115, Silicon Gates 3
Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Silicon Gates 3
What is 115 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,066 sqft
- Floor
- 1st of 8
- Parking
- B-077
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 11,200 /yr
- Last sold
- AED 835K · January 2016
- Building
- Silicon Gates 3
About 115, Silicon Gates 3
115 is a two-bedroom apartment of 1,066 sqft on the 1st floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 27 January 2016 for AED 835,000, or AED 783 per sqft, 4% below the AED 812 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 61,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 11,200 a year.
Sales and rents for 115 over time
115 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Silicon Gates 3, and where 115 sits
All 32 2-beds →115 last sold in January 2016 at AED 783 per sqft, 4% below what two-beds in Silicon Gates 3 were fetching at the time (AED 812). Over the last 12 months two-beds sold for AED 870,000 to 1,005,000, around AED 895 per sqft, and rent for AED 20,000 to 75,000 a year. 115's AED 61,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 1,066 sqft | 1,005,000 | 942 | ||
| 17 Feb 202617 February 2026 | 1,027 sqft | 870,000 | 847 | ||
| 7 Oct 20257 October 2025 | 1,029 sqft | 765,000 | 743 | ||
| 19 Sep 202519 September 2025 | 1,029 sqft | 850,000 | 826 |
Silicon Gates 3
Building120 apartments, studios to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Time Properties. 8 sold in the last 12 months.
- Typical price per sqft
- AED 857
- Typical sale
- AED 960K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.4%
Other units on the 1st floor
All 120 units in Silicon Gates 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 3-bed | 1,133 sqft | AED 950KAED 950,000 · Jul 2025July 2025 | 50,000 /yr | |
| 102 | 3-bed | 1,133 sqft | AED 723KAED 722,785 · Feb 2015February 2015 | 83,000 /yr | |
| 103 | 2-bed | 1,029 sqft | AED 816KAED 816,361 · Jun 2014June 2014 | 43,000 /yr | |
| 104 | Studio | 377 sqft | AED 330KAED 330,000 · Apr 2023April 2023 | 43,200 /yr | |
| 105 | Studio | 347 sqft | AED 260KAED 260,000 · Mar 2023March 2023 | 17,850 /yr | |
| 106 | 1-bed | 761 sqft | AED 530KAED 530,000 · Oct 2025October 2025 | 52,000 /yr | |
| 107 | 1-bed | 725 sqft | AED 418KAED 418,000 · Oct 2023October 2023 | 42,000 /yr | |
| 108 | 1-bed | 715 sqft | AED 400KAED 400,000 · Oct 2023October 2023 | 43,000 /yr | |
| 109 | 2-bed | 1,026 sqft | AED 730KAED 730,000 · May 2024May 2024 | 60,081 /yr | |
| 110 | 2-bed | 1,027 sqft | AED 870KAED 870,000 · Feb 2026February 2026 | 14,127 /yr | |
| 111 | 1-bed | 747 sqft | AED 909KAED 909,340 · Jun 2015June 2015 | 47,000 /yr | |
| 112 | 1-bed | 681 sqft | AED 519KAED 518,956 · Apr 2014April 2014 | 56,000 /yr | |
| 113 | 1-bed | 710 sqft | AED 510KAED 510,000 · Jun 2025June 2025 | 55,650 /yr | |
| 114 | 1-bed | 680 sqft | AED 897KAED 897,432 · Jun 2015June 2015 | 36,000 /yr |
115, Silicon Gates 3 in numbers
- Sold twice: first on 15 June 2015 for AED 964,155, last on 27 January 2016 for AED 835,000 (AED 783 per sqft).
- Rented since March 2018 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 37,500 in 2020 and recovered to AED 61,000 by August 2024.
- At AED 61,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 11,200 a year (AED 10.48 per sqft).
- Two-beds in Silicon Gates 3 sold for AED 870,000–1,005,000 in the 12 months to November 2026; the building's median across all types is AED 857 per sqft.
Source: Dubai Land Department. Updated 1 August 2024.
Questions about 115, Silicon Gates 3
What did unit 115 last sell for?
AED 835,000 on 27 January 2016: AED 783 per sqft for 1,066 sqft. The unit has 2 registered sales; the first was AED 964,155 in June 2015.
What is the rent for unit 115?
AED 61,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 55,200; the unit has been rented since March 2018.
How big is unit 115?
1,066 sqft (99.0 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2009.
What is unit 115 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Silicon Gates 3 sold for AED 870,000 to 1,005,000 in the last 12 months, around AED 895 per sqft.
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Mortgage on 115, Silicon Gates 3
Starts from the last sale price (AED 835K, 27 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 835,000
- Deposit, UAE resident (20%)
- AED 167,000
- Deposit, non-resident (40%)
- AED 334,000
- Monthly over 25 years at 3.7%
- AED 3,416
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →