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1-bed · 801 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

C506, Silicon Gates 1

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C506 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 565K11 September 2014
Current rentAED 42K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C506, Silicon Gates 1

What is C506 worth today?

Last sold for AED 565,000 in 2014

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15 Mar 2025RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
15 Mar 2025RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
15 Mar 2024RentedRenewal
AED 38,500/yr12 months · AED 48 per sqft
15 Mar 2023RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
28 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
15 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
20 Sep 2020RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
1 Jun 2019RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
5th of 25
Parking
B3-273
Developer
Time Properties
Completed
2014
Service charge
AED 12,000 /yr
Last sold
AED 565K · September 2014
Building
Silicon Gates 1

About C506, Silicon Gates 1

C506 is a one-bedroom apartment of 801 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 11 September 2014 for AED 565,000, or AED 705 per sqft, 14% below the AED 822 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 42,000 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 12,000 a year.

Sales and rents for C506 over time

Sales
Unit C506, each saleTypical one-bed in Silicon Gates 1
400K600K2009201420192024Typical sale price by year: 2009 AED 638,000; 2011 AED 656,541; 2013 AED 579,802; 2014 AED 681,000; 2015 AED 652,500; 2016 AED 600,000; 2017 AED 630,000; 2018 AED 550,000; 2019 AED 425,000; 2020 AED 320,000; 2021 AED 389,500; 2022 AED 405,000; 2023 AED 447,500; 2024 AED 530,000; 2025 AED 615,000; 2026 AED 660,000Sold by developer, August 2009: AED 565,000 (AED 705 per sqft)Sold, September 2014: AED 565,000 (AED 705 per sqft)

C506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit C506, each contractTypical one-bed in Silicon Gates 1
40K60K2014201820222026Typical rent by year: 2014 AED 64,826; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,789; 2024 AED 45,000; 2025 AED 50,250; 2026 AED 55,000New contract, May 2015: AED 65,000 a yearNew contract, November 2015: AED 69,686 a yearNew contract, November 2016: AED 64,000 a yearRenewal, November 2017: AED 60,000 a yearNew contract, January 2019: AED 42,000 a yearNew contract, June 2019: AED 42,000 a yearNew contract, September 2020: AED 33,000 a yearNew contract, March 2021: AED 30,000 a yearNew contract, October 2022: AED 35,000 a yearNew contract, March 2023: AED 35,000 a yearRenewal, March 2024: AED 38,500 a yearRenewal, March 2025: AED 42,000 a yearRenewal, March 2025: AED 42,000 a year

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

1-beds in Silicon Gates 1, and where C506 sits

All 371 1-beds →

C506 last sold in September 2014 at AED 705 per sqft, 14% below what one-beds in Silicon Gates 1 were fetching at the time (AED 822). Over the last 12 months one-beds sold for AED 343,480 to 750,000, around AED 769 per sqft, and rent for AED 35,801 to 80,000 a year. C506's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 2026540,696
14 Oct 2026706,000
2 Oct 2026675,000
17 Sep 2026550,000
30 1-bed 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

C506, Silicon Gates 1 in numbers

  • Sold twice: first on 9 August 2009 for AED 565,000, last on 11 September 2014 for AED 565,000 (AED 705 per sqft).
  • Rented since May 2015 on 13 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 42,000 by March 2025.
  • At AED 42,000 a year the gross yield on the 2014 price is 7.4%, before a service charge of about AED 12,000 a year (AED 14.94 per sqft).
  • One-beds in Silicon Gates 1 sold for AED 343,480–750,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 15 March 2025.

Questions about C506, Silicon Gates 1

What did unit C506 last sell for?

AED 565,000 on 11 September 2014: AED 705 per sqft for 801 sqft. The unit has 2 registered sales; the first was AED 565,000 in August 2009.

What is the rent for unit C506?

AED 42,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 42,000; the unit has been rented since May 2015.

How big is unit C506?

801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2014.

What is unit C506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 1 sold for AED 343,480 to 750,000 in the last 12 months, around AED 769 per sqft.

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Mortgage on C506, Silicon Gates 1

Starts from the last sale price (AED 565K, 11 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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