615, Silicon Gates 3
Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, Silicon Gates 3
What is 615 worth today?
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Source: Dubai Land Department. Updated 30 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,055 sqft
- Floor
- 6th of 8
- Parking
- B-020
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 11,100 /yr
- Last sold
- AED 630K · August 2024
- Building
- Silicon Gates 3
About 615, Silicon Gates 3
615 is a two-bedroom apartment of 1,055 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 30 August 2024 for AED 630,000, or AED 596 per sqft, in line with the AED 596 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 28 February 2024, is AED 40,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 11,100 a year.
Sales and rents for 615 over time
615 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 615 sits
All 32 2-beds →615 last sold in August 2024 at AED 596 per sqft, in line with what two-beds in Silicon Gates 3 were fetching at the time (AED 596). 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. 615's AED 40,000 is in the lower 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 | ||
| 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 | |
| 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, Silicon Gates 3 in numbers
- Sold 3 times: first on 18 January 2015 for AED 649,246, last on 30 August 2024 for AED 630,000 (AED 596 per sqft).
- Rented since February 2018 on 3 Ejari contracts, from AED 62,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 11,100 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 30 August 2024.
Questions about 615, Silicon Gates 3
What did unit 615 last sell for?
AED 630,000 on 30 August 2024: AED 596 per sqft for 1,055 sqft. The unit has 3 registered sales; the first was AED 649,246 in January 2015.
What is the rent for unit 615?
AED 40,000 a year on the contract renewed on 28 February 2024. The previous contract, from February 2023, was AED 40,000; the unit has been rented since February 2018.
How big is unit 615?
1,055 sqft (98.0 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.
What is unit 615 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 615, Silicon Gates 3
Starts from the last sale price (AED 630K, 30 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →