Studio · 377 sqftSilicon Gates 3, Dubai Silicon Oasis · 3rd floor · completed 2009

304, Silicon Gates 3

Sold prices and rental history: sold twice, last in May 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 16 February 2019
Last soldAED 520K1 May 2014
Current rentAED 16K /yr16 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Silicon Gates 3

What is 304 worth today?

Last sold for AED 519,599 in 2014

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16 Feb 2019RentedNew contract
AED 16,000/yr60 months · AED 42 per sqft
18 Apr 2015RentedNew contract
AED 19,417/yr37 months · AED 52 per sqft
1 May 2014SoldReady
AED 519,599AED 1,377 per sqft
19 Apr 2011Sold by developerOff-plan
AED 519,599AED 1,377 per sqft

Source: Dubai Land Department. Updated 16 February 2019.

Key facts

Type
Studio apartment
Size
377 sqft
Floor
3rd of 8
Parking
G-050
Developer
Time Properties
Completed
2009
Service charge
AED 4,000 /yr
Last sold
AED 520K · May 2014

About 304, Silicon Gates 3

304 is a studio of 377 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 1 May 2014 for AED 519,599, or AED 1,377 per sqft, 28% above the AED 1,073 studios in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 16 February 2019, is AED 16,000 a year: a gross yield of 3.1% on the 2014 price, before the service charge of about AED 4,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Silicon Gates 3
400K2011201520192023Typical sale price by year: 2011 AED 435,508; 2012 AED 257,250; 2014 AED 363,008; 2016 AED 257,250; 2017 AED 380,000; 2023 AED 290,000Sold by developer, April 2011: AED 519,599 (AED 1,377 per sqft)Sold, May 2014: AED 519,599 (AED 1,377 per sqft)

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

Rents
Unit 304, each contractTypical studio in Silicon Gates 3
20K40K20152018202120242027Typical rent by year: 2015 AED 37,500; 2016 AED 40,000; 2017 AED 38,000; 2018 AED 36,000; 2019 AED 25,856; 2020 AED 25,000; 2021 AED 20,000; 2022 AED 22,000; 2023 AED 26,000; 2024 AED 32,000; 2025 AED 32,750; 2026 AED 36,750New contract, April 2015: AED 19,417 a yearNew contract, February 2019: AED 16,000 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 3, and where 304 sits

All 16 studios →

304 last sold in May 2014 at AED 1,377 per sqft, 28% above what studios in Silicon Gates 3 were fetching at the time (AED 1,073). 304's AED 16,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Oct 2025462,000
10 Jul 2025365,000
20 Feb 2024261,000
14 Nov 2023320,000
0 studio 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
3032-bedAED 720K · Oct 2024
305StudioAED 300K · Mar 2017
3061-bedAED 650K · May 2015
3071-bedAED 650K · Mar 2015
3081-bedAED 565K · Jul 2025
1–7 of 14

304, Silicon Gates 3 in numbers

  • Sold twice: first on 19 April 2011 for AED 519,599, last on 1 May 2014 for AED 519,599 (AED 1,377 per sqft).
  • Rented since April 2015 on 2 Ejari contracts, from AED 19,417 to AED 16,000 a year.
  • At AED 16,000 a year the gross yield on the 2014 price is 3.1%, before a service charge of about AED 4,000 a year (AED 10.48 per sqft).

Source: Dubai Land Department. Updated 16 February 2019.

Questions about 304, Silicon Gates 3

What did unit 304 last sell for?

AED 519,599 on 1 May 2014: AED 1,377 per sqft for 377 sqft. The unit has 2 registered sales; the first was AED 519,599 in April 2011.

What is the rent for unit 304?

AED 16,000 a year on the contract signed on 16 February 2019. The previous contract, from April 2015, was AED 19,417.

How big is unit 304?

377 sqft (35.0 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Silicon Gates 3

Starts from the last sale price (AED 520K, 1 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 519,599
Deposit, UAE resident (20%)
AED 103,920
Deposit, non-resident (40%)
AED 207,840
Monthly over 25 years at 3.7%
AED 2,126

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