501, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Silicon Gates 2
What is 501 worth today?
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Source: Dubai Land Department. Updated 4 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 699 sqft
- Floor
- 5th of 8
- Parking
- B-09
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 8,700 /yr
- Last sold
- AED 590K · April 2017
- Building
- Silicon Gates 2
About 501, Silicon Gates 2
501 is a one-bedroom apartment of 699 sqft on the 5th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 25 April 2017 for AED 590,000, or AED 843 per sqft, in line with the AED 851 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 4 October 2026, is AED 47,200 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 8,700 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the one-bed median of each year in the building.
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 2, and where 501 sits
All 65 1-beds →501 last sold in April 2017 at AED 843 per sqft, in line with what one-beds in Silicon Gates 2 were fetching at the time (AED 851). 501's AED 47,200 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20252 October 2025 | 699 sqft | 550,000 | 786 | ||
| 1 Aug 20251 August 2025 | 615 sqft | 600,000 | 975 | ||
| 11 Jun 202511 June 2025 | 699 sqft | 600,000 | 858 | ||
| 5 May 20255 May 2025 | 789 sqft | 560,000 | 710 |
Silicon Gates 2
Building131 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,084
- Typical sale
- AED 420K
- Typical rent
- AED 42K /yr
- Typical yield
- 7.3%
Other units on the 5th floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 401 sqft | AED 490KAED 490,202 · Nov 2015November 2015 | 35,000 /yr | |
| 503 | Studio | 367 sqft | AED 380KAED 380,000 · Jul 2025July 2025 | 38,000 /yr | |
| 504 | 1-bed | 617 sqft | AED 365KAED 365,000 · Nov 2022November 2022 | 42,000 /yr | |
| 505 | Studio | 352 sqft | AED 308KAED 308,000 · Mar 2024March 2024 | 39,000 /yr | |
| 506 | 1-bed | 615 sqft | AED 600KAED 600,000 · Aug 2025August 2025 | 45,000 /yr | |
| 507 | Studio | 387 sqft | AED 428KAED 427,759 · Sep 2016September 2016 | 34,000 /yr | |
| 508 | Studio | 383 sqft | AED 200KAED 200,000 · Oct 2020October 2020 | 50,000 /yr | |
| 509 | 1-bed | 699 sqft | AED 741KAED 741,313 · Nov 2015November 2015 | 50,000 /yr | |
| 510 | 1-bed | 699 sqft | AED 595KAED 594,583 · Sep 2015September 2015 | 50,000 /yr | |
| 511 | Studio | 383 sqft | AED 245KAED 245,000 · Oct 2022October 2022 | 37,500 /yr | |
| 512 | Studio | 387 sqft | AED 250KAED 250,000 · Dec 2024December 2024 | 40,000 /yr | |
| 513 | 1-bed | 622 sqft | AED 400KAED 400,000 · Mar 2024March 2024 | 47,000 /yr | |
| 514 | Studio | 353 sqft | AED 400KAED 400,000 · Jun 2016June 2016 | 48,000 /yr | |
| 515 | 1-bed | 622 sqft | AED 645KAED 645,181 · Nov 2015November 2015 | 203,211 /yr | |
| 516 | Studio | 372 sqft | AED 377KAED 376,839 · Nov 2015November 2015 | 45,000 /yr | |
| 517 | Studio | 401 sqft | AED 245KAED 245,101 · Dec 2022December 2022 | 20,000 /yr | |
| 518 | 1-bed | 699 sqft | AED 747KAED 747,329 · Nov 2015November 2015 | 54,000 /yr |
501, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 25 April 2017 for AED 590,000, or AED 843 per sqft.
- Rented since July 2018 on 9 Ejari contracts. The rent fell from AED 43,000 to AED 28,000 in 2021 and recovered to AED 47,200 by October 2026.
- At AED 47,200 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 4 October 2026.
Questions about 501, Silicon Gates 2
What did unit 501 last sell for?
AED 590,000 on 25 April 2017, sold by the developer: AED 843 per sqft for 699 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 47,200 a year on the contract renewed on 4 October 2026. The previous contract, from October 2025, was AED 47,200; the unit has been rented since July 2018.
How big is unit 501?
699 sqft (64.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 501, Silicon Gates 2
Starts from the last sale price (AED 590K, 25 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 590,000
- Deposit, UAE resident (20%)
- AED 118,000
- Deposit, non-resident (40%)
- AED 236,000
- Monthly over 25 years at 3.7%
- AED 2,414
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →