409, Silicon Gates 3
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Silicon Gates 3
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 978 sqft
- Floor
- 4th of 8
- Parking
- B-050
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 817K · April 2014
- Building
- Silicon Gates 3
About 409, Silicon Gates 3
409 is a two-bedroom apartment of 978 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 7 April 2014 for AED 817,000, or AED 835 per sqft.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 60,500 a year: a gross yield of 7.4% on the 2014 price, before the service charge of about AED 10,200 a year.
Sales and rents for 409 over time
409 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 409 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. 409's AED 60,500 is in the upper 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 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 | |
| 408 | 1-bed | 715 sqft | AED 370KAED 370,000 · Apr 2021April 2021 | 43,000 /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 |
409, Silicon Gates 3 in numbers
- Sold once: by Time Properties on 7 April 2014 for AED 817,000, or AED 835 per sqft.
- Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 47,000 in 2021 and recovered to AED 60,500 by November 2025.
- At AED 60,500 a year the gross yield on the 2014 price is 7.4%, 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 November 2025.
Questions about 409, Silicon Gates 3
What did unit 409 last sell for?
AED 817,000 on 7 April 2014, sold by the developer: AED 835 per sqft for 978 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 60,500 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 70,000; the unit has been rented since May 2014.
How big is unit 409?
978 sqft (90.9 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 409 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 409, Silicon Gates 3
Starts from the last sale price (AED 817K, 7 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 817,000
- Deposit, UAE resident (20%)
- AED 163,400
- Deposit, non-resident (40%)
- AED 326,800
- Monthly over 25 years at 3.7%
- AED 3,343
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →