2-bed · 1,029 sqftSilicon Gates 3, Dubai Silicon Oasis · 3rd floor · completed 2009

303, Silicon Gates 3

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 720K24 October 2024
Current rentAED 40K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Silicon Gates 3

What is 303 worth today?

Last sold for AED 720,000 in 2024

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24 Oct 2024SoldReady
AED 720,000AED 699 per sqft
1 Sep 2022RentedRenewal
AED 40,000/yr12 months · AED 39 per sqft
1 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 35 per sqft
5 Mar 2019RentedNew contract
AED 55,000/yr12 months · AED 53 per sqft
30 Oct 2017RentedRenewal
AED 70,000/yr12 months · AED 68 per sqft
30 Oct 2016RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
30 Oct 2014RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
28 Aug 2014SoldReady
AED 455,000AED 441 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
2-bed apartment
Size
1,029 sqft
Floor
3rd of 8
Parking
B-072
Developer
Time Properties
Completed
2009
Service charge
AED 10,800 /yr
Last sold
AED 720K · October 2024

About 303, Silicon Gates 3

303 is a two-bedroom apartment of 1,029 sqft on the 3rd floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 24 October 2024 for AED 720,000, or AED 699 per sqft, in line with the AED 699 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 40,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 10,800 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Silicon Gates 3
500K750K1M2014201720202023Typical sale price by year: 2014 AED 746,642; 2015 AED 945,949; 2016 AED 835,000; 2024 AED 682,166Sold by developer, May 2014: AED 565,173 (AED 548 per sqft)Sold, August 2014: AED 455,000 (AED 441 per sqft)Sold, October 2024: AED 720,000 (AED 699 per sqft)

303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 303, 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, October 2014: AED 80,000 a yearNew contract, October 2016: AED 80,000 a yearRenewal, October 2017: AED 70,000 a yearNew contract, March 2019: AED 55,000 a yearNew contract, September 2021: AED 36,000 a yearRenewal, September 2022: AED 40,000 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 303 sits

All 32 2-beds →

303 last sold in October 2024 at AED 699 per sqft, in line with what two-beds in Silicon Gates 3 were fetching at the time (AED 699). 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. 303's AED 40,000 is in the lower 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 3rd floor

All 120 units in Silicon Gates 3
Value
3013-bedAED 975K · Sep 2026
3023-bedAED 737K · Oct 2014
304StudioAED 520K · May 2014
305StudioAED 300K · Mar 2017
3061-bedAED 650K · May 2015
3071-bedAED 650K · Mar 2015
3081-bedAED 565K · Jul 2025
1–7 of 14

303, Silicon Gates 3 in numbers

  • Sold 3 times: first on 7 May 2014 for AED 565,173, last on 24 October 2024 for AED 720,000 (AED 699 per sqft).
  • Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 36,000 in 2021 and recovered to AED 40,000 by September 2022.
  • At AED 40,000 a year the gross yield on the 2024 price is 5.6%, 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 24 October 2024.

Questions about 303, Silicon Gates 3

What did unit 303 last sell for?

AED 720,000 on 24 October 2024: AED 699 per sqft for 1,029 sqft. The unit has 3 registered sales; the first was AED 565,173 in May 2014.

What is the rent for unit 303?

AED 40,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 36,000; the unit has been rented since October 2014.

How big is unit 303?

1,029 sqft (95.6 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 303 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 303, Silicon Gates 3

Starts from the last sale price (AED 720K, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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