408, Silicon Gates 3
Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Silicon Gates 3
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 715 sqft
- Floor
- 4th of 8
- Parking
- G-022
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 370K · April 2021
- Building
- Silicon Gates 3
About 408, Silicon Gates 3
408 is a one-bedroom apartment of 715 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 19 April 2021 for AED 370,000, or AED 517 per sqft, 5% above the AED 492 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 18 April 2024, is AED 43,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 7,500 a year.
Sales and rents for 408 over time
408 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 60 1-beds →408 last sold in April 2021 at AED 517 per sqft, 5% above what one-beds in Silicon Gates 3 were fetching at the time (AED 492). 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. 408's AED 43,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jun 20265 June 2026 | 766 sqft | 610,000 | 796 | ||
| 26 Mar 202626 March 2026 | 680 sqft | 625,000 | 918 | ||
| 3 Oct 20253 October 2025 | 725 sqft | 585,000 | 806 | ||
| 1 Oct 20251 October 2025 | 761 sqft | 530,000 | 696 |
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 4th floor
All 120 units in Silicon Gates 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,136 sqft | AED 1.06MAED 1,060,000 · Apr 2026April 2026 | 100,000 /yr | |
| 402 | 3-bed | 1,136 sqft | AED 741KAED 740,610 · Oct 2014October 2014 | 83,000 /yr | |
| 403 | 2-bed | 1,029 sqft | AED 745KAED 744,773 · Feb 2015February 2015 | 61,165 /yr | |
| 404 | Studio | 377 sqft | AED 412KAED 411,700 · Nov 2015November 2015 | 35,000 /yr | |
| 405 | Studio | 347 sqft | AED 365KAED 365,000 · Jul 2025July 2025 | 28,000 /yr | |
| 406 | 1-bed | 761 sqft | AED 836KAED 835,578 · Jun 2015June 2015 | 44,100 /yr | |
| 407 | 1-bed | 725 sqft | AED 370KAED 370,000 · Mar 2021March 2021 | 42,000 /yr | |
| 409 | 2-bed | 978 sqft | AED 817KAED 817,000 · Apr 2014April 2014 | 60,500 /yr | |
| 410 | 2-bed | 856 sqft | AED 728KAED 728,157 · Apr 2014April 2014 | 62,000 /yr | |
| 411 | 1-bed | 747 sqft | AED 544KAED 544,253 · May 2014May 2014 | 33,000 /yr | |
| 412 | 1-bed | 681 sqft | AED 695KAED 694,632 · Jul 2014July 2014 | 65,000 /yr | |
| 413 | 1-bed | 712 sqft | AED 500KAED 500,000 · Mar 2019March 2019 | 49,000 /yr | |
| 414 | 1-bed | 680 sqft | AED 520KAED 520,000 · Apr 2025April 2025 | 42,182 /yr | |
| 415 | 2-bed | 1,066 sqft | AED 1.3MAED 1,302,343 · Jun 2015June 2015 | 46,154 /yr |
408, Silicon Gates 3 in numbers
- Sold 3 times: first on 9 June 2011 for AED 474,112, last on 19 April 2021 for AED 370,000 (AED 517 per sqft).
- Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 25,000 in 2021 and recovered to AED 43,000 by April 2024.
- At AED 43,000 a year the gross yield on the 2021 price is 11.6%, before a service charge of about AED 7,500 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 18 April 2024.
Questions about 408, Silicon Gates 3
What did unit 408 last sell for?
AED 370,000 on 19 April 2021: AED 517 per sqft for 715 sqft. The unit has 3 registered sales; the first was AED 474,112 in June 2011.
What is the rent for unit 408?
AED 43,000 a year on the contract renewed on 18 April 2024. The previous contract, from April 2023, was AED 40,000; the unit has been rented since February 2016.
How big is unit 408?
715 sqft (66.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 408 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.
Selling 408? 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.
Mortgage on 408, Silicon Gates 3
Starts from the last sale price (AED 370K, 19 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →