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Studio · 347 sqftSilicon Gates 4, Dubai Silicon Oasis · 5th floor · completed 2015

509, Silicon Gates 4

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 20 May 2023
Last soldAED 195K7 April 2021
Current rentAED 28K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, Silicon Gates 4

What is 509 worth today?

Last sold for AED 195,000 in 2021

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20 May 2023RentedNew contract
AED 28,000/yr12 months · AED 81 per sqft
1 May 2022RentedRenewal
AED 19,500/yr12 months · AED 57 per sqft
7 Apr 2021SoldReady
AED 195,000AED 561 per sqft
5 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
9 Aug 2018RentedNew contract
AED 30,000/yr12 months · AED 87 per sqft
16 Apr 2018Sold by developerReady
AED 405,050AED 1,166 per sqft

Source: Dubai Land Department. Updated 20 May 2023.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
5th of 8
Parking
B1-110
Developer
Time Properties
Completed
2015
Service charge
AED 4,000 /yr
Last sold
AED 195K · April 2021
Building
Silicon Gates 4

About 509, Silicon Gates 4

509 is a studio of 347 sqft on the 5th floor of Silicon Gates 4, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Time Properties. It last sold on 7 April 2021 for AED 195,000, or AED 561 per sqft, 18% below the AED 686 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 May 2023, is AED 28,000 a year: a gross yield of 14.4% on the 2021 price, before the service charge of about AED 4,000 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical studio in Silicon Gates 4
200K300K400K2015201820212024Typical sale price by year: 2015 AED 308,940; 2016 AED 323,453; 2017 AED 297,493; 2018 AED 310,000; 2019 AED 275,000; 2020 AED 245,000; 2021 AED 200,000; 2022 AED 240,000; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 360,000Sold by developer, April 2018: AED 405,050 (AED 1,166 per sqft)Sold, April 2021: AED 195,000 (AED 561 per sqft)

509 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 509, each contractTypical studio in Silicon Gates 4
20K30K40K2016201920222025Typical rent by year: 2016 AED 39,786; 2017 AED 36,000; 2018 AED 31,000; 2019 AED 25,000; 2020 AED 21,000; 2021 AED 19,000; 2022 AED 23,000; 2023 AED 27,000; 2024 AED 31,500; 2025 AED 34,000; 2026 AED 40,000New contract, August 2018: AED 30,000 a yearNew contract, March 2020: AED 25,000 a yearRenewal, May 2022: AED 19,500 a yearNew contract, May 2023: AED 28,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 4, and where 509 sits

All 186 studios →

509 last sold in April 2021 at AED 561 per sqft, 18% below what studios in Silicon Gates 4 were fetching at the time (AED 686). Over the last 12 months studios sold for AED 410,000 to 450,000, around AED 1,297 per sqft, and rent for AED 27,930 to 48,000 a year. 509's AED 28,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026450,000
23 Jan 2026410,000
10 Jul 2025390,000
24 Jun 2025350,000
2 studio sales in the last 12 months

Silicon Gates 4

Building

297 apartments, studios to 4-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Time Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,199
Typical sale
AED 450K
Typical rent
AED 40K /yr
Typical yield
8.9%
Silicon Gates 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 297 units in Silicon Gates 4
Value
501StudioAED 175K · Jan 2017
502StudioAED 237K · Jan 2017
503StudioAED 392K · Jan 2017
504StudioAED 260K · May 2023
5051-bedAED 750K · Jul 2017
5061-bedAED 400K · Nov 2022
507StudioAED 350K · Dec 2024
1–7 of 38

509, Silicon Gates 4 in numbers

  • Sold twice: first on 16 April 2018 for AED 405,050, last on 7 April 2021 for AED 195,000 (AED 561 per sqft).
  • Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 19,500 in 2022 and recovered to AED 28,000 by May 2023.
  • At AED 28,000 a year the gross yield on the 2021 price is 14.4%, before a service charge of about AED 4,000 a year (AED 11.58 per sqft).
  • Studios in Silicon Gates 4 sold for AED 410,000–450,000 in the 12 months to November 2026; the building's median across all types is AED 1,199 per sqft.

Source: Dubai Land Department. Updated 20 May 2023.

Questions about 509, Silicon Gates 4

What did unit 509 last sell for?

AED 195,000 on 7 April 2021: AED 561 per sqft for 347 sqft. The unit has 2 registered sales; the first was AED 405,050 in April 2018.

What is the rent for unit 509?

AED 28,000 a year on the contract signed on 20 May 2023. The previous contract, from May 2022, was AED 19,500; the unit has been rented since August 2018.

How big is unit 509?

347 sqft (32.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2015.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 4 sold for AED 410,000 to 450,000 in the last 12 months, around AED 1,297 per sqft.

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Mortgage on 509, Silicon Gates 4

Starts from the last sale price (AED 195K, 7 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 195,000
Deposit, UAE resident (20%)
AED 39,000
Deposit, non-resident (40%)
AED 78,000
Monthly over 25 years at 3.7%
AED 798

Plus AED 11,100 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →