306, Axis Residences 1
Sold prices and rental history: sold 5 times, last in April 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Axis Residences 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 10 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 3rd of 8
- Parking
- G-46
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,700 /yr
- Last sold
- AED 610K · April 2016
- Building
- Axis Residences 1
About 306, Axis Residences 1
306 is a one-bedroom apartment of 898 sqft on the 3rd floor of Axis Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 21 April 2016 for AED 610,000, or AED 679 per sqft, 13% below the AED 779 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 40 Ejari contracts. The current contract, renewed on 10 May 2026, is AED 53,000 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 10,700 a year.
Sales and rents for 306 over time
306 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Axis Residences 1, and where 306 sits
All 79 1-beds →306 last sold in April 2016 at AED 679 per sqft, 13% below what one-beds in Axis Residences 1 were fetching at the time (AED 779). Over the last 12 months one-beds sold for AED 295,000 to 700,000, around AED 653 per sqft, and rent for AED 30,000 to 84,000 a year. 306's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 852 sqft | 620,000 | 728 | ||
| 15 Oct 202615 October 2026 | 931 sqft | 560,000 | 601 | ||
| 24 Sep 202624 September 2026 | 860 sqft | 565,000 | 657 | ||
| 23 Sep 202623 September 2026 | 898 sqft | 600,000 | 668 |
Axis Residences 1
Building80 apartments, studios to 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 22 sold in the last 12 months.
- Typical price per sqft
- AED 653 Up 4.6%
- Typical sale
- AED 563K
- Typical rent
- AED 53K /yr
- Typical yield
- 9.1%
Other units on the 3rd floor
All 80 units in Axis Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 847 sqft | AED 378KAED 378,000 · May 2023May 2023 | 55,000 /yr | |
| 302 | 1-bed | 848 sqft | AED 598KAED 598,000 · Oct 2025October 2025 | 54,000 /yr | |
| 303 | 1-bed | 854 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 55,000 /yr | |
| 304 | 1-bed | 852 sqft | AED 470KAED 470,000 · Aug 2024August 2024 | 58,000 /yr | |
| 305 | 1-bed | 860 sqft | AED 610KAED 610,000 · Apr 2016April 2016 | 52,000 /yr | |
| 307 | 1-bed | 852 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 53,000 /yr | |
| 308 | 1-bed | 938 sqft | AED 530KAED 530,000 · May 2024May 2024 | 43,000 /yr | |
| 309 | 1-bed | 848 sqft | AED 520KAED 520,000 · May 2025May 2025 | 55,000 /yr | |
| 310 | 1-bed | 847 sqft | AED 550KAED 550,000 · Jul 2026July 2026 | 55,000 /yr |
306, Axis Residences 1 in numbers
- Sold 5 times: first on 10 February 2013 for AED 992,296, last on 21 April 2016 for AED 610,000 (AED 679 per sqft).
- Rented since February 2013 on 40 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 53,000 by May 2026.
- At AED 53,000 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 10,700 a year (AED 11.95 per sqft).
- One-beds in Axis Residences 1 sold for AED 295,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 653 per sqft.
Source: Dubai Land Department. Updated 10 May 2026.
Questions about 306, Axis Residences 1
What did unit 306 last sell for?
AED 610,000 on 21 April 2016: AED 679 per sqft for 898 sqft. The unit has 5 registered sales; the first was AED 992,296 in February 2013.
What is the rent for unit 306?
AED 53,000 a year on the contract renewed on 10 May 2026. The previous contract, from March 2026, was AED 53,000; the unit has been rented since February 2013.
How big is unit 306?
898 sqft (83.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Axis Residences 1 sold for AED 295,000 to 700,000 in the last 12 months, around AED 653 per sqft.
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Mortgage on 306, Axis Residences 1
Starts from the last sale price (AED 610K, 21 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →