509, Silicon Gates 3
Sold prices and rental history: sold 3 times, last in October 2023, 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 509, Silicon Gates 3
What is 509 worth today?
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Source: Dubai Land Department. Updated 18 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,032 sqft
- Floor
- 5th of 8
- Parking
- B-005
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 610K · October 2023
- Building
- Silicon Gates 3
About 509, Silicon Gates 3
509 is a two-bedroom apartment of 1,032 sqft on the 5th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 18 October 2023 for AED 610,000, or AED 591 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 50,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 10,800 a year.
Sales and rents for 509 over time
509 has sold 3 times; 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 509 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. 509's AED 50,000 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 5th floor
All 120 units in Silicon Gates 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,137 sqft | AED 1.52MAED 1,520,514 · Oct 2014October 2014 | 77,175 /yr | |
| 502 | 3-bed | 1,133 sqft | AED 945KAED 945,000 · Feb 2026February 2026 | 90,000 /yr | |
| 503 | 2-bed | 1,029 sqft | AED 525KAED 525,000 · Aug 2021August 2021 | 45,000 /yr | |
| 504 | Studio | 377 sqft | AED 462KAED 462,000 · Oct 2025October 2025 | 22,680 /yr | |
| 505 | Studio | 347 sqft | AED 339KAED 339,016 · Apr 2014April 2014 | 33,000 /yr | |
| 506 | 1-bed | 761 sqft | AED 610KAED 610,000 · Nov 2017November 2017 | 39,000 /yr | |
| 507 | 1-bed | 725 sqft | AED 974KAED 974,099 · Feb 2010February 2010 | 42,000 /yr | |
| 508 | 1-bed | 715 sqft | AED 988KAED 987,532 · Jun 2015June 2015 | 53,000 /yr | |
| 510 | 2-bed | 1,033 sqft | AED 1.3MAED 1,300,000 · May 2015May 2015 | 20,000 /yr | |
| 511 | 1-bed | 746 sqft | AED 592KAED 591,955 · Jan 2024January 2024 | 78,000 /yr | |
| 512 | 1-bed | 681 sqft | AED 500KAED 500,000 · Mar 2019March 2019 | 49,000 /yr | |
| 513 | 1-bed | 712 sqft | AED 600KAED 600,000 · Apr 2017April 2017 | 50,000 /yr | |
| 514 | 1-bed | 681 sqft | AED 614KAED 614,341 · Dec 2016December 2016 | 55,000 /yr | |
| 515 | 2-bed | 1,066 sqft | AED 1.01MAED 1,008,058 · Dec 2014December 2014 |
509, Silicon Gates 3 in numbers
- Sold 3 times: first on 7 May 2014 for AED 746,642, last on 18 October 2023 for AED 610,000 (AED 591 per sqft).
- Rented since December 2014 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 44,000 in 2021 and recovered to AED 50,000 by May 2023.
- At AED 50,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 10,800 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 18 October 2023.
Questions about 509, Silicon Gates 3
What did unit 509 last sell for?
AED 610,000 on 18 October 2023: AED 591 per sqft for 1,032 sqft. The unit has 3 registered sales; the first was AED 746,642 in May 2014.
What is the rent for unit 509?
AED 50,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2021, was AED 44,000; the unit has been rented since December 2014.
How big is unit 509?
1,032 sqft (95.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.
What is unit 509 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 509, Silicon Gates 3
Starts from the last sale price (AED 610K, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →