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1-bed · 615 sqftSilicon Gates 2, Dubai Silicon Oasis · 5th floor · completed 2014

506, Silicon Gates 2

Sold prices and rental history: sold 4 times, last in August 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 600K1 August 2025
Current rentAED 45K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Silicon Gates 2

What is 506 worth today?

Last sold for AED 600,000 in 2025

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1 Aug 2025SoldReady
AED 600,000AED 975 per sqft
25 Nov 2023RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
25 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
15 Aug 2019RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft
20 Jul 2017RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
28 May 2017SoldReady
AED 558,738AED 908 per sqft
3 Aug 2015Sold by developerOff-plan
AED 550,000AED 893 per sqft
3 Aug 2015SoldOff-plan
AED 673,598AED 1,094 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
615 sqft
Floor
5th of 8
Parking
B-07
Developer
Time Properties
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 600K · August 2025
Building
Silicon Gates 2

About 506, Silicon Gates 2

506 is a one-bedroom apartment of 615 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 1 August 2025 for AED 600,000, or AED 975 per sqft, 20% above the AED 811 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 25 November 2023, is AED 45,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 7,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Silicon Gates 2
400K600K2011201520192023Typical sale price by year: 2011 AED 688,228; 2015 AED 636,000; 2016 AED 601,785; 2017 AED 580,000; 2018 AED 420,000; 2019 AED 485,000; 2021 AED 338,000; 2022 AED 370,000; 2023 AED 410,000; 2024 AED 450,000; 2025 AED 560,000Sold by developer, August 2015: AED 550,000 (AED 893 per sqft)Sold, August 2015: AED 673,598 (AED 1,094 per sqft)Sold, May 2017: AED 558,738 (AED 908 per sqft)Sold, August 2025: AED 600,000 (AED 975 per sqft)

506 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Silicon Gates 2
40K60K20152018202120242027Typical rent by year: 2015 AED 56,000; 2016 AED 57,000; 2017 AED 52,000; 2018 AED 43,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 32,000; 2023 AED 35,650; 2024 AED 42,350; 2025 AED 48,000; 2026 AED 47,000New contract, July 2017: AED 42,000 a yearNew contract, August 2019: AED 38,000 a yearNew contract, November 2022: AED 45,000 a yearRenewal, November 2023: AED 45,000 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 2, and where 506 sits

All 65 1-beds →

506 last sold in August 2025 at AED 975 per sqft, 20% above what one-beds in Silicon Gates 2 were fetching at the time (AED 811). 506's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2025550,000
11 Jun 2025600,000
5 May 2025560,000
31 Jan 2025520,000
0 1-bed sales in the last 12 months

Silicon Gates 2

Building

131 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%
Silicon Gates 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 131 units in Silicon Gates 2
Value
5011-bedAED 590K · Apr 2017
502StudioAED 490K · Nov 2015
503StudioAED 380K · Jul 2025
5041-bedAED 365K · Nov 2022
505StudioAED 308K · Mar 2024
507StudioAED 428K · Sep 2016
508StudioAED 200K · Oct 2020
1–7 of 17

506, Silicon Gates 2 in numbers

  • Sold 4 times: first on 3 August 2015 for AED 673,598, last on 1 August 2025 for AED 600,000 (AED 975 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 42,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 7,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 506, Silicon Gates 2

What did unit 506 last sell for?

AED 600,000 on 1 August 2025: AED 975 per sqft for 615 sqft. The unit has 4 registered sales; the first was AED 673,598 in August 2015.

What is the rent for unit 506?

AED 45,000 a year on the contract renewed on 25 November 2023. The previous contract, from November 2022, was AED 45,000; the unit has been rented since July 2017.

How big is unit 506?

615 sqft (57.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 506 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 506, Silicon Gates 2

Starts from the last sale price (AED 600K, 1 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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