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Studio · 490 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

B506, Silicon Gates 1

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B506 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 445K23 August 2015
Current rentAED 42K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B506, Silicon Gates 1

What is B506 worth today?

Last sold for AED 445,000 in 2015

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1 Jun 2026RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
1 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 85 per sqft
1 Jan 2024RentedRenewal
AED 29,000/yr12 months · AED 59 per sqft
1 Jan 2023RentedNew contract
AED 28,000/yr12 months · AED 57 per sqft
20 Dec 2020RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
15 Apr 2019RentedRenewal
AED 40,000/yr12 months · AED 81 per sqft
15 Apr 2018RentedNew contract
AED 49,000/yr12 months · AED 99 per sqft
23 Aug 2015SoldReady
AED 445,000AED 908 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
490 sqft
Floor
5th of 25
Parking
B3-265
Developer
Time Properties
Completed
2014
Service charge
AED 7,300 /yr
Last sold
AED 445K · August 2015
Building
Silicon Gates 1

About B506, Silicon Gates 1

B506 is a studio of 490 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 23 August 2015 for AED 445,000, or AED 908 per sqft, 10% above the AED 829 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 June 2026, is AED 42,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 7,300 a year.

Sales and rents for B506 over time

Sales
Unit B506, 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, April 2015: AED 382,380 (AED 780 per sqft)Sold, August 2015: AED 445,000 (AED 908 per sqft)

B506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit B506, 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, April 2018: AED 49,000 a yearRenewal, April 2019: AED 40,000 a yearNew contract, December 2020: AED 23,000 a yearNew contract, January 2023: AED 28,000 a yearRenewal, January 2024: AED 29,000 a yearNew contract, April 2025: AED 42,000 a yearNew contract, June 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 B506 sits

All 376 studios →

B506 last sold in August 2015 at AED 908 per sqft, 10% above what studios in Silicon Gates 1 were fetching at the time (AED 829). 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. B506'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
A502StudioAED 360K · Mar 2023
A503AStudioAED 400K · Nov 2014
A503BStudioAED 363K · Aug 2014
A5041-bedAED 529K · May 2015
A505A1-bedAED 823K · Jan 2015
A505BStudioAED 380K · Apr 2026
1–7 of 42

B506, Silicon Gates 1 in numbers

  • Sold twice: first on 2 April 2015 for AED 382,380, last on 23 August 2015 for AED 445,000 (AED 908 per sqft).
  • Rented since April 2018 on 7 Ejari contracts. The rent fell from AED 49,000 to AED 23,000 in 2020 and recovered to AED 42,000 by June 2026.
  • At AED 42,000 a year the gross yield on the 2015 price is 9.4%, before a service charge of about AED 7,300 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 June 2026.

Questions about B506, Silicon Gates 1

What did unit B506 last sell for?

AED 445,000 on 23 August 2015: AED 908 per sqft for 490 sqft. The unit has 2 registered sales; the first was AED 382,380 in April 2015.

What is the rent for unit B506?

AED 42,000 a year on the contract signed on 1 June 2026. The previous contract, from April 2025, was AED 42,000; the unit has been rented since April 2018.

How big is unit B506?

490 sqft (45.5 sqm): a studio on the 5th floor of a 25-storey tower completed in 2014.

What is unit B506 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 B506, Silicon Gates 1

Starts from the last sale price (AED 445K, 23 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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