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1-bed · 766 sqftSilicon Gates 3, Dubai Silicon Oasis · 7th floor · completed 2009

706, Silicon Gates 3

Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 609K27 April 2014
Current rentAED 50K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Silicon Gates 3

What is 706 worth today?

Last sold for AED 609,000 in 2014

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1 May 2025RentedNew contract
AED 50,000/yr13 months · AED 65 per sqft
1 Feb 2021RentedNew contract
AED 28,000/yr12 months · AED 37 per sqft
1 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft
27 Apr 2014Sold by developerReady
AED 609,000AED 795 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
766 sqft
Floor
7th of 8
Parking
B-52
Developer
Time Properties
Completed
2009
Service charge
AED 8,000 /yr
Last sold
AED 609K · April 2014
Building
Silicon Gates 3

About 706, Silicon Gates 3

706 is a one-bedroom apartment of 766 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 27 April 2014 for AED 609,000, or AED 795 per sqft, 4% above the AED 762 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 May 2025, is AED 50,000 a year: a gross yield of 8.2% on the 2014 price, before the service charge of about AED 8,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Silicon Gates 3
500K750K20102014201820222026Typical sale price by year: 2010 AED 877,773; 2011 AED 470,754; 2012 AED 476,963; 2013 AED 481,211; 2014 AED 582,575; 2015 AED 650,000; 2016 AED 488,689; 2017 AED 600,000; 2019 AED 500,000; 2021 AED 370,000; 2022 AED 355,000; 2023 AED 418,000; 2024 AED 530,000; 2025 AED 545,000Sold by developer, April 2014: AED 609,000 (AED 795 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Silicon Gates 3
40K60K2014201820222026Typical rent by year: 2014 AED 59,892; 2015 AED 60,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 39,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 35,000; 2024 AED 43,000; 2025 AED 45,150; 2026 AED 55,000New contract, August 2019: AED 40,000 a yearNew contract, February 2021: AED 28,000 a yearNew contract, May 2025: AED 50,000 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 706 sits

All 56 1-beds →

706 last sold in April 2014 at AED 795 per sqft, 4% above what one-beds in Silicon Gates 3 were fetching at the time (AED 762). 706's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 2025565,000
16 Jun 2025510,000
30 May 2025550,000
28 Apr 2025520,000
0 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. 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%
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 800K · Nov 2024
7023-bedAED 752K · Sep 2014
7032-bedAED 810K · Apr 2014
704StudioAED 380K · Sep 2017
705StudioAED 240K · May 2014
7071-bedAED 489K · Jun 2016
7081-bedAED 583K · May 2014
1–7 of 14

706, Silicon Gates 3 in numbers

  • Sold once: by Time Properties on 27 April 2014 for AED 609,000, or AED 795 per sqft.
  • Rented since August 2019 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 50,000 by May 2025.
  • At AED 50,000 a year the gross yield on the 2014 price is 8.2%, before a service charge of about AED 8,000 a year (AED 10.48 per sqft).

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 706, Silicon Gates 3

What did unit 706 last sell for?

AED 609,000 on 27 April 2014, sold by the developer: AED 795 per sqft for 766 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 50,000 a year on the contract signed on 1 May 2025. The previous contract, from February 2021, was AED 28,000; the unit has been rented since August 2019.

How big is unit 706?

766 sqft (71.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 706 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 706, Silicon Gates 3

Starts from the last sale price (AED 609K, 27 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 609,000
Deposit, UAE resident (20%)
AED 121,800
Deposit, non-resident (40%)
AED 243,600
Monthly over 25 years at 3.7%
AED 2,492

Plus AED 30,588 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →