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1-bed · 645 sqftAxis Residences 3, Dubai Silicon Oasis · 3rd floor · completed 2009

313, Axis Residences 3

Sold prices and rental history: sold once, by the developer in June 2015, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 1.74M16 June 2015
Current rentAED 40K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, Axis Residences 3

What is 313 worth today?

Last sold for AED 1,735,800 in 2015

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1 Apr 2022RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
16 Jun 2015Sold by developerReady
AED 1,735,800AED 1,793 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
1-bed apartment
Size
645 sqft
Floor
3rd of 8
Parking
117
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 7,700 /yr
Last sold
AED 1.74M · June 2015
Building
Axis Residences 3

About 313, Axis Residences 3

313 is a one-bedroom apartment of 645 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 16 June 2015 for AED 1,735,800, or AED 1,793 per sqft, 154% above the AED 706 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2022. The current contract, signed on 1 April 2022, is AED 40,000 a year: a gross yield of 2.3% on the 2015 price, before the service charge of about AED 7,700 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, June 2015: AED 1,735,800 (AED 1,793 per sqft)

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

Rents
Unit 313, 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 50,000New contract, April 2022: AED 40,000 a year

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 313 sits

All 128 1-beds →

313 last sold in June 2015 at AED 1,793 per sqft, 154% above what one-beds in Axis Residences 3 were fetching at the time (AED 706). 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. 313's AED 40,000 is in the lower half of that range.

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
3011-bedAED 360K · Sep 2022
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
1–7 of 15

313, Axis Residences 3 in numbers

  • Sold once: by Gulf General Investments Co on 16 June 2015 for AED 1,735,800, or AED 1,793 per sqft.
  • Rented since April 2022 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 2.3%, before a service charge of about AED 7,700 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 1 April 2022.

Questions about 313, Axis Residences 3

What did unit 313 last sell for?

AED 1,735,800 on 16 June 2015, sold by the developer: AED 1,793 per sqft for 645 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 40,000 a year on the contract signed on 1 April 2022.

How big is unit 313?

645 sqft (59.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 313 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 313, Axis Residences 3

Starts from the last sale price (AED 1.74M, 16 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,735,800
Deposit, UAE resident (20%)
AED 347,160
Deposit, non-resident (40%)
AED 694,320
Monthly over 25 years at 3.7%
AED 7,102

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