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1-bed · 715 sqftSilicon Gates 3, Dubai Silicon Oasis · 7th floor · completed 2009

708, Silicon Gates 3

Sold prices and rental history: sold twice, last 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 708 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 583K5 May 2014
Current rentAED 30K /yr22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, Silicon Gates 3

What is 708 worth today?

Last sold for AED 582,575 in 2014

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22 May 2025RentedRenewal
AED 30,000/yr12 months · AED 42 per sqft
22 May 2024RentedRenewal
AED 30,000/yr12 months · AED 42 per sqft
22 May 2022RentedNew contract
AED 30,000/yr12 months · AED 42 per sqft
5 Jan 2021RentedNew contract
AED 26,000/yr12 months · AED 37 per sqft
5 May 2014SoldReady
AED 582,575AED 814 per sqft
17 Oct 2012Sold by developerOff-plan
AED 582,575AED 814 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
1-bed apartment
Size
715 sqft
Floor
7th of 8
Parking
G-042
Developer
Time Properties
Completed
2009
Service charge
AED 7,500 /yr
Last sold
AED 583K · May 2014
Building
Silicon Gates 3

About 708, Silicon Gates 3

708 is a one-bedroom apartment of 715 sqft on the 7th floor of Silicon Gates 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Time Properties. It last sold on 5 May 2014 for AED 582,575, or AED 814 per sqft, in line with the AED 795 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 22 May 2025, is AED 30,000 a year: a gross yield of 5.1% on the 2014 price, before the service charge of about AED 7,500 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, October 2012: AED 582,575 (AED 814 per sqft)Sold, May 2014: AED 582,575 (AED 814 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Silicon Gates 3
20K40K60K2014201820222026Typical 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, January 2021: AED 26,000 a yearNew contract, May 2022: AED 30,000 a yearRenewal, May 2024: AED 30,000 a yearRenewal, May 2025: AED 30,000 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 708 sits

All 56 1-beds →

708 last sold in May 2014 at AED 814 per sqft, in line with what one-beds in Silicon Gates 3 were fetching at the time (AED 795). 708's AED 30,000 is at the bottom 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
7061-bedAED 609K · Apr 2014
7071-bedAED 489K · Jun 2016
1–7 of 14

708, Silicon Gates 3 in numbers

  • Sold twice: first on 17 October 2012 for AED 582,575, last on 5 May 2014 for AED 582,575 (AED 814 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 26,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2014 price is 5.1%, before a service charge of about AED 7,500 a year (AED 10.48 per sqft).

Source: Dubai Land Department. Updated 22 May 2025.

Questions about 708, Silicon Gates 3

What did unit 708 last sell for?

AED 582,575 on 5 May 2014: AED 814 per sqft for 715 sqft. The unit has 2 registered sales; the first was AED 582,575 in October 2012.

What is the rent for unit 708?

AED 30,000 a year on the contract renewed on 22 May 2025. The previous contract, from May 2024, was AED 30,000; the unit has been rented since January 2021.

How big is unit 708?

715 sqft (66.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 708 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 708, Silicon Gates 3

Starts from the last sale price (AED 583K, 5 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 582,575
Deposit, UAE resident (20%)
AED 116,515
Deposit, non-resident (40%)
AED 233,030
Monthly over 25 years at 3.7%
AED 2,383

Plus AED 29,478 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →