508, Axis Residences 3
Sold prices and rental history: no registered sale, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Axis Residences 3
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 5th of 8
- Parking
- 71
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,400 /yr
- Last sold
- No registered sale
- Building
- Axis Residences 3
About 508, Axis Residences 3
508 is a one-bedroom apartment of 870 sqft on the 5th floor of Axis Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. No sale of the unit is registered with the Dubai Land Department.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 40,480 a year, before the service charge of about AED 10,400 a year.
Sales and rents for 508 over time
No registered sale of 508; 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 508 sits
All 128 1-beds →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. 508's AED 40,480 is in the lower 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 5th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 855 sqft | No registered sale | 55,000 /yr | |
| 502 | 1-bed | 809 sqft | No registered sale | 43,000 /yr | |
| 503 | 1-bed | 808 sqft | No registered sale | 55,000 /yr | |
| 504 | 1-bed | 968 sqft | No registered sale | 43,010 /yr | |
| 505 | 1-bed | 968 sqft | No registered sale | 55,000 /yr | |
| 506 | 1-bed | 808 sqft | AED 600KAED 600,000 · Jun 2026June 2026 | 64,000 /yr | |
| 507 | 1-bed | 751 sqft | AED 565KAED 565,000 · May 2025May 2025 | 63,000 /yr | |
| 509 | 1-bed | 870 sqft | AED 1.51MAED 1,507,000 · Oct 2012October 2012 | 48,000 /yr | |
| 510 | 1-bed | 751 sqft | AED 353KAED 352,886 · Oct 2021October 2021 | 50,000 /yr | |
| 511 | 1-bed | 808 sqft | AED 650KAED 650,000 · Sep 2015September 2015 | 57,000 /yr | |
| 512 | 1-bed | 968 sqft | AED 1.48MAED 1,484,500 · Sep 2012September 2012 | 48,000 /yr | |
| 513 | 1-bed | 968 sqft | AED 690KAED 690,000 · Sep 2025September 2025 | 58,000 /yr | |
| 514 | 1-bed | 808 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | 52,000 /yr | |
| 515 | 1-bed | 813 sqft | AED 1.41MAED 1,414,900 · Sep 2012September 2012 | 48,000 /yr | |
| 516 | 1-bed | 857 sqft | AED 1.48MAED 1,484,500 · Sep 2012September 2012 | 60,000 /yr |
508, Axis Residences 3 in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 40,480 by August 2024.
- 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 August 2024.
Questions about 508, Axis Residences 3
What is the rent for unit 508?
AED 40,480 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 36,800; the unit has been rented since December 2014.
How big is unit 508?
870 sqft (80.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.
What is unit 508 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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