Studio · 415 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

A503A, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2014, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A503A · DLD and Ejari recordsUpdated 1 August 2019
Last soldAED 400K6 November 2014
Current rentAED 29K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A503A, Silicon Gates 1

What is A503A worth today?

Last sold for AED 400,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2019RentedNew contract
AED 29,000/yr12 months · AED 69 per sqft
1 Jul 2018RentedNew contract
AED 37,500/yr12 months · AED 89 per sqft
27 Feb 2016RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
6 Nov 2014SoldReady
AED 400,000AED 964 per sqft
20 Aug 2014SoldReady
AED 314,000AED 757 per sqft
9 Aug 2009Sold by developerOff-plan
AED 314,000AED 757 per sqft

Source: Dubai Land Department. Updated 1 August 2019.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
5th of 25
Parking
B3-283
Developer
Time Properties
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 400K · November 2014

About A503A, Silicon Gates 1

A503A is a studio of 415 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 6 November 2014 for AED 400,000, or AED 964 per sqft, 11% above the AED 869 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 August 2019, is AED 29,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 6,200 a year.

Sales and rents for A503A over time

Sales
Unit A503A, 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, August 2009: AED 314,000 (AED 757 per sqft)Sold, August 2014: AED 314,000 (AED 757 per sqft)Sold, November 2014: AED 400,000 (AED 964 per sqft)

A503A has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit A503A, 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, February 2016: AED 50,000 a yearNew contract, July 2018: AED 37,500 a yearNew contract, August 2019: AED 29,000 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 A503A sits

All 376 studios →

A503A last sold in November 2014 at AED 964 per sqft, 11% above what studios in Silicon Gates 1 were fetching at the time (AED 869). 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. A503A's AED 29,000 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
A502StudioAED 360K · Mar 2023
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

A503A, Silicon Gates 1 in numbers

  • Sold 3 times: first on 9 August 2009 for AED 314,000, last on 6 November 2014 for AED 400,000 (AED 964 per sqft).
  • Rented since February 2016 on 3 Ejari contracts, from AED 50,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 6,200 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 1 August 2019.

Questions about A503A, Silicon Gates 1

What did unit A503A last sell for?

AED 400,000 on 6 November 2014: AED 964 per sqft for 415 sqft. The unit has 3 registered sales; the first was AED 314,000 in August 2009.

What is the rent for unit A503A?

AED 29,000 a year on the contract signed on 1 August 2019. The previous contract, from July 2018, was AED 37,500; the unit has been rented since February 2016.

How big is unit A503A?

415 sqft (38.6 sqm): a studio on the 5th floor of a 25-storey tower completed in 2014.

What is unit A503A 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.

Selling A503A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on A503A, Silicon Gates 1

Starts from the last sale price (AED 400K, 6 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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