416, Axis Residences 3
Sold prices and rental history: sold twice, last in January 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416, Axis Residences 3
What is 416 worth today?
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Source: Dubai Land Department. Updated 14 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 4th of 8
- Parking
- 63
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 313K · January 2016
- Building
- Axis Residences 3
About 416, Axis Residences 3
416 is a one-bedroom apartment of 857 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 27 January 2016 for AED 312,500, or AED 364 per sqft, 55% below the AED 804 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 14 June 2024, is AED 45,000 a year: a gross yield of 14.4% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 416 over time
416 has sold twice; the dashed line is the one-bed median of each year in the building.
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 416 sits
All 128 1-beds →416 last sold in January 2016 at AED 364 per sqft, 55% 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. 416's AED 45,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 809 sqft | 540,000 | 667 | ||
| 8 Sep 20268 September 2026 | 808 sqft | 610,000 | 755 | ||
| 19 Jun 202619 June 2026 | 808 sqft | 600,000 | 742 | ||
| 12 Mar 202612 March 2026 | 968 sqft | 610,000 | 630 |
Axis Residences 3
Building128 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%
Other units on the 4th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 855 sqft | AED 770KAED 770,000 · Apr 2016April 2016 | ||
| 402 | 1-bed | 809 sqft | No registered sale | 42,504 /yr | |
| 403 | 1-bed | 808 sqft | AED 610KAED 610,000 · Sep 2026September 2026 | 50,000 /yr | |
| 404 | 1-bed | 968 sqft | AED 620KAED 620,000 · Dec 2025December 2025 | 47,143 /yr | |
| 405 | 1-bed | 968 sqft | AED 436KAED 436,300 · Feb 2022February 2022 | 32,000 /yr | |
| 406 | 1-bed | 808 sqft | AED 348KAED 348,000 · Dec 2022December 2022 | 57,000 /yr | |
| 407 | 1-bed | 751 sqft | AED 360KAED 360,000 · Feb 2020February 2020 | 48,000 /yr | |
| 408 | 1-bed | 870 sqft | AED 517KAED 516,600 · Jan 2012January 2012 | 36,000 /yr | |
| 409 | 1-bed | 870 sqft | AED 520KAED 520,000 · May 2025May 2025 | 47,000 /yr | |
| 410 | 1-bed | 751 sqft | AED 578KAED 578,000 · Apr 2015April 2015 | 46,000 /yr | |
| 411 | 1-bed | 808 sqft | AED 400KAED 400,000 · Mar 2013March 2013 | 37,260 /yr | |
| 412 | 1-bed | 968 sqft | AED 422KAED 422,000 · Sep 2022September 2022 | 52,000 /yr | |
| 413 | 1-bed | 968 sqft | AED 600KAED 600,000 · Nov 2015November 2015 | 41,000 /yr | |
| 414 | 1-bed | 808 sqft | AED 905KAED 905,186 · Feb 2015February 2015 | 31,000 /yr | |
| 415 | 1-bed | 813 sqft | AED 931KAED 930,779 · Feb 2015February 2015 | 53,000 /yr |
416, Axis Residences 3 in numbers
- Sold twice: first on 4 October 2012 for AED 511,200, last on 27 January 2016 for AED 312,500 (AED 364 per sqft).
- Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 42,000 to AED 30,000 in 2022 and recovered to AED 45,000 by June 2024.
- At AED 45,000 a year the gross yield on the 2016 price is 14.4%, 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 14 June 2024.
Questions about 416, Axis Residences 3
What did unit 416 last sell for?
AED 312,500 on 27 January 2016: AED 364 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 511,200 in October 2012.
What is the rent for unit 416?
AED 45,000 a year on the contract renewed on 14 June 2024. The previous contract, from June 2024, was AED 45,000; the unit has been rented since May 2013.
How big is unit 416?
857 sqft (79.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 416 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 416, Axis Residences 3
Starts from the last sale price (AED 313K, 27 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 312,500
- Deposit, UAE resident (20%)
- AED 62,500
- Deposit, non-resident (40%)
- AED 125,000
- Monthly over 25 years at 3.7%
- AED 1,279
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →