309, Silicon Gates 3
Sold prices and rental history: sold once, by the developer in November 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 309, Silicon Gates 3
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 978 sqft
- Floor
- 3rd of 8
- Parking
- B-071
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 835K · November 2016
- Building
- Silicon Gates 3
About 309, Silicon Gates 3
309 is a two-bedroom apartment of 978 sqft on the 3rd floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 29 November 2016 for AED 835,000, or AED 854 per sqft.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 36,000 a year: a gross yield of 4.3% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 309 over time
309 has sold once; 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 309 sits
All 32 2-beds →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. 309's AED 36,000 is in the lower 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 3rd floor
All 120 units in Silicon Gates 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,136 sqft | AED 975KAED 975,000 · Sep 2026September 2026 | 85,000 /yr | |
| 302 | 3-bed | 1,136 sqft | AED 737KAED 736,955 · Oct 2014October 2014 | 78,000 /yr | |
| 303 | 2-bed | 1,029 sqft | AED 720KAED 720,000 · Oct 2024October 2024 | 40,000 /yr | |
| 304 | Studio | 377 sqft | AED 520KAED 519,599 · May 2014May 2014 | 16,000 /yr | |
| 305 | Studio | 347 sqft | AED 300KAED 300,000 · Mar 2017March 2017 | 37,000 /yr | |
| 306 | 1-bed | 761 sqft | AED 650KAED 650,000 · May 2015May 2015 | 60,000 /yr | |
| 307 | 1-bed | 725 sqft | AED 650KAED 650,000 · Mar 2015March 2015 | 46,000 /yr | |
| 308 | 1-bed | 715 sqft | AED 565KAED 565,000 · Jul 2025July 2025 | 50,000 /yr | |
| 310 | 2-bed | 978 sqft | AED 1.29MAED 1,292,232 · Apr 2014April 2014 | 60,500 /yr | |
| 311 | 1-bed | 747 sqft | AED 680KAED 680,390 · May 2014May 2014 | 50,000 /yr | |
| 312 | 1-bed | 681 sqft | AED 320KAED 320,000 · Mar 2021March 2021 | 50,000 /yr | |
| 313 | 1-bed | 712 sqft | AED 400KAED 400,000 · Feb 2024February 2024 | 52,000 /yr | |
| 314 | 1-bed | 680 sqft | AED 500KAED 500,000 · Nov 2017November 2017 | 52,000 /yr | |
| 315 | 2-bed | 1,066 sqft | AED 1.01MAED 1,005,000 · Nov 2026November 2026 | 69,069 /yr |
309, Silicon Gates 3 in numbers
- Sold once: by Time Properties on 29 November 2016 for AED 835,000, or AED 854 per sqft.
- Rented since May 2018 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 8,686 in 2021 and recovered to AED 36,000 by June 2024.
- At AED 36,000 a year the gross yield on the 2016 price is 4.3%, before a service charge of about AED 10,200 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 June 2024.
Questions about 309, Silicon Gates 3
What did unit 309 last sell for?
AED 835,000 on 29 November 2016, sold by the developer: AED 854 per sqft for 978 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 36,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2024, was AED 36,000; the unit has been rented since May 2018.
How big is unit 309?
978 sqft (90.9 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.
What is unit 309 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 309, Silicon Gates 3
Starts from the last sale price (AED 835K, 29 November 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 →