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1-bed · 661 sqftSilicon Gates 4, Dubai Silicon Oasis · 5th floor · completed 2015

505, Silicon Gates 4

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 3 November 2023
Last soldAED 750K24 July 2017
Current rentAED 45K /yr3 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Silicon Gates 4

What is 505 worth today?

Last sold for AED 750,000 in 2017

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3 Nov 2023RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
23 Jul 2022RentedNew contract
AED 33,000/yr12 months · AED 50 per sqft
13 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
20 Dec 2019RentedNew contract
AED 38,000/yr12 months · AED 58 per sqft
2 Nov 2018RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
25 Jul 2017RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
24 Jul 2017SoldReady
AED 750,000AED 1,135 per sqft
20 Jun 2017Sold by developerOff-plan
AED 523,406AED 792 per sqft

Source: Dubai Land Department. Updated 3 November 2023.

Key facts

Type
1-bed apartment
Size
661 sqft
Floor
5th of 8
Parking
G-93
Developer
Time Properties
Completed
2015
Service charge
AED 7,700 /yr
Last sold
AED 750K · July 2017
Building
Silicon Gates 4

About 505, Silicon Gates 4

505 is a one-bedroom apartment of 661 sqft on the 5th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 24 July 2017 for AED 750,000, or AED 1,135 per sqft, 29% above the AED 883 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 3 November 2023, is AED 45,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 7,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Silicon Gates 4
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 613,365; 2016 AED 591,608; 2017 AED 526,188; 2018 AED 475,000; 2020 AED 340,000; 2021 AED 340,000; 2022 AED 365,000; 2023 AED 375,000; 2024 AED 470,000; 2025 AED 545,000; 2026 AED 605,000Sold by developer, June 2017: AED 523,406 (AED 792 per sqft)Sold, July 2017: AED 750,000 (AED 1,135 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Silicon Gates 4
40K60K2016201920222025Typical rent by year: 2016 AED 55,500; 2017 AED 52,000; 2018 AED 46,000; 2019 AED 39,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 43,602; 2025 AED 50,000; 2026 AED 48,650New contract, July 2017: AED 55,000 a yearNew contract, November 2018: AED 45,000 a yearNew contract, December 2019: AED 38,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, July 2022: AED 33,000 a yearNew contract, November 2023: AED 45,000 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 4, and where 505 sits

All 98 1-beds →

505 last sold in July 2017 at AED 1,135 per sqft, 29% above what one-beds in Silicon Gates 4 were fetching at the time (AED 883). Over the last 12 months one-beds sold for AED 535,000 to 660,000, around AED 911 per sqft, and rent for AED 30,000 to 70,000 a year. 505's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026535,000
9 Jul 2026630,000
1 May 2026580,000
13 Apr 2026605,000
5 1-bed sales in the last 12 months

Silicon Gates 4

Building

297 apartments, studios to 4-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Time Properties. 18 sold in the last 12 months.

Typical price per sqft
AED 1,147 Up 22.4%
Typical sale
AED 445K
Typical rent
AED 40K /yr
Typical yield
8.3%
Silicon Gates 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 297 units in Silicon Gates 4
Value
501StudioAED 175K · Jan 2017
502StudioAED 237K · Jan 2017
503StudioAED 392K · Jan 2017
504StudioAED 260K · May 2023
5061-bedAED 400K · Nov 2022
507StudioAED 350K · Dec 2024
508StudioAED 275K · Nov 2019
1–7 of 38

505, Silicon Gates 4 in numbers

  • Sold twice: first on 20 June 2017 for AED 523,406, last on 24 July 2017 for AED 750,000 (AED 1,135 per sqft).
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2021 and recovered to AED 45,000 by November 2023.
  • At AED 45,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 7,700 a year (AED 11.58 per sqft).
  • One-beds in Silicon Gates 4 sold for AED 535,000–660,000 in the 12 months to November 2026; the building's median across all types is AED 1,147 per sqft.

Source: Dubai Land Department. Updated 3 November 2023.

Questions about 505, Silicon Gates 4

What did unit 505 last sell for?

AED 750,000 on 24 July 2017: AED 1,135 per sqft for 661 sqft. The unit has 2 registered sales; the first was AED 523,406 in June 2017.

What is the rent for unit 505?

AED 45,000 a year on the contract signed on 3 November 2023. The previous contract, from July 2022, was AED 33,000; the unit has been rented since July 2017.

How big is unit 505?

661 sqft (61.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 505 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 4 sold for AED 535,000 to 660,000 in the last 12 months, around AED 911 per sqft.

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Mortgage on 505, Silicon Gates 4

Starts from the last sale price (AED 750K, 24 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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