505, Silicon Gates 2
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Silicon Gates 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 352 sqft
- Floor
- 5th of 8
- Parking
- B-23
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 4,400 /yr
- Last sold
- AED 308K · March 2024
- Building
- Silicon Gates 2
About 505, Silicon Gates 2
505 is a studio of 352 sqft on the 5th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 21 March 2024 for AED 308,000, or AED 875 per sqft, 3% above the AED 849 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 39,000 a year: a gross yield of 12.7% on the 2024 price, before the service charge of about AED 4,400 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Silicon Gates 2, and where 505 sits
All 64 studios →505 last sold in March 2024 at AED 875 per sqft, 3% above what studios in Silicon Gates 2 were fetching at the time (AED 849). Over the last 12 months studios sold for AED 420,000, around AED 1,084 per sqft, and rent for AED 26,000 to 48,000 a year. 505's AED 39,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 387 sqft | 420,000 | 1,084 | ||
| 17 Oct 202517 October 2025 | 401 sqft | 430,000 | 1,073 | ||
| 25 Jul 202525 July 2025 | 367 sqft | 380,000 | 1,036 | ||
| 9 Jul 20259 July 2025 | 352 sqft | 350,000 | 994 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 699 sqft | AED 590KAED 590,000 · Apr 2017April 2017 | 47,200 /yr | |
| 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 | |
| 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 |
505, Silicon Gates 2 in numbers
- Sold twice: first on 13 September 2011 for AED 449,400, last on 21 March 2024 for AED 308,000 (AED 875 per sqft).
- Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 33,000 to AED 20,000 in 2022 and recovered to AED 39,000 by July 2025.
- At AED 39,000 a year the gross yield on the 2024 price is 12.7%, before a service charge of about AED 4,400 a year (AED 12.49 per sqft).
- Studios in Silicon Gates 2 sold for AED 420,000–420,000 in the 12 months to November 2026; the building's median across all types is AED 1,084 per sqft.
Source: Dubai Land Department. Updated 20 July 2025.
Questions about 505, Silicon Gates 2
What did unit 505 last sell for?
AED 308,000 on 21 March 2024: AED 875 per sqft for 352 sqft. The unit has 2 registered sales; the first was AED 449,400 in September 2011.
What is the rent for unit 505?
AED 39,000 a year on the contract renewed on 20 July 2025. The previous contract, from July 2024, was AED 36,000; the unit has been rented since May 2017.
How big is unit 505?
352 sqft (32.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 2 sold for AED 420,000 to 420,000 in the last 12 months, around AED 1,084 per sqft.
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Mortgage on 505, Silicon Gates 2
Starts from the last sale price (AED 308K, 21 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 308,000
- Deposit, UAE resident (20%)
- AED 61,600
- Deposit, non-resident (40%)
- AED 123,200
- Monthly over 25 years at 3.7%
- AED 1,260
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →