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3-bed · 1,757 sqftSilicon Gates 1, Dubai Silicon Oasis · 4th floor · completed 2014

D407, Silicon Gates 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit D407 · DLD and Ejari recordsUpdated 5 December 2023
Last soldAED 1.6M29 October 2015
Current rentAED 110K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for D407, Silicon Gates 1

What is D407 worth today?

Last sold for AED 1,597,481 in 2015

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5 Dec 2023RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
1 Aug 2017RentedRenewal
AED 125,000/yr12 months · AED 71 per sqft
1 Aug 2016RentedNew contract
AED 125,000/yr12 months · AED 71 per sqft
29 Oct 2015Sold by developerReady
AED 1,597,481AED 909 per sqft

Source: Dubai Land Department. Updated 5 December 2023.

Key facts

Type
3-bed apartment
Size
1,757 sqft
Floor
4th of 25
Parking
B1-179
Developer
Time Properties
Completed
2014
Service charge
AED 26,200 /yr
Last sold
AED 1.6M · October 2015
Building
Silicon Gates 1

About D407, Silicon Gates 1

D407 is a three-bedroom apartment of 1,757 sqft on the 4th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. The developer sold it on 29 October 2015 for AED 1,597,481, or AED 909 per sqft, 24% above the AED 734 three-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 5 December 2023, is AED 110,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 26,200 a year.

Sales and rents for D407 over time

Sales
Unit D407, 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, October 2015: AED 1,597,481 (AED 909 per sqft)

D407 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit D407, 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, August 2016: AED 125,000 a yearRenewal, August 2017: AED 125,000 a yearNew contract, December 2023: AED 110,000 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 D407 sits

All 28 3-beds →

D407 last sold in October 2015 at AED 909 per sqft, 24% above what three-beds in Silicon Gates 1 were fetching at the time (AED 734). 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. D407's AED 110,000 is in the lower half 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 4th floor

All 865 units in Silicon Gates 1
Value
A4012-bedAED 942K · Jun 2015
A402StudioAED 325K · Sep 2023
A403AStudioAED 442K · Sep 2014
A403BStudioAED 290K · Nov 2022
A4041-bedAED 695K · Feb 2016
A405A1-bedAED 680K · Aug 2014
A405BStudioAED 370K · Jul 2025
1–7 of 41

D407, Silicon Gates 1 in numbers

  • Sold once: by Time Properties on 29 October 2015 for AED 1,597,481, or AED 909 per sqft.
  • Rented since August 2016 on 3 Ejari contracts, from AED 125,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 26,200 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 December 2023.

Questions about D407, Silicon Gates 1

What did unit D407 last sell for?

AED 1,597,481 on 29 October 2015, sold by the developer: AED 909 per sqft for 1,757 sqft. It is the only registered sale of the unit.

What is the rent for unit D407?

AED 110,000 a year on the contract signed on 5 December 2023. The previous contract, from August 2017, was AED 125,000; the unit has been rented since August 2016.

How big is unit D407?

1,757 sqft (163.2 sqm): a three-bedroom apartment on the 4th floor of a 25-storey tower completed in 2014.

What is unit D407 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 D407, Silicon Gates 1

Starts from the last sale price (AED 1.6M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,597,481
Deposit, UAE resident (20%)
AED 319,496
Deposit, non-resident (40%)
AED 638,992
Monthly over 25 years at 3.7%
AED 6,536

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