212, Axis Residences 3
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 212, Axis Residences 3
What is 212 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 968 sqft
- Floor
- 2nd of 8
- Parking
- 29
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 11,600 /yr
- Last sold
- AED 483K · September 2023
- Building
- Axis Residences 3
About 212, Axis Residences 3
212 is a one-bedroom apartment of 968 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. It last sold on 8 September 2023 for AED 483,039, or AED 499 per sqft, 7% above the AED 465 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 10 November 2023, is AED 45,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 11,600 a year.
Sales and rents for 212 over time
212 has sold twice; 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 3, and where 212 sits
All 128 1-beds →212 last sold in September 2023 at AED 499 per sqft, 7% above what one-beds in Axis Residences 3 were fetching at the time (AED 465). 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. 212's AED 45,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 809 sqft | 540,000 | 667 | ||
| 8 Sep 20268 September 2026 | 808 sqft | 610,000 | 755 | ||
| 19 Jun 202619 June 2026 | 808 sqft | 600,000 | 742 | ||
| 12 Mar 202612 March 2026 | 968 sqft | 610,000 | 630 |
Axis Residences 3
Building128 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%
Other units on the 2nd floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 855 sqft | AED 450KAED 450,000 · Mar 2024March 2024 | 47,500 /yr | |
| 202 | 1-bed | 809 sqft | AED 547KAED 546,914 · Feb 2012February 2012 | 53,000 /yr | |
| 203 | 1-bed | 808 sqft | AED 360KAED 360,000 · Jun 2023June 2023 | 31,500 /yr | |
| 204 | 1-bed | 968 sqft | AED 600KAED 600,000 · Mar 2025March 2025 | 35,000 /yr | |
| 205 | 1-bed | 968 sqft | AED 411KAED 410,582 · Jun 2023June 2023 | 51,000 /yr | |
| 206 | 1-bed | 808 sqft | AED 410KAED 410,000 · May 2023May 2023 | 50,000 /yr | |
| 207 | 1-bed | 751 sqft | AED 440KAED 440,000 · Oct 2014October 2014 | 50,000 /yr | |
| 208 | 1-bed | 870 sqft | AED 517KAED 516,600 · Jan 2012January 2012 | 25,000 /yr | |
| 209 | 1-bed | 870 sqft | AED 420KAED 420,000 · Oct 2023October 2023 | 50,000 /yr | |
| 210 | 1-bed | 751 sqft | AED 245KAED 245,000 · Aug 2018August 2018 | 47,000 /yr | |
| 211 | 1-bed | 808 sqft | AED 650KAED 650,000 · Apr 2015April 2015 | 55,000 /yr | |
| 213 | 1-bed | 968 sqft | AED 411KAED 410,582 · Jun 2023June 2023 | 48,000 /yr | |
| 214 | 1-bed | 808 sqft | AED 303KAED 302,500 · Feb 2017February 2017 | 46,200 /yr | |
| 215 | 1-bed | 813 sqft | AED 483KAED 483,491 · Jun 2015June 2015 | 35,000 /yr | |
| 216 | 1-bed | 857 sqft | AED 1.52MAED 1,524,000 · Sep 2013September 2013 | 27,000 /yr |
212, Axis Residences 3 in numbers
- Sold twice: first on 3 February 2013 for AED 500,000, last on 8 September 2023 for AED 483,039 (AED 499 per sqft).
- Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 36,000 to AED 30,000 in 2021 and recovered to AED 45,000 by November 2023.
- At AED 45,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 11,600 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 10 November 2023.
Questions about 212, Axis Residences 3
What did unit 212 last sell for?
AED 483,039 on 8 September 2023: AED 499 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 500,000 in February 2013.
What is the rent for unit 212?
AED 45,000 a year on the contract signed on 10 November 2023. The previous contract, from September 2021, was AED 30,000; the unit has been rented since September 2012.
How big is unit 212?
968 sqft (89.9 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.
What is unit 212 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 212, Axis Residences 3
Starts from the last sale price (AED 483K, 8 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 483,039
- Deposit, UAE resident (20%)
- AED 96,608
- Deposit, non-resident (40%)
- AED 193,216
- Monthly over 25 years at 3.7%
- AED 1,976
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →