1-bed · 761 sqftSilicon Gates 3, Dubai Silicon Oasis · 4th floor · completed 2009

406, Silicon Gates 3

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 21 October 2025
Last soldAED 836K25 June 2015
Current rentAED 44K /yr21 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Silicon Gates 3

What is 406 worth today?

Last sold for AED 835,578 in 2015

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21 Oct 2025RentedRenewal
AED 44,100/yr12 months · AED 58 per sqft
21 Oct 2024RentedRenewal
AED 44,100/yr12 months · AED 58 per sqft
21 Oct 2023RentedNew contract
AED 42,000/yr12 months · AED 55 per sqft
26 Jun 2022RentedRenewal
AED 33,000/yr12 months · AED 43 per sqft
26 Jun 2020RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
1 Feb 2019RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
25 Jun 2015Sold by developerReady
AED 835,578AED 1,098 per sqft

Source: Dubai Land Department. Updated 21 October 2025.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
4th of 8
Parking
G-020
Developer
Time Properties
Completed
2009
Service charge
AED 8,000 /yr
Last sold
AED 836K · June 2015

About 406, Silicon Gates 3

406 is a one-bedroom apartment of 761 sqft on the 4th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 25 June 2015 for AED 835,578, or AED 1,098 per sqft, 29% above the AED 854 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 21 October 2025, is AED 44,100 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 8,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Silicon Gates 3
500K750K20102014201820222026Typical 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 2015: AED 835,578 (AED 1,098 per sqft)

406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, 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, February 2019: AED 40,000 a yearNew contract, June 2020: AED 33,000 a yearRenewal, June 2022: AED 33,000 a yearNew contract, October 2023: AED 42,000 a yearRenewal, October 2024: AED 44,100 a yearRenewal, October 2025: AED 44,100 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 406 sits

All 60 1-beds →

406 last sold in June 2015 at AED 1,098 per sqft, 29% above what one-beds in Silicon Gates 3 were fetching at the time (AED 854). 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. 406's AED 44,100 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 4th floor

All 120 units in Silicon Gates 3
Value
4013-bedAED 1.06M · Apr 2026
4023-bedAED 741K · Oct 2014
4032-bedAED 745K · Feb 2015
404StudioAED 412K · Nov 2015
405StudioAED 365K · Jul 2025
4071-bedAED 370K · Mar 2021
4081-bedAED 370K · Apr 2021
1–7 of 14

406, Silicon Gates 3 in numbers

  • Sold once: by Time Properties on 25 June 2015 for AED 835,578, or AED 1,098 per sqft.
  • Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 33,000 in 2022 and recovered to AED 44,100 by October 2025.
  • At AED 44,100 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 8,000 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 21 October 2025.

Questions about 406, Silicon Gates 3

What did unit 406 last sell for?

AED 835,578 on 25 June 2015, sold by the developer: AED 1,098 per sqft for 761 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 44,100 a year on the contract renewed on 21 October 2025. The previous contract, from October 2024, was AED 44,100; the unit has been rented since February 2019.

How big is unit 406?

761 sqft (70.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 406 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 406, Silicon Gates 3

Starts from the last sale price (AED 836K, 25 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 835,578
Deposit, UAE resident (20%)
AED 167,116
Deposit, non-resident (40%)
AED 334,231
Monthly over 25 years at 3.7%
AED 3,419

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