1-bed · 808 sqftAxis Residences 3, Dubai Silicon Oasis · 4th floor · completed 2009

406, Axis Residences 3

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 348K5 December 2022
Current rentAED 57K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Axis Residences 3

What is 406 worth today?

Last sold for AED 348,000 in 2022

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1 Nov 2026RentedRenewal
AED 57,000/yr12 months · AED 71 per sqft
5 Dec 2022SoldReady
AED 348,000AED 430 per sqft
1 Nov 2017RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
1 Oct 2014RentedNew contract
AED 44,000/yr12 months · AED 55 per sqft
1 Oct 2013RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
1 Oct 2012RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft
17 May 2012Sold by developerReady
AED 444,373AED 550 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
4th of 8
Parking
53
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
AED 348K · December 2022

About 406, Axis Residences 3

406 is a one-bedroom apartment of 808 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 5 December 2022 for AED 348,000, or AED 430 per sqft, in line with the AED 426 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 57,000 a year: a gross yield of 16.4% on the 2022 price, before the service charge of about AED 9,700 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Axis Residences 3
400K600K20112015201920232027Typical 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, May 2012: AED 444,373 (AED 550 per sqft)Sold, December 2022: AED 348,000 (AED 430 per sqft)

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

Rents
Unit 406, 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 2012: AED 34,000 a yearNew contract, October 2013: AED 38,000 a yearNew contract, October 2014: AED 44,000 a yearNew contract, November 2017: AED 55,000 a yearRenewal, November 2026: AED 57,000 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 406 sits

All 128 1-beds →

406 last sold in December 2022 at AED 430 per sqft, in line with what one-beds in Axis Residences 3 were fetching at the time (AED 426). 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. 406's AED 57,000 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 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
4051-bedAED 436K · Feb 2022
4071-bedAED 360K · Feb 2020
4081-bedAED 517K · Jan 2012
1–7 of 15

406, Axis Residences 3 in numbers

  • Sold twice: first on 17 May 2012 for AED 444,373, last on 5 December 2022 for AED 348,000 (AED 430 per sqft).
  • Rented since October 2012 on 5 Ejari contracts, from AED 34,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2022 price is 16.4%, 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 1 November 2026.

Questions about 406, Axis Residences 3

What did unit 406 last sell for?

AED 348,000 on 5 December 2022: AED 430 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 444,373 in May 2012.

What is the rent for unit 406?

AED 57,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2017, was AED 55,000; the unit has been rented since October 2012.

How big is unit 406?

808 sqft (75.1 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 406 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 406, Axis Residences 3

Starts from the last sale price (AED 348K, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 348,000
Deposit, UAE resident (20%)
AED 69,600
Deposit, non-resident (40%)
AED 139,200
Monthly over 25 years at 3.7%
AED 1,424

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