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1-bed · 848 sqftAxis Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2009

309, Axis Residences 1

Sold prices and rental history: sold 6 times, last in May 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 520K7 May 2025
Current rentAED 55K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 309, Axis Residences 1

What is 309 worth today?

Last sold for AED 520,000 in 2025

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1 Aug 2026RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
20 Feb 2026RentedRenewal
AED 43,000/yr12 months · AED 51 per sqft
25 Dec 2025RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
15 May 2025RentedNew contract
AED 56,000/yr12 months · AED 66 per sqft
7 May 2025SoldReady
AED 520,000AED 613 per sqft
7 May 2025RentedNew contract
AED 40,645/yr9 months · AED 48 per sqft
20 Feb 2025RentedRenewal
AED 41,140/yr12 months · AED 49 per sqft
1 Aug 2024RentedNew contract
AED 38,640/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
3rd of 8
Parking
G-166
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 520K · May 2025
Building
Axis Residences 1

About 309, Axis Residences 1

309 is a one-bedroom apartment of 848 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 7 May 2025 for AED 520,000, or AED 613 per sqft, 8% above the AED 566 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 32 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 55,000 a year: a gross yield of 10.6% on the 2025 price, before the service charge of about AED 10,100 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Axis Residences 1
500K1M20112015201920232027Typical sale price by year: 2011 AED 756,030; 2012 AED 922,153; 2013 AED 631,039; 2014 AED 829,819; 2015 AED 700,000; 2016 AED 620,000; 2017 AED 582,500; 2018 AED 500,000; 2019 AED 507,940; 2020 AED 337,500; 2021 AED 409,417; 2022 AED 380,000; 2023 AED 400,000; 2024 AED 480,000; 2025 AED 550,000; 2026 AED 555,000Sold by developer, April 2013: AED 746,895 (AED 874 per sqft)Sold, August 2014: AED 715,000 (AED 837 per sqft)Sold, June 2015: AED 934,250 (AED 1,101 per sqft)Sold, February 2016: AED 508,136 (AED 595 per sqft)Sold, February 2017: AED 580,000 (AED 684 per sqft)Sold, May 2025: AED 520,000 (AED 613 per sqft)

309 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in Axis Residences 1
20K40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 40,000; 2014 AED 47,497; 2015 AED 55,000; 2016 AED 60,000; 2017 AED 54,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 33,250; 2023 AED 39,000; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 52,500New contract, May 2012: AED 36,000 a yearNew contract, February 2013: AED 40,000 a yearNew contract, March 2013: AED 32,000 a yearNew contract, May 2013: AED 40,000 a yearNew contract, December 2013: AED 17,500 a yearNew contract, February 2014: AED 46,000 a yearNew contract, May 2014: AED 44,000 a yearNew contract, February 2015: AED 51,000 a yearRenewal, May 2015: AED 48,400 a yearNew contract, December 2015: AED 42,000 a yearRenewal, December 2016: AED 46,200 a yearNew contract, January 2017: AED 55,125 a yearNew contract, November 2017: AED 47,000 a yearNew contract, April 2018: AED 54,000 a yearNew contract, May 2018: AED 48,000 a yearNew contract, March 2019: AED 41,000 a yearNew contract, August 2019: AED 38,000 a yearNew contract, December 2020: AED 30,000 a yearNew contract, April 2021: AED 29,500 a yearNew contract, August 2021: AED 26,000 a yearNew contract, February 2022: AED 30,000 a yearRenewal, August 2022: AED 28,000 a yearRenewal, February 2023: AED 34,000 a yearRenewal, August 2023: AED 33,600 a yearRenewal, February 2024: AED 39,100 a yearNew contract, August 2024: AED 38,640 a yearRenewal, February 2025: AED 41,140 a yearNew contract, May 2025: AED 56,000 a yearNew contract, May 2025: AED 40,645 a yearNew contract, December 2025: AED 55,000 a yearRenewal, February 2026: AED 43,000 a yearRenewal, August 2026: AED 55,000 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 Axis Residences 1, and where 309 sits

All 79 1-beds →

309 last sold in May 2025 at AED 613 per sqft, 8% above what one-beds in Axis Residences 1 were fetching at the time (AED 566). 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. 309's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026620,000
15 Oct 2026560,000
24 Sep 2026565,000
23 Sep 2026600,000
22 1-bed sales in the last 12 months

Axis Residences 1

Building

80 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%
Axis Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 80 units in Axis Residences 1
Value
3011-bedAED 378K · May 2023
3021-bedAED 598K · Oct 2025
3031-bedAED 500K · Jul 2024
3041-bedAED 470K · Aug 2024
3051-bedAED 610K · Apr 2016
3061-bedAED 610K · Apr 2016
3071-bedAED 500K · Jun 2025
1–7 of 9

309, Axis Residences 1 in numbers

  • Sold 6 times: first on 8 April 2013 for AED 746,895, last on 7 May 2025 for AED 520,000 (AED 613 per sqft).
  • Rented since May 2012 on 32 Ejari contracts. The rent fell from AED 36,000 to AED 17,500 in 2013 and recovered to AED 55,000 by August 2026.
  • At AED 55,000 a year the gross yield on the 2025 price is 10.6%, before a service charge of about AED 10,100 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 1 August 2026.

Questions about 309, Axis Residences 1

What did unit 309 last sell for?

AED 520,000 on 7 May 2025: AED 613 per sqft for 848 sqft. The unit has 6 registered sales; the first was AED 746,895 in April 2013.

What is the rent for unit 309?

AED 55,000 a year on the contract renewed on 1 August 2026. The previous contract, from February 2026, was AED 43,000; the unit has been rented since May 2012.

How big is unit 309?

848 sqft (78.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 309 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 309, Axis Residences 1

Starts from the last sale price (AED 520K, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →