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1-bed · 622 sqftSilicon Gates 2, Dubai Silicon Oasis · 5th floor · completed 2014

513, Silicon Gates 2

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 400K21 March 2024
Current rentAED 25K /yr25 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, Silicon Gates 2

What is 513 worth today?

Last sold for AED 400,000 in 2024

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21 Mar 2024SoldReady
AED 400,000AED 643 per sqft
25 Sep 2021RentedRenewal
AED 25,000/yr12 months · AED 40 per sqft
25 Sep 2020RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
5 Jul 2019RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
5 Jul 2018RentedNew contract
AED 39,000/yr12 months · AED 62 per sqft
5 Mar 2016RentedNew contract
AED 57,000/yr12 months · AED 91 per sqft
14 Sep 2011Sold by developerOff-plan
AED 691,000AED 1,111 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
5th of 8
Parking
B-04
Developer
Time Properties
Completed
2014
Service charge
AED 7,800 /yr
Last sold
AED 400K · March 2024
Building
Silicon Gates 2

About 513, Silicon Gates 2

513 is a one-bedroom apartment of 622 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 21 March 2024 for AED 400,000, or AED 643 per sqft, 4% above the AED 619 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 25 September 2021, is AED 25,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical one-bed in Silicon Gates 2
400K600K2011201520192023Typical sale price by year: 2011 AED 687,781; 2015 AED 638,510; 2016 AED 615,000; 2017 AED 590,000; 2018 AED 420,000; 2019 AED 485,000; 2021 AED 338,000; 2022 AED 370,000; 2023 AED 410,000; 2024 AED 465,000; 2025 AED 560,000Sold by developer, September 2011: AED 691,000 (AED 1,111 per sqft)Sold, March 2024: AED 400,000 (AED 643 per sqft)

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

Rents
Unit 513, each contractTypical one-bed in Silicon Gates 2
20K40K60K2015201820212024Typical rent by year: 2015 AED 60,000; 2016 AED 57,000; 2017 AED 53,000; 2018 AED 45,000; 2019 AED 35,000; 2020 AED 29,000; 2021 AED 27,000; 2022 AED 32,000; 2023 AED 34,680; 2024 AED 42,900; 2025 AED 47,200New contract, March 2016: AED 57,000 a yearNew contract, July 2018: AED 39,000 a yearNew contract, July 2019: AED 34,000 a yearNew contract, September 2020: AED 26,000 a yearRenewal, September 2021: AED 25,000 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 2, and where 513 sits

All 62 1-beds →

513 last sold in March 2024 at AED 643 per sqft, 4% above what one-beds in Silicon Gates 2 were fetching at the time (AED 619). 513's AED 25,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 2025600,000
5 May 2025560,000
31 Jan 2025520,000
19 Dec 2024525,300
0 1-bed sales in the last 12 months

Silicon Gates 2

Building

131 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%
Silicon Gates 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 131 units in Silicon Gates 2
Value
5011-bedAED 590K · Apr 2017
502StudioAED 490K · Nov 2015
503StudioAED 380K · Jul 2025
5041-bedAED 365K · Nov 2022
505StudioAED 308K · Mar 2024
506AED 600K · Aug 2025
507StudioAED 428K · Sep 2016
1–7 of 17

513, Silicon Gates 2 in numbers

  • Sold twice: first on 14 September 2011 for AED 691,000, last on 21 March 2024 for AED 400,000 (AED 643 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 57,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 7,800 a year (AED 12.49 per sqft).

Source: Dubai Land Department. Updated 21 March 2024.

Questions about 513, Silicon Gates 2

What did unit 513 last sell for?

AED 400,000 on 21 March 2024: AED 643 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 691,000 in September 2011.

What is the rent for unit 513?

AED 25,000 a year on the contract renewed on 25 September 2021. The previous contract, from September 2020, was AED 26,000; the unit has been rented since March 2016.

How big is unit 513?

622 sqft (57.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 513 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 513, Silicon Gates 2

Starts from the last sale price (AED 400K, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →