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3-bed · 1,740 sqftSilicon Gates 1, Dubai Silicon Oasis · 6th floor · completed 2014

D-607, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D-607 · DLD and Ejari recordsUpdated 5 November 2020
Last soldAED 950K5 November 2020
Current rentAED 83K /yr10 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D-607, Silicon Gates 1

What is D-607 worth today?

Last sold for AED 950,000 in 2020

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5 Nov 2020SoldReady
AED 950,000AED 545 per sqft
10 Aug 2019RentedRenewal
AED 83,077/yr13 months · AED 48 per sqft
10 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 57 per sqft
10 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
20 Jan 2017RentedRenewal
AED 130,000/yr6 months · AED 75 per sqft
20 Jan 2016RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
20 Jan 2015RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
24 Dec 2014SoldReady
AED 740,000AED 425 per sqft

Source: Dubai Land Department. Updated 5 November 2020.

Key facts

Type
3-bed apartment
Size
1,740 sqft
Floor
6th of 25
Parking
B1-138,B1-139
Developer
Time Properties
Completed
2014
Service charge
AED 26,000 /yr
Last sold
AED 950K · November 2020
Building
Silicon Gates 1

About D-607, Silicon Gates 1

D-607 is a three-bedroom apartment of 1,740 sqft on the 6th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 5 November 2020 for AED 950,000, or AED 545 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 10 August 2019, is AED 83,077 a year: a gross yield of 8.7% on the 2020 price, before the service charge of about AED 26,000 a year.

Sales and rents for D-607 over time

Sales
Unit D-607, each saleTypical three-bed in Silicon Gates 1
1M1.5M20092013201720212025Typical sale price by year: 2009 AED 788,000; 2014 AED 1,512,881; 2015 AED 788,000; 2024 AED 1,330,000Sold by developer, July 2009: AED 740,000 (AED 425 per sqft)Sold, December 2014: AED 740,000 (AED 425 per sqft)Sold, November 2020: AED 950,000 (AED 545 per sqft)

D-607 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit D-607, each contractTypical three-bed in Silicon Gates 1
100K2014201820222026Typical rent by year: 2014 AED 132,500; 2015 AED 130,000; 2016 AED 122,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 78,000; 2022 AED 90,000; 2023 AED 100,000; 2024 AED 115,000; 2025 AED 116,500; 2026 AED 119,678New contract, January 2015: AED 130,000 a yearNew contract, January 2016: AED 130,000 a yearRenewal, January 2017: AED 130,000 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2018: AED 100,000 a yearRenewal, August 2019: AED 83,077 a year

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

3-beds in Silicon Gates 1, and where D-607 sits

All 28 3-beds →

Over the last 12 months three-beds sold for AED 1,400,000 to 2,000,000, around AED 930 per sqft, and rent for AED 100,618 to 141,000 a year. D-607's AED 83,077 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Mar 20262,000,000
12 Mar 20261,875,000
21 Nov 20251,400,000
29 Jul 20251,560,000
3 3-bed sales in the last 12 months

Silicon Gates 1

Building

865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 69 sold in the last 12 months.

Typical price per sqft
AED 877 Up 9.2%
Typical sale
AED 541K
Typical rent
AED 46K /yr
Typical yield
8.9%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 865 units in Silicon Gates 1
Value
A-6012-bedAED 1.17M · Dec 2024
A-602StudioAED 378K · Nov 2014
A-603AStudioAED 370K · May 2016
A-603BStudioAED 460K · Nov 2016
A-6041-bedAED 275K · Apr 2022
A-605A1-bedAED 809K · Aug 2014
A-605BStudioAED 400K · Sep 2017
1–7 of 41

D-607, Silicon Gates 1 in numbers

  • Sold 3 times: first on 13 July 2009 for AED 740,000, last on 5 November 2020 for AED 950,000 (AED 545 per sqft).
  • Rented since January 2015 on 6 Ejari contracts, from AED 130,000 to AED 83,077 a year.
  • At AED 83,077 a year the gross yield on the 2020 price is 8.7%, before a service charge of about AED 26,000 a year (AED 14.94 per sqft).
  • Three-beds in Silicon Gates 1 sold for AED 1,400,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 5 November 2020.

Questions about D-607, Silicon Gates 1

What did unit D-607 last sell for?

AED 950,000 on 5 November 2020: AED 545 per sqft for 1,740 sqft. The unit has 3 registered sales; the first was AED 740,000 in July 2009.

What is the rent for unit D-607?

AED 83,077 a year on the contract renewed on 10 August 2019. The previous contract, from August 2018, was AED 100,000; the unit has been rented since January 2015.

How big is unit D-607?

1,740 sqft (161.7 sqm): a three-bedroom apartment on the 6th floor of a 25-storey tower completed in 2014.

What is unit D-607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silicon Gates 1 sold for AED 1,400,000 to 2,000,000 in the last 12 months, around AED 930 per sqft.

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Mortgage on D-607, Silicon Gates 1

Starts from the last sale price (AED 950K, 5 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →