2-bed · 1,028 sqftSilicon Gates 3, Dubai Silicon Oasis · 2nd floor · completed 2009

209, Silicon Gates 3

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

Unit 209 · DLD and Ejari recordsUpdated 31 July 2023
Last soldAED 861K30 April 2014
Current rentAED 52K /yr31 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Silicon Gates 3

What is 209 worth today?

Last sold for AED 861,288 in 2014

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31 Jul 2023RentedRenewal
AED 52,000/yr12 months · AED 50 per sqft
1 Jul 2022RentedRenewal
AED 45,000/yr13 months · AED 44 per sqft
1 Jun 2021RentedNew contract
AED 38,000/yr13 months · AED 37 per sqft
1 May 2020RentedRenewal
AED 45,000/yr12 months · AED 44 per sqft
1 May 2019RentedRenewal
AED 52,000/yr12 months · AED 50 per sqft
1 May 2018RentedNew contract
AED 58,000/yr12 months · AED 56 per sqft
30 Apr 2014SoldReady
AED 861,288AED 837 per sqft
25 Dec 2012Sold by developerOff-plan
AED 861,288AED 837 per sqft

Source: Dubai Land Department. Updated 31 July 2023.

Key facts

Type
2-bed apartment
Size
1,028 sqft
Floor
2nd of 8
Parking
B-075
Developer
Time Properties
Completed
2009
Service charge
AED 10,800 /yr
Last sold
AED 861K · April 2014

About 209, Silicon Gates 3

209 is a two-bedroom apartment of 1,028 sqft on the 2nd floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 30 April 2014 for AED 861,288, or AED 837 per sqft, in line with the AED 835 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 31 July 2023, is AED 52,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 10,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical two-bed in Silicon Gates 3
800K2012201620202024Typical sale price by year: 2014 AED 746,642; 2015 AED 945,949; 2016 AED 835,000; 2024 AED 682,166Sold by developer, December 2012: AED 861,288 (AED 837 per sqft)Sold, April 2014: AED 861,288 (AED 837 per sqft)

209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 209, each contractTypical two-bed in Silicon Gates 3
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 78,000; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 58,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 51,000; 2024 AED 59,800; 2025 AED 60,500; 2026 AED 62,000New contract, May 2018: AED 58,000 a yearRenewal, May 2019: AED 52,000 a yearRenewal, May 2020: AED 45,000 a yearNew contract, June 2021: AED 38,000 a yearRenewal, July 2022: AED 45,000 a yearRenewal, July 2023: AED 52,000 a year

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 209 sits

All 32 2-beds →

209 last sold in April 2014 at AED 837 per sqft, in line with what two-beds in Silicon Gates 3 were fetching at the time (AED 835). 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. 209's AED 52,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,005,000
17 Feb 2026870,000
7 Oct 2025765,000
19 Sep 2025850,000
2 2-bed sales in the last 12 months

Silicon Gates 3

Building

120 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%
Silicon Gates 3, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 120 units in Silicon Gates 3
Value
2013-bedAED 1.04M · Oct 2014
2023-bedAED 600K · Oct 2022
2032-bedAED 765K · Oct 2025
204StudioAED 200K · Sep 2019
205StudioAED 261K · Feb 2024
2061-bedAED 482K · Nov 2015
2071-bedAED 550K · May 2025
1–7 of 14

209, Silicon Gates 3 in numbers

  • Sold twice: first on 25 December 2012 for AED 861,288, last on 30 April 2014 for AED 861,288 (AED 837 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 38,000 in 2021 and recovered to AED 52,000 by July 2023.
  • At AED 52,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 10,800 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 31 July 2023.

Questions about 209, Silicon Gates 3

What did unit 209 last sell for?

AED 861,288 on 30 April 2014: AED 837 per sqft for 1,028 sqft. The unit has 2 registered sales; the first was AED 861,288 in December 2012.

What is the rent for unit 209?

AED 52,000 a year on the contract renewed on 31 July 2023. The previous contract, from July 2022, was AED 45,000; the unit has been rented since May 2018.

How big is unit 209?

1,028 sqft (95.5 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 209 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 209, Silicon Gates 3

Starts from the last sale price (AED 861K, 30 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 861,288
Deposit, UAE resident (20%)
AED 172,258
Deposit, non-resident (40%)
AED 344,515
Monthly over 25 years at 3.7%
AED 3,524

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