608, Silicon Gates 3
Sold prices and rental history: sold once, by the developer in June 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 608, Silicon Gates 3
What is 608 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 715 sqft
- Floor
- 6th of 8
- Parking
- G-036
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 7,500 /yr
- Last sold
- AED 471K · June 2014
- Building
- Silicon Gates 3
About 608, Silicon Gates 3
608 is a one-bedroom apartment of 715 sqft on the 6th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 8 June 2014 for AED 470,719, or AED 658 per sqft, 15% below the AED 771 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 39,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 7,500 a year.
Sales and rents for 608 over time
608 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Silicon Gates 3, and where 608 sits
All 60 1-beds →608 last sold in June 2014 at AED 658 per sqft, 15% below what one-beds in Silicon Gates 3 were fetching at the time (AED 771). Over the last 12 months one-beds sold for AED 610,000 to 625,000, around AED 857 per sqft, and rent for AED 35,000 to 78,000 a year. 608's AED 39,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jun 20265 June 2026 | 766 sqft | 610,000 | 796 | ||
| 26 Mar 202626 March 2026 | 680 sqft | 625,000 | 918 | ||
| 3 Oct 20253 October 2025 | 725 sqft | 585,000 | 806 | ||
| 1 Oct 20251 October 2025 | 761 sqft | 530,000 | 696 |
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 | ||
| 603 | 2-bed | 1,029 sqft | AED 850KAED 850,000 · Aug 2014August 2014 | 59,834 /yr | |
| 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 | |
| 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 |
608, Silicon Gates 3 in numbers
- Sold once: by Time Properties on 8 June 2014 for AED 470,719, or AED 658 per sqft.
- Rented since November 2014 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 27,500 in 2021 and recovered to AED 39,000 by November 2024.
- At AED 39,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 7,500 a year (AED 10.48 per sqft).
- One-beds in Silicon Gates 3 sold for AED 610,000–625,000 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 2024.
Questions about 608, Silicon Gates 3
What did unit 608 last sell for?
AED 470,719 on 8 June 2014, sold by the developer: AED 658 per sqft for 715 sqft. It is the only registered sale of the unit.
What is the rent for unit 608?
AED 39,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 36,000; the unit has been rented since November 2014.
How big is unit 608?
715 sqft (66.4 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.
What is unit 608 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 3 sold for AED 610,000 to 625,000 in the last 12 months, around AED 857 per sqft.
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Mortgage on 608, Silicon Gates 3
Starts from the last sale price (AED 471K, 8 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 470,719
- Deposit, UAE resident (20%)
- AED 94,144
- Deposit, non-resident (40%)
- AED 188,288
- Monthly over 25 years at 3.7%
- AED 1,926
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →