603, Silicon Gates 3
Sold prices and rental history: sold twice, last in August 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 603, Silicon Gates 3
What is 603 worth today?
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Source: Dubai Land Department. Updated 1 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,029 sqft
- Floor
- 6th of 8
- Parking
- B-012
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 850K · August 2014
- Building
- Silicon Gates 3
About 603, Silicon Gates 3
603 is a two-bedroom apartment of 1,029 sqft on the 6th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 7 August 2014 for AED 850,000, or AED 825 per sqft, 10% above the AED 753 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 June 2022, is AED 59,834 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 10,800 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 32 2-beds →603 last sold in August 2014 at AED 825 per sqft, 10% above what two-beds in Silicon Gates 3 were fetching at the time (AED 753). 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. 603's AED 59,834 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 6th floor
All 120 units in Silicon Gates 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,139 sqft | AED 880KAED 880,000 · Nov 2024November 2024 | 45,000 /yr | |
| 602 | 3-bed | 1,139 sqft | AED 1.61MAED 1,614,195 · Jun 2015June 2015 | ||
| 604 | Studio | 377 sqft | AED 345KAED 344,910 · Apr 2014April 2014 | 36,500 /yr | |
| 605 | Studio | 347 sqft | AED 181KAED 180,852 · May 2014May 2014 | 30,000 /yr | |
| 606 | 1-bed | 761 sqft | AED 725KAED 725,000 · Aug 2025August 2025 | 35,500 /yr | |
| 607 | 1-bed | 725 sqft | AED 585KAED 585,000 · Oct 2025October 2025 | 55,000 /yr | |
| 608 | 1-bed | 715 sqft | AED 471KAED 470,719 · Jun 2014June 2014 | 39,000 /yr | |
| 609 | 2-bed | 1,034 sqft | AED 644KAED 644,404 · Apr 2014April 2014 | 80,000 /yr | |
| 610 | 2-bed | 1,035 sqft | AED 500KAED 500,000 · Jun 2014June 2014 | 63,500 /yr | |
| 611 | 1-bed | 746 sqft | AED 540KAED 540,000 · Feb 2025February 2025 | 44,000 /yr | |
| 612 | 1-bed | 681 sqft | AED 321KAED 320,586 · Jun 2014June 2014 | 46,000 /yr | |
| 613 | 1-bed | 712 sqft | AED 463KAED 463,159 · Apr 2014April 2014 | 50,000 /yr | |
| 614 | 1-bed | 681 sqft | AED 350KAED 350,000 · Feb 2020February 2020 | 43,647 /yr | |
| 615 | 2-bed | 1,055 sqft | AED 630KAED 630,000 · Aug 2024August 2024 | 40,000 /yr |
603, Silicon Gates 3 in numbers
- Sold twice: first on 20 September 2012 for AED 1,288,000, last on 7 August 2014 for AED 850,000 (AED 825 per sqft).
- Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 77,000 to AED 40,000 in 2020 and recovered to AED 59,834 by June 2022.
- At AED 59,834 a year the gross yield on the 2014 price is 7.0%, 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 1 June 2022.
Questions about 603, Silicon Gates 3
What did unit 603 last sell for?
AED 850,000 on 7 August 2014: AED 825 per sqft for 1,029 sqft. The unit has 2 registered sales; the first was AED 1,288,000 in September 2012.
What is the rent for unit 603?
AED 59,834 a year on the contract signed on 1 June 2022. The previous contract, from August 2020, was AED 40,000; the unit has been rented since November 2014.
How big is unit 603?
1,029 sqft (95.6 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.
What is unit 603 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 603, Silicon Gates 3
Starts from the last sale price (AED 850K, 7 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →