510, Silicon Gates 3
Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 510, Silicon Gates 3
What is 510 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,033 sqft
- Floor
- 5th of 8
- Parking
- B-006
- Developer
- Time Properties
- Completed
- 2009
- Service charge
- AED 10,800 /yr
- Last sold
- AED 1.3M · May 2015
- Building
- Silicon Gates 3
About 510, Silicon Gates 3
510 is a two-bedroom apartment of 1,033 sqft on the 5th 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 2015 for AED 1,300,000, or AED 1,258 per sqft, 74% above the AED 723 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 21 March 2024, is AED 20,000 a year: a gross yield of 1.5% on the 2015 price, before the service charge of about AED 10,800 a year.
Sales and rents for 510 over time
510 has sold once; the dashed line is the two-bed median of each year in the building.
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 510 sits
All 29 2-beds →510 last sold in May 2015 at AED 1,258 per sqft, 74% above what two-beds in Silicon Gates 3 were fetching at the time (AED 723). Over the last 12 months two-beds sold for AED 870,000, around AED 847 per sqft, and rent for AED 60,000 to 75,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,027 sqft | 870,000 | 847 | ||
| 4 Nov 20244 November 2024 | 1,351 sqft | 664,332 | 491 | ||
| 29 Oct 202429 October 2024 | 1,352 sqft | 700,000 | 517 | ||
| 24 Oct 202424 October 2024 | 1,029 sqft | 720,000 | 699 |
Silicon Gates 3
Building120 apartments, studios to 3-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Time Properties. 2 sold in the last 12 months.
- Typical price per sqft
- AED 841
- Typical sale
- AED 908K
- Typical rent
- AED 53K /yr
- Typical yield
- 9.1%
Other units on the 5th floor
All 120 units in Silicon Gates 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,137 sqft | AED 1.52MAED 1,520,514 · Oct 2014October 2014 | 73,500 /yr | |
| 502 | 3-bed | 567 sqft | AED 945KAED 945,000 · Feb 2026February 2026 | 85,000 /yr | |
| 503 | 2-bed | 1,029 sqft | AED 525KAED 525,000 · Aug 2021August 2021 | 45,000 /yr | |
| 504 | 377 sqft | AED 462KAED 462,000 · Oct 2025October 2025 | 22,680 /yr | ||
| 505 | Studio | 347 sqft | AED 339KAED 339,016 · Apr 2014April 2014 | 31,500 /yr | |
| 506 | 1-bed | 761 sqft | AED 610KAED 610,000 · Nov 2017November 2017 | 39,000 /yr | |
| 507 | 1-bed | 725 sqft | AED 974KAED 974,099 · Feb 2010February 2010 | 42,000 /yr | |
| 508 | 1-bed | 715 sqft | AED 988KAED 987,532 · Jun 2015June 2015 | 53,000 /yr | |
| 509 | 2-bed | 1,032 sqft | AED 610KAED 610,000 · Oct 2023October 2023 | 50,000 /yr | |
| 511 | 1-bed | 746 sqft | AED 592KAED 591,955 · Jan 2024January 2024 | 78,000 /yr | |
| 512 | 1-bed | 681 sqft | AED 500KAED 500,000 · Mar 2019March 2019 | 48,000 /yr | |
| 513 | 1-bed | 712 sqft | AED 600KAED 600,000 · Apr 2017April 2017 | 42,500 /yr | |
| 514 | 1-bed | 681 sqft | AED 614KAED 614,341 · Dec 2016December 2016 | 60,000 /yr | |
| 515 | 2-bed | 1,066 sqft | AED 1.01MAED 1,008,058 · Dec 2014December 2014 |
510, Silicon Gates 3 in numbers
- Sold once: by Time Properties on 7 May 2015 for AED 1,300,000, or AED 1,258 per sqft.
- Rented since May 2016 on 7 Ejari contracts, from AED 80,000 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2015 price is 1.5%, 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 870,000–870,000 in the 12 months to November 2026; the building's median across all types is AED 841 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2024.
Questions about 510, Silicon Gates 3
What did unit 510 last sell for?
AED 1,300,000 on 7 May 2015, sold by the developer: AED 1,258 per sqft for 1,033 sqft. It is the only registered sale of the unit.
What is the rent for unit 510?
AED 20,000 a year on the contract renewed on 21 March 2024. The previous contract, from March 2022, was AED 20,000; the unit has been rented since May 2016.
How big is unit 510?
1,033 sqft (96.0 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.
What is unit 510 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 870,000 in the last 12 months, around AED 847 per sqft.
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Mortgage on 510, Silicon Gates 3
Starts from the last sale price (AED 1.3M, 7 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →