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1-bed · 807 sqftSilicon Gates 1, Dubai Silicon Oasis · 5th floor · completed 2014

C509, Silicon Gates 1

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

Unit C509 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 492K9 March 2015
Current rentAED 52K /yr4 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C509, Silicon Gates 1

What is C509 worth today?

Last sold for AED 491,750 in 2015

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4 Dec 2024RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
15 Dec 2023RentedNew contract
AED 36,200/yr3 months · AED 45 per sqft
14 Oct 2023RentedRenewal
AED 41,800/yr12 months · AED 52 per sqft
14 Oct 2022RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
10 Sep 2021RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft
10 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
20 Apr 2020RentedNew contract
AED 45,874/yr3 months · AED 57 per sqft
20 Apr 2019RentedNew contract
AED 46,000/yr12 months · AED 57 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2024.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
5th of 25
Parking
B3-271
Developer
Time Properties
Completed
2014
Service charge
AED 12,100 /yr
Last sold
AED 492K · March 2015
Building
Silicon Gates 1

About C509, Silicon Gates 1

C509 is a one-bedroom apartment of 807 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 9 March 2015 for AED 491,750, or AED 609 per sqft, 26% below the AED 823 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 4 December 2024, is AED 52,000 a year: a gross yield of 10.6% on the 2015 price, before the service charge of about AED 12,100 a year.

Sales and rents for C509 over time

Sales
Unit C509, 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, July 2009: AED 491,750 (AED 609 per sqft)Sold, March 2015: AED 491,750 (AED 609 per sqft)

C509 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit C509, 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, April 2015: AED 65,000 a yearRenewal, April 2016: AED 65,000 a yearNew contract, April 2017: AED 60,000 a yearRenewal, April 2018: AED 53,000 a yearNew contract, April 2019: AED 46,000 a yearNew contract, April 2020: AED 45,874 a yearNew contract, September 2020: AED 35,000 a yearNew contract, September 2021: AED 34,000 a yearNew contract, October 2022: AED 38,000 a yearRenewal, October 2023: AED 41,800 a yearNew contract, December 2023: AED 36,200 a yearNew contract, December 2024: AED 52,000 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 C509 sits

All 358 1-beds →

C509 last sold in March 2015 at AED 609 per sqft, 26% below what one-beds in Silicon Gates 1 were fetching at the time (AED 823). 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. C509's AED 52,000 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

C509, Silicon Gates 1 in numbers

  • Sold twice: first on 13 July 2009 for AED 491,750, last on 9 March 2015 for AED 491,750 (AED 609 per sqft).
  • Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 34,000 in 2021 and recovered to AED 52,000 by December 2024.
  • At AED 52,000 a year the gross yield on the 2015 price is 10.6%, before a service charge of about AED 12,100 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: YallaValue analysis of Dubai Land Department records. Updated 4 December 2024.

Questions about C509, Silicon Gates 1

What did unit C509 last sell for?

AED 491,750 on 9 March 2015: AED 609 per sqft for 807 sqft. The unit has 2 registered sales; the first was AED 491,750 in July 2009.

What is the rent for unit C509?

AED 52,000 a year on the contract signed on 4 December 2024. The previous contract, from December 2023, was AED 36,200; the unit has been rented since April 2015.

How big is unit C509?

807 sqft (75.0 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2014.

What is unit C509 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 C509, Silicon Gates 1

Starts from the last sale price (AED 492K, 9 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 491,750
Deposit, UAE resident (20%)
AED 98,350
Deposit, non-resident (40%)
AED 196,700
Monthly over 25 years at 3.7%
AED 2,012

Plus AED 23,564 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →