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1-bed · 761 sqftSilicon Gates 3, Dubai Silicon Oasis · 5th floor · completed 2009

506, Silicon Gates 3

Sold prices and rental history: sold twice, last in November 2017, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 16 April 2019
Last soldAED 610K1 November 2017
Current rentAED 39K /yr16 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Silicon Gates 3

What is 506 worth today?

Last sold for AED 610,000 in 2017

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16 Apr 2019RentedNew contract
AED 39,000/yr12 months · AED 51 per sqft
5 Apr 2018RentedNew contract
AED 41,725/yr12 months · AED 55 per sqft
1 Nov 2017SoldReady
AED 610,000AED 801 per sqft
1 Mar 2016RentedNew contract
AED 62,000/yr12 months · AED 81 per sqft
7 May 2014Sold by developerReady
AED 594,534AED 780 per sqft

Source: Dubai Land Department. Updated 16 April 2019.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
5th of 8
Parking
G-027
Developer
Time Properties
Completed
2009
Service charge
AED 8,000 /yr
Last sold
AED 610K · November 2017
Building
Silicon Gates 3

About 506, Silicon Gates 3

506 is a one-bedroom apartment of 761 sqft on the 5th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 1 November 2017 for AED 610,000, or AED 801 per sqft, 5% below the AED 845 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 16 April 2019, is AED 39,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 8,000 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Silicon Gates 3
500K750K20102014201820222026Typical sale price by year: 2010 AED 877,773; 2011 AED 470,754; 2012 AED 476,963; 2013 AED 481,211; 2014 AED 582,575; 2015 AED 650,000; 2016 AED 488,689; 2017 AED 600,000; 2019 AED 500,000; 2021 AED 370,000; 2022 AED 355,000; 2023 AED 418,000; 2024 AED 530,000; 2025 AED 545,000Sold by developer, May 2014: AED 594,534 (AED 780 per sqft)Sold, November 2017: AED 610,000 (AED 801 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Silicon Gates 3
40K60K2014201820222026Typical rent by year: 2014 AED 59,892; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 39,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 35,000; 2024 AED 43,000; 2025 AED 45,150; 2026 AED 55,000New contract, March 2016: AED 62,000 a yearNew contract, April 2018: AED 41,725 a yearNew contract, April 2019: AED 39,000 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 3, and where 506 sits

All 56 1-beds →

506 last sold in November 2017 at AED 801 per sqft, 5% below what one-beds in Silicon Gates 3 were fetching at the time (AED 845). 506's AED 39,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 2025565,000
16 Jun 2025510,000
30 May 2025550,000
28 Apr 2025520,000
0 1-bed sales in the last 12 months

Silicon Gates 3

Building

120 apartments, studios to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Time Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 841
Typical sale
AED 908K
Typical rent
AED 53K /yr
Typical yield
9.1%
Silicon Gates 3, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 120 units in Silicon Gates 3
Value
5013-bedAED 1.52M · Oct 2014
5023-bedAED 945K · Feb 2026
5032-bedAED 525K · Aug 2021
504AED 462K · Oct 2025
505StudioAED 339K · Apr 2014
5071-bedAED 974K · Feb 2010
5081-bedAED 988K · Jun 2015
1–7 of 14

506, Silicon Gates 3 in numbers

  • Sold twice: first on 7 May 2014 for AED 594,534, last on 1 November 2017 for AED 610,000 (AED 801 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 62,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2017 price is 6.4%, before a service charge of about AED 8,000 a year (AED 10.48 per sqft).

Source: Dubai Land Department. Updated 16 April 2019.

Questions about 506, Silicon Gates 3

What did unit 506 last sell for?

AED 610,000 on 1 November 2017: AED 801 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 594,534 in May 2014.

What is the rent for unit 506?

AED 39,000 a year on the contract signed on 16 April 2019. The previous contract, from April 2018, was AED 41,725; the unit has been rented since March 2016.

How big is unit 506?

761 sqft (70.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.

What is unit 506 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 506, Silicon Gates 3

Starts from the last sale price (AED 610K, 1 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

Plus AED 30,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →