The structure of carbon nanotubes behaves as a p-type semiconductor deposited on the n-silicon wafer formed P-N junction was investigated. This structure of Au/CNTs/n-Si/Al has novel electric and dielectric properties such as high rectification ratio, low dielectric loss tangent, and high dielectric loss (ɛ'), which increases with declines frequency reaches to 4x104 in the positive direction of dielectric constant at a frequency equals 100 Hz and reaches to -1x106 in the negative region of dielectric constant at frequency 10 Hz. The dielectric loss tangent (tanδ) has low values which are raised with a decline in frequencies, causing their values to fluctuate from 0.15 to 0. 20. The ɛ' and tanδ have negative values at high and low frequencies, though the ɛ' has positive values at mid frequencies. The electrical properties of this device were investigated by studying I-V, Cheung, dv/dlnI, and Norde characterization. The parameters such as rectification ratio (RR), the resistance of junction (Rj), barrier height (ɸb), and ideality factor were calculated.