507, Silicon Gates 2
Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Silicon Gates 2
What is 507 worth today?
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Source: Dubai Land Department. Updated 13 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 5th of 8
- Parking
- B-22
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 4,800 /yr
- Last sold
- AED 428K · September 2016
- Building
- Silicon Gates 2
About 507, Silicon Gates 2
507 is a studio of 387 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 27 September 2016 for AED 427,759, or AED 1,105 per sqft, in line with the AED 1,108 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 13 May 2025, is AED 34,000 a year: a gross yield of 8.0% on the 2016 price, before the service charge of about AED 4,800 a year.
Sales and rents for 507 over time
507 has sold once; 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 507 sits
All 64 studios →507 last sold in September 2016 at AED 1,105 per sqft, in line with what studios in Silicon Gates 2 were fetching at the time (AED 1,108). 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. 507's AED 34,000 is in the lower 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 | |
| 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 | |
| 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 |
507, Silicon Gates 2 in numbers
- Sold once: by Time Properties on 27 September 2016 for AED 427,759, or AED 1,105 per sqft.
- Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 18,000 in 2021 and recovered to AED 34,000 by May 2025.
- At AED 34,000 a year the gross yield on the 2016 price is 8.0%, before a service charge of about AED 4,800 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 13 May 2025.
Questions about 507, Silicon Gates 2
What did unit 507 last sell for?
AED 427,759 on 27 September 2016, sold by the developer: AED 1,105 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 34,000 a year on the contract signed on 13 May 2025. The previous contract, from May 2024, was AED 37,000; the unit has been rented since October 2016.
How big is unit 507?
387 sqft (36.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.
What is unit 507 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 507, Silicon Gates 2
Starts from the last sale price (AED 428K, 27 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 427,759
- Deposit, UAE resident (20%)
- AED 85,552
- Deposit, non-resident (40%)
- AED 171,104
- Monthly over 25 years at 3.7%
- AED 1,750
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →