PropertyIndex

Silicon Gate 3

Completed · Q3 2013|124 units · 1 building

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Silicon Gate 3 is a completed apartment development by TIME PROPERTIES in Silicon Oasis, Nadd Hessa, comprising 124 registered units. 259 sales are registered with the Dubai Land Department, at a current PIX© price of AED 876 per sqft. At AED 876 per sqft, Silicon Gate 3 prices 34% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.

PIX© price · 15.1% YoY
699KAED
Typical
876AED
PSF
Gross yield
7.9%
PIX© rent ÷ PIX© price
Sale records
259
DLD · all time
Rent contracts
822
Ejari · all time
Silicon Gate 3

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
347 – 1,352 sqft
124699K87615.1%55K7.9%
Residential
Studio · Apartment
347 – 405 sqft
16
1 Bed · Apartment
416 – 1,273 sqft
60
2 Bed · Apartment
978 – 1,352 sqft
32
3 Bed · Apartment
1,133 – 1,139 sqft
14
Commercial
Shop
682 – 784 sqft
2
Sales — Project-Wide259 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
5 Jun 20261 BedFloor 7766610,000797+0.2%StandardDevelopment Registration
13 Apr 20263 BedFloor 71,139975,000856+21.9%StandardDevelopment Sale
6 Apr 20263 BedFloor 41,1361,060,000933+76.7%StandardDevelopment Sale
Rentals — Project-Wide822 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 147 rentals
Floors 1-2 · 36 rentals
Floors 3-5 · 59 rentals
Floors 6-8 · 52 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Jul 20261 BedFloor 571250,00070+17.6%Entry Levelnew
25 Jul 20261 BedFloor 571250,000700.0%Entry Levelnew
25 Jul 20263 BedFloor 31,13678,00069-8.2%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Silicon Oasis

The closest-priced registered projects in Silicon Oasis.

Common questions about Silicon Gate 3

Answered from Dubai Land Department registered transactions.

How much does a property in Silicon Gate 3 cost?

Property in Silicon Gate 3 sells at a current PIX© price of AED 876 per sqft, or about AED 699,318 for a typical unit, based on 259 sales registered with the Dubai Land Department.

Is Silicon Gate 3 completed?

Yes. Silicon Gate 3 is recorded as completed in the Dubai Land Department project register (completed q3 2013).

Who is the developer of Silicon Gate 3?

Silicon Gate 3 is developed by TIME PROPERTIES, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Silicon Gate 3?

Silicon Gate 3 yields 7.9% gross, calculated from current PIX© rent against current PIX© sale price, across 822 registered Ejari contracts.

How many units are in Silicon Gate 3?

Silicon Gate 3 holds 124 registered units, per the Dubai Land Department unit register.

Have prices in Silicon Gate 3 gone up or down?

Price per sqft has risen +15.1% over the last 12 months, to AED 876, across 259 registered sales.