1-bed · 681 sqftSilicon Gates 3, Dubai Silicon Oasis · 3rd floor · completed 2009

312, Silicon Gates 3

Sold prices and rental history: sold 4 times, last in March 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 320K29 March 2021
Current rentAED 50K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Silicon Gates 3

What is 312 worth today?

Last sold for AED 320,000 in 2021

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1 May 2024RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
25 May 2023RentedRenewal
AED 34,000/yr12 months · AED 50 per sqft
25 May 2022RentedNew contract
AED 31,000/yr12 months · AED 46 per sqft
25 May 2021RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft
29 Mar 2021SoldReady
AED 320,000AED 469 per sqft
7 Apr 2019RentedRenewal
AED 44,000/yr12 months · AED 65 per sqft
7 Apr 2018RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
7 Apr 2017RentedNew contract
AED 56,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
3rd of 8
Parking
G-017
Developer
Time Properties
Completed
2009
Service charge
AED 7,100 /yr
Last sold
AED 320K · March 2021

About 312, Silicon Gates 3

312 is a one-bedroom apartment of 681 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 29 March 2021 for AED 320,000, or AED 469 per sqft, in line with the AED 481 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 May 2024, is AED 50,000 a year: a gross yield of 15.6% on the 2021 price, before the service charge of about AED 7,100 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Silicon Gates 3
500K20102014201820222026Typical sale price by year: 2010 AED 877,773; 2011 AED 467,396; 2012 AED 476,963; 2013 AED 481,211; 2014 AED 582,575; 2015 AED 650,000; 2016 AED 514,345; 2017 AED 600,000; 2019 AED 500,000; 2020 AED 375,000; 2021 AED 365,000; 2022 AED 355,000; 2023 AED 418,000; 2024 AED 505,000; 2025 AED 545,000Sold by developer, June 2010: AED 865,688 (AED 1,271 per sqft)Sold, April 2014: AED 865,688 (AED 1,271 per sqft)Sold, April 2017: AED 550,000 (AED 807 per sqft)Sold, March 2021: AED 320,000 (AED 469 per sqft)

312 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 312, each contractTypical one-bed in Silicon Gates 3
40K60K2014201820222026Typical rent by year: 2014 AED 59,783; 2015 AED 60,000; 2016 AED 59,774; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 39,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 31,350; 2023 AED 35,250; 2024 AED 42,591; 2025 AED 45,150; 2026 AED 50,000New contract, March 2015: AED 59,783 a yearRenewal, February 2016: AED 59,400 a yearNew contract, December 2016: AED 60,000 a yearNew contract, April 2017: AED 56,000 a yearNew contract, April 2018: AED 50,000 a yearRenewal, April 2019: AED 44,000 a yearNew contract, May 2021: AED 27,000 a yearNew contract, May 2022: AED 31,000 a yearRenewal, May 2023: AED 34,000 a yearNew contract, May 2024: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Silicon Gates 3, and where 312 sits

All 60 1-beds →

312 last sold in March 2021 at AED 469 per sqft, in line with what one-beds in Silicon Gates 3 were fetching at the time (AED 481). Over the last 12 months one-beds sold for AED 610,000 to 625,000, around AED 857 per sqft, and rent for AED 35,000 to 78,000 a year. 312's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Jun 2026610,000
26 Mar 2026625,000
3 Oct 2025585,000
1 Oct 2025530,000
2 1-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
3032-bedAED 720K · Oct 2024
304StudioAED 520K · May 2014
305StudioAED 300K · Mar 2017
3061-bedAED 650K · May 2015
3071-bedAED 650K · Mar 2015
1–7 of 14

312, Silicon Gates 3 in numbers

  • Sold 4 times: first on 7 June 2010 for AED 865,688, last on 29 March 2021 for AED 320,000 (AED 469 per sqft).
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 59,783 to AED 27,000 in 2021 and recovered to AED 50,000 by May 2024.
  • At AED 50,000 a year the gross yield on the 2021 price is 15.6%, before a service charge of about AED 7,100 a year (AED 10.48 per sqft).
  • One-beds in Silicon Gates 3 sold for AED 610,000–625,000 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 May 2024.

Questions about 312, Silicon Gates 3

What did unit 312 last sell for?

AED 320,000 on 29 March 2021: AED 469 per sqft for 681 sqft. The unit has 4 registered sales; the first was AED 865,688 in June 2010.

What is the rent for unit 312?

AED 50,000 a year on the contract signed on 1 May 2024. The previous contract, from May 2023, was AED 34,000; the unit has been rented since March 2015.

How big is unit 312?

681 sqft (63.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 3 sold for AED 610,000 to 625,000 in the last 12 months, around AED 857 per sqft.

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Mortgage on 312, Silicon Gates 3

Starts from the last sale price (AED 320K, 29 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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