415, Silicon Gates 3
Sold prices and rental history: sold once, by the developer in June 2015, 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 415, Silicon Gates 3
What is 415 worth today?
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Source: Dubai Land Department. Updated 1 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,066 sqft
- Floor
- 4th of 8
- Parking
- B-001
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 11,200 /yr
- Last sold
- AED 1.3M · June 2015
- Building
- Silicon Gates 3
About 415, Silicon Gates 3
415 is a two-bedroom apartment of 1,066 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 1 June 2015 for AED 1,302,343, or AED 1,221 per sqft, 69% above the AED 723 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 September 2022, is AED 46,154 a year: a gross yield of 3.5% on the 2015 price, before the service charge of about AED 11,200 a year.
Sales and rents for 415 over time
415 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 415 sits
All 32 2-beds →415 last sold in June 2015 at AED 1,221 per sqft, 69% above what two-beds in Silicon Gates 3 were fetching at the time (AED 723). 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. 415's AED 46,154 is in the lower 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 | |
| 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, Silicon Gates 3 in numbers
- Sold once: by Time Properties on 1 June 2015 for AED 1,302,343, or AED 1,221 per sqft.
- Rented since October 2016 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 38,661 in 2020 and recovered to AED 46,154 by September 2022.
- At AED 46,154 a year the gross yield on the 2015 price is 3.5%, before a service charge of about AED 11,200 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 September 2022.
Questions about 415, Silicon Gates 3
What did unit 415 last sell for?
AED 1,302,343 on 1 June 2015, sold by the developer: AED 1,221 per sqft for 1,066 sqft. It is the only registered sale of the unit.
What is the rent for unit 415?
AED 46,154 a year on the contract signed on 1 September 2022. The previous contract, from August 2021, was AED 41,538; the unit has been rented since October 2016.
How big is unit 415?
1,066 sqft (99.0 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 415 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 415, Silicon Gates 3
Starts from the last sale price (AED 1.3M, 1 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,302,343
- Deposit, UAE resident (20%)
- AED 260,469
- Deposit, non-resident (40%)
- AED 520,937
- Monthly over 25 years at 3.7%
- AED 5,328
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →