506, Silicon Gates 2
Sold prices and rental history: sold 4 times, last in August 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Silicon Gates 2
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- Apartment
- Size
- 615 sqft
- Floor
- 5th of 8
- Parking
- B-07
- Developer
- Time Properties
- Completed
- 2014
- Service charge
- AED 7,700 /yr
- Last sold
- AED 600K · August 2025
- Building
- Silicon Gates 2
About 506, Silicon Gates 2
506 is an apartment of 615 sqft on the 5th floor of Silicon Gates 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 1 August 2025 for AED 600,000, or AED 975 per sqft.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 25 November 2023, is AED 45,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 7,700 a year.
Silicon Gates 2
Building131 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,084
- Typical sale
- AED 420K
- Typical rent
- AED 42K /yr
- Typical yield
- 8.1%
Other units on the 5th floor
All 131 units in Silicon Gates 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 699 sqft | AED 590KAED 590,000 · Apr 2017April 2017 | 47,200 /yr | |
| 502 | Studio | 401 sqft | AED 490KAED 490,202 · Nov 2015November 2015 | 35,000 /yr | |
| 503 | Studio | 367 sqft | AED 380KAED 380,000 · Jul 2025July 2025 | 38,000 /yr | |
| 504 | 1-bed | 617 sqft | AED 365KAED 365,000 · Nov 2022November 2022 | 42,000 /yr | |
| 505 | Studio | 352 sqft | AED 308KAED 308,000 · Mar 2024March 2024 | 36,000 /yr | |
| 507 | Studio | 387 sqft | AED 428KAED 427,759 · Sep 2016September 2016 | 34,000 /yr | |
| 508 | Studio | 383 sqft | AED 200KAED 200,000 · Oct 2020October 2020 | 50,000 /yr | |
| 509 | 1-bed | 699 sqft | AED 741KAED 741,313 · Nov 2015November 2015 | 50,000 /yr | |
| 510 | 1-bed | 699 sqft | AED 595KAED 594,583 · Sep 2015September 2015 | 50,000 /yr | |
| 511 | Studio | 383 sqft | AED 245KAED 245,000 · Oct 2022October 2022 | 35,200 /yr | |
| 512 | Studio | 387 sqft | AED 250KAED 250,000 · Dec 2024December 2024 | 40,000 /yr | |
| 513 | 1-bed | 622 sqft | AED 400KAED 400,000 · Mar 2024March 2024 | 25,000 /yr | |
| 514 | Studio | 353 sqft | AED 400KAED 400,000 · Jun 2016June 2016 | 43,000 /yr | |
| 515 | 1-bed | 622 sqft | AED 645KAED 645,181 · Nov 2015November 2015 | 38,500 /yr | |
| 516 | Studio | 372 sqft | AED 410KAED 410,000 · Nov 2015November 2015 | 45,000 /yr | |
| 517 | Studio | 401 sqft | AED 245KAED 245,101 · Dec 2022December 2022 | 20,000 /yr | |
| 518 | 1-bed | 699 sqft | AED 747KAED 747,329 · Nov 2015November 2015 | 50,000 /yr |
506, Silicon Gates 2 in numbers
- Sold 4 times: first on 3 August 2015 for AED 673,598, last on 1 August 2025 for AED 600,000 (AED 975 per sqft).
- Rented since July 2017 on 4 Ejari contracts, from AED 42,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 7,700 a year (AED 12.49 per sqft).
Source: Dubai Land Department. Updated 1 August 2025.
Questions about 506, Silicon Gates 2
What did unit 506 last sell for?
AED 600,000 on 1 August 2025: AED 975 per sqft for 615 sqft. The unit has 4 registered sales; the first was AED 673,598 in August 2015.
What is the rent for unit 506?
AED 45,000 a year on the contract renewed on 25 November 2023. The previous contract, from November 2022, was AED 45,000; the unit has been rented since July 2017.
How big is unit 506?
615 sqft (57.1 sqm): an apartment on the 5th floor of a 8-storey tower completed in 2014.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Silicon Gates 2
Starts from the last sale price (AED 600K, 1 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →