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1-bed · 699 sqftSilicon Gates 2, Dubai Silicon Oasis · 5th floor · completed 2014

510, Silicon Gates 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 595K8 September 2015
Current rentAED 50K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, Silicon Gates 2

What is 510 worth today?

Last sold for AED 594,583 in 2015

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1 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 72 per sqft
1 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 40 per sqft
25 Jul 2019RentedRenewal
AED 36,000/yr12 months · AED 51 per sqft
25 Jul 2018RentedNew contract
AED 43,000/yr12 months · AED 61 per sqft
8 Sep 2015Sold by developerReady
AED 594,583AED 850 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
699 sqft
Floor
5th of 8
Parking
B-05
Developer
Time Properties
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 595K · September 2015
Building
Silicon Gates 2

About 510, Silicon Gates 2

510 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 8 September 2015 for AED 594,583, or AED 850 per sqft, 3% above the AED 825 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 50,000 a year: a gross yield of 8.4% on the 2015 price, before the service charge of about AED 8,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, September 2015: AED 594,583 (AED 850 per sqft)

510 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 510, 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 2018: AED 43,000 a yearRenewal, July 2019: AED 36,000 a yearNew contract, October 2021: AED 28,000 a yearNew contract, November 2024: AED 50,000 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 510 sits

All 65 1-beds →

510 last sold in September 2015 at AED 850 per sqft, 3% above what one-beds in Silicon Gates 2 were fetching at the time (AED 825). 510's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 2025550,000
1 Aug 2025600,000
11 Jun 2025600,000
5 May 2025560,000
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
5061-bedAED 600K · Aug 2025
507StudioAED 428K · Sep 2016
1–7 of 17

510, Silicon Gates 2 in numbers

  • Sold once: by Time Properties on 8 September 2015 for AED 594,583, or AED 850 per sqft.
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 43,000 to AED 28,000 in 2021 and recovered to AED 50,000 by November 2024.
  • At AED 50,000 a year the gross yield on the 2015 price is 8.4%, before a service charge of about AED 8,700 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 510, Silicon Gates 2

What did unit 510 last sell for?

AED 594,583 on 8 September 2015, sold by the developer: AED 850 per sqft for 699 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 50,000 a year on the contract signed on 1 November 2024. The previous contract, from October 2021, was AED 28,000; the unit has been rented since July 2018.

How big is unit 510?

699 sqft (64.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 510 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 510, Silicon Gates 2

Starts from the last sale price (AED 595K, 8 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 594,583
Deposit, UAE resident (20%)
AED 118,917
Deposit, non-resident (40%)
AED 237,833
Monthly over 25 years at 3.7%
AED 2,433

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