2-bed · 1,066 sqftSilicon Gates 3, Dubai Silicon Oasis · 5th floor · completed 2009

515, Silicon Gates 3

Sold prices and rental history: sold once, by the developer in December 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 23 December 2014
Last soldAED 1.01M23 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Silicon Gates 3

What is 515 worth today?

Last sold for AED 1,008,058 in 2014

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23 Dec 2014Sold by developerReady
AED 1,008,058AED 945 per sqft

Source: Dubai Land Department. Updated 23 December 2014.

Key facts

Type
2-bed apartment
Size
1,066 sqft
Floor
5th of 8
Parking
B-009
Developer
Time Properties
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 1.01M · December 2014

About 515, Silicon Gates 3

515 is a two-bedroom apartment of 1,066 sqft on the 5th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 23 December 2014 for AED 1,008,058, or AED 945 per sqft, 27% above the AED 744 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical two-bed in Silicon Gates 3
800K1M2014201720202023Typical sale price by year: 2014 AED 746,642; 2015 AED 945,949; 2016 AED 835,000; 2024 AED 682,166Sold by developer, December 2014: AED 1,008,058 (AED 945 per sqft)

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

Rents
Unit 515, each contractTypical two-bed in Silicon Gates 3
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 78,000; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 58,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 51,000; 2024 AED 59,800; 2025 AED 60,500; 2026 AED 62,000

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 515 sits

All 32 2-beds →

515 last sold in December 2014 at AED 945 per sqft, 27% above what two-beds in Silicon Gates 3 were fetching at the time (AED 744). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,005,000
17 Feb 2026870,000
7 Oct 2025765,000
19 Sep 2025850,000
2 2-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 5th floor

All 120 units in Silicon Gates 3
Value
5013-bedAED 1.52M · Oct 2014
5023-bedAED 945K · Feb 2026
5032-bedAED 525K · Aug 2021
504StudioAED 462K · Oct 2025
505StudioAED 339K · Apr 2014
5061-bedAED 610K · Nov 2017
5071-bedAED 974K · Feb 2010
1–7 of 14

515, Silicon Gates 3 in numbers

  • Sold once: by Time Properties on 23 December 2014 for AED 1,008,058, or AED 945 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 23 December 2014.

Questions about 515, Silicon Gates 3

What did unit 515 last sell for?

AED 1,008,058 on 23 December 2014, sold by the developer: AED 945 per sqft for 1,066 sqft. It is the only registered sale of the unit.

How big is unit 515?

1,066 sqft (99.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.

What is unit 515 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 515, Silicon Gates 3

Starts from the last sale price (AED 1.01M, 23 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,008,058
Deposit, UAE resident (20%)
AED 201,612
Deposit, non-resident (40%)
AED 403,223
Monthly over 25 years at 3.7%
AED 4,124

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