Studio · 405 sqftSilicon Gates 3, Dubai Silicon Oasis · 7th floor · completed 2009

704, Silicon Gates 3

Sold prices and rental history: sold 4 times, last in September 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 380K20 September 2017
Current rentAED 38K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Silicon Gates 3

What is 704 worth today?

Last sold for AED 380,000 in 2017

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1 Sep 2025RentedRenewal
AED 38,000/yr12 months · AED 94 per sqft
1 Sep 2024RentedNew contract
AED 36,000/yr12 months · AED 89 per sqft
2 Jul 2019RentedNew contract
AED 27,000/yr12 months · AED 66 per sqft
7 May 2018RentedNew contract
AED 37,000/yr12 months · AED 90 per sqft
20 Sep 2017SoldReady
AED 380,000AED 939 per sqft
15 Mar 2017SoldReady
AED 400,000AED 988 per sqft
16 Mar 2016RentedRenewal
AED 40,000/yr12 months · AED 99 per sqft
16 Mar 2015RentedNew contract
AED 40,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
7th of 8
Parking
G-075
Developer
Time Properties
Completed
2009
Service charge
AED 4,200 /yr
Last sold
AED 380K · September 2017

About 704, Silicon Gates 3

704 is a studio of 405 sqft on the 7th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 20 September 2017 for AED 380,000, or AED 939 per sqft, in line with the AED 939 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 38,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 4,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in Silicon Gates 3
200K400K600K2010201420182022Typical sale price by year: 2011 AED 435,508; 2012 AED 257,250; 2014 AED 363,008; 2016 AED 257,250; 2017 AED 380,000; 2023 AED 290,000Sold by developer, May 2010: AED 580,118 (AED 1,434 per sqft)Sold, April 2014: AED 580,118 (AED 1,434 per sqft)Sold, March 2017: AED 400,000 (AED 988 per sqft)Sold, September 2017: AED 380,000 (AED 939 per sqft)

704 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in Silicon Gates 3
20K30K40K20152018202120242027Typical rent by year: 2015 AED 37,500; 2016 AED 40,000; 2017 AED 38,000; 2018 AED 36,000; 2019 AED 25,856; 2020 AED 25,000; 2021 AED 20,000; 2022 AED 22,000; 2023 AED 26,000; 2024 AED 32,000; 2025 AED 32,750; 2026 AED 36,750New contract, March 2015: AED 40,000 a yearRenewal, March 2016: AED 40,000 a yearNew contract, May 2018: AED 37,000 a yearNew contract, July 2019: AED 27,000 a yearNew contract, September 2024: AED 36,000 a yearRenewal, September 2025: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 3, and where 704 sits

All 16 studios →

704 last sold in September 2017 at AED 939 per sqft, in line with what studios in Silicon Gates 3 were fetching at the time (AED 939). 704's AED 38,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Oct 2025462,000
10 Jul 2025365,000
20 Feb 2024261,000
14 Nov 2023320,000
0 studio 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 7th floor

All 120 units in Silicon Gates 3
Value
7013-bedAED 975K · Apr 2026
7023-bedAED 752K · Sep 2014
7032-bedAED 810K · Apr 2014
705StudioAED 240K · May 2014
7061-bedAED 610K · Jun 2026
7071-bedAED 489K · Jun 2016
7081-bedAED 583K · May 2014
1–7 of 14

704, Silicon Gates 3 in numbers

  • Sold 4 times: first on 5 May 2010 for AED 580,118, last on 20 September 2017 for AED 380,000 (AED 939 per sqft).
  • Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 27,000 in 2019 and recovered to AED 38,000 by September 2025.
  • At AED 38,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 4,200 a year (AED 10.48 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 704, Silicon Gates 3

What did unit 704 last sell for?

AED 380,000 on 20 September 2017: AED 939 per sqft for 405 sqft. The unit has 4 registered sales; the first was AED 580,118 in May 2010.

What is the rent for unit 704?

AED 38,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 36,000; the unit has been rented since March 2015.

How big is unit 704?

405 sqft (37.6 sqm): a studio on the 7th floor of a 8-storey tower completed in 2009.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 704, Silicon Gates 3

Starts from the last sale price (AED 380K, 20 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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