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

413, Axis Residences 3

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 5 January 2024
Last soldAED 600K23 November 2015
Current rentAED 41K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Axis Residences 3

What is 413 worth today?

Last sold for AED 600,000 in 2015

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5 Jan 2024RentedRenewal
AED 41,000/yr12 months · AED 42 per sqft
5 Jan 2023RentedRenewal
AED 41,000/yr12 months · AED 42 per sqft
5 Jan 2022RentedRenewal
AED 35,000/yr12 months · AED 36 per sqft
5 Jan 2021RentedRenewal
AED 27,000/yr12 months · AED 28 per sqft
5 Jan 2020RentedRenewal
AED 36,000/yr12 months · AED 37 per sqft
5 Jan 2019RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
1 Dec 2017RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
1 Dec 2016RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 5 January 2024.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
4th of 8
Parking
60
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 600K · November 2015

About 413, Axis Residences 3

413 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 23 November 2015 for AED 600,000, or AED 619 per sqft, 23% below the AED 804 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 5 January 2024, is AED 41,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 11,600 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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, October 2012: AED 499,200 (AED 515 per sqft)Sold, November 2015: AED 600,000 (AED 619 per sqft)

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

Rents
Unit 413, 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 2014: AED 60,000 a yearRenewal, October 2015: AED 62,000 a yearNew contract, December 2016: AED 50,000 a yearRenewal, December 2017: AED 50,000 a yearNew contract, January 2019: AED 40,000 a yearRenewal, January 2020: AED 36,000 a yearRenewal, January 2021: AED 27,000 a yearRenewal, January 2022: AED 35,000 a yearRenewal, January 2023: AED 41,000 a yearRenewal, January 2024: AED 41,000 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 413 sits

All 128 1-beds →

413 last sold in November 2015 at AED 619 per sqft, 23% below what one-beds in Axis Residences 3 were fetching at the time (AED 804). 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. 413's AED 41,000 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
4051-bedAED 436K · Feb 2022
4061-bedAED 348K · Dec 2022
4071-bedAED 360K · Feb 2020
1–7 of 15

413, Axis Residences 3 in numbers

  • Sold twice: first on 4 October 2012 for AED 499,200, last on 23 November 2015 for AED 600,000 (AED 619 per sqft).
  • Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 27,000 in 2021 and recovered to AED 41,000 by January 2024.
  • At AED 41,000 a year the gross yield on the 2015 price is 6.8%, 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 5 January 2024.

Questions about 413, Axis Residences 3

What did unit 413 last sell for?

AED 600,000 on 23 November 2015: AED 619 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 499,200 in October 2012.

What is the rent for unit 413?

AED 41,000 a year on the contract renewed on 5 January 2024. The previous contract, from January 2023, was AED 41,000; the unit has been rented since October 2014.

How big is unit 413?

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

What is unit 413 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 413, Axis Residences 3

Starts from the last sale price (AED 600K, 23 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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