% above the AED 646 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 25 September 2026, is AED 42,000 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for A502 over time

Sales
Unit A502, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 328,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 175,000; 2013 AED 331,920; 2014 AED 357,000; 2015 AED 351,903; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 235,000; 2021 AED 252,500; 2022 AED 252,500; 2023 AED 300,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 452,500Sold by developer, November 2014: AED 500,000 (AED 990 per sqft)Sold, March 2023: AED 360,000 (AED 713 per sqft)

A502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit A502, each contractTypical studio in Silicon Gates 1
20K40K2014201820222026Typical rent by year: 2014 AED 44,880; 2015 AED 45,000; 2016 AED 45,000; 2017 AED 40,000; 2018 AED 35,500; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,915; 2024 AED 33,500; 2025 AED 36,000; 2026 AED 38,000New contract, May 2018: AED 29,920 a yearNew contract, May 2019: AED 30,000 a yearNew contract, October 2020: AED 20,000 a yearRenewal, October 2021: AED 22,000 a yearNew contract, February 2024: AED 40,000 a yearNew contract, September 2024: AED 40,000 a yearNew contract, September 2025: AED 46,000 a yearNew contract, September 2026: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 1, and where A502 sits

All 376 studios →

A502 last sold in March 2023 at AED 713 per sqft, 10% above what studios in Silicon Gates 1 were fetching at the time (AED 646). Over the last 12 months studios sold for AED 285,000 to 545,000, around AED 1,105 per sqft, and rent for AED 27,500 to 68,400 a year. A502's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026480,000
15 Oct 2026422,000
1 Oct 2026500,000
22 Sep 2026405,000
32 studio sales in the last 12 months

Silicon Gates 1

Building

865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 69 sold in the last 12 months.

Typical price per sqft
AED 877 Up 9.2%
Typical sale
AED 541K
Typical rent
AED 46K /yr
Typical yield
8.9%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 865 units in Silicon Gates 1
Value
A5012-bedAED 989K · Nov 2014
A503AStudioAED 400K · Nov 2014
A503BStudioAED 363K · Aug 2014
A5041-bedAED 529K · May 2015
A505A1-bedAED 823K · Jan 2015
A505BStudioAED 380K · Apr 2026
A5061-bedAED 724K · Oct 2014
1–7 of 42

A502, Silicon Gates 1 in numbers

  • Sold twice: first on 10 November 2014 for AED 500,000, last on 20 March 2023 for AED 360,000 (AED 713 per sqft).
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 29,920 to AED 20,000 in 2020 and recovered to AED 42,000 by September 2026.
  • At AED 42,000 a year the gross yield on the 2023 price is 11.7%, before a service charge of about AED 7,500 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 285,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about A502, Silicon Gates 1

What did unit A502 last sell for?

AED 360,000 on 20 March 2023: AED 713 per sqft for 505 sqft. The unit has 2 registered sales; the first was AED 500,000 in November 2014.

What is the rent for unit A502?

AED 42,000 a year on the contract signed on 25 September 2026. The previous contract, from September 2025, was AED 46,000; the unit has been rented since May 2018.

How big is unit A502?

505 sqft (46.9 sqm): a studio on the 5th floor of a 25-storey tower completed in 2014.

What is unit A502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 1 sold for AED 285,000 to 545,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on A502, Silicon Gates 1

Starts from the last sale price (AED 360K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →