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1-bed · 1,273 sqftSilicon Gates 3, Dubai Silicon Oasis · completed 2009

T02, Silicon Gates 3

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit T02 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.1M22 June 2015
Current rentAED 85K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T02, Silicon Gates 3

What is T02 worth today?

Last sold for AED 1,100,000 in 2015

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15 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
1 Jan 2022RentedRenewal
AED 48,000/yr12 months · AED 38 per sqft
1 Jan 2021RentedNew contract
AED 48,000/yr12 months · AED 38 per sqft
15 Oct 2019RentedNew contract
AED 63,000/yr12 months · AED 49 per sqft
15 Oct 2018RentedNew contract
AED 63,000/yr12 months · AED 50 per sqft
15 Sep 2017RentedNew contract
AED 76,500/yr12 months · AED 60 per sqft
22 Jun 2015Sold by developerReady
AED 1,100,000AED 863 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
1,273 sqft
Parking
G-83
Developer
Time Properties
Completed
2009
Service charge
AED 13,300 /yr
Last sold
AED 1.1M · June 2015
Building
Silicon Gates 3

About T02, Silicon Gates 3

T02 is a one-bedroom apartment of 1,273 sqft of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. The developer sold it on 22 June 2015 for AED 1,100,000, or AED 863 per sqft, 4% above the AED 826 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 October 2024, is AED 85,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 13,300 a year.

Sales and rents for T02 over time

Sales
Unit T02, each saleTypical one-bed in Silicon Gates 3
500K1M20102014201820222026Typical 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, June 2015: AED 1,100,000 (AED 863 per sqft)

T02 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit T02, each contractTypical one-bed in Silicon Gates 3
50K2014201820222026Typical 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, September 2017: AED 76,500 a yearNew contract, October 2018: AED 63,000 a yearNew contract, October 2019: AED 63,000 a yearNew contract, January 2021: AED 48,000 a yearRenewal, January 2022: AED 48,000 a yearNew contract, October 2024: AED 85,000 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 T02 sits

All 60 1-beds →

T02 last sold in June 2015 at AED 863 per sqft, 4% above what one-beds in Silicon Gates 3 were fetching at the time (AED 826). 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. T02's AED 85,000 is at the top 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 →

T02, Silicon Gates 3 in numbers

  • Sold once: by Time Properties on 22 June 2015 for AED 1,100,000, or AED 863 per sqft.
  • Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 76,500 to AED 48,000 in 2022 and recovered to AED 85,000 by October 2024.
  • At AED 85,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 13,300 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 15 October 2024.

Questions about T02, Silicon Gates 3

What did unit T02 last sell for?

AED 1,100,000 on 22 June 2015, sold by the developer: AED 863 per sqft for 1,273 sqft. It is the only registered sale of the unit.

What is the rent for unit T02?

AED 85,000 a year on the contract signed on 15 October 2024. The previous contract, from January 2022, was AED 48,000; the unit has been rented since September 2017.

How big is unit T02?

1,273 sqft (118.3 sqm): a one-bedroom apartment of a 8-storey tower completed in 2009.

What is unit T02 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 T02, Silicon Gates 3

Starts from the last sale price (AED 1.1M, 22 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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