Studio · 309 sqftSilicon Gates 1, Dubai Silicon Oasis · 3rd floor · completed 2014

D306, Silicon Gates 1

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D306 · DLD and Ejari recordsUpdated 16 April 2024
Last soldAED 219K10 November 2014
Current rentAED 29K /yr16 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for D306, Silicon Gates 1

What is D306 worth today?

Last sold for AED 218,540 in 2014

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16 Apr 2024RentedRenewal
AED 29,095/yr12 months · AED 94 per sqft
16 Apr 2023RentedRenewal
AED 26,450/yr12 months · AED 86 per sqft
16 Apr 2022RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
1 Jul 2018RentedNew contract
AED 30,000/yr12 months · AED 96 per sqft
10 Nov 2014SoldReady
AED 218,540AED 707 per sqft
6 Aug 2009Sold by developerOff-plan
AED 218,540AED 707 per sqft

Source: Dubai Land Department. Updated 16 April 2024.

Key facts

Type
Studio apartment
Size
309 sqft
Floor
3rd of 25
Parking
B3-175
Developer
Time Properties
Completed
2014
Service charge
AED 4,600 /yr
Last sold
AED 219K · November 2014

About D306, Silicon Gates 1

D306 is a studio of 309 sqft on the 3rd floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 10 November 2014 for AED 218,540, or AED 707 per sqft, 19% below the AED 868 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 16 April 2024, is AED 29,095 a year: a gross yield of 13.3% on the 2014 price, before the service charge of about AED 4,600 a year.

Sales and rents for D306 over time

Sales
Unit D306, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 328,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 175,000; 2013 AED 331,920; 2014 AED 357,000; 2015 AED 351,903; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 235,000; 2021 AED 252,500; 2022 AED 252,500; 2023 AED 300,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 452,500Sold by developer, August 2009: AED 218,540 (AED 707 per sqft)Sold, November 2014: AED 218,540 (AED 707 per sqft)

D306 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit D306, each contractTypical studio in Silicon Gates 1
20K40K2014201820222026Typical rent by year: 2014 AED 44,880; 2015 AED 45,000; 2016 AED 45,000; 2017 AED 40,000; 2018 AED 35,500; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,915; 2024 AED 33,500; 2025 AED 36,000; 2026 AED 38,000New contract, July 2018: AED 30,000 a yearNew contract, April 2022: AED 23,000 a yearRenewal, April 2023: AED 26,450 a yearRenewal, April 2024: AED 29,095 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 1, and where D306 sits

All 376 studios →

D306 last sold in November 2014 at AED 707 per sqft, 19% below what studios in Silicon Gates 1 were fetching at the time (AED 868). Over the last 12 months studios sold for AED 285,000 to 545,000, around AED 1,105 per sqft, and rent for AED 27,500 to 68,400 a year. D306's AED 29,095 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026480,000
15 Oct 2026422,000
1 Oct 2026500,000
22 Sep 2026405,000
32 studio 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 3rd floor

All 865 units in Silicon Gates 1
Value
A3012-bedAED 394K · Dec 2014
A302StudioAED 268K · Dec 2022
A303AStudioAED 545K · Feb 2026
A303BStudioAED 435K · Nov 2014
A3041-bedAED 615K · Nov 2024
A305A1-bedAED 1.03M · Aug 2014
A305BStudioAED 455K · Sep 2015
1–7 of 41

D306, Silicon Gates 1 in numbers

  • Sold twice: first on 6 August 2009 for AED 218,540, last on 10 November 2014 for AED 218,540 (AED 707 per sqft).
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 23,000 in 2022 and recovered to AED 29,095 by April 2024.
  • At AED 29,095 a year the gross yield on the 2014 price is 13.3%, before a service charge of about AED 4,600 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 285,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 16 April 2024.

Questions about D306, Silicon Gates 1

What did unit D306 last sell for?

AED 218,540 on 10 November 2014: AED 707 per sqft for 309 sqft. The unit has 2 registered sales; the first was AED 218,540 in August 2009.

What is the rent for unit D306?

AED 29,095 a year on the contract renewed on 16 April 2024. The previous contract, from April 2023, was AED 26,450; the unit has been rented since July 2018.

How big is unit D306?

309 sqft (28.7 sqm): a studio on the 3rd floor of a 25-storey tower completed in 2014.

What is unit D306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 1 sold for AED 285,000 to 545,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on D306, Silicon Gates 1

Starts from the last sale price (AED 219K, 10 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 218,540
Deposit, UAE resident (20%)
AED 43,708
Deposit, non-resident (40%)
AED 87,416
Monthly over 25 years at 3.7%
AED 894

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