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2-bed · 1,381 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

C508, 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 C508 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.07M2 September 2014
Current rentAED 50K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for C508, Silicon Gates 1

What is C508 worth today?

Last sold for AED 1,073,650 in 2014

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15 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 36 per sqft
15 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 36 per sqft
15 Mar 2024RentedRenewal
AED 50,000/yr12 months · AED 36 per sqft
15 Mar 2023RentedRenewal
AED 50,000/yr12 months · AED 36 per sqft
15 Mar 2022RentedRenewal
AED 45,000/yr12 months · AED 33 per sqft
15 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 33 per sqft
1 Nov 2019RentedRenewal
AED 67,000/yr12 months · AED 49 per sqft
1 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
2-bed apartment
Size
1,381 sqft
Floor
5th of 25
Parking
B1-271
Developer
Time Properties
Completed
2014
Service charge
AED 20,600 /yr
Last sold
AED 1.07M · September 2014
Building
Silicon Gates 1

About C508, Silicon Gates 1

C508 is a two-bedroom apartment of 1,381 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 2 September 2014 for AED 1,073,650, or AED 777 per sqft, 8% below the AED 841 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 50,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 20,600 a year.

Sales and rents for C508 over time

Sales
Unit C508, each saleTypical two-bed in Silicon Gates 1
500K750K1M2009201420192024Typical sale price by year: 2009 AED 1,014,000; 2013 AED 978,516; 2014 AED 992,752; 2015 AED 988,000; 2016 AED 874,000; 2020 AED 555,000; 2021 AED 709,000; 2022 AED 720,000; 2023 AED 720,000; 2024 AED 955,000; 2025 AED 950,000Sold by developer, August 2009: AED 1,073,650 (AED 777 per sqft)Sold, September 2014: AED 1,073,650 (AED 777 per sqft)

C508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C508, each contractTypical two-bed in Silicon Gates 1
50K75K100K2014201820222026Typical rent by year: 2014 AED 92,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 60,500; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 76,000New contract, May 2015: AED 92,233 a yearNew contract, May 2016: AED 95,000 a yearNew contract, November 2017: AED 80,000 a yearNew contract, November 2018: AED 75,000 a yearRenewal, November 2019: AED 67,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, March 2022: AED 45,000 a yearRenewal, March 2023: AED 50,000 a yearRenewal, March 2024: AED 50,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2025: AED 50,000 a year

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

2-beds in Silicon Gates 1, and where C508 sits

All 88 2-beds →

C508 last sold in September 2014 at AED 777 per sqft, 8% below what two-beds in Silicon Gates 1 were fetching at the time (AED 841). Over the last 12 months two-beds sold for AED 1,040,000 to 1,280,000, around AED 866 per sqft, and rent for AED 50,000 to 105,000 a year. C508's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20261,280,000
9 Sep 20261,050,000
22 Dec 20251,040,000
5 Dec 20251,250,000
4 2-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

C508, Silicon Gates 1 in numbers

  • Sold twice: first on 11 August 2009 for AED 1,073,650, last on 2 September 2014 for AED 1,073,650 (AED 777 per sqft).
  • Rented since May 2015 on 11 Ejari contracts. The rent fell from AED 92,233 to AED 45,000 in 2022 and recovered to AED 50,000 by March 2025.
  • At AED 50,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 20,600 a year (AED 14.94 per sqft).
  • Two-beds in Silicon Gates 1 sold for AED 1,040,000–1,280,000 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 C508, Silicon Gates 1

What did unit C508 last sell for?

AED 1,073,650 on 2 September 2014: AED 777 per sqft for 1,381 sqft. The unit has 2 registered sales; the first was AED 1,073,650 in August 2009.

What is the rent for unit C508?

AED 50,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2025, was AED 50,000; the unit has been rented since May 2015.

How big is unit C508?

1,381 sqft (128.3 sqm): a two-bedroom apartment on the 5th floor of a 25-storey tower completed in 2014.

What is unit C508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Gates 1 sold for AED 1,040,000 to 1,280,000 in the last 12 months, around AED 866 per sqft.

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Mortgage on C508, Silicon Gates 1

Starts from the last sale price (AED 1.07M, 2 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,073,650
Deposit, UAE resident (20%)
AED 214,730
Deposit, non-resident (40%)
AED 429,460
Monthly over 25 years at 3.7%
AED 4,393

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