506, Silicon Gates 3
Sold prices and rental history: sold twice, last in November 2017, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Silicon Gates 3
What is 506 worth today?
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Source: Dubai Land Department. Updated 16 April 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 761 sqft
- Floor
- 5th of 8
- Parking
- G-027
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 8,000 /yr
- Last sold
- AED 610K · November 2017
- Building
- Silicon Gates 3
About 506, Silicon Gates 3
506 is a one-bedroom apartment of 761 sqft on the 5th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 1 November 2017 for AED 610,000, or AED 801 per sqft, 5% below the AED 843 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 16 April 2019, is AED 39,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 8,000 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 3, and where 506 sits
All 60 1-beds →506 last sold in November 2017 at AED 801 per sqft, 5% below what one-beds in Silicon Gates 3 were fetching at the time (AED 843). Over the last 12 months one-beds sold for AED 610,000 to 625,000, around AED 857 per sqft, and rent for AED 35,000 to 78,000 a year. 506's AED 39,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jun 20265 June 2026 | 766 sqft | 610,000 | 796 | ||
| 26 Mar 202626 March 2026 | 680 sqft | 625,000 | 918 | ||
| 3 Oct 20253 October 2025 | 725 sqft | 585,000 | 806 | ||
| 1 Oct 20251 October 2025 | 761 sqft | 530,000 | 696 |
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 | |
| 505 | Studio | 347 sqft | AED 339KAED 339,016 · Apr 2014April 2014 | 33,000 /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 |
506, Silicon Gates 3 in numbers
- Sold twice: first on 7 May 2014 for AED 594,534, last on 1 November 2017 for AED 610,000 (AED 801 per sqft).
- Rented since March 2016 on 3 Ejari contracts, from AED 62,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2017 price is 6.4%, before a service charge of about AED 8,000 a year (AED 10.48 per sqft).
- One-beds in Silicon Gates 3 sold for AED 610,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 857 per sqft.
Source: Dubai Land Department. Updated 16 April 2019.
Questions about 506, Silicon Gates 3
What did unit 506 last sell for?
AED 610,000 on 1 November 2017: AED 801 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 594,534 in May 2014.
What is the rent for unit 506?
AED 39,000 a year on the contract signed on 16 April 2019. The previous contract, from April 2018, was AED 41,725; the unit has been rented since March 2016.
How big is unit 506?
761 sqft (70.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 3 sold for AED 610,000 to 625,000 in the last 12 months, around AED 857 per sqft.
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Mortgage on 506, Silicon Gates 3
Starts from the last sale price (AED 610K, 1 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →