1-bed · 857 sqftAxis Residences 3, Dubai Silicon Oasis · 3rd floor · completed 2009

316, Axis Residences 3

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 381K18 December 2024
Current rentAED 47K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Axis Residences 3

What is 316 worth today?

Last sold for AED 380,500 in 2024

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1 Mar 2026RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
18 Dec 2024SoldReady
AED 380,500AED 443 per sqft
15 Oct 2023RentedNew contract
AED 41,000/yr12 months · AED 48 per sqft
1 Oct 2022RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
1 Feb 2021RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
7 Nov 2019RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
7 Nov 2018RentedNew contract
AED 41,000/yr12 months · AED 48 per sqft
7 Oct 2018Sold by developerReady
AED 1,735,900AED 2,024 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
3rd of 8
Parking
48
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 381K · December 2024

About 316, Axis Residences 3

316 is a one-bedroom apartment of 857 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 18 December 2024 for AED 380,500, or AED 443 per sqft, 21% below the AED 563 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 March 2026, is AED 47,000 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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, October 2018: AED 1,735,900 (AED 2,024 per sqft)Sold, December 2024: AED 380,500 (AED 443 per sqft)

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

Rents
Unit 316, 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, May 2013: AED 34,650 a yearNew contract, July 2014: AED 52,000 a yearNew contract, November 2018: AED 41,000 a yearRenewal, November 2019: AED 40,000 a yearNew contract, February 2021: AED 28,000 a yearNew contract, October 2022: AED 36,000 a yearNew contract, October 2023: AED 41,000 a yearNew contract, March 2026: AED 47,000 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 316 sits

All 128 1-beds →

316 last sold in December 2024 at AED 443 per sqft, 21% below what one-beds in Axis Residences 3 were fetching at the time (AED 563). 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. 316's AED 47,000 is in the upper 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

316, Axis Residences 3 in numbers

  • Sold twice: first on 7 October 2018 for AED 1,735,900, last on 18 December 2024 for AED 380,500 (AED 443 per sqft).
  • Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 34,650 to AED 28,000 in 2021 and recovered to AED 47,000 by March 2026.
  • At AED 47,000 a year the gross yield on the 2024 price is 12.3%, 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 March 2026.

Questions about 316, Axis Residences 3

What did unit 316 last sell for?

AED 380,500 on 18 December 2024: AED 443 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,735,900 in October 2018.

What is the rent for unit 316?

AED 47,000 a year on the contract signed on 1 March 2026. The previous contract, from October 2023, was AED 41,000; the unit has been rented since May 2013.

How big is unit 316?

857 sqft (79.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 316 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 316, Axis Residences 3

Starts from the last sale price (AED 381K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 380,500
Deposit, UAE resident (20%)
AED 76,100
Deposit, non-resident (40%)
AED 152,200
Monthly over 25 years at 3.7%
AED 1,557

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