1-bed · 855 sqftAxis Residences 3, Dubai Silicon Oasis · 3rd floor · completed 2009

301, Axis Residences 3

Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 360K8 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Axis Residences 3

What is 301 worth today?

Last sold for AED 360,000 in 2022

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8 Sep 2022SoldReady
AED 360,000AED 420 per sqft
28 May 2015Sold by developerReady
AED 1,686,900AED 1,972 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
3rd of 8
Parking
120
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 360K · September 2022

About 301, Axis Residences 3

301 is a one-bedroom apartment of 855 sqft on the 3rd 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 2022 for AED 360,000, or AED 420 per sqft, in line with the AED 427 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Axis Residences 3
1M20112015201920232027Typical 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, May 2015: AED 1,686,900 (AED 1,972 per sqft)Sold, September 2022: AED 360,000 (AED 420 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Axis Residences 3
40K60K2012201620202024Typical 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 50,000

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 301 sits

All 128 1-beds →

301 last sold in September 2022 at AED 420 per sqft, in line with what one-beds in Axis Residences 3 were fetching at the time (AED 427). 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.

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 3rd floor

All 128 units in Axis Residences 3
Value
3021-bedAED 445K · Jun 2013
3031-bedAED 484K · Feb 2013
3041-bedAED 360K · Sep 2022
3051-bedAED 315K · Mar 2018
3061-bedAED 667K · Aug 2017
3071-bedAED 580K · Sep 2013
3081-bedAED 453K · Feb 2024
1–7 of 15

301, Axis Residences 3 in numbers

  • Sold twice: first on 28 May 2015 for AED 1,686,900, last on 8 September 2022 for AED 360,000 (AED 420 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 8 September 2022.

Questions about 301, Axis Residences 3

What did unit 301 last sell for?

AED 360,000 on 8 September 2022: AED 420 per sqft for 855 sqft. The unit has 2 registered sales; the first was AED 1,686,900 in May 2015.

How big is unit 301?

855 sqft (79.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 301 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 301, Axis Residences 3

Starts from the last sale price (AED 360K, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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