306, Axis Residences 3
Sold prices and rental history: sold once, by the developer in August 2017, 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 306, Axis Residences 3
What is 306 worth today?
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Source: Dubai Land Department. Updated 14 November 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 3rd of 8
- Parking
- 38
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 9,700 /yr
- Last sold
- AED 667K · August 2017
- Building
- Axis Residences 3
About 306, Axis Residences 3
306 is a one-bedroom apartment of 808 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. The developer sold it on 9 August 2017 for AED 666,551, or AED 824 per sqft, 18% above the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 14 November 2017, is AED 50,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 9,700 a year.
Sales and rents for 306 over time
306 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 306 sits
All 128 1-beds →306 last sold in August 2017 at AED 824 per sqft, 18% above what one-beds in Axis Residences 3 were fetching at the time (AED 699). 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. 306's AED 50,000 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 3rd floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 855 sqft | AED 360KAED 360,000 · Sep 2022September 2022 | ||
| 302 | 1-bed | 809 sqft | AED 445KAED 444,730 · Jun 2013June 2013 | 26,000 /yr | |
| 303 | 1-bed | 808 sqft | AED 484KAED 484,200 · Feb 2013February 2013 | 44,000 /yr | |
| 304 | 1-bed | 968 sqft | AED 360KAED 360,000 · Sep 2022September 2022 | 53,000 /yr | |
| 305 | 1-bed | 968 sqft | AED 315KAED 315,000 · Mar 2018March 2018 | 41,055 /yr | |
| 307 | 1-bed | 751 sqft | AED 580KAED 580,000 · Sep 2013September 2013 | 38,869 /yr | |
| 308 | 1-bed | 870 sqft | AED 453KAED 453,000 · Feb 2024February 2024 | 54,000 /yr | |
| 309 | 1-bed | 870 sqft | AED 529KAED 528,821 · Feb 2022February 2022 | 54,000 /yr | |
| 310 | 1-bed | 751 sqft | AED 570KAED 570,000 · Sep 2024September 2024 | 55,000 /yr | |
| 311 | 1-bed | 808 sqft | No registered sale | 50,000 /yr | |
| 312 | 1-bed | 968 sqft | AED 380KAED 380,000 · Nov 2022November 2022 | 54,000 /yr | |
| 313 | 1-bed | 645 sqft | AED 1.74MAED 1,735,800 · Jun 2015June 2015 | 40,000 /yr | |
| 314 | 1-bed | 808 sqft | AED 530KAED 530,000 · May 2018May 2018 | 35,000 /yr | |
| 315 | 1-bed | 813 sqft | AED 504KAED 503,806 · Dec 2014December 2014 | 48,000 /yr | |
| 316 | 1-bed | 857 sqft | AED 381KAED 380,500 · Dec 2024December 2024 | 47,000 /yr |
306, Axis Residences 3 in numbers
- Sold once: by Gulf General Investments Co on 9 August 2017 for AED 666,551, or AED 824 per sqft.
- Rented since March 2013 on 4 Ejari contracts, from AED 33,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 9,700 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 14 November 2017.
Questions about 306, Axis Residences 3
What did unit 306 last sell for?
AED 666,551 on 9 August 2017, sold by the developer: AED 824 per sqft for 808 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 50,000 a year on the contract signed on 14 November 2017. The previous contract, from January 2016, was AED 65,000; the unit has been rented since March 2013.
How big is unit 306?
808 sqft (75.1 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.
What is unit 306 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 306, Axis Residences 3
Starts from the last sale price (AED 667K, 9 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 666,551
- Deposit, UAE resident (20%)
- AED 133,310
- Deposit, non-resident (40%)
- AED 266,620
- Monthly over 25 years at 3.7%
- AED 2,727
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →