Studio · 347 sqftSilicon Gates 3, Dubai Silicon Oasis · 7th floor · completed 2009

705, Silicon Gates 3

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 240K5 May 2014
Current rentAED 28K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Silicon Gates 3

What is 705 worth today?

Last sold for AED 240,000 in 2014

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5 Dec 2025RentedRenewal
AED 28,000/yr12 months · AED 81 per sqft
5 Dec 2024RentedRenewal
AED 26,000/yr12 months · AED 75 per sqft
5 Dec 2023RentedRenewal
AED 23,500/yr12 months · AED 68 per sqft
5 Dec 2022RentedRenewal
AED 22,000/yr12 months · AED 64 per sqft
5 Dec 2021RentedNew contract
AED 21,000/yr12 months · AED 61 per sqft
5 Nov 2019RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
1 Jun 2018RentedNew contract
AED 33,500/yr12 months · AED 97 per sqft
1 Nov 2017RentedNew contract
AED 36,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
7th of 8
Parking
G-076
Developer
Time Properties
Completed
2009
Service charge
AED 3,600 /yr
Last sold
AED 240K · May 2014

About 705, Silicon Gates 3

705 is a studio of 347 sqft on the 7th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 5 May 2014 for AED 240,000, or AED 690 per sqft, 29% below the AED 975 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 28,000 a year: a gross yield of 11.7% on the 2014 price, before the service charge of about AED 3,600 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical studio in Silicon Gates 3
300K400K2011201520192023Typical 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 2014: AED 240,000 (AED 690 per sqft)

705 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 705, 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, November 2017: AED 36,000 a yearNew contract, June 2018: AED 33,500 a yearNew contract, November 2019: AED 25,000 a yearNew contract, December 2021: AED 21,000 a yearRenewal, December 2022: AED 22,000 a yearRenewal, December 2023: AED 23,500 a yearRenewal, December 2024: AED 26,000 a yearRenewal, December 2025: AED 28,000 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 705 sits

All 16 studios →

705 last sold in May 2014 at AED 690 per sqft, 29% below what studios in Silicon Gates 3 were fetching at the time (AED 975). 705's AED 28,000 is at the bottom 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
704StudioAED 380K · Sep 2017
7061-bedAED 610K · Jun 2026
7071-bedAED 489K · Jun 2016
7081-bedAED 583K · May 2014
1–7 of 14

705, Silicon Gates 3 in numbers

  • Sold once: by Time Properties on 5 May 2014 for AED 240,000, or AED 690 per sqft.
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 36,000 to AED 21,000 in 2021 and recovered to AED 28,000 by December 2025.
  • At AED 28,000 a year the gross yield on the 2014 price is 11.7%, before a service charge of about AED 3,600 a year (AED 10.48 per sqft).

Source: Dubai Land Department. Updated 5 December 2025.

Questions about 705, Silicon Gates 3

What did unit 705 last sell for?

AED 240,000 on 5 May 2014, sold by the developer: AED 690 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 28,000 a year on the contract renewed on 5 December 2025. The previous contract, from December 2024, was AED 26,000; the unit has been rented since November 2017.

How big is unit 705?

347 sqft (32.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2009.

What is unit 705 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 705, Silicon Gates 3

Starts from the last sale price (AED 240K, 5 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 240,000
Deposit, UAE resident (20%)
AED 48,000
Deposit, non-resident (40%)
AED 96,000
Monthly over 25 years at 3.7%
AED 982

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