1-bed · 854 sqftSilicon Gates 3, Dubai Silicon Oasis · 8th floor · completed 2009

815, Silicon Gates 3

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 815 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 535K7 May 2014
Current rentAED 47K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 815, Silicon Gates 3

What is 815 worth today?

Last sold for AED 535,161 in 2014

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20 Jan 2024RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
1 Jan 2023RentedRenewal
AED 31,800/yr12 months · AED 37 per sqft
1 Jan 2022RentedNew contract
AED 26,500/yr12 months · AED 31 per sqft
1 Jan 2021RentedNew contract
AED 25,500/yr12 months · AED 30 per sqft
7 May 2014Sold by developerReady
AED 535,161AED 626 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
1-bed apartment
Size
854 sqft
Floor
8th of 8
Parking
G-066
Developer
Time Properties
Completed
2009
Service charge
AED 9,000 /yr
Last sold
AED 535K · May 2014

About 815, Silicon Gates 3

815 is a one-bedroom apartment of 854 sqft on the 8th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 7 May 2014 for AED 535,161, or AED 626 per sqft, 21% below the AED 792 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 January 2024, is AED 47,000 a year: a gross yield of 8.8% on the 2014 price, before the service charge of about AED 9,000 a year.

Sales and rents for 815 over time

Sales
Unit 815, each saleTypical one-bed in Silicon Gates 3
500K750K20102014201820222026Typical sale price by year: 2010 AED 877,773; 2011 AED 467,396; 2012 AED 476,963; 2013 AED 481,211; 2014 AED 582,575; 2015 AED 650,000; 2016 AED 514,345; 2017 AED 600,000; 2019 AED 500,000; 2020 AED 375,000; 2021 AED 365,000; 2022 AED 355,000; 2023 AED 418,000; 2024 AED 505,000; 2025 AED 545,000Sold by developer, May 2014: AED 535,161 (AED 626 per sqft)

815 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 815, each contractTypical one-bed in Silicon Gates 3
20K40K60K2014201820222026Typical rent by year: 2014 AED 59,783; 2015 AED 60,000; 2016 AED 59,774; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 39,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 31,350; 2023 AED 35,250; 2024 AED 42,591; 2025 AED 45,150; 2026 AED 50,000New contract, January 2021: AED 25,500 a yearNew contract, January 2022: AED 26,500 a yearRenewal, January 2023: AED 31,800 a yearNew contract, January 2024: AED 47,000 a year

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

1-beds in Silicon Gates 3, and where 815 sits

All 60 1-beds →

815 last sold in May 2014 at AED 626 per sqft, 21% below what one-beds in Silicon Gates 3 were fetching at the time (AED 792). Over the last 12 months one-beds sold for AED 610,000 to 625,000, around AED 857 per sqft, and rent for AED 35,000 to 78,000 a year. 815's AED 47,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Jun 2026610,000
26 Mar 2026625,000
3 Oct 2025585,000
1 Oct 2025530,000
2 1-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

815, Silicon Gates 3 in numbers

  • Sold once: by Time Properties on 7 May 2014 for AED 535,161, or AED 626 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 25,500 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2014 price is 8.8%, before a service charge of about AED 9,000 a year (AED 10.48 per sqft).
  • One-beds in Silicon Gates 3 sold for AED 610,000–625,000 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 January 2024.

Questions about 815, Silicon Gates 3

What did unit 815 last sell for?

AED 535,161 on 7 May 2014, sold by the developer: AED 626 per sqft for 854 sqft. It is the only registered sale of the unit.

What is the rent for unit 815?

AED 47,000 a year on the contract signed on 20 January 2024. The previous contract, from January 2023, was AED 31,800; the unit has been rented since January 2021.

How big is unit 815?

854 sqft (79.3 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2009.

What is unit 815 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Silicon Gates 3 sold for AED 610,000 to 625,000 in the last 12 months, around AED 857 per sqft.

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Mortgage on 815, Silicon Gates 3

Starts from the last sale price (AED 535K, 7 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 535,161
Deposit, UAE resident (20%)
AED 107,032
Deposit, non-resident (40%)
AED 214,064
Monthly over 25 years at 3.7%
AED 2,190

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