307, Axis Residences 3
Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Axis Residences 3
What is 307 worth today?
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Source: Dubai Land Department. Updated 21 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 751 sqft
- Floor
- 3rd of 8
- Parking
- 39
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 9,000 /yr
- Last sold
- AED 580K · September 2013
- Building
- Axis Residences 3
About 307, Axis Residences 3
307 is a one-bedroom apartment of 751 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 12 September 2013 for AED 580,000, or AED 772 per sqft, 31% above the AED 591 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 21 June 2023, is AED 38,869 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 9,000 a year.
Sales and rents for 307 over time
307 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 307 sits
All 128 1-beds →307 last sold in September 2013 at AED 772 per sqft, 31% above 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. 307's AED 38,869 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 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 | |
| 306 | 1-bed | 808 sqft | AED 667KAED 666,551 · Aug 2017August 2017 | 50,000 /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 |
307, Axis Residences 3 in numbers
- Sold once: by Gulf General Investments Co on 12 September 2013 for AED 580,000, or AED 772 per sqft.
- Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 59,839 to AED 26,000 in 2021 and recovered to AED 38,869 by June 2023.
- At AED 38,869 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 9,000 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 21 June 2023.
Questions about 307, Axis Residences 3
What did unit 307 last sell for?
AED 580,000 on 12 September 2013, sold by the developer: AED 772 per sqft for 751 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 38,869 a year on the contract renewed on 21 June 2023. The previous contract, from June 2022, was AED 29,000; the unit has been rented since October 2014.
How big is unit 307?
751 sqft (69.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.
What is unit 307 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 307, Axis Residences 3
Starts from the last sale price (AED 580K, 12 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →