505, Silicon Gates 3
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Silicon Gates 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 347 sqft
- Floor
- 5th of 8
- Parking
- G-055
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 3,600 /yr
- Last sold
- AED 339K · April 2014
- Building
- Silicon Gates 3
About 505, Silicon Gates 3
505 is a studio of 347 sqft on the 5th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 13 April 2014 for AED 339,016, or AED 975 per sqft, in line with the AED 975 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 33,000 a year: a gross yield of 9.7% on the 2014 price, before the service charge of about AED 3,600 a year.
Sales and rents for 505 over time
505 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 3, and where 505 sits
All 16 studios →505 last sold in April 2014 at AED 975 per sqft, in line with what studios in Silicon Gates 3 were fetching at the time (AED 975). 505's AED 33,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202517 October 2025 | 377 sqft | 462,000 | 1,224 | ||
| 10 Jul 202510 July 2025 | 347 sqft | 365,000 | 1,050 | ||
| 20 Feb 202420 February 2024 | 347 sqft | 261,000 | 751 | ||
| 14 Nov 202314 November 2023 | 377 sqft | 320,000 | 848 |
Silicon Gates 3
Building120 apartments, studios to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Time Properties. 8 sold in the last 12 months.
- Typical price per sqft
- AED 857
- Typical sale
- AED 960K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.4%
Other units on the 5th floor
All 120 units in Silicon Gates 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,137 sqft | AED 1.52MAED 1,520,514 · Oct 2014October 2014 | 77,175 /yr | |
| 502 | 3-bed | 1,133 sqft | AED 945KAED 945,000 · Feb 2026February 2026 | 90,000 /yr | |
| 503 | 2-bed | 1,029 sqft | AED 525KAED 525,000 · Aug 2021August 2021 | 45,000 /yr | |
| 504 | Studio | 377 sqft | AED 462KAED 462,000 · Oct 2025October 2025 | 22,680 /yr | |
| 506 | 1-bed | 761 sqft | AED 610KAED 610,000 · Nov 2017November 2017 | 39,000 /yr | |
| 507 | 1-bed | 725 sqft | AED 974KAED 974,099 · Feb 2010February 2010 | 42,000 /yr | |
| 508 | 1-bed | 715 sqft | AED 988KAED 987,532 · Jun 2015June 2015 | 53,000 /yr | |
| 509 | 2-bed | 1,032 sqft | AED 610KAED 610,000 · Oct 2023October 2023 | 50,000 /yr | |
| 510 | 2-bed | 1,033 sqft | AED 1.3MAED 1,300,000 · May 2015May 2015 | 20,000 /yr | |
| 511 | 1-bed | 746 sqft | AED 592KAED 591,955 · Jan 2024January 2024 | 78,000 /yr | |
| 512 | 1-bed | 681 sqft | AED 500KAED 500,000 · Mar 2019March 2019 | 49,000 /yr | |
| 513 | 1-bed | 712 sqft | AED 600KAED 600,000 · Apr 2017April 2017 | 50,000 /yr | |
| 514 | 1-bed | 681 sqft | AED 614KAED 614,341 · Dec 2016December 2016 | 55,000 /yr | |
| 515 | 2-bed | 1,066 sqft | AED 1.01MAED 1,008,058 · Dec 2014December 2014 |
505, Silicon Gates 3 in numbers
- Sold once: by Time Properties on 13 April 2014 for AED 339,016, or AED 975 per sqft.
- Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 23,000 in 2022 and recovered to AED 33,000 by March 2026.
- At AED 33,000 a year the gross yield on the 2014 price is 9.7%, before a service charge of about AED 3,600 a year (AED 10.48 per sqft).
Source: Dubai Land Department. Updated 15 March 2026.
Questions about 505, Silicon Gates 3
What did unit 505 last sell for?
AED 339,016 on 13 April 2014, sold by the developer: AED 975 per sqft for 347 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 33,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 31,500; the unit has been rented since June 2014.
How big is unit 505?
347 sqft (32.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2009.
What is unit 505 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 505, Silicon Gates 3
Starts from the last sale price (AED 339K, 13 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 339,016
- Deposit, UAE resident (20%)
- AED 67,803
- Deposit, non-resident (40%)
- AED 135,606
- Monthly over 25 years at 3.7%
- AED 1,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →