509, Axis Residences 3
Sold prices and rental history: sold once, by the developer in October 2012, 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 509, Axis Residences 3
What is 509 worth today?
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Source: Dubai Land Department. Updated 9 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 5th of 8
- Parking
- 72
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,400 /yr
- Last sold
- AED 1.51M · October 2012
- Building
- Axis Residences 3
About 509, Axis Residences 3
509 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. The developer sold it on 1 October 2012 for AED 1,507,000, or AED 1,731 per sqft, 191% above the AED 595 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 9 August 2025, is AED 48,000 a year: a gross yield of 3.2% on the 2012 price, before the service charge of about AED 10,400 a year.
Sales and rents for 509 over time
509 has sold once; 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 509 sits
All 128 1-beds →509 last sold in October 2012 at AED 1,731 per sqft, 191% above what one-beds in Axis Residences 3 were fetching at the time (AED 595). 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. 509's AED 48,000 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 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 | |
| 508 | 1-bed | 870 sqft | No registered sale | 40,480 /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 |
509, Axis Residences 3 in numbers
- Sold once: by Gulf General Investments Co on 1 October 2012 for AED 1,507,000, or AED 1,731 per sqft.
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 40,000 to AED 35,000 in 2022 and recovered to AED 48,000 by August 2025.
- At AED 48,000 a year the gross yield on the 2012 price is 3.2%, before a service charge of about AED 10,400 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 9 August 2025.
Questions about 509, Axis Residences 3
What did unit 509 last sell for?
AED 1,507,000 on 1 October 2012, sold by the developer: AED 1,731 per sqft for 870 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 48,000 a year on the contract renewed on 9 August 2025. The previous contract, from August 2024, was AED 48,000; the unit has been rented since July 2013.
How big is unit 509?
870 sqft (80.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.
What is unit 509 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 509, Axis Residences 3
Starts from the last sale price (AED 1.51M, 1 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,507,000
- Deposit, UAE resident (20%)
- AED 301,400
- Deposit, non-resident (40%)
- AED 602,800
- Monthly over 25 years at 3.7%
- AED 6,166
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →