511, Silicon Gates 2
Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Silicon Gates 2
What is 511 worth today?
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Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 383 sqft
- Floor
- 5th of 8
- Parking
- B-20
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 4,800 /yr
- Last sold
- AED 245K · October 2022
- Building
- Silicon Gates 2
About 511, Silicon Gates 2
511 is a studio of 383 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 11 October 2022 for AED 245,000, or AED 640 per sqft, 4% below the AED 667 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 37,500 a year: a gross yield of 15.3% on the 2022 price, before the service charge of about AED 4,800 a year.
Sales and rents for 511 over time
511 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 511 sits
All 64 studios →511 last sold in October 2022 at AED 640 per sqft, 4% below what studios in Silicon Gates 2 were fetching at the time (AED 667). 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. 511's AED 37,500 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 | |
| 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 | |
| 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 |
511, Silicon Gates 2 in numbers
- Sold twice: first on 24 October 2015 for AED 462,577, last on 11 October 2022 for AED 245,000 (AED 640 per sqft).
- Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 19,000 in 2021 and recovered to AED 37,500 by October 2026.
- At AED 37,500 a year the gross yield on the 2022 price is 15.3%, 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 15 October 2026.
Questions about 511, Silicon Gates 2
What did unit 511 last sell for?
AED 245,000 on 11 October 2022: AED 640 per sqft for 383 sqft. The unit has 2 registered sales; the first was AED 462,577 in October 2015.
What is the rent for unit 511?
AED 37,500 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 35,200; the unit has been rented since October 2015.
How big is unit 511?
383 sqft (35.6 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.
What is unit 511 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 511, Silicon Gates 2
Starts from the last sale price (AED 245K, 11 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 245,000
- Deposit, UAE resident (20%)
- AED 49,000
- Deposit, non-resident (40%)
- AED 98,000
- Monthly over 25 years at 3.7%
- AED 1,002
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →