216, Axis Residences 3
Sold prices and rental history: sold once, by the developer in September 2013, 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 216, Axis Residences 3
What is 216 worth today?
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Source: Dubai Land Department. Updated 1 January 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 2nd of 8
- Parking
- 33
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 1.52M · September 2013
- Building
- Axis Residences 3
About 216, Axis Residences 3
216 is a one-bedroom apartment of 857 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 22 September 2013 for AED 1,524,000, or AED 1,777 per sqft, 199% above the AED 594 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 January 2022, is AED 27,000 a year: a gross yield of 1.8% on the 2013 price, before the service charge of about AED 10,200 a year.
Sales and rents for 216 over time
216 has sold once; 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 216 sits
All 128 1-beds →216 last sold in September 2013 at AED 1,777 per sqft, 199% above what one-beds in Axis Residences 3 were fetching at the time (AED 594). 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. 216's AED 27,000 is in the lower 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 | |
| 212 | 1-bed | 968 sqft | AED 483KAED 483,039 · Sep 2023September 2023 | 45,000 /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, Axis Residences 3 in numbers
- Sold once: by Gulf General Investments Co on 22 September 2013 for AED 1,524,000, or AED 1,777 per sqft.
- Rented since April 2013 on 8 Ejari contracts, from AED 35,000 to AED 27,000 a year.
- At AED 27,000 a year the gross yield on the 2013 price is 1.8%, before a service charge of about AED 10,200 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 January 2022.
Questions about 216, Axis Residences 3
What did unit 216 last sell for?
AED 1,524,000 on 22 September 2013, sold by the developer: AED 1,777 per sqft for 857 sqft. It is the only registered sale of the unit.
What is the rent for unit 216?
AED 27,000 a year on the contract signed on 1 January 2022. The previous contract, from November 2020, was AED 25,000; the unit has been rented since April 2013.
How big is unit 216?
857 sqft (79.6 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.
What is unit 216 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 216, Axis Residences 3
Starts from the last sale price (AED 1.52M, 22 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,524,000
- Deposit, UAE resident (20%)
- AED 304,800
- Deposit, non-resident (40%)
- AED 609,600
- Monthly over 25 years at 3.7%
- AED 6,235
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →