3-bed · 1,136 sqftSilicon Gates 3, Dubai Silicon Oasis · 4th floor · completed 2009

402, Silicon Gates 3

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 741K23 October 2014
Current rentAED 83K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Silicon Gates 3

What is 402 worth today?

Last sold for AED 740,610 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2025RentedNew contract
AED 83,000/yr12 months · AED 73 per sqft
1 Mar 2025RentedNew contract
AED 83,000/yr12 months · AED 73 per sqft
15 Nov 2024RentedRenewal
AED 82,000/yr12 months · AED 72 per sqft
15 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
15 Nov 2022RentedNew contract
AED 66,000/yr12 months · AED 58 per sqft
11 Apr 2018RentedRenewal
AED 85,000/yr12 months · AED 75 per sqft
11 Apr 2017RentedNew contract
AED 85,000/yr12 months · AED 75 per sqft
25 Mar 2016RentedNew contract
AED 95,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
3-bed apartment
Size
1,136 sqft
Floor
4th of 8
Parking
B-031
Developer
Time Properties
Completed
2009
Service charge
AED 11,900 /yr
Last sold
AED 741K · October 2014

About 402, Silicon Gates 3

402 is a three-bedroom apartment of 1,136 sqft on the 4th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 23 October 2014 for AED 740,610, or AED 651 per sqft, in line with the AED 659 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 March 2025, is AED 83,000 a year: a gross yield of 11.2% on the 2014 price, before the service charge of about AED 11,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Silicon Gates 3
600K800K1M2012201620202024Typical sale price by year: 2012 AED 738,783; 2014 AED 848,143; 2021 AED 600,000; 2024 AED 695,750; 2026 AED 975,000Sold by developer, July 2012: AED 740,610 (AED 651 per sqft)Sold, October 2014: AED 740,610 (AED 651 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Silicon Gates 3
50K75K100K20152018202120242027Typical rent by year: 2015 AED 100,000; 2016 AED 95,000; 2017 AED 85,000; 2018 AED 85,000; 2019 AED 60,000; 2021 AED 50,000; 2022 AED 58,950; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 85,000New contract, March 2016: AED 95,000 a yearNew contract, April 2017: AED 85,000 a yearRenewal, April 2018: AED 85,000 a yearNew contract, November 2022: AED 66,000 a yearNew contract, November 2023: AED 75,000 a yearRenewal, November 2024: AED 82,000 a yearNew contract, March 2025: AED 83,000 a yearNew contract, March 2025: AED 83,000 a year

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

3-beds in Silicon Gates 3, and where 402 sits

All 14 3-beds →

402 last sold in October 2014 at AED 651 per sqft, in line with what three-beds in Silicon Gates 3 were fetching at the time (AED 659). Over the last 12 months three-beds sold for AED 945,000 to 1,060,000, around AED 857 per sqft, and rent for AED 60,000 to 100,000 a year. 402's AED 83,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Sep 2026975,000
13 Apr 2026975,000
6 Apr 20261,060,000
9 Feb 2026945,000
4 3-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 4th floor

All 120 units in Silicon Gates 3
Value
4013-bedAED 1.06M · Apr 2026
4032-bedAED 745K · Feb 2015
404StudioAED 412K · Nov 2015
405StudioAED 365K · Jul 2025
4061-bedAED 836K · Jun 2015
4071-bedAED 370K · Mar 2021
4081-bedAED 370K · Apr 2021
1–7 of 14

402, Silicon Gates 3 in numbers

  • Sold twice: first on 1 July 2012 for AED 740,610, last on 23 October 2014 for AED 740,610 (AED 651 per sqft).
  • Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 66,000 in 2022 and recovered to AED 83,000 by March 2025.
  • At AED 83,000 a year the gross yield on the 2014 price is 11.2%, before a service charge of about AED 11,900 a year (AED 10.48 per sqft).
  • Three-beds in Silicon Gates 3 sold for AED 945,000–1,060,000 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 March 2025.

Questions about 402, Silicon Gates 3

What did unit 402 last sell for?

AED 740,610 on 23 October 2014: AED 651 per sqft for 1,136 sqft. The unit has 2 registered sales; the first was AED 740,610 in July 2012.

What is the rent for unit 402?

AED 83,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 83,000; the unit has been rented since March 2016.

How big is unit 402?

1,136 sqft (105.5 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Silicon Gates 3 sold for AED 945,000 to 1,060,000 in the last 12 months, around AED 857 per sqft.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, Silicon Gates 3

Starts from the last sale price (AED 741K, 23 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 740,610
Deposit, UAE resident (20%)
AED 148,122
Deposit, non-resident (40%)
AED 296,244
Monthly over 25 years at 3.7%
AED 3,030

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