1-bed · 968 sqftAxis Residences 3, Dubai Silicon Oasis · 4th floor · completed 2009

405, Axis Residences 3

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 436K17 February 2022
Current rentAED 32K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Axis Residences 3

What is 405 worth today?

Last sold for AED 436,300 in 2022

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17 Feb 2022SoldReady
AED 436,300AED 450 per sqft
1 Nov 2020RentedNew contract
AED 32,000/yr13 months · AED 33 per sqft
20 Jul 2018RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
25 May 2017RentedNew contract
AED 53,000/yr12 months · AED 55 per sqft
14 Oct 2015RentedNew contract
AED 50,400/yr12 months · AED 52 per sqft
21 Jun 2015Sold by developerReady
AED 1,708,100AED 1,764 per sqft
14 Oct 2014RentedNew contract
AED 50,400/yr12 months · AED 52 per sqft
14 Oct 2013RentedNew contract
AED 48,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
4th of 8
Parking
52
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 436K · February 2022

About 405, Axis Residences 3

405 is a one-bedroom apartment of 968 sqft on the 4th 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 17 February 2022 for AED 436,300, or AED 450 per sqft, in line with the AED 450 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 November 2020, is AED 32,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 1,708,100 (AED 1,764 per sqft)Sold, February 2022: AED 436,300 (AED 450 per sqft)

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

Rents
Unit 405, 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, October 2013: AED 48,000 a yearNew contract, October 2014: AED 50,400 a yearNew contract, October 2015: AED 50,400 a yearNew contract, May 2017: AED 53,000 a yearNew contract, July 2018: AED 50,000 a yearNew contract, November 2020: AED 32,000 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 405 sits

All 128 1-beds →

405 last sold in February 2022 at AED 450 per sqft, in line with what one-beds in Axis Residences 3 were fetching at the time (AED 450). 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. 405's AED 32,000 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 4th floor

All 128 units in Axis Residences 3
Value
4011-bedAED 770K · Apr 2016
4021-bedNo registered sale
4031-bedAED 610K · Sep 2026
4041-bedAED 620K · Dec 2025
4061-bedAED 348K · Dec 2022
4071-bedAED 360K · Feb 2020
4081-bedAED 517K · Jan 2012
1–7 of 15

405, Axis Residences 3 in numbers

  • Sold twice: first on 21 June 2015 for AED 1,708,100, last on 17 February 2022 for AED 436,300 (AED 450 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 48,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 11,600 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 17 February 2022.

Questions about 405, Axis Residences 3

What did unit 405 last sell for?

AED 436,300 on 17 February 2022: AED 450 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 1,708,100 in June 2015.

What is the rent for unit 405?

AED 32,000 a year on the contract signed on 1 November 2020. The previous contract, from July 2018, was AED 50,000; the unit has been rented since October 2013.

How big is unit 405?

968 sqft (89.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 405 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 405, Axis Residences 3

Starts from the last sale price (AED 436K, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 436,300
Deposit, UAE resident (20%)
AED 87,260
Deposit, non-resident (40%)
AED 174,520
Monthly over 25 years at 3.7%
AED 1,785

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