2-bed · 1,033 sqftSilicon Gates 3, Dubai Silicon Oasis · 8th floor · completed 2009

809, Silicon Gates 3

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 835K18 July 2024
Current rentAED 56K /yr12 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Silicon Gates 3

What is 809 worth today?

Last sold for AED 835,000 in 2024

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18 Jul 2024SoldReady
AED 835,000AED 808 per sqft
12 Jul 2023RentedNew contract
AED 56,000/yr12 months · AED 54 per sqft
15 Mar 2023SoldReady
AED 500,000AED 484 per sqft
1 Jan 2022RentedNew contract
AED 40,000/yr12 months · AED 39 per sqft
3 Jan 2021RentedRenewal
AED 40,000/yr12 months · AED 39 per sqft
3 Jan 2020RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
1 Jan 2019RentedNew contract
AED 53,000/yr12 months · AED 51 per sqft
30 Oct 2014Sold by developerReady
AED 301,741AED 292 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
2-bed apartment
Size
1,033 sqft
Floor
8th of 8
Parking
B-025
Developer
Time Properties
Completed
2009
Service charge
AED 10,800 /yr
Last sold
AED 835K · July 2024

About 809, Silicon Gates 3

809 is a two-bedroom apartment of 1,033 sqft on the 8th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 18 July 2024 for AED 835,000, or AED 808 per sqft, 24% above the AED 651 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 12 July 2023, is AED 56,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 10,800 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical two-bed in Silicon Gates 3
500K1M2014201720202023Typical sale price by year: 2014 AED 746,642; 2015 AED 945,949; 2016 AED 835,000; 2024 AED 682,166Sold by developer, October 2014: AED 301,741 (AED 292 per sqft)Sold, March 2023: AED 500,000 (AED 484 per sqft)Sold, July 2024: AED 835,000 (AED 808 per sqft)

809 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 809, each contractTypical two-bed in Silicon Gates 3
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 78,000; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 58,000; 2019 AED 53,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 43,000; 2023 AED 51,000; 2024 AED 59,800; 2025 AED 60,500; 2026 AED 62,000New contract, January 2019: AED 53,000 a yearNew contract, January 2020: AED 45,000 a yearRenewal, January 2021: AED 40,000 a yearNew contract, January 2022: AED 40,000 a yearNew contract, July 2023: AED 56,000 a year

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 809 sits

All 32 2-beds →

809 last sold in July 2024 at AED 808 per sqft, 24% above what two-beds in Silicon Gates 3 were fetching at the time (AED 651). 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. 809's AED 56,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,005,000
17 Feb 2026870,000
7 Oct 2025765,000
19 Sep 2025850,000
2 2-bed 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 8th floor

All 120 units in Silicon Gates 3
Value
8012-bedAED 700K · Oct 2024
8022-bedAED 664K · Nov 2024
8031-bedAED 385K · Jul 2020
804StudioAED 353K · May 2014
805StudioAED 373K · Apr 2014
8061-bedAED 355K · Oct 2022
8071-bedAED 420K · Nov 2023
1–7 of 14

809, Silicon Gates 3 in numbers

  • Sold 3 times: first on 30 October 2014 for AED 301,741, last on 18 July 2024 for AED 835,000 (AED 808 per sqft).
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 40,000 in 2022 and recovered to AED 56,000 by July 2023.
  • At AED 56,000 a year the gross yield on the 2024 price is 6.7%, 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 18 July 2024.

Questions about 809, Silicon Gates 3

What did unit 809 last sell for?

AED 835,000 on 18 July 2024: AED 808 per sqft for 1,033 sqft. The unit has 3 registered sales; the first was AED 301,741 in October 2014.

What is the rent for unit 809?

AED 56,000 a year on the contract signed on 12 July 2023. The previous contract, from January 2022, was AED 40,000; the unit has been rented since January 2019.

How big is unit 809?

1,033 sqft (96.0 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2009.

What is unit 809 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 809, Silicon Gates 3

Starts from the last sale price (AED 835K, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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