1-bed · 870 sqftAxis Residences 3, Dubai Silicon Oasis · 2nd floor · completed 2009

208, Axis Residences 3

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 517K5 January 2012
Current rentAED 25K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Axis Residences 3

What is 208 worth today?

Last sold for AED 516,600 in 2012

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1 Feb 2021RentedNew contract
AED 25,000/yr12 months · AED 29 per sqft
4 Oct 2019RentedRenewal
AED 48,000/yr12 months · AED 55 per sqft
4 Oct 2018RentedNew contract
AED 48,000/yr12 months · AED 55 per sqft
30 Sep 2017RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
1 Sep 2016RentedNew contract
AED 55,000/yr12 months · AED 63 per sqft
5 Jan 2012Sold by developerReady
AED 516,600AED 593 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
2nd of 8
Parking
25
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,400 /yr
Last sold
AED 517K · January 2012

About 208, Axis Residences 3

208 is a one-bedroom apartment of 870 sqft on the 2nd floor of Axis Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. The developer sold it on 5 January 2012 for AED 516,600, or AED 593 per sqft, in line with the AED 591 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 February 2021, is AED 25,000 a year: a gross yield of 4.8% on the 2012 price, before the service charge of about AED 10,400 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in Axis Residences 3
400K600K20112015201920232027Typical sale price by year: 2011 AED 482,700; 2012 AED 519,600; 2013 AED 492,600; 2014 AED 530,670; 2015 AED 650,000; 2016 AED 560,000; 2017 AED 612,500; 2018 AED 489,803; 2019 AED 498,000; 2022 AED 365,000; 2023 AED 415,291; 2024 AED 451,500; 2025 AED 547,500; 2026 AED 605,000Sold by developer, January 2012: AED 516,600 (AED 593 per sqft)

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

Rents
Unit 208, each contractTypical one-bed in Axis Residences 3
20K40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 37,500; 2014 AED 45,000; 2015 AED 55,000; 2016 AED 56,000; 2017 AED 51,000; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 29,729; 2022 AED 32,500; 2023 AED 37,950; 2024 AED 42,350; 2025 AED 48,250; 2026 AED 50,000New contract, September 2016: AED 55,000 a yearNew contract, September 2017: AED 50,000 a yearNew contract, October 2018: AED 48,000 a yearRenewal, October 2019: AED 48,000 a yearNew contract, February 2021: AED 25,000 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 3, and where 208 sits

All 128 1-beds →

208 last sold in January 2012 at AED 593 per sqft, in line with what one-beds in Axis Residences 3 were fetching at the time (AED 591). Over the last 12 months one-beds sold for AED 540,000 to 650,000, around AED 680 per sqft, and rent for AED 26,667 to 63,000 a year. 208's AED 25,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026540,000
8 Sep 2026610,000
19 Jun 2026600,000
12 Mar 2026610,000
7 1-bed sales in the last 12 months

Axis Residences 3

Building

128 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 680
Typical sale
AED 610K
Typical rent
AED 50K /yr
Typical yield
9.1%
Axis Residences 3, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 128 units in Axis Residences 3
Value
2011-bedAED 450K · Mar 2024
2021-bedAED 547K · Feb 2012
2031-bedAED 360K · Jun 2023
2041-bedAED 600K · Mar 2025
2051-bedAED 411K · Jun 2023
2061-bedAED 410K · May 2023
2071-bedAED 440K · Oct 2014
1–7 of 15

208, Axis Residences 3 in numbers

  • Sold once: by Gulf General Investments Co on 5 January 2012 for AED 516,600, or AED 593 per sqft.
  • Rented since September 2016 on 5 Ejari contracts, from AED 55,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2012 price is 4.8%, before a service charge of about AED 10,400 a year (AED 11.95 per sqft).
  • One-beds in Axis Residences 3 sold for AED 540,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 680 per sqft.

Source: Dubai Land Department. Updated 1 February 2021.

Questions about 208, Axis Residences 3

What did unit 208 last sell for?

AED 516,600 on 5 January 2012, sold by the developer: AED 593 per sqft for 870 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 25,000 a year on the contract signed on 1 February 2021. The previous contract, from October 2019, was AED 48,000; the unit has been rented since September 2016.

How big is unit 208?

870 sqft (80.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 208 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 3 sold for AED 540,000 to 650,000 in the last 12 months, around AED 680 per sqft.

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Mortgage on 208, Axis Residences 3

Starts from the last sale price (AED 517K, 5 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 516,600
Deposit, UAE resident (20%)
AED 103,320
Deposit, non-resident (40%)
AED 206,640
Monthly over 25 years at 3.7%
AED 2,114

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