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1-bed · 849 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

B508, Silicon Gates 1

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B508 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 603K8 December 2014
Current rentAED 50K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B508, Silicon Gates 1

What is B508 worth today?

Last sold for AED 603,000 in 2014

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10 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
10 Oct 2024RentedNew contract
AED 39,000/yr12 months · AED 46 per sqft
17 Oct 2023RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
17 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
10 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
25 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
1 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
15 Dec 2018RentedNew contract
AED 46,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
1-bed apartment
Size
849 sqft
Floor
5th of 25
Parking
B3-266
Developer
Time Properties
Completed
2014
Service charge
AED 12,700 /yr
Last sold
AED 603K · December 2014
Building
Silicon Gates 1

About B508, Silicon Gates 1

B508 is a one-bedroom apartment of 849 sqft on the 5th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 8 December 2014 for AED 603,000, or AED 710 per sqft, 14% below the AED 830 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 50,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 12,700 a year.

Sales and rents for B508 over time

Sales
Unit B508, each saleTypical one-bed in Silicon Gates 1
400K600K2009201420192024Typical sale price by year: 2009 AED 646,173; 2011 AED 656,541; 2013 AED 579,802; 2014 AED 682,080; 2015 AED 652,500; 2016 AED 600,000; 2017 AED 630,000; 2018 AED 550,000; 2019 AED 425,000; 2020 AED 320,000; 2021 AED 389,000; 2022 AED 405,000; 2023 AED 450,000; 2024 AED 530,000; 2025 AED 622,500; 2026 AED 700,000Sold by developer, August 2009: AED 603,000 (AED 710 per sqft)Sold, December 2014: AED 603,000 (AED 710 per sqft)

B508 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit B508, each contractTypical one-bed in Silicon Gates 1
40K60K2014201820222026Typical rent by year: 2014 AED 64,913; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,675; 2024 AED 45,150; 2025 AED 52,000; 2026 AED 53,500New contract, May 2015: AED 65,000 a yearNew contract, July 2018: AED 50,000 a yearNew contract, December 2018: AED 46,000 a yearNew contract, August 2019: AED 40,000 a yearNew contract, August 2020: AED 35,000 a yearNew contract, October 2021: AED 30,000 a yearNew contract, October 2022: AED 32,000 a yearRenewal, October 2023: AED 36,000 a yearNew contract, October 2024: AED 39,000 a yearRenewal, October 2025: 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 1, and where B508 sits

All 358 1-beds →

B508 last sold in December 2014 at AED 710 per sqft, 14% below what one-beds in Silicon Gates 1 were fetching at the time (AED 830). Over the last 12 months one-beds sold for AED 343,480 to 750,000, around AED 835 per sqft, and rent for AED 37,491 to 78,000 a year. B508's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Feb 2026580,000
10 Feb 2026700,000
5 Feb 2026700,000
3 Feb 2026343,480
11 1-bed sales in the last 12 months

Silicon Gates 1

Building

865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 23 sold in the last 12 months.

Typical price per sqft
AED 937 Up 16.5%
Typical sale
AED 545K
Typical rent
AED 46K /yr
Typical yield
8.6%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 865 units in Silicon Gates 1
Value
A5012-bedAED 989K · Nov 2014
A502StudioAED 360K · Mar 2023
A503AStudioAED 400K · Nov 2014
A503BStudioAED 363K · Aug 2014
A5041-bedAED 529K · May 2015
A505A1-bedAED 823K · Jan 2015
A505BStudioAED 305K · Nov 2014
1–7 of 42

B508, Silicon Gates 1 in numbers

  • Sold twice: first on 9 August 2009 for AED 603,000, last on 8 December 2014 for AED 603,000 (AED 710 per sqft).
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 50,000 by October 2025.
  • At AED 50,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 12,700 a year (AED 14.94 per sqft).
  • One-beds in Silicon Gates 1 sold for AED 343,480–750,000 in the 12 months to November 2026; the building's median across all types is AED 937 per sqft.

Source: Dubai Land Department. Updated 10 October 2025.

Questions about B508, Silicon Gates 1

What did unit B508 last sell for?

AED 603,000 on 8 December 2014: AED 710 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 603,000 in August 2009.

What is the rent for unit B508?

AED 50,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 39,000; the unit has been rented since May 2015.

How big is unit B508?

849 sqft (78.9 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2014.

What is unit B508 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 1 sold for AED 343,480 to 750,000 in the last 12 months, around AED 835 per sqft.

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Mortgage on B508, Silicon Gates 1

Starts from the last sale price (AED 603K, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 603,000
Deposit, UAE resident (20%)
AED 120,600
Deposit, non-resident (40%)
AED 241,200
Monthly over 25 years at 3.7%
AED 2,467

Plus AED 30,336 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →