609, Silicon Gates 3
Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 609, Silicon Gates 3
What is 609 worth today?
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Source: Dubai Land Department. Updated 20 August 2016.
Key facts
- Type
- 2-bed apartment
- Size
- 1,034 sqft
- Floor
- 6th of 8
- Parking
- B-016
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 644K · April 2014
- Building
- Silicon Gates 3
About 609, Silicon Gates 3
609 is a two-bedroom apartment of 1,034 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 30 April 2014 for AED 644,404, or AED 623 per sqft, 25% below the AED 835 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 20 August 2016, is AED 80,000 a year: a gross yield of 12.4% on the 2014 price, before the service charge of about AED 10,800 a year.
Sales and rents for 609 over time
609 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 609 sits
All 32 2-beds →609 last sold in April 2014 at AED 623 per sqft, 25% below what two-beds in Silicon Gates 3 were fetching at the time (AED 835). 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. 609's AED 80,000 is at the top 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 | ||
| 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 | |
| 608 | 1-bed | 715 sqft | AED 471KAED 470,719 · Jun 2014June 2014 | 39,000 /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 |
609, Silicon Gates 3 in numbers
- Sold once: by Time Properties on 30 April 2014 for AED 644,404, or AED 623 per sqft.
- Rented since August 2014 on 3 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2014 price is 12.4%, 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 20 August 2016.
Questions about 609, Silicon Gates 3
What did unit 609 last sell for?
AED 644,404 on 30 April 2014, sold by the developer: AED 623 per sqft for 1,034 sqft. It is the only registered sale of the unit.
What is the rent for unit 609?
AED 80,000 a year on the contract renewed on 20 August 2016. The previous contract, from August 2015, was AED 80,000; the unit has been rented since August 2014.
How big is unit 609?
1,034 sqft (96.1 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.
What is unit 609 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 609, Silicon Gates 3
Starts from the last sale price (AED 644K, 30 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 644,404
- Deposit, UAE resident (20%)
- AED 128,881
- Deposit, non-resident (40%)
- AED 257,762
- Monthly over 25 years at 3.7%
- AED 2,636
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →