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Studio · 349 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

D505, Silicon Gates 1

Sold prices and rental history: sold twice, last in August 2014, and rented once, from March 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D505 · DLD and Ejari recordsUpdated 11 March 2020
Last soldAED 253K14 August 2014
Current rentAED 24K /yr11 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D505, Silicon Gates 1

What is D505 worth today?

Last sold for AED 253,000 in 2014

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11 Mar 2020RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
14 Aug 2014SoldReady
AED 253,000AED 725 per sqft
9 Aug 2009Sold by developerOff-plan
AED 253,000AED 725 per sqft

Source: Dubai Land Department. Updated 11 March 2020.

Key facts

Type
Studio apartment
Size
349 sqft
Floor
5th of 25
Parking
B3-43
Developer
Time Properties
Completed
2014
Service charge
AED 5,200 /yr
Last sold
AED 253K · August 2014
Building
Silicon Gates 1

About D505, Silicon Gates 1

D505 is a studio of 349 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 14 August 2014 for AED 253,000, or AED 725 per sqft, 24% below the AED 949 studios in the building were fetching at the time.

One Ejari contract is registered, from 11 March 2020. The current contract, signed on 11 March 2020, is AED 24,000 a year: a gross yield of 9.5% on the 2014 price, before the service charge of about AED 5,200 a year.

Sales and rents for D505 over time

Sales
Unit D505, 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 253,000 (AED 725 per sqft)Sold, August 2014: AED 253,000 (AED 725 per sqft)

D505 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit D505, 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, March 2020: AED 24,000 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 D505 sits

All 376 studios →

D505 last sold in August 2014 at AED 725 per sqft, 24% below what studios in Silicon Gates 1 were fetching at the time (AED 949). 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. D505's AED 24,000 is at the bottom 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

D505, Silicon Gates 1 in numbers

  • Sold twice: first on 9 August 2009 for AED 253,000, last on 14 August 2014 for AED 253,000 (AED 725 per sqft).
  • Rented since March 2020 on one Ejari contract, at AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2014 price is 9.5%, before a service charge of about AED 5,200 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 11 March 2020.

Questions about D505, Silicon Gates 1

What did unit D505 last sell for?

AED 253,000 on 14 August 2014: AED 725 per sqft for 349 sqft. The unit has 2 registered sales; the first was AED 253,000 in August 2009.

What is the rent for unit D505?

AED 24,000 a year on the contract signed on 11 March 2020.

How big is unit D505?

349 sqft (32.4 sqm): a studio on the 5th floor of a 25-storey tower completed in 2014.

What is unit D505 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 D505, Silicon Gates 1

Starts from the last sale price (AED 253K, 14 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 253,000
Deposit, UAE resident (20%)
AED 50,600
Deposit, non-resident (40%)
AED 101,200
Monthly over 25 years at 3.7%
AED 1,035

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